Iberdrola S.A. Credit Rating

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Date	Document Type	Title	Source
11 Apr 2024	Second Party Opinion	Iberdrola S.A.: Second Party Opinion – Sustainability Euro-Commercial Paper Programme Assigned SQS2	Moody's Investors Service
09 Apr 2024	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Iberdrola S.A.	Moody's Investors Service
19 Dec 2023	Second Party Opinion	Iberdrola S.A.: Second Party Opinion – Framework for Green Financing Updated SQS1 Sustainability Quality Score	Moody's Investors Service
27 Oct 2023	Announcement of Periodic Review	Moody's announces completion of a periodic review for a group of Unregulated Utilities and Unregulated Power issuers in Europe, Middle East and Africa	Moody's Investors Service
29 Mar 2023	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
28 Mar 2023	Rating Action	Moody's affirms Iberdrola's Baa1 ratings; stable outlook	Moody's Investors Service
13 Dec 2022	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
17 Nov 2022	Announcement of Periodic Review	Moody's announces completion of a periodic review for a group of Unregulated Utilities and Unregulated Power issuers	Moody's Investors Service
07 Nov 2022	Second Party Opinion	Iberdrola S.A.: Second Party Opinion – Framework for Green Financing Assigned SQS1 Sustainability Quality Score	Moody's Investors Service
16 May 2022	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
09 Dec 2021	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Iberdrola S.A.	Moody's Investors Service
19 Nov 2021	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
11 Jun 2021	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
04 Feb 2021	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Iberdrola S.A.	Moody's Investors Service
07 Dec 2020	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
21 Oct 2020	Issuer Comment	Iberdrola S.A.: Acquisition would strengthen Iberdrola's U.S. exposure and business risk profile, but could increase subordination	Moody's Investors Service
15 Jun 2020	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
09 Mar 2020	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Iberdrola S.A.	Moody's Investors Service
27 Nov 2019	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
29 May 2019	Issuer Profile	Iberdrola S.A.: Key Facts and Statistics - FYE December 2018	Moody's Investors Service
28 May 2019	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
29 Mar 2019	Announcement of Periodic Review	Moody's announces completion of a periodic review of ratings of Iberdrola S.A.	Moody's Investors Service
21 Nov 2018	Announcement	Moody's: EMEA unregulated utilities 2019 outlook changed to positive as profits move higher	Moody's Investors Service
22 Oct 2018	Issuer Comment	Iberdrola S.A.: Sale of UK conventional generation assets consistent with asset rotation strategy, a credit positive	Moody's Investors Service
28 Sep 2018	Credit Opinion	Iberdrola S.A.: Update to credit analysis	Moody's Investors Service
31 Jul 2018	Announcement	Moody's: Decarbonisation policies in Spain and Portugal will drive power market evolution to 2030	Moody's Investors Service
28 Jun 2018	Announcement	Moody's: Spring rains to drive earnings recovery for Iberian power producers in 2018	Moody's Investors Service
14 Jun 2018	Issuer Profile	Iberdrola S.A.: Key Facts and Statistics - FY Dec 2017	Moody's Investors Service
24 Apr 2018	Issuer Comment	ENEL S.p.A., Iberdrola S.A: Iberdrola’s improved offer for Eletropaulo underlines appeal of Brazil	Moody's Investors Service
27 Mar 2018	Credit Opinion	Iberdrola S.A.: Update following outlook change to stable	Moody's Investors Service
14 Mar 2018	Rating Action	Moody's changes outlook on Iberdrola's Baa1 ratings to stable from positive; affirms ratings	Moody's Investors Service
12 Mar 2018	Sector Comment	Regulated Electric & Gas Networks: British energy regulator’s proposals would reduce returns for network owners	Moody's Investors Service
07 Feb 2018	Announcement	Moody's: Stable credit quality for Spanish corporates in 2018 amid economic growth and good funding conditions	Moody's Investors Service
18 Jan 2018	Credit Opinion	Iberdrola S.A.: Semi-annual update to credit analysis	Moody's Investors Service
15 Dec 2017	Announcement	Moody's: Hybrid bonds to remain core element of EMEA utilities' funding in 2018	Moody's Investors Service
22 Nov 2017	Announcement	Moody's: Reinvigorated Iberian renewables market to offset shrinking coal capacity, stabilize prices	Moody's Investors Service
22 Nov 2017	Announcement	Moody's: Outlook for unregulated electric and gas utilities in EMEA region is stable	Moody's Investors Service
14 Sep 2017	Announcement	Moody's: Spanish utilities Endesa, Gas Natural gain after scooping up new renewables capacity	Moody's Investors Service
06 Jul 2017	Credit Opinion	Iberdrola S.A.: Semi-annual update	Moody's Investors Service
16 Jun 2017	Issuer Profile	Iberdrola S.A.: Key Facts and Statistics - FY Dec 2016	Moody's Investors Service
14 Jun 2017	Announcement	Moody's: Europe's energy network operators face long-term risks from shift to renewables	Moody's Investors Service
12 Jun 2017	Issuer Comment	Iberdrola S.A.: Merger of Elektro into Neoenergia supports Iberdrola’s Brazilian strategy	Moody's Investors Service
07 Feb 2017	Announcement	Moody's: Spanish companies' credit quality to stay stable amid favourable economic outlook	Moody's Investors Service
20 Dec 2016	Credit Opinion	Iberdrola S.A.: Semi-annual update	Moody's Investors Service
24 Nov 2016	Announcement	Moody's: Low interest rates benefit EMEA infrastructure, utilities firms but are not without risks	Moody's Investors Service
23 Nov 2016	Announcement	Moody's: 2017 outlook for EMEA unregulated utilities stable despite lower generation earnings	Moody's Investors Service
19 Oct 2016	Announcement	Moody's: Carbon reduction policies bring risk, opportunities for global unregulated utilities	Moody's Investors Service
05 Aug 2016	Announcement	Moody's: European utilities' interest in Latin America persists despite slowing growth, risks	Moody's Investors Service
19 Jul 2016	Announcement	Moody's: In Iberia, ancillary revenues to counterbalance low power prices	Moody's Investors Service
31 May 2016	Issuer In-Depth	Iberdrola S.A.: Accelerated transformation provides buffer against price falls	Moody's Investors Service

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