ANNUAL RESULTS 2020
Strategy and
investments
ESG
Renewables
COMPARATIVE CREDIT RATINGS
Moody's ratings
Regulated
France Generation and
supply
Consolidated sales
Operational data and markets
A1
EDF
S&P
ratings
BBB+ stable (1)
A2
Engie
BBB+ stable
Baa1 stable
A3
EDF
Vattenfall
Vattenfall
BBB+ stable
SSE
BBB+ stable
A3 negative
Baa1 negative
Moody's
ratings
A3 negative (2)
Fitch
ratings
A- negative (3)
A-stable
n.d.
BBB stable
Engie
Iberdrola
BBB+ stable
Baa1 stable
BBB+ stable
Baa1
Iberdrola
SSE
Enel
BBB+ stable
Baa1 stable
A- stable
Enel
E.ON
BBB stable
Baa2 stable
BBB+ stable
Baa2
E.ON
Uniper
BBB negative
n.d.
n.d.
RWE
n.d
Baa2 stable
BBB+ stable
Baa3
BBB-
BBB
BBB+
A-
A
A+
S&P ratings
Sources: rating agencies as of 11/05/2021
(1) Update of the rating and outlook of EDF Group by S&P on 10 March 2021
(2) Update of the rating and outlook of EDF Group by Moody's on 24 April 2020
(3) Update of the rating and outlook of EDF Group by Fitch on 3 September 2020
eDF
SALES FIRST QUARTER 2021
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