Eesti Energia Assigned BBB- Rating with Stable Outlook by Fitch Ratings

Fitch Ratings has assigned Eesti Energia AS a first-time long-term issuer default rating of BBB- with a stable outlook. This is the first credit rating assigned by Fitch to Eesti Energia. The rating reflects the company's strong market position and stable cash flows from its electricity and heat generation business in Estonia. The stable outlook indicates that Fitch expects Eesti Energia's credit profile to remain stable over the next two years.

Fitch Ratings has assigned Eesti Energia AS a first-time long-term issuer default rating of BBB- with a stable outlook. This marks the first credit rating assigned by Fitch to Eesti Energia [1].

The rating reflects the company's strong market position and stable cash flows from its electricity and heat generation business in Estonia. The stable outlook indicates that Fitch expects Eesti Energia's credit profile to remain stable over the next two years.

Danel Freiberg, Head of Treasury and Financial Risk Management at Eesti Energia, commented on the rating, stating that it is a recognition of the company's financial strength and commitment to sustainable energy solutions. Further information can be obtained by contacting Freiberg at +372 5594 3838 or via email at danel.freiberg@energia.ee [2].

References:
[1] https://www.globenewswire.com/news-release/2025/07/23/3120050/0/en/Fitch-Assigns-Eesti-Energia-s-First-Time-credit-rating-BBB.html
[2] https://www.finanznachrichten.de/nachrichten-2025-07/65977596-eesti-energia-as-fitch-assigns-eesti-energia-s-first-time-credit-rating-bbb-399.htm