Euler Hermes Rating GmbH » Solar Chest S.A.

Solar Chest S.A.

Development

Euler Hermes Rating affirms the BBB+ rating of the Fixed Rate Secured Notes with an issue volume of € 275 million maturing between 2020 and 2022 depending on the tranche. The issue rating is largely based on Elia’s guarantee to repurchase green certificates that Solar Chest had previously acquired from Elia, Elia’s issuer rating and the legal and regulatory framework.

Rating history Notation/outlook Rating report
22.05.2019 BBB+ / stable
03.07.2018 BBB+ / stable
11.07.2017 BBB+ / stable
12.07.2016 BBB+ / stable
17.07.2015 BBB+ / stable