Home Africa Namibia: NamPower recognised by Fitch Rating, outperforms global peers – Business

Namibia: NamPower recognised by Fitch Rating, outperforms global peers – Business

Namibia: NamPower recognised by Fitch Rating, outperforms global peers – Business

Africa Links 24 with The Brief
Published on 2025-01-22 18:23:26

The Namibia Power Corporation (NamPower) has been recognised by Fitch Ratings for its robust financial profile, surpassing international peers such as Eskom (South Africa), PGE Polska Grupa Energetyczna (Poland), and Saudi Electricity Company (Saudi Arabia) in terms of funds from operations (FFO) net leverage.

According to Fitch Ratings this week, NamPower’s financial resilience is supported by its conservative capital structure and effective debt management.

The credit agency…

Read the Full article on The Namibian

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