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Ignitis Group has retained ‘BBB+’ credit rating

24 Oct 2023 07:00

Ignitis Group has retained β€˜BBB+’ credit rating

AB β€œIgnitis grupė” (hereinafter – the Group or Ignitis Group) informs that an international credit ratings agency, S&P Global Ratings, after performing the annual review of the Group’s credit rating, affirmed β€˜BBB+’ (stable outlook) credit rating. You can find the credit rating report here (link).

β€œThe Group's strategy includes a commitment to maintain a high credit rating. This credit rating affirmation confirms that we follow through on our goals, ensure sustainable finances and are prepared to implement our investment plan,” said Jonas Rimavičius, Management Board Member and CFO at Ignitis Group.

β€˜BBB+’ credit rating was first awarded to the Group in June 2017.

For more information, please contact:

ArtΕ«ras Ketlerius Head of Corporate Communications at Ignitis Group arturas.ketlerius@ignitis.lt Β +370 620 76076

Date   Source Headline
16th Jun 20263:22 pmGNWIgnitis Group signs additional financing agreement with European Investment Bank in relation to Kelmė wind farm in Lithuania
16th Jun 20263:22 pmBUSIgnitis Group signs additional financing agreement with European Investment Bank in relation to Kelmė wind farm in Lithuania
15th Jun 20262:00 pmGNWAndrius Kavaliauskas to replace UAB “Ignitis” CEO Artūras Bortkevičius after the end of his term  
15th Jun 20262:00 pmBUSAndrius Kavaliauskas to replace UAB “Ignitis” CEO Artūras Bortkevičius after the end of his term  
10th Jun 20262:22 pmGNWIgnitis secures long-term access to Klaipėda LNG terminal capacity
10th Jun 20262:22 pmBUSIgnitis secures long-term access to Klaipėda LNG terminal capacity
1st Jun 20268:50 amGNWAB “Ignitis grupė” new term CEO selection announced
1st Jun 20268:50 amBUSAB “Ignitis grupė” new term CEO selection announced
13th May 20267:05 amGNWAB “Ignitis grupė” Strategic Plan 2026–2029: strategic focus on green flexibility, networks and value-over-volume approach
13th May 20267:05 amBUSAB “Ignitis grupė” Strategic Plan 2026–2029: strategic focus on green flexibility, networks and value-over-volume approach
13th May 20267:00 amGNWFirst three months 2026 interim report: solid performance and debut asset rotation transaction completed. Full-year 2026 guidance for Adjusted EBITDA and Investments reiterated
13th May 20267:00 amBUSFirst three months 2026 interim report: solid performance and debut asset rotation transaction completed. Full-year 2026 guidance for Adjusted EBITDA and Investments reiterated
29th Apr 20267:00 amGNWIgnitis Group to present 3M 2026 results and Strategic Plan 2026–2029 on 13 May
29th Apr 20267:00 amBUSIgnitis Group to present 3M 2026 results and Strategic Plan 2026–2029 on 13 May
30th Mar 20262:45 pmGNWIgnitis Group has completed the transaction for the sale of 49% of its shares in Vilnius CHP
30th Mar 20262:45 pmBUSIgnitis Group has completed the transaction for the sale of 49% of its shares in Vilnius CHP
26th Mar 20262:20 pmGNWThe Management Board of AB “Ignitis grupė” has been elected 
26th Mar 20262:20 pmBUSThe Management Board of AB “Ignitis grupė” has been elected 
25th Mar 20262:00 pmGNWResolutions of the Annual General Meeting of Shareholders of AB “Ignitis grupė”
25th Mar 20262:00 pmBUSResolutions of the Annual General Meeting of Shareholders of AB “Ignitis grupė”
20th Mar 20267:00 amGNWCORRECTION: Ignitis Group’s financial calendar 2026
20th Mar 20267:00 amBUSCORRECTION: Ignitis Group’s financial calendar 2026
10th Mar 20267:00 amGNWUpdate: Regarding the supplementation of the agenda of the Annual General Meeting of Shareholders of AB “Ignitis grupė” and draft resolutions on the items set out on the agenda
9th Mar 20267:30 amGNWRegarding the updated Letter of Expectations of the Ministry of Finance received by AB “Ignitis grupė”
9th Mar 20267:30 amBUSRegarding the updated Letter of Expectations of the Ministry of Finance received by AB “Ignitis grupė”
25th Feb 20267:48 amGNWNotice of convening the Annual General Meeting of Shareholders of AB “Ignitis grupė”
25th Feb 20267:34 amGNWIntegrated Annual Report 2025: record strategic progress with +0.7 GW of new green capacities installed, completed mass smart meter roll-out, and Adjusted EBITDA beat
25th Feb 20267:03 amGNWTwelve months 2025 interim report
25th Feb 20267:00 amGNWIgnitis Group has agreed to sell 49% of its shares in Vilnius CHP
24th Feb 20267:00 amGNWSelected candidates for the Management Board of AB “Ignitis grupė” 
11th Feb 20267:00 amGNWIgnitis Group to present full-year 2025 results on 25 February
15th Dec 20252:00 pmGNWOn the tentative award of a Polish capacity mechanism quarterly auction for 2030 to Ignitis Gamyba
11th Dec 20257:40 amGNWSelection process for the new Management Board of AB “Ignitis grupė” has been announced
12th Nov 20257:00 amGNWFirst nine months 2025 interim report: strong earnings and business plan delivery with +0.7 GW installed green capacities. Full-year 2025 guidance for Adjusted EBITDA and Investments updated
5th Nov 20257:00 amGNWIgnitis Group’s financial calendar 2026
31st Oct 20251:50 pmGNWChair of the new Supervisory Board of AB “Ignitis grupė” elected, committees formed
29th Oct 20257:00 amGNWIgnitis Group to present 9M 2025 results on 12 November
24th Oct 20257:57 amGNWResolutions of the General Meeting of Shareholders of AB “Ignitis grupė”
23rd Oct 202511:55 amGNWRegarding the income level of the Networks segment's distribution services for 2026
22nd Oct 20252:00 pmGNWIgnitis Group secures EUR 318 million financing for Kelmė wind farm in Lithuania
17th Oct 20252:30 pmGNWRegarding the income level of the Networks segment's electricity distribution services for 2026
16th Oct 20257:05 amGNWRegarding a new draft resolution for the item on the agenda of the General Meeting of Shareholders of AB “Ignitis grupė” to be held on 24 October 2025
10th Oct 20252:30 pmGNWIgnitis Renewables takes over full control of the Curonian Nord offshore wind farm
8th Oct 20257:45 amGNWIgnitis Group submits bid for 700 MW Lithuanian offshore wind tender with the State support
3rd Oct 20253:00 pmGNWNotice of convening the General Meeting of Shareholders of AB “Ignitis grupė”
22nd Sep 20257:00 amGNW72.5 MW Stelpe solar farm II in Latvia reaches the commercial operation date
19th Sep 20257:30 amGNWIgnitis Group has retained ‘BBB+' credit rating
25th Aug 20257:00 amGNW136.8 MW Silesia wind farm II in Poland reached the commercial operation date
13th Aug 20257:30 amGNWNotice of convening the General Meeting of Shareholders of AB “Ignitis grupė”
13th Aug 20257:00 amGNWFirst six months 2025: solid results and continued strategy delivery, highlighted by the launch of 313.7 MW Kelmė wind farm, the largest in the Baltics. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated

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