PEA stays solid with ‘AAA’ rating

Corporate January 21, 2019 12:28

By The Nation

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TRIS Rating has assigned the Provincial Electricity Authority (PEA) a company rating of “AAA” with a “stable” outlook.


The rating reflects PEA’s important role as a state-owned enterprise responsible for distributing electricity across Thailand, as well as its favourable investment-cost recovery through a tariff structure and predictable cash flow from a large pool of diversified customers. 

The rating also incorporates PEA’s prudent financial policy, its strong financial profile and its support from the government.