Friday, August 23, 2019

PEA stays solid with ‘AAA’ rating

Jan 21. 2019
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By The Nation

2,122 Viewed

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

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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.

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