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Moody's raises Hera rating

The Bologna-based multiutility, chaired by Tomaso Tommasi di Vignano, saw its outlook improve by the rating agency: from negative to stable, confirming the BAA1 rating.

Moody's raises Hera rating

The rating agency Moody's, in its periodic reviews, raised the outlook on Hera spa from negative to stable, confirming the BAA1 rating. The choice, as Moody's economists explain in a note issued by the agency, reflects the improvement in credit metrics to a level in line with the BAA1 rating, after the positive results of Hera for the year 2014 and the first quarter of 2015.

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