AGDER 5.41 09/30/25 FRN | Instrument | Scope Ratings

Rating news 5
Rating Reports 0

10/3/2025 Rating announcement EN

Scope affirms Norwegian integrated utility Å Energi’s A-/Stable issuer rating

The Stable Outlook reflects good business and financial risk profiles, which remain commensurate with the rating. However, rating headroom has shrunk amid recent strategic investments.

16/5/2024 Rating announcement EN

Scope affirms A- issuer rating of Å Energi and revises the Outlook to Stable

The Outlook change reflects increased debt in 2023 combined with lower but still higher-than-historical power prices and the prospect of higher investments.

5/6/2023 Rating announcement EN

Scope withdraws Glitre’s ratings after the successful merger into Å Energi

The ratings are withdrawn following a monitoring of Å Energi AS, the surviving company of the merger of Agder Energi AS and Glitre Energi AS.

6/9/2022 Rating announcement EN

Scope upgrades Glitre’s BBB rating to BBB+ and raises Outlook to Positive

The rating actions are based on the soon-to be-merged AgderGlitre entity, though the merger is still subject approval by owners and regulators. The Positive Outlook is driven by the strong financial risk profile.

17/12/2020 Rating announcement EN

Scope places Glitre Energi's BBB issuer rating under review for a developing outcome

The rating action reflects the updated analysis on power price developments and the progressing but uncertain outcome of merger talks with Adger Energi.

Date	Title

Announcements

Drinks

Scope affirms Norwegian integrated utility Å Energi’s A-/Stable issuer rating

Scope affirms A- issuer rating of Å Energi and revises the Outlook to Stable

Scope withdraws Glitre’s ratings after the successful merger into Å Energi

Scope upgrades Glitre’s BBB rating to BBB+ and raises Outlook to Positive

Scope places Glitre Energi's BBB issuer rating under review for a developing outcome