On November 12, 2019 the Analytical Credit Rating Agency (ACRA) assigned ROSATON a credit rating AAA (RU) with “Stable” outlook at the maximum possible sovereign level.
This is the first rating got by ROSATOM directly. Before that, all ratings from international rating agencies of “Big Three” and JSC “Expert RA” were assigned and kept at the level by JSC Atomenergoprom at the moment.
According to the press release of ACRA, the credit rating of ROSATOM is conditioned by a very high degree of significance for the state. The release notes that ROSATOM is the largest generating company in Russia (18.7% following the results of 2018 as related to the share electricity generation in Russia) and holds leading positions in the world nuclear market (construction of NPPs, uranium enrichment, fabrication of nuclear fuel, NPP decommissioning etc.). It also characterizes by a large number of projects outside Russia that is reflected in a significant volume of foreign sale proceeds.
The credit rating was assigned in the national scale the Russian Federation based on the methodology of the interaction analysis of the rated entities with the state as well as major notions used by the Agency in its activities. The “stable” outlook contemplates invariance of the rating in the horizon of 12-18 months with the largest degree of probability.