CVA: Moody’s affirms Baa2 rating with stable outlook | CVA

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04/03/2026

CVA: Moody’s affirms Baa2 rating with stable outlook

Compagnia Valdostana delle Acque - Compagnie Valdôtaine des Eaux S.p.A. ("CVA") announces that Moody's Ratings has today affirmed its long-term issuer rating of Baa2 with a stable outlook.

The rating affirmation reflects the solid and resilient profile of the CVA Group, supported by:

low-cost and low-emission electricity generation, strongly focused on hydropower;
a significant share of EBITDA generated from regulated electricity distribution activities and renewable energy incentives, which together accounted for approximately 14% of consolidated EBITDA in 2024.

The confirmed rating represents recognition of the CVA Group's industrial and financial strength and confirms the soundness of its corporate strategy, which is based on sustainability, growth in the renewable energy sector and strong local roots.

Last update: Mar 04, 2026 15:50:42 (GMT+2)