Corporate
Outlook: Positive
Action date: 06/18/2021
Rating action: Affirmed

NEXUS ENERGIA SA

Axesor Rating affirms Nexus Energía's rating at "BB" but changes its outlook from Stable to Positive. Nexus Energía, S.A. is a group which specialises in the energy sector as a representative agent and comprehensive supplier of electricity, natural gas and services for households, SMEs and large companies. Its turnover and EBITDA reached respectively € 892.2M and € 7.4M in 2020 (€ 1,153M and € 7.3M in 2019), with energy volumes of 12.7TWh (+16.4% YoY) and a minimum financial leverage (NFD/EBITDA of -0.96x).

Rating

Solicited
Date last rating: 06/18/2021
Date first rating: 07/07/2017