Research Detail
| 2024/11/06 / Erste Group Research |
CEE energy sector restructuring: credit opportunities Over the past two years, CEE issuers in the utilities and oil & gas sectors have made great progress in reducing their dependence on Russia. But bonds issued by CEE utilities and oil & gas companies still have higher spreads than their Western European peers despite comparable ratings. The strategies of CEE groups include high investments in the decarbonization of business activities in the coming years. Natural gas and nuclear power will continue to play an important role in CEE. Most CEE companies have strong credit metrics and low net debt, so they are accelerating the transformation process from a position of strength. Scenarios with EU CO2 emission allowances suggest that prices for fossil fuels will be on average 20-30% higher by 2030, with major price jumps appearing unlikely. |
 Download PDF (385kB)
|
General information
| Author | Erste Group Research |
| Date | 2024/11/06 |
| Language |  |
| Product name | Credit News |
| Topic in focus | Credits/ Corporate bonds |
| Economy in focus | CEE |
| Currency in focus | - |
| Sector in focus | - |
| Download |
