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Credit
ratings
The Credit Ratings applicable to Alliander N.V. are:
| Credit ratings Alliander N.V. | Standard & Poor’s | Moody’s | Scope Rating |
|---|---|---|---|
| Short term | A-1 | P-1 | S-1 |
| Long term | A (positive outlook) | A1 (stable outlook) | A+ (stable outlook) |
As part of its financial policy, Alliander maintains no less than a solid A-rating profile.
The latest updates on the Alliander credit profile are listed below.
Moody’s
Investors Service
- Moody’s March 4, 2026
Credit opinion, affirmed A1 with stable outlook. - Moody’s March 10, 2025
Credit opinion March 10, 2025, Update following rating downgrade - Moody’s March 5, 2025
Credit opinion, downgraded to A1, affirms P-1, stable outlook - Moody’s April 25, 2024
Credit opinion, affirmed Aa3 with stable outlook
Standard & Poor’s
Ratings Services
- Standard & Poors, April 21, 2026
Rating Alliander N.V. on Outlook Positive from stable - Standard & Poors March 5, 2025
Rating Alliander NV downgraded to A/A-1 , stable outlook - Standard & Poor’s February 2, 2024
Ratings Alliander N.V. on stable outlook
Scope Ratings
- Scope Ratings 19 december 2025
Scope affirms and publishes Alliander’s A+/Stable issuer rating
Archive
- Moody’s April 12, 2023
Credit opinion, affirmed Aa3 with stable outlook - Moody’s April 11, 2022
Credit opinion, affirmed Aa3 with stable outlook - Moody’s June 18, 2021
Credit opinion, update following rating downgrade - Moody’s June 9, 2021
Downgrade of long term ratings to Aa3, affirmed P-1 credit rating; stable outlook - Moody’s December 23, 2020
Reaffirmation of Aa2/P-1 credit ratings with stable outlook. - Moody’s November 29, 2019
Reaffirmation of Aa2/P-1 credit ratings with stable outlook. - Moody’s December 12, 2018
Reaffirmation of Aa2/P-1 credit ratings with stable outlook. - Moody’s April 20, 2018
Reaffirmation of Aa2/P-1 credit ratings with stable outlook. - Moody’s January 29, 2018
Assignment of A2 issue rating to proposed subordinated perpetual bond issue - Moody’s April 12, 2017
Reaffirmation of Aa2/P-1 credit ratings with stable outlook. - Moody’s July 29, 2016
Reaffirmation of Aa2/P-1 credit ratings with stable outlook.
- Standard & Poor’s October 13, 2023
Ratings Alliander N.V. on CreditWatch Positive - Standard & Poor’s February 14, 2023
Key Alliander rating highlights: - Alliander Corporate rating remains unchanged at A+ with stable outlook. Short term unchanged at A-1
- Underlying:
- GRE uplift: +1 notch
- Downgrade SACP from A+ to A : -1 notch
- Hybrid rating downgraded from A- to BBB+ (follows from downgrade SACP)
- Standard & Poor’s October 19, 2022
Reaffirmation of A+/A-1 rating and stable outlook - Standard & Poor’s December 20, 2021
Downgrade of Alliander’s long term rating to A+, short term rating to A-1; stable outlook - Standard & Poor’s June 4, 2021
Ratings Alliander N.V. on CreditWatch Negative. - Standard & Poor’s February 18, 2020
Reaffirmation of AA-/A-1+ rating and stable outlook. - Standard & Poor’s November 27, 2017
Reaffirmation of AA-/A-1+ rating and stable outlook. - Standard & Poor’s December 19, 2016
Reaffirmation of AA-/A-1+ rating and stable outlook.