Eskom latest: S&P positive credit watch; blackout levels lowered

S&P Global Ratings put Eskom’s debt assessment on positive watch. The move follows the announcement last month that Eskom will receive R254 billion in debt relief from the government, the ratings company said in a statement on Tuesday. S&P expects the move “will address Eskom’s near-term debt obligations once implemented and give Eskom room to focus on operational improvements and electricity-sector reform targets,” it said.

4 load shedding will be implemented until 05:00 on Thursday. pic.twitter.com/id4Vu9wNz7 — Eskom Hld SOC Ltd March 14, 2023 Tight reserve margin Eskom will maintain a reserve margin of only 2 200 megawatts, which is equal to a buffer of 7% on average during evening peak demand, Cape Town-based news website Netwerk24 reported, citing the utility.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P puts Eskom on positive credit watch | BusinessS&P Global Ratings has put Eskom's debt assessment on positive watch, meaning it may upgrade South Africa’s state-owned power utility. | News24_Business _Business 🧐🧐🧐 _Business SizweDhlomo what does this mean? _Business I wish I could comment 🤐
Source: News24 - 🏆 4. / 80 Read more »

S&P upgrades Eskom's outlook - TechCentralS&P Global Ratings put Eskom’s debt assessment on positive watch, meaning it may upgrade the state-owned power utility.
Source: TechCentral - 🏆 8. / 71 Read more »