Development
Euler Hermes Rating affirms the BBB+ rating of the Fixed Rate Secured Notes with an issue volume of € 275 million maturing between 2020 and 2022 depending on the tranche. The issue rating is largely based on Elia’s guarantee to repurchase green certificates that Solar Chest had previously acquired from Elia, Elia’s issuer rating and the legal and regulatory framework.
| Rating history | Notation/outlook | Rating report |
| 22.05.2019 | BBB+ / stable |  |
| 03.07.2018 | BBB+ / stable | |
| 11.07.2017 | BBB+ / stable | |
| 12.07.2016 | BBB+ / stable | |
| 17.07.2015 | BBB+ / stable | |
