Moody's Maintains Enagás' Rating With Stable Outlook After New Regulatory Framework

11:59 PM EST, 11/07/2026 (MT Newswires) -- Moody's confirmed the Baa1 long-term issuer rating of Enagás (ENG.MC), with an unchanged stable outlook following the Spanish National Commission of Markets and Competition's latest regulated energy remuneration directive. The rating agency finds the 2027 to 2032 regulatory framework supportive for the Spanish energy infrastructure company, offering a clear view of its regulated revenue through 2032, according to a Nov. 6 release. The stable outlook is based on Moody's expectation that Enagas' credit profile will remain in line with the ratio guidance for the current rating.