CRISIL upgrades Suzlon Energy ratings to BBB+ with positive outlook
Renewable solutions provider Suzlon Energy on Wednesday said Crisil upgraded its ratings by two notches to BBB+/A2 with a positive outlook.
“Suzlon Group today announced that Crisil has upgraded the ratings of Suzlon Energy Ltd to CRISIL BBB+/A2 from CRISIL BBB-/A3′ with a Positive Outlook for long-term and short-term facilities, reflecting the company’s strengthened financial position, operational excellence and favourable sectoral tailwinds,” a company statement said.
