Energy review sparks concern
The European Commission's energy policy review - which aims to create a common European energy policy - could have significant implications for the risk profile of the European utility sector, according to Standard & Poor's.
The EC's continued push for greater liberalisation and competition in the energy sector could lead to increased earnings and credit risk for utilities, S&P warns.
The EC has expressed concern over the speed and inconsistency with which unbundling - the separation of
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