08.07.2016 06:42:00

State Grid International Development Limited -- Moody's: State Grid International Development's overseas investments have no immediate rating impact

Hong Kong, July 08, 2016 -- Moody's Investors Service says that State Grid International Development Limited's (SGID) potential acquisition of a 23% stake in CPFL Energia S.A. (unrated) in Brazil (Ba2 negative) and 14% stake in Eandis Assets (unrated) in Belgium (Aa3 stable), will have no immediate impact on its A1 issuer rating and negative outlook.

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