Fitch Rating has raised its ‘vulnerability scores’ for 100 utilities in Europe, the Middle East and Asia (EMEA) for the period 2025-2050. Integrated utilities like Enel, Iberdrola and EDP score a moderate 15 points, while Engie and Naturgie score 30-35 points due to higher transition risk of gas-fired generation, compared to transmission and distribution (T&D) assets.
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