S&P Global Ratings has upgraded TVO’s long-term credit rating to BB+
On 21 March 2022, S&P Global Ratings (S&P) upgraded Teollisuuden Voima Oyj’s (TVO) long-term credit rating from BB to BB+ and affirmed its positive outlook.According to S&P, the rating upgrade is based on the successful startup and grid connection of the Olkiluoto 3 EPR (OL3) plant unit. The positive outlook reflects S&P’s expectation of continued progress for OL3, such as plant completion and full operations by July 2022.