Following TenneT's waiver of certain call option rights in its hybrid on 14 December 2015, Standard & Poor's Ratings Services revised the equity content of TenneT's hybrid back to "intermediate" and affirmed its 'A-' corporate credit rating on TenneT. The outlook remains stable.
The energy sector is developing rapidly. The process of European market integration began some years ago. Its purpose is to create a single European market that enables market parties to trade gas and electricity across national borders easily and efficiently.
