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Organization: Cadent Gas
LEI 549300KCZ04E6ZUCZ288, SWIFT GASDGB2LXXX

Organization name
Cadent Gas Ltd
Country name
United Kingdom
Country of registration
United Kingdom
Industry
Water, Heat and Gas Supply
Bond debt
3,382 mln USD

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Profile

Cadent Gas Ltd. is a gas distribution company in the UK. It was formed in October 2016 as part of National Grid plc as National Grid Gas Distribution Limited. National Grid sold a majority stake in the business to a consortium including Macquarie Infrastructure and Real Assets and the Qatar Investment Authority on 31 March 2017. Cadent is Britain's largest gas network and maintains 131,000 kilometres of pipes supplying 11 million homes and businesses in the North West, Midlands, East and South East of England.

Awards

News

23/10/2023 S&P Global Ratings affirms Cadent Gas at "BBB+" (Local Currency LT credit rating); outlook negative
23/10/2023 S&P Global Ratings affirms Cadent Gas at "BBB+" (Foreign Currency LT credit rating); outlook negative
11/08/2023 Fitch Ratings affirms Cadent Gas at "BBB+" (LT Int. Scale (foreign curr.) credit rating); outlook stable
26/06/2023 S&P Global Ratings revised outlook on Cadent Gas to negative and affirmed at "BBB+" (Local Currency LT) credit rating
26/06/2023 S&P Global Ratings revised outlook on Cadent Gas to negative and affirmed at "BBB+" (Foreign Currency LT) credit rating
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Documentation

IFRS/US GAAP reports

2023
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2022
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2021
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2020
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2019
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2018
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Codes

  • LEI
    549300KCZ04E6ZUCZ288
  • SWIFT
    GASDGB2LXXX
  • SIC
    4923 NATURAL GAS TRANSMISISON & DISTRIBUTION
  • ICB
    2,700 Industrial Goods & Services

Credit and ESG Ratings

Macroeconomic Indicators - Cadent Gas

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