Sacyr receives BBB- investment grade rating from S&P

S&P Global Ratings has assigned Sacyr a BBB- corporate credit rating for long-term debt issuance, with a stable outlook. This marks the first time the company has received a rating from S&P, placing it within the investment grade category.

The agency attributed the rating to Sacyr’s business model transformation, financial strength, and its shift toward a more international and concessional profile. Key factors cited include the high contribution of the concessional business, vertical integration between concession capabilities and the Engineering and Infrastructure area, and predictable cash flows from a diversified portfolio of long-term assets. S&P noted that the portfolio is primarily composed of projects based on availability payments, which provides stability and limits demand risk exposure.

This rating follows a BBB- rating with a stable outlook granted by Morningstar DBRS in October 2025. The company stated that these recognitions reinforce its financial strategy and support the objectives outlined in its 2024-2027 Strategic Plan.