Today, we have published our report on ensuring a reliable approach to assessing the financeability of regulated firms, on behalf of Scottish Power Energy Networks.

The report focuses on addressing two key challenges in accurately assessing financeability: (i) the correct identification of the notional firm, including reflecting key interdependencies across individual assumptions; and (ii) ensuring long-term financeability (where an overly short-term time horizon can mask problems arising from revenue reprofiling and underinvestment).  We set out practical recommendations to address these, for regulators to consider.