Lisbon, 13 August 2025 – ARC Ratings, S.A. (ARC) downgrades the final public long-term issuer ratings assigned to CME – Construção e Manutenção Electromecânica, S.A. (CME) and Tecneira Tecnologias Energéticas, S.A. (Tecneira) following a methodology update.

Full information about this issuer can be accessed here.