The new edition of IFR Outlook brings together the major commentaries, ratings updates and news in the global infrastructure sector over the first three months of 2017.
Making the front page is an in-depth feature on the credit implications of “bundling” of project finance assets. Senior director Trevor D’Olier-Lees argues that aggregating assets can “unlock potential” in industries across the infrastructure spectrum.
Next up on the agenda is the impact of Basel III regulation, as managing director Michael Wilkins explains that while bank lending may struggle to adjust to the changing regulatory environment, more innovative financing in the capital markets might find space to grow – with the Middle East’s Gulf Cooperation Council (GCC) already leading the way.
S&P’s analysts also explore the latest trends in the infrastructure world. They call out the challenges facing telecommunications companies, outline the current credit outlooks in the global utilities sector, and map out a likely route taken by toll-road operators. Director Michael Ferguson, meanwhile, takes a dive into the US hydropower sector, asking how generators might keep their heads above water in Trump’s energy market.
Moorgate compiles and edits IFR Outlook.