Category: Credit Ratings

Energy markets in the spotlight: S&P Global Ratings releases the latest edition of IFR Outlook

The latest edition of IFR Outlook – S&P’s monthly newsletter summarising key infrastructure and project finance-related research and rating news – suggests energy markets around the world are under tough scrutiny. In the front page feature, Pierre Georges, director of EMEA utilities, explains that in an environment of weak power prices, Europe’s nuclear fleets face …

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S&P highlights Brexit’s impact on investor appetite for British infrastructure

The prospect of leaving the EU is spreading uncertainty among investors in the UK’s infrastructure, according to a new report from S&P Global Ratings. In the report, ‘Brexit Is Weakening Investor Appetite For UK Infrastructure Assets. But Not For Long’, Managing Director of Infrastructure Finance Michael Wilkins notes that, while Britain has historically attracted more …

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S&P Global Ratings goes green with its latest edition of IFR Outlook

The latest edition of IFR Outlook – S&P’s monthly newsletter summarising key infrastructure and project finance-related research and rating update news – is out now, and the outlook is green-tinted. This month, Michael Wilkins, Managing Director of Infrastructure Finance and Head of Global Environmental & Climate Risk Research, describes a new product to analyse and …

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S&P Global asks: Can UK project finance endure Brexit’s economic woes?

A new report released by S&P Global Ratings outlines the potential effects of Brexit on financing the UK’s infrastructure projects. The report, ‘Brexit Woes Are Unlikely To Hamper Stability Of UK Project Finance Ratings’, suggests that S&P’s portfolio of over 50 rated transactions and private finance initiative (PFI) projects should remain resilient in the face …

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S&P Global Ratings outlines the need for consistent policy on the UK’s CfD regime in Energy World

In an exclusive article for Energy World – the monthly journal of the Energy Institute – Michael Wilkins, managing director of infrastructure finance ratings and head of environmental research at S&P Global, sets out the importance of the UK’s ‘Contracts for Difference’ (CfD) feed-in tariff scheme for reforming the country’s electricity market to include a …

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New S&P rating on Spanish solar project bonds picked up by the infrastructure and energy press

S&P Global has issued a long-term rating of ‘BBB’, with ‘stable’ outlook, on three bonds issued by limited-purpose entity, Vela Energy Finance S.A, for solar power development in Spain. The proceeds of the bonds – €404.4 million in total, with a maturity in 2036 – will be used to refinance 42 photovoltaic (PV) parks in …

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S&P Global Ratings outlines LNG’s top ten trends: what to look out for in 2016

In an article for Energy Voice – a magazine focusing on the renewable, oil, and gas sectors – Simon Redmond, a commodities specialist at S&P Global Ratings, outlines the ‘top ten’ developments to watch out for in the liquefied natural gas (LNG) market. Redmond explains that while LNG has historically maintained a relatively stable price, the coming …

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Brexit risks and the energy transition are hot topics at the S&P Global Ratings Annual Infrastructure Finance Seminar

The S&P Global Ratings Annual Infrastructure Finance Seminar kicked off last week at Haberdasher’s Hall in the City of London. Journalists, investors, bankers, analysts and politicians alike gathered to engage in two of the most important discussions affecting the UK infrastructure sector today: the ongoing energy transition – from carbon intensive processes such as coal-burning, to …

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Post- Brexit, could the UK infrastructure market weather the storm? S&P Global asks investors

With just days to go until the UK decides on whether or not to remain in the EU, Michael Wilkins, managing director of infrastructure finance at S&P Global Ratings, writes for leading infrastructure publication, InfraNews, about the likely impact of a ‘Brexit’ on infrastructure investment in the UK. Based on the results of a recent …

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Alexandra Krief of S&P Global explores the European private placement boom in GTNews

In an article for leading treasury magazine, GTNews, S&P Global Ratings’ director of mid-market evaluations, Alexandra Krief, explains why alternative lending markets are experiencing promising growth in Europe. With bank lending constrained, Krief shows that the European private placement (PP) markets and German Schuldschein in particular are benefiting as a result. In fact, companies seeking …

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