Category: Infrastructure Finance

S&P Global Ratings’ Kurt Forsgren discusses the fraught future of autonomous vehicles in Automotive World

Before autonomous vehicles (AVs) become mainstream, changing public perceptions and further technological advances – not to mention further investment – are necessary. In an article published in Automotive World, Kurt Forsgren, Nishit Madlali, and Lawrence Orlowski, S&P Global Ratings, discuss the potentially huge impact the AV industry could have on infrastructure investment. They explain that this potential …

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S&P Global Ratings’ Mar Beltran warns of the importance of low risk in construction for BRINK News

Following the collapse of Carillion, S&P Global Ratings’ senior director and lead for Infrastructure EMEA, Mar Beltran, has warned against the temptation for construction companies to slacken their risk management policies in an ever competitive market. In an article for BRINK News, Beltran explains that thinning margins have caused many construction companies to aggressively underbid for projects, forcing them …

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S&P Global Ratings publishes Infrastructure Finance Outlook, its latest quarterly newsletter

S&P Global Ratings has published its latest edition of Infrastructure Finance Outlook – the quarterly newsletter reviewing the global infrastructure sectors’ key new stories. Changes in regulations and advances in technology have plunged the infrastructure sector into a period of disruption. In this edition, S&P Global Ratings discuss the credit risks and opportunities that the rise of autonomous vehicles and smart …

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Pakistan’s corridor to growth: Commerzbank’s Alexander Mondorf writes for BRINK Asia

Thanks in no small part to Chinese investment, things may be looking up for Pakistan’s economy. The feature from Alexander Mondorf, Regional Head Indian Subcontinent & ASEAN and Country Relationship Manager, Financial Institutions at Commerzbank, outlines the importance of the China-Pakistan Economic Corridor.

S&P Global Ratings’ Mar Beltran explains Carillion’s accounting malpractices

Before its eventual collapse, Carillion mislabelled its financial liability to banks as “owed to creditors” rather than “borrowing”. According to the UK parliamentary committee investigating its demise, this allowed the company to avoid negatively affecting its debt-to-equity ratio and to prolong its survival. In a recent statement, Mar Beltran, senior director and lead for Infrastructure …

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Credit risk, stranded assets and the environment: S&P Global Ratings’ Mike Wilkins contributes a chapter to a major new Routledge study

With ongoing advances in sustainability, the risk of being unable to monetise ca​r​bon assets grows by the day. A new book from Routledge, Stranded Assets and the Environment: Risk, Resilience and Opportunity, explores the ramifications of asset stranding across various sectors of the global economy. Mike Wilkins, Head of Sustainable Finance at S&P Global Ratings, …

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IREI questions S&P Global Ratings’ Kurt Forsgren about the road ahead for autonomous vehicles

Though the road ahead for autonomous vehicles (AVs) remains uncertain, the technology’s potential is far-reaching. Kurt Forsgren, managing director and sector leader for Infrastructure in U.S. Public Finance at S&P Global Ratings, recently spoke to Institutional Investing in Infrastructure (IREI) about the influence that these disruptive technologies could eventually hold over infrastructure assets. “The variance …

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S&P Global Ratings’ Mar Beltran warns airports of retail and mobility disruption

S&P Global Ratings’ senior director and lead for Infrastructure EMEA, Mar Beltran, has warned airport operators of the future disruption in the face of evolving trends in the retail and mobility industries. In an article for Airport Business, Beltran explains that technological disruption from online retail outlets and ride-hailing apps are threatening airports’ commercial and …

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In Banker Middle East, S&P’s Michael Wilkins considers how green Sukuk is driving issuance in the GCC

The GCC faces high spending requirements on two fronts. Infrastructure projects require approx. US$120-150 billion between now and 2019, while refinancing corporate capital market debt also demands US$23.6 billion, due before 2019. However, green Islamic financing fuelled corporate and infrastructure Sukuk issuance in the GCC last year, writes Michael Wilkins, Head of Sustainable Finance at …

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Writing for the World Bank, S&P Global Ratings’ Mar Beltran explains why infrastructure lending is on the rise

In recent years, the rated infrastructure universe has largely grown without interruption as increasing levels of capital flows to the sector. In a post for the World Bank, Mar Beltran, S&P Global Ratings’ senior director and sector lead for Infrastructure, EMEA, explains why. Read the blog here.