Category: Renewables

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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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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S&P Global Ratings’ Jessica Williams assesses the technologies powering the renewable energy boom for Marine Technology Reporter

Thanks to increasing levels of debt financing for climate-aligned projects, wind-generated power has become one of the fastest-growing green industries. Jessica Williams, Infrastructure Analyst at S&P Global Ratings, considers the undersea transmission cables that are making this progress possible by spurring distribution of the energy created. Read the full article here.

Banks to issue more green bonds, says S&P Global Ratings report, covered by specialist press

As key providers of financing, banks have a significant role to play in the transition to a low-carbon economy. S&P Global Ratings’ recent report considers the growth of green bonds issued by banks in recent years and prospects for continued green financing to account for an increasing proportion of bank lending in the future. The …

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S&P Global Ratings’ Green Evaluation of Eolica Mesa La Paz onshore wind financing covered by the specialist press

The proposed bonds that will finance the Eólica Mesa La Paz wind farm, in Mexico, have received an S&P Global Ratings Green Evaluation of E1/91 – the highest score available. Eólica Mesa La Paz will finance the construction of a 306-megawatt (MW) onshore wind project, located in Tamaulipas, by using a new senior secured bond …

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S&P Global Ratings’ BIF II Holtwood Green Evaluation covered by the specialist press

US$350 million senior secured notes, issued in February 2018, by BIF III Holtwood LLC, have received an S&P Global Ratings Green Evaluation score of E1/90. The score of E1/90 reflects an excellent Mitigation score (95/100), which is supported by a focus on renewable energy generation contributing to systemic decarbonisation and that these projects are located …

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S&P Global Ratings’ Michael Wilkins discusses the diversification of the green finance market in Responsible Investor

Writing for Responsible Investor, Michael Wilkins, Head of Sustainable Finance at S&P Global Ratings, considers the changing nature of the green finance market. While it continues to be led by the green bond, new financing vehicles – such as green securitisation and green sukuk – may help address climate change, while meeting infrastructure and energy …

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S&P Global Ratings’ 2018 green bond outlook covered by the specialist press

S&P Global Ratings expects strengthening green bond market fundamentals to fuel about a 30% increase in self-labeled instruments globally in 2018, pushing issuance to around $200 billion for the year (2018). This news, published in a report entitled Green Bonds Issuance Is Expected to Shoot Up Further was covered by the following in the specialist …

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S&P Global Ratings’ research on battery storage technology covered by specialist press

Thanks to rising investments in renewable sources and the declining technological costs, advanced battery energy storage (ABES) technology has the potential to upend America’s existing power model. Some industry experts believe the country’s storage market could increase ninefold from 2017 to 2022. S&P Global Ratings recently published a commentary series outlining where and when the …

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S&P Global Ratings’ COP23 outlook covered by Sustainable City Network

After a year of multiple extreme weather events around the world, there was growing sense of urgency for action at COP23, particularly from the small island states and developing countries looking to focus more attention on climate change adaptation. As such, S&P Global Ratings’ produced a report “COP23: Two Degrees, With Separation” examining the nationally …

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