Category: Renewables

S&P Global Ratings’ dim outlook for America’s new gas-fired generators is covered by Project Finance International

An S&P Global Ratings report into America’s independent power producer (IPP) market concludes that generators are at the mercy of thin margins and waning power demand – which could force energy companies to restructure their operations or even lead to generator closures.   In an article written by Project Finance International, S&P’s senior director, U.S. energy …

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S&P Global Ratings’ Michael Ferguson explains why American hydropower is undergoing a financing renaissance in an article for Business Green

At first glance, America’s hydropower generators may appear peripheral to the country’s grid, but according to Michael Ferguson, S&P Global Ratings’ Head of US Energy Infrastructure, there is more than meets the eye. Writing for Business Green, Ferguson argues that although new plants are all but prohibited, and many assets are fast approaching their useful …

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S&P’s Michael Ferguson shows that U.S. hydropower remains a promising asset in a feature for AlphaQ

Although hydropower’s future in America’s energy strategy is unclear following the election of President Trump, Michael Ferguson, director, US Energy Infrastructure, S&P Global Ratings, believes that U.S. hydro assets will remain resilient. In a guest commentary for AlphaQ’s February edition, Ferguson explains that, by leveraging hydropower facilities’ advantages – such as longevity, low variable cost …

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S&P’s Michael Ferguson explains why U.S. hydropower is experiencing a renaissance in an article for FTSE Global Markets

Donald Trump’s election victory has prompted discussion concerning a future overhaul to America’s energy policy. In turn, this has heightened uncertainty for many U.S. infrastructure investors – notably in renewable energy projects, such as hydropower. In an article for FTSE Global Markets, Michael Ferguson, director, US Energy Infrastructure, S&P Global Ratings, explains why these fears …

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S&P rating on MidAmerican Energy Co.’s first green bonds is covered by specialist press

S&P Global Ratings has assigned its ‘A+’ issue rating and ‘1+’ recovery rating to MidAmerican Energy Co.’s (MEC) – a subsidiary of Warren’s Buffett’s Berkshire Hathaway – first “eligible green” bonds. MEC’s first mortgage bond issues, worth $375 million (due 2027) and $475 million (due 2047) respectively, will replenish the utility’s general funds that were …

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S&P Global Ratings’ research into the risks associated with U.S. hydro assets in the age of Trump featured in the specialist press

Despite the U.S. president Donald Trump’s agnostic approach towards climate change, a recently-published S&P Global Ratings report has found the 2,200 U.S.-based hydropower facilities are experiencing a financing renaissance. While questions have been raised due to the nation’s stagnating hydropower capacity and fears the resource will be side-lined under Trump’s administration, S&P believes a resurgence …

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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 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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Santander’s Mauricio Munguia discusses Chile’s renewable energy opportunities for Renewable Energy Focus

Chile is aiming to produce 70% of its energy using renewable sources by 2050. This will provide European companies and investors with significant opportunities, writes Mauricio Munguia, Santander’s Latin American Desk Head, for Renewable Energy Focus. Driven by the pledges made at last year’s COP21 climate change conference in Paris, economies across the globe are …

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S&P’s Michael Wilkins discusses gauging project risk in Energy Storage Journal

In an article for Energy Storage Journal –a quarterly journal dedicated to energy storage and smart market grids – Michael Wilkins, managing director of infrastructure finance ratings and head of environmental research at S&P Global, highlights the importance of risk assessment in making energy storage infrastructure commercially viable. In the article, Wilkins highlights the incremental …

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