Category: Renewables

Investors would do well to consider environmental factors, S&P’s Michael Wilkins tells the ICC

As world leaders meet in Paris, many are looking to their governments to drive the fight against climate change and contribute to the transition to a low-carbon global economy. To this end, directing future investment away from fossil fuel-based energy projects towards clean, green energy alternatives will be key, says Michael Wilkins, Managing Director of …

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S&P analysis of European nuclear power debt picked up by City AM and Energy Live News

Europe’s reliance on nuclear power has given it the largest fleet of plants in the word. Yet as countries – notably Germany – begin to phase out their nuclear portfolio, the financial impact is set to be significant. The considerable costs of decommissioning nuclear plants and dealing with the fuel waste will highlight the financing …

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S&P discusses the future of climate change ahead of COP21

As the world looks to the UN Climate Change Conference in Paris – COP21 – the future of a low-carbon global economy is high on the agenda. Governments will seek strategies to limit the rise of global temperatures – with a maximum of 2 degrees Celsius being the target. But making the jump to a …

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Energy transition: experts map the road ahead in Siemens Financial Services (SFS) video

While the energy market has been moving from fossil-fuel dependency to a cleaner, greener system for some time, the transition has been gaining notable momentum over the past five years or so. Interest in offshore wind, in particular, is picking up. This was the general consensus of industry experts from the European Investment Bank, the …

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S&P’s first rating of an offshore wind farm covered by the specialist press

The energy market’s transition from fossil-fuel dependency to a cleaner, greener system has been gaining significant momentum over the past five years. In particular, offshore wind has gone from strength to strength. As such, Standard & Poor’s Ratings Services assigned their first ever preliminary credit rating of ‘BBB-’ to offshore wind project WindMW. Commonly known …

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Gulf-based infrastructure companies are feeling the heat on the back of low oil prices – S&P writes for InfraNews

Low oil prices – having halved since last year – are causing repercussions for infrastructure development in the Gulf, says Standard & Poor’s Karim Nassif in his article for InfraNews. This is because infrastructure companies dependent on state revenues are witnessing a public funding deficit, he explains. And as cheap oil means liquid capital becomes …

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Powering projects; the focus of S&P’s October Outlook

In October’s Infrastructure Outlook – Standard & Poor’s monthly newsletter rounding up all the key ratings updates and research relevant to infrastructure and project finance – Karim Nassif, an associate director based in Dubai, examines how some corporate and infrastructure companies in the Gulf Cooperation Council are suffering on the back of low oil prices. …

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Natixis’ Ranjan Moulik on how Veja Mate scored a German hat-trick

Ranjan Moulik, Natixis’ Global Head of Power, teams up with Green Giraffe’s Matthew Taylor in a case-study for PFI‘s EMEA issue. Writing on the financial close of 400MW Veja Mate Offshore Wind Farm, which represented the third German offshore wind farm to achieve financial close since the introduction of the Eeg Law and also the second large scale debt …

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SFS writes for Infrastructure Investor about the future of offshore wind

Following the G7 agreement to phase out fossil fuels by the end of the century, governments worldwide are beginning to commit themselves to generating more sustainable energy. This is welcome news for the offshore wind sector, a burgeoning industry, which stands to play a leading role in reducing the world’s carbon footprint, says Roland Chalons-Browne, …

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Securitising sunshine: Environmental Finance talks to S&P about the future of solar asset-backed securities

Following Standard & Poor’s (S&P) key role in helping to bring some of the first solar power asset-backed security (ABS) transactions to the market, Environmental Finance interviewed Trevor D’Olier-Lees, Director US Utilities & Infrastructure at S&P, about the future of the sector. D’Olier-Lees stresses that the development of solar ABS relies heavily on approval from …

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