Tag: S&P Global Ratings

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 …

Continue reading

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 …

Continue reading

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, …

Continue reading

Bazalgette Finance Plc S&P Global Ratings’ Green Evaluation covered by the specialist press

Bazalgette Finance has issued £175 million of index-linked green bonds to fund its Thames Tideway Tunnel (TTT) in London. S&P The financing has received an S&P Global Ratings’ Green Evaluation score of E1/95. Noemie de la Gorce, analyst in S&P Global Ratings’ sustainable finance team said that the S&P Global Ratings’ high green evaluation score …

Continue reading

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 …

Continue reading

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 …

Continue reading

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 …

Continue reading

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.

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.

S&P Global Ratings’ Michael Wilkins interviewed by Bizz Energy on environment and climate risk in credit ratings

“Are companies worrying about climate change?” Bizz Energy asks Michael Wilkins, Head of Sustainable Finance at S&P Global Ratings. While acknowledging that it is difficult to draw concrete conclusions at this stage, Michael spoke of a recent trend in global corporate ratings that could indicate that corporates are beginning to manage some forms of E&C …

Continue reading