Tag: S&P Global Ratings

S&P Global Ratings’ Michael Ferguson explains the performance of the US green bond market in Renewable Energy World

2017 marks a year of outstanding growth in the global green bond market, but the US is trailing behind. Partisan gridlock over federal climate change policy has translated into uncertainty over investment conditions for renewable development and has slowed green bond uptake. Yet, significant decarbonisation activity at state level means that this uncertainty has not …

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S&P Global Ratings’ Michael Wilkins considers the “greenium” debate in Growth Company Investor

It is often claimed that investors purchasing green-labelled bonds pay an inflated price. Writing for Growth Company Investor, Michael Wilkins, managing director, Environmental & Climate Risk Research, S&P Global Ratings, wades in on the debate. Wilkins notes that the limited supply (and overwhelming demand) of green bonds has driven up their value compared to conventional …

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S&P Global Ratings publishes its latest Infrastructure Finance Outlook magazine

S&P Global Ratings has published its latest edition of Infrastructure Finance Outlook – reviewing the most pressing developments from the global infrastructure sectors in the third quarter. Infrastructure Finance Outlook provides global insights from S&P Global analysts on topics including: reviving North America’s water network; capital rules for EU infrastructure investments; the impact of Hurricane Harvey on …

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S&P Global Ratings’ first South American Green Evaluation scores E1/85, covered by the Spanish-speaking press.

S&P Global Ratings assigned its first Green Evaluation in South America to the municipal bonds issued by the Province of La Rioja, Argentina, totalling US$170 million. The green-labelled bonds will be used to partly finance the development of the onshore wind farm, Parque Arauco – which will see its current 50.4 megawatts (MW) capacity increased …

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S&P explains why “green finance is more than just green bonds” in Environmental Finance

In order for a bond to be included on the green bond indices, it must be labelled “green” by the issuer, at the point of issuance. However, not all bonds that contribute to climate change mitigation are labelled “green” and not all green financings are bonds. Nicole Martin, Managing Director, Green Evaluations, S&P Global Ratings, …

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The “Big Six” set to weather the storm: S&P writes for Energy Voice about the impact of future energy tariff caps

During her speech to the Conservative Party conference on October 4th, Prime Minister Theresa May announced plans to cap standard variable tariffs (SVT) to boost energy competition in the UK. Beatrice de Taisne, director for EMEA Utilities at S&P Global Ratings, explains that while the “Big Six” – Centrica (British Gas), SSE, EDF, Scottish Power, …

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S&P Global Ratings’ Luisina Berberian considers the promises and challenges of the offshore wind industry in specialist publication

Writing for Windpower Engineering and Development, Luisina Berberian, Associate Director, explains that enhanced technology is driving down the cost of offshore wind power. In the U.K, for example, where the offshore wind industry is relatively advanced, the cost of energy generation from offshore wind projects has fallen by 32% over the past five years. Elsewhere, …

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SRI Connect interviews Michael Wilkins on S&P Global Ratings’ sustainability engagements

Michael Wilkins, Managing Director, Environmental & Climate Risk Research, speaks to SRI Connect about the likely future trends in sustainable finance, including the rating agency’s sustainability engagement and increased focus ESG factors. “There is growing momentum in the fight against climate change on all levels and across the world”, he says, “demonstrated by China’s notable …

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S&P Global Ratings contributes to the FT Adviser’s Infrastructure Series

Mar Beltran, Senior Director, contributed to the FT Adviser’s special report entitled “How retail investors are getting into infrastructure”. The four-part series looks at how infrastructure stocks perform compared to other equity markets, the yield opportunities in infrastructure, the regions most likely to benefit from increased spending and whether investors should be positioned in domestic …

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Green is the Colour: Miroslav Petkov, S&P Global Ratings, quoted in World Finance

Miroslav Petkov, Head of Environmental and Climate Risk Research at S&P Global Ratings, talks to World Finance about the global development of the green bond market and how increasing standards in China saw issuance boom in 2016. The thorough, investigative article was included in the latest World Finance print edition.