Tag: S&P

S&P Global Ratings writes for the GGKP Insights Blog on the many types of green financing (not just bonds)

There are three key green financing trends to consider in 2018, writes Michael Wilkins, Head of Sustainable Finance, S&P Global Ratings, for the UN’s Green Growth Knowledge Platform’s (GGKP) Insights Blog. These are: an expanding sovereign green bond market; diversification of the green finance market (through new financing tools, not just green bonds); and a …

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S&P Global Ratings’ Jessica Williams discusses how both private and sovereign financing will help countries reach their Paris Climate Pledges in Energy World

Last year’s COP23 event focused on the need to accelerate climate change mitigation and adaptation efforts, and increase infrastructure resilience. But where will the money come from? Writing for the Energy Institute’s publication Energy World, S&P Global Ratings Analyst, Jessica Williams, discusses how enabling private sector finance will likely be critical for decarbonisation ambitions to …

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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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Mexico City Airport Trust’s score of E1/77 under S&P Global Ratings’ Green Evaluation covered by the specialist press

The tranches of senior secured bonds Mexico City Airport Trust intends to issue through to 2020 received S&P Global Ratings’ Green Evaluation score of E1/77. E1 is the highest score on the scale (E4 is the lowest). S&P Global Ratings expects the debt to gradually increase, reaching up to US$6 billion over the next two to …

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S&P Global Ratings publishes its Q2 2017 Infrastructure Outlook newsletter

S&P Global Ratings has published its latest edition of IFR Outlook – reviewing the developments from the global infrastructure sectors in the second quarter. The edition’s lead feature analyses the consequences of President Trump’s decision to withdraw the U.S. from the Paris Agreement on climate change. S&P’s Director, U.S. Energy Infrastructure, Michael Ferguson, argues that …

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Brookfield White Pine Hydro senior secured project financing notes receive a score of E1/90, covered by the specialist press

Brookfield White Pine Hydro’s $475 million senior secured notes received a score of E1/90 on S&P Global Ratings’ new Green Evaluation scale. The notes, issued by Brookfield White Pine Hydro LLC (BWPH), are being used mostly (74%) to refinance existing indebtedness for BWPH’s portfolio – which comprises 68 generating units across 21 hydroelectric facilities primarily …

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S&P’s Julyana Yokota considers potential improvements to Colombia’s 4G toll road program in P3 Bulletin

Improving Colombia’s road network is critical for its economic growth. According to the World Economic Forum, the country’s toll roads rank in the bottom 20 countries surveyed in the world in terms of quality. To address this issue, in 2013 the Colombian government embarked on a highly ambitious series of road projects, known as the …

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S&P Global Ratings’ report discusses the boom in offshore wind projects as technology improves and costs fall – covered by specialist press

In Europe, investment in the offshore wind industry has grown at an annual average rate of 30% in the past five years. Elsewhere – such as in the Americas and China – the industry is striving to follow Europe’s lead. But first these regions must overcome a raft of barriers, namely technological concerns, regulatory issues, and …

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S&P Global Ratings’ José Coballasi tells Revista Fortuna that Mexico’s infrastructure sector can succeed with or without NAFTA

In an article for Mexican publication Revista Fortuna, S&P Director José Coballasi, explains that regardless of Trump’s stance on the North American Free Trade Agreement (NAFTA), Mexico’s infrastructure sector is strong enough to weather slower levels of economic growth should the US alter the Agreement. This is due to the sector’s overall high ratings and …

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S&P Global Ratings unveils a major new overview of the state of US infrastructure

S&P Global Ratings has released a major new report, “Developing US Infrastructure In An Era Of Emerging Challenges: Observations From Key Sectors”. The paper assesses the condition of selected American infrastructure sectors, outlines the specific challenges faced in each, and offers an overview of the methods available to finance them.