Economic development needs will constrain the government’s ability to extend sufficient financial support Indian private sector has to drive the carbon transition efforts as the country’s significant economic development needs will constrain the government’s ability to extend sufficient financial support, said Moody’s Investors Service. According to Moody’s, many large corporations have launched a wide range […]
Water stress poses credit risks for coal, mining and power sectors: Moody’s – EQ Mag Pro
Of 25 economies in the region, it identified 10 that have highly negative or very highly negative exposure to water management risks — including India, Pakistan, Bangladesh and China. Singapore : Water management is among the top environmental risks for countries and sectors in Asia, according to Moody’s Investors Service. Of 25 economies in the […]
Moody’s Maintains Negative Outlook on Adani Transmission
According to Moody’s global rating scale, obligations rated Baa are subject to moderate credit risk. They are considered medium-grade and as such may possess speculative characteristics. New Delhi: Moody’s Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured bonds of Adani Transmission Ltd (ATL). According to Moody’s […]
Moody’s, Fitch Assign Stable Outlook to JSW Hydro’s Proposed Senior Notes
JSWH owns and operates two run-of-river hydropower projects — the 300-megawatt Baspa II plant and the 1,000 MW Karcham Wangtoo plant in Himachal Pradesh. Singapore: Moody’s Investors Service has assigned a provisional Ba1 rating to the proposed 10-year USD senior secured notes to be issued by JSW Hydro Energy Ltd. It said the outlook is […]
Moody’s upgrades power sector outlook to stable on generation uptick
For the first 10 months of the fiscal 2021, power generation growth declined 2.9 per cent year-on, compared to earlier expectations of a minimum 4-5 per cent decline Mumbai: Rating agency Moody’s on Monday upgraded the outlook on the power sector to stable from negative, citing the fifth consecutive month of generation growth in January. […]
AIIB debut in GBP market unlocks new financing for sustainable development
AIIB’s GBP 800 million five-year sustainable development bond is its fourth syndicated capital markets benchmark transaction in 2020, following successful 5-year and 3-year USD-denominated benchmarks and a debut Panda bond earlier in the year. This inaugural transaction in the GBP market attracted over GBP 2 billion in orders from over 74 investors across the globe. In its debut in […]
Moody’s sees German power price at 40-50 €/MWh, French at 45-44 € to 2023
The forecasts, in a report on Wednesday, were both unchanged from last year’s estimates and compared with current prices of 39.9 euros and 45.5 euros respectively for annual wholesale contracts in both countries FRANKFURT: Moody’s Investor Services estimated German year-ahead power prices would fall within a range of 40 to 50 euros ($46.9 to$58.7) a […]
Moody’s outlook negative for Indian power sector
Maintaining liquidity buffers will be key for companies’ credit profiles. New Delhi: Moody’s Investors Service has changed its outlook for the Indian power sector to negative from stable on declining power demand, payment delays and an adverse impact from government measures that favor consumers over utility companies. The report dated May 15, however, is silent […]
Moody’s reviews India’s negative rating, upgrade unlikely in near term
“The negative outlook reflects increasing risks that economic growth will remain significantly lower than in the past,” it said in research as part of its regular update. Hong Kong: Moody’s Investors Service said on Friday that an upgrade of its India’s rating at Baa2 negative is unlikely in the near term due to economic shock […]
Moody’s upgrades Azure Power Energy to Ba2 and Azure Power Solar to Ba1
Singapore: Moody’s Investors Service has upgraded to Ba2 from Ba3 the senior unsecured ratings assigned to the USD notes issued by Azure Power Energy Ltd. At the same time, Moody’s has upgraded to Ba1 from Ba2 the ratings of senior unsecured USD notes issued by Azure Power Solar Energy Private Limited (Azure Power Solar) and […]