Greenko Energy Holdings’ stabilising operating performance with greater resource diversity and manageable execution risk for pumped storage projects will strengthen its business position, S&P said Global rating agency Standard and Poor’s (S&P) has upgraded its long-term issuer credit rating on India-based Greenko Energy Holdings from “B+” to “BB-” on improving business position. The outlook is […]
Tesla Tumbles Most in S&P as Quarterly Deliveries Disappoint – EQMagPro
Tesla Inc.’s shares dropped the most in four months after the carmaker blamed a disappointing deliveries report on shipment issues that increased the number of vehicles on their way to customers as the quarter ended. The maker of Model 3 sedans and Model Y crossovers handed over 343,830 vehicles to customers in the last three […]
Debt-Funded Acquisitions Can Put Pressure On Adani Group Ratings: S&P – EQ Mag Pro
Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. Richest Indian Gautam Adani’s group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. […]
SP Plus Corporation Expands Its Electric Vehicle Charging Program
CHICAGO : SP Plus Corporation (SP+), (Nasdaq: SP), North America’s leading provider of parking, transportation and mobility-related services, today announced the selection of ChargePoint as its preferred provider for expanding its electric vehicle (EV) charging program. SP+ selected ChargePoint, the world’s largest manufacturer of EV charging stations with a full range of smart solutions, to […]
