“Investors are focused on the impact of any potential clean energy standards that are part of an infrastructure, budget or other bill, especially if the 80% clean by 2030 language…
“Analysts at CreditSights put fair value [for Agile’s sustainable bond] at 5.4%, including about 10bp of premium for the market backdrop.”
Connecticut has long been a study in contrasts. While research firm CreditSights pegged its per-capita personal income at 134% of the nation’s in 2020, its cities have long struggled.
Once all four facilities begin commercial service, they will generate roughly $50 million of EBITDA combined and produce about 4 Bcf per year of RNG, analysts at CreditSights told clients July 16….
“Overall it is very positive for utilities,”said Andy DeVries, a utility analyst for CreditSights Inc. “If the federal government mandates it, that essentially forces state regulators to approve these record capital…
Restrained capital spending combined with the healing powers of higher oil and natural gas prices will help return several “fallen angels” in the upstream and midstream sectors to investment-grade ratings…
“We have placed a market outperform rating on Met Pier bonds, and we reiterate our market outperform rating on the state of Illinois GOs,” John Ceffalio, senior municipal research analyst…
Neill Keaney, analyst at CreditSights, said bondholders’ concern was twofold. “(It’s) the combination of the leverage that’s implied by the revised bid from Fortress… and… effectively unlimited debt that can…
“I think that the Moody’s upgrade will help the state GO and other related credits get better pricing when they next sell bonds,” said John Ceffalio, senior municipal research analyst…
Investor sentiment appears to be negative on the sector, possibly due to concerns over a potential spillover from Evergrande, given that bond prices of other risky Chinese developers…were also found…