Standard & Poors (S&P) has published takeaways from their recent articles on the impact of Coronavirus on various industries and sectors, including PPPs.
According to the article published on March 9, 2020 "Infrastructure Projects Dependent On Discretionary Spending Could Face Negative Cash Flows Amid COVID-19 Outbreak," by Trevor J D'Olier-Lees: "At this time, we anticipate that the PPP volume-based road and operational availability projects (roads, hospitals, etc.), together with the contracted power and midstream projects we rate, will not be materially affected under this new COVID-19 scenario."
According to Joest F Bunse, CFA in the article "U.K. Hospital PFI Projects Expected To Be Resilient Against Spread Of Coronavirus," January 30, 2020: "We publicly rate the debt issued by 19 projects party to long-term arrangements with the NHS to construct, maintain, and finance hospitals. Almost all of these private finance initiative (PFI) funded hospitals have A&E departments. Despite the potential increase in footfall and the number of patients in isolation, we do not currently expect the consequences for these projects to include an impact on creditworthiness."
Hunt Companies, Inc., together with Amber Infrastructure (Amber), have acquired a majority interest in City Light & Power (CLP). CLP is an electrical contractor and owner of utility systems...
Read moreOfficials from Virginia Commonwealth University Health System, The Doorways and Ronald McDonald House Charities (RMHC) of Richmond have released details on a proposed complex in the Navy Hill project...
Read moreThe state of Hawaii in the USA has introduced House Bill 1950 for an underwater tunnel project which will connect West Oahu and Downtown Honolulu. The bill will require the Hawaii Department...
Read moreSouth Orange County Community College District in California, USA has launched two requests for qualification and proposal seeking the technical consultant for the Saddleback College 1st Building...
Read moreU.S. Department of Transportation (USDOT) has issued a request for information (RFI) seeking a technical consultant to obtain input into the most effective, transparent and expedient ways to structure...
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