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S&P Global Ratings Upgrades IREDA’s Long-Term International Credit Rating to ‘BBB’ with Stable Outlook – EQ

Indian Renewable Energy Development Agency Ltd. (IREDA) today received an upgrade in its longterm issuer credit rating from S&P Global Ratings, moving to ‘BBB’ from ‘BBB–’, with Stable Outlook. The short-term rating has also been revised to ‘A-2’ from ‘A-3’ This upgrade brings IREDA’s international credit rating in line with India’s sovereign credit rating, underscoring […]

IEA strengthens cooperation with CDRI on energy resilience – EQ

India ripe target for EV companies but domestic take up slow: Report – EQ Mag

India is a ripe target for electric vehicle firms as the third-largest auto market in the world, said a report by S&P Global Ratings New Delhi : India is a ripe target for electric vehicle firms as the third-largest auto market in the world but due to slow domestic take-up, no Indian company is likely […]

NIIF Weighs Stake Sale in IntelliSmart as Smart Metering Market Expands – EQ

Green Transaction Evaluation Score For CIFI’s US$500 Million Green Bond

S&P Global Ratings has assigned CIFI Holdings (Group) Co. Ltd. (CIFI)’s US$500 million green bond a Green Transaction Evaluation score of E1/86. This is the highest score available under the E1-E4 scale. CIFI primarily engages in property development and investment, requiring all properties to meet at least the national one-star green building standard. This is […]

A global solar transition could leave Africa in the shade -EQ