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WebJan 1, 2004 · A year ago, Standard & Poor’s was the first to highlight the severity of the debt refinancing problem faced by energy merchants. 2 A study group of 30 companies, many with investment grade ratings and access to the capital markets, faced over $40 billion in maturities coming due in 2003. For the 12 energy merchants listed in Table 1, much of the … Web1. Peter N. Rigby 1. A director of infrastructure finance at Standard & Poor's in New York. Two years ago, Standard & Poor's published its first criteria for rating proposed project financing of merchant power plants (MPP). To further facilitate the development and project financing of MPPs, the agency recently has revised those criteria. Because the forces … cooking pork ribs on a traeger grill
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