The pure global demand for data and data services are driving the growth in construction in this exciting sector. With credit risk appetite from banks not able to meet this demand, asset backed securitisation will come to play. ARC Ratings are well positioned to assist as an important player in this eco system by rating these transactions. Watch this space for more in this sector.
Data centres as an emerging asset class seems to have received a significant boost to business confidence for investors, in an industry which already generates £4.6 billion in revenues a year. Yesterday’s announcement by the UK government that data centres will be given Critical National Infrastructure designation coincided with Technology Secretary, Peter Kyle, welcoming a proposed £3.75 billion investment in Europe’s largest data centre in Hertfordshire, which will directly create over 700 local jobs and support 13,740 data and tech jobs across the country. As ever, to facilitate this growth via investment it is vitally important that the risk is accurately assessed and understood and at ARC Ratings we have specific rating methodologies to assess corporate issuers in the real estate investment sector, criteria to assess the credit risk of non-financial corporate entities, in addition to ARC’s Project Finance criteria, which defines the framework to assess the credit risk during the full cycle of a project finance transaction. To stay up to date with all announcements, follow our LinkedIn page and visit our website to access our full suite of SF, Corporate and FI rating criteria - www.arcratings.com Read the full article at https://lnkd.in/gvC8hGfd #datacenter #CRE #realestate #corporate #infrastructure #creditrisk #ratings #arcratings #creditratings