Tag: S&P

S&P gives Carbon Cycle North Carolina’s proposed $110M bond BBB rating

S&P gives Carbon Cycle North Carolina’s proposed $110M bond BBB rating

March 5, 2026 |

In Canada, Carbon Cycle North Carolina LLC (C2NC), an anaerobic digestion facility that converts organic waste into biomethane, is proposing to issue $110 million 15-year fully amortized solid waste disposal revenue bonds to refinance its existing bridge loan and to pay for additional operating expenses. S&P Global Ratings assigned its ‘BBB’ preliminary rating to C2NC’s proposed […]

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S&P delves into the Cellulosic Waiver Credit anomaly

S&P delves into the Cellulosic Waiver Credit anomaly

December 3, 2023 |

In Texas, the team at S&P posted an interesting analysis on the Cellulosic Waiver Credit and D3 RINs, noting that “Due to an anomaly in the Renewable Fuel Standard, CWCs may be purchased for the 2022 compliance year, but not for 2023” and that “unless the EPA attempts to reduce the 2023 cellulosic biofuel RVOs […]

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