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    Infrastructure & Utilities

    The development of infrastructure in cities and regions across the world is critical to economic growth and social well-being. As such, securing the funding needed to support the global infrastructure sector—currently in the tens of trillions of dollars—is a key issue for governments and policymakers.

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    Explore Project Finance
    Explore Project Finance

    Climate Transition Trends: Data Centers Are Scaling Faster Than Their Reported Sustainability Efforts

    The sustainability trajectory of data centers is relevant outside the technology sector because these facilities are becoming part of the foundational infrastructure for modern economies. AI, cloud computing, streaming, decentralized finance, and digital business services increasingly rely on a rapidly expanding physical network of servers, cooling systems, and electricity infrastructure.

    At the same time, some stakeholders’ (such as local governments and communities) scrutiny of these assets' environmental performance is intensifying. The result is a sector at the center of one of the defining tensions of the energy transition: how to support rapid growth in digital activity while reducing emissions and resource consumption. Understanding where data centers companies stand today provides insight into how prepared they may be for a transition toward a low-carbon, climate-resilient future.

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    Learn about our Ratings Criteria & Models

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    Issuer Ranking: EMEA Utilities Issuers Ranked Strongest To Weakest

    This article presents the EMEA utility companies that S&P Global Ratings rates ranked from strongest to weakest. We separate them into:

    • Regulated networks; and
    • Other utilities (integrated and unregulated operations).

    We rank companies by the rating (issuer credit rating or most senior structurally enhanced debt rating), outlook or CreditWatch, stand-alone credit profile, business risk profile, and financial risk profile. Companies are then listed in alphabetical order, if not differentiated by these factors.

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    Digital Infrastructure

    Explore our coverage and criteria to understand the credit implications of the data center boom.
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    Please fill out the form so we can connect you to the right person.

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