Data center developers are seeking credit ratings even while facilities are under construction to unlock new capital; S&P, Moody's, and others expand coverage
Agencies are rushing to rate the debt of projects still under construction — Data centre developers are seeking credit ratings …
‘It turns out that the abundant free cash flow that Meta reports to investors is something of an optical illusion. Yes, it generated billions in cash last year but that was largely devoured by the all-too-real cash costs that come with paying stock-based compensation.’ www.wsj.c…