Municipal bond insurance can assist resource recovery projects
- Financial Guaranty Insurance Co., New York, NY (United States)
As landfill capacity around the country shrinks, the need for resource recovery plants grows. This trend will only increase in years to come. In many regions, the disposal crisis will make the solid waste sector an increasingly important area of the municipal bond industry. This is true despite federal tax reform, which has placed more restrictions on the issuance of tax-exempt debt over the past five years. Often, bond insurance can help issuers of resource recovery bonds. Insurance broadens their appeal to investors while reducing interest costs to the issuer. In this article, the author discusses the elements that a municipal bond insurer evaluates. As with all insurance, resource recovery plant insurance depends on the amount of risk, the type of risk, and how the risk is structured.
- OSTI ID:
- 5627208
- Journal Information:
- Solid Waste and Power; (United States), Vol. 3:6
- Country of Publication:
- United States
- Language:
- English
Similar Records
Tax reform's impact
Fluidized bed cogeneration at a resource recovery facility
Related Subjects
POLICY AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
RESOURCE RECOVERY FACILITIES
FINANCING
FINANCIAL SECURITY
INSURANCE
INTEREST RATE
INVESTMENT
RISK ASSESSMENT
ENERGY FACILITIES
INDUSTRIAL PLANTS
WASTE PROCESSING PLANTS
290201* - Energy Planning & Policy- Economics- (1992-)
320604 - Energy Conservation
Consumption
& Utilization- Municipalities & Community Systems- Municipal Waste Management- (1980-)