Coverage Universe

Sectors

Egan-Jones provides independent credit ratings across a broad range of asset classes and sectors, with deep analytical expertise in each.

Sector Coverage

Project Finance

Independent ratings for infrastructure, energy, and social project finance transactions.

Project finance transactions - where debt is repaid from the cash flows of a specific project rather than the general credit of a sponsor - require specialized analytical frameworks. Egan-Jones rates project finance transactions across transportation, energy, telecommunications, and social infrastructure, with particular expertise in renewable energy, toll roads, and public-private partnerships.

Sub-Sectors We Rate
Airports
Bridges
Public transportation projects
Solar energy projects
Telecommunication infrastructure
Toll roads
Waste to energy projects
Water infrastructure
Key Rating Considerations
1
Revenue stability and demand risk assessment
2
Construction and completion risk evaluation
3
Operating cost predictability and contractual protections
4
Debt service coverage ratios under stress scenarios
5
Regulatory and political risk in the project jurisdiction
6
Sponsor support, equity cushion, and track record
Coverage Statistics
50/50
Top U.S. Life Insurers
Global
Coverage
3200+
Deals Rated in 2025
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