Enpal's golden day

There was only one place to start this week's episode of Another Fine Mezz after Enpal's stunning debut solar ABS, the first of its kind in Europe.

European ABS reporter, George Smith, explained why the deal from Germany's largest renewable energy provider had such strong demand, although both he and host, Tom Lemmon questioned whether the deal would see a host of others following in the its footsteps. 

Golden Ray 1 has clearly shown that things like solar ABS can be sold in the European securitization market, but it has also revealed just how difficult it can be to reach the required scale. 

Away from Enpal, there is the small matter of the US presidential election. Recording took place before Donald Trump's historic victory but with the dust still settling, signs of life in the pipeline are not yet apparent.