Principles of Project Finance

This practical guide to project finance offers a systematic approach to this relatively new discipline. It demonstrates how a handful of principles underlie the details of long-term debt financing for major projects.

First sentence: Project finance is a method of raising long-term debt financing for major projects through "financial engineering," based on lending against the cash flow generated by the project alone; it depends on a detailed evaluation of a project's construction, operating and revenue risks, and their allocation between investors, lenders, and other parties through contractual and other arrangements.

Year

2002

Language

English

Publisher

Academic Press

Editions

7

Pages

344

ISBN

9780127708515

Data source: Wikidata