Project Finance
From Design Computation
Revision as of 19:38, 10 September 2018 by Abel Maciel (talk | contribs)
Contents
- 1 Introduction
- 2 Parties To A Project Financing
- 2.1 Parties and their roles
- 2.2 Project company/borrower
- 2.3 Sponsors/shareholders
- 2.4 Third-party equity
- 2.5 Banks
- 2.6 Facility agent
- 2.7 Technical bank
- 2.8 Insurance bank/account bank
- 2.9 Multilateral and export credit agencies
- 2.10 Construction company
- 2.11 Operator
- 2.12 Experts
- 2.13 Host government
- 2.14 Suppliers
- 2.15 Purchasers
- 2.16 Insurers
- 2.17 Other parties
- 2.18 Summary of key lenders’ concerns
- 3 Section 3 Project Financing Documentation
- 4 Section 4 Project Structures
- 5 Section 5 Sharing Of Risks
- 6 Section 6 Security For Projects
- 7 Section 7 Insurance Issues
- 8 Section 8 The Project Loan Agreement
- 9 Section 9 Export Credit Agencies And Multilateral Agencies
- 9.1 The role of export credit agencies in project finance
- 9.2 An introduction to the G7 ECAs
- 9.3 The advantages of involving ECAs in a project
- 9.4 The OECD consensus
- 9.5 Departing from consensus
- 9.6 Categories of ECA support in the context of a project financing
- 9.7 The changing role of the ECA in project finance
- 9.8 ECAs and credit documentation
Introduction
Origins of project financing
Definition of project finance
Extent of recourse
Why choose project finance?
Structuring the project vehicle
Key sponsor issues
Project implementation and management
Parties To A Project Financing
Parties and their roles
Project company/borrower
Third-party equity
Banks
Facility agent
Technical bank
Insurance bank/account bank
Multilateral and export credit agencies
Construction company
Operator
Experts
Host government
Suppliers
Purchasers
Insurers
Other parties
Summary of key lenders’ concerns
Section 3 Project Financing Documentation
Role of documentation
Loan and security documentation
Project documents
Force majeure
Lender requirements for project documents
Section 4 Project Structures
Approach to financing
Bonds
Leasing
North Sea model
Borrowing Base model
==“Build Operate Transfer” “BOT” model
Forward Purchase model
Section 5 Sharing Of Risks
Identification and allocation of risks
==Ground rules 35