Introduction to Project Finance

Felix I. Lessambo ()

Chapter Chapter 1 in International Project Finance, 2022, pp 1-10 from Springer

Abstract: Abstract Over centuries, project financing has evolved into primarily a vehicle for assembling a consortium of investors, lenders, and other participants to undertake infrastructure projects that would be too large for individual investors to underwrite. Project financing involves non-recourse financing of the development and construction of a particular project in which the lender looks principally to the revenues expected to be generated by the project for the repayment of its loan and to the assets of the project as collateral for its loan rather than to the general credit of the project sponsor.

Date: 2022
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DOI: 10.1007/978-3-030-96390-3_1

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