Project Finance Concepts Applications

Project finance is emerging as the most effective alternative to conventional corporate financing, and is being used in a wide variety of projects, especially infrastructure projects. New financing structures, access to private equity and innovative credit enhancements make project finance the preferred alternative in large-scale projects. These markets will contain opportunities to appraise and finance larger and different kinds of projects. Large infrastructure projects ƒ?? customarily implemented by the government ƒ?? being now implemented with private participation, reflect the new trend. All these projects use some form of project finance, [also termed “Contractual Finance”]. This book views the concepts and issues in project financing from the standpoint of practitioners. It also provides glimpses into applications of project finance concepts in a few countries.