Advanced Project Financing: Structuring Risks 2nd edition, provides a risk system which can be applied to any project in any industry sector, indeed the financing of any venture.
Project Finance is an attractive financing alternative enabling project sponsors to shed risks to the banks or capital debt markets. To the owner or parent entity, the non-recourse aspect is prized since it allows that company or group to go on to develop other projects – to become a serial developer. A knowledge of the risks and structures of Project Finance to handle risk are paramount in achieving the best deal for both sides.The reader is invited to explore the risks in no particular order; but to first examine the cashflow mechanisms and general structures that are available; perhaps then to investigate due diligence and finessing sector protocols.