Introduction to project finance

Cover -- Introduction to Project Finance -- Contents -- Preface -- 1 Overview of project finance -- Introduction to project finance -- Uses for project finance -- Why use project financing -- Non-recourse/limited recourse -- Advantages of project finance -- Disadvantages of project finance -- Common misconceptions about project finance -- Description of a typical project finance transaction -- Project phases -- Parties to a project financing -- Project company -- Sponsor -- Borrower -- Financial adviser -- The lenders -- Technical adviser -- Lawyers -- Equity investors -- Construction company -- Regulatory agencies -- Export credit agencies -- United States Export-Import Bank -- Ministry of Economy Trade and Industry (Japan) -- Export-Import Bank of Japan -- Export Credits Guarantee Department -- Compagnie Française d'Assurances Commerciale Exterieure -- Export Development Corporation of Canada -- Other OCED government insurance entities -- Commercial insurance -- Multilateral agencies/development banks -- European Bank for Reconstruction and Development (EBRD) -- World Bank -- International Finance Corporation -- Multilateral Investment Guarantee Agency -- Regional development banks -- Host governments -- Construction contractors -- Suppliers -- Purchasers -- Leasing companies -- Insurers -- Financing sources used in project financing -- Equity -- Developmental loan -- Subordinated loans -- Senior debt -- Unsecured loans -- Secured loans -- Syndicated loans -- World Bank group financing sources -- Export credit agencies -- Bonds -- Advantages of bonds -- Disadvantages of bonds -- Investment funds -- Institutional lenders -- Leasing companies -- Vendor financing of equipment -- Contractors -- Sponsors -- Supplier financing -- Host government -- 2 Understanding key project risks -- Entity risks -- Sponsor -- Construction lender -- Permanent lender.