Developing Sustainable Energy Projects in Emerging Markets

Glossary of Terms

Arrangement Fee	A fee paid to a mandated bank or group of banks (lead arrangers) for arranging a transaction. It includes fees to be paid to participating banks.
Availability Factor	A measure of how much a power plant is available to produce power, usually expressed as the ratio (a percentage) of a power plant’s available hours to the total number of hours in such a period.
Bankable	Capable of being financed.
Balance of Plant (BoP)	Includes all the components of an energy generating resource except the actual generating assets themselves e.g., turbines or solar PV panels; includes transmission assets.
Base Load Plant	A power plant that runs all the time, as opposed to a plant that is used only in times of peak ...