Chapter 48
Project and Asset Finance
Outline
Project and Asset Finance and Economics
Valuation, Project Loans and Recourse
Project Development and Phased Lending
Introduction
Few things capture the imagination as do great projects and machines – the Channel Tunnel, deep-sea energy projects, supertankers, jumbo jets, high-speed trains, and more. This is also the world of mobilizing financial resources globally to execute large projects and create large-scale assets where the scale of financing captures the imagination along with the assets ...
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