June 2002
Beginner
344 pages
11h 7m
English
Content preview from Principles of Project Finance
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concern of the Offtaker or Contracting Authority should be to ensure that a cred-
ible financing plan is in place that ensures the project is completed. It may be nec-
essary to control some aspects of the financing (e.g., increasing the debt burden,
which could jeopardize the viability of the financing) (cf. §6.9.1).
For a discussion of risks for the Offtaker or Contracting Authority under a Proj-
ect Agreement, cf. §8.8.8.
§6.5 COMPENSATION FOR ADDITIONAL COSTS
Apart from indexation (cf. §6.1.6), the Availability or Unitary Charge may also
be adjusted under the Project Agreement to compensate the Project Company for
additional costs in other limited circumstances, or a compensation payment may
be made in lieu of changing the Availability or Unitary Charge: ...
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