June 2002
Beginner
344 pages
11h 7m
English
Content preview from Principles of Project Finance
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• Preserve the natural and urban environment, notably by drawing on re-
newable energy
• Secure the energy supply base by more rational use, harnessing of indige-
nous resources, and import diversification
These definitions are sufficiently wide to cover a large sector of the
European project finance market, and EIB is a major lender in this sector.
Loans are provided for up to 50% of the project costs, for periods of up to 12
years for industrial projects, and 20 years for infrastructure projects. Repay-
ment schedules are flexible. 31 billion of loans were provided in 2001 (not
just for project finance of course).
EIB does usually not take completion risk on projects (but see the Struc-
tured Finance Facility described below). EIB will only take operating ...
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