Foreword
This is a very timely revision to a book that has for five years served as a standard academic and professional reference on project finance. Project finance has emerged over the past four decades as a vital tool for financing large-scale, high-risk domestic and international business ventures. Along with all other forms of syndicated bank lending, the total value of project finance (PF) lending fell sharply during and immediately after the global financial crisis of 2008–2009, from a record $220 billion in 2007 to a mere $138 billion in 2009, but total PF financing has recovered and, at $242 billion during the year ending in February 2011, now actually exceeds its 2007 peak level.1 Given its inherent flexibility and its effectiveness ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access