The Private-Sector Investor’s Perspective
Having thus considered how the Public Authority goes through the process of developing and signing up to a PPP Contract, this chapter considers the parallel process on the part of the private-sector investors, i.e.:
§7.2 The investment pool
§7.2.1 Sponsors and other primary investors
In order to obtain debt financing for the Project Company, its investors have to offer priority payment to the lenders, ...