Project Finance - Revision history

Ranisha at 11:22, 30 August 2016

2016-08-30T11:22:40Z

Ranisha at 15:46, 29 August 2016

2016-08-29T15:46:16Z

Ranisha at 15:05, 29 August 2016

2016-08-29T15:05:23Z

Fungai Cecilia Sandamu at 14:54, 28 August 2013

2013-08-28T14:54:19Z

Fungai Cecilia Sandamu: Created page with " ► Back to Financing & Funding Portal = Overview = Project Finance is debt that is borrowed for a specific project. The amount of debt mad..."

2013-08-28T13:47:20Z

Created page with " ► Back to Financing & Funding Portal = Overview = Project Finance is debt that is borrowed for a specific project. The amount of debt mad..."

New page

[[Portal:Financing_and_Funding|► Back to Financing & Funding Portal]]

= Overview =

Project Finance is debt that is borrowed for a specific project. The amount of debt made available is linked to the revenue that the project will generate over a period of time, as this is the means of paying back the debt. This amount is usually adjusted to refelct inherent risks such as the production and sale of power. Should there be a problem with repaying the loan, the banks will establish firts 'charge' or claim over the assets of a business. The first tranche of debt to be repaid from a project is called 'senior debt' and is described in detail below.<ref name="Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009.">Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009. </ref>

Usually, project preparation for on-grid RE projects is carried out by large energy companies or specialised project-development companies. Energy companies finance the project preparation phase from operational budgets. On the other hand, specialised companies finance this phase through private finance, capital markets or with risk capital from venture capitalists, private equity funds, or strategic investors.

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= Further Information =

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= References =

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[[Category:Financing_and_Funding]]

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	[[Portal:Financing and Funding\|► Back to Financing & Funding Portal]]		[[Portal:Financing and Funding\|► Back to Financing & Funding Portal]]

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 = Overview =
-Project Finance is debt that is borrowed for a specific project. The amount of debt made available is linked to the revenue that the project will generate over a period of time, as this is the means of paying back the debt. This amount is usually adjusted to refelct inherent risks such as the production and sale of power. Should there be a problem with repaying the loan, the banks will establish firts 'charge' or claim over the assets of a business. The first tranche of debt to be repaid from a project is called 'senior debt' and is described in detail below.<ref name="Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009.">Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009. </ref>
+Project Finance is debt that is borrowed for a specific project. The amount of debt made available is linked to the revenue that the project will generate over a period of time, as this is the means of paying back the debt. This amount is usually adjusted to refelct inherent risks such as the production and sale of power. Should there be a problem with repaying the loan, the banks will establish first 'charge' or claim over the assets of a business. The first tranche of debt to be repaid from a project is called '[[Debt_Finance#Senior_Debt|senior debt]]'.<ref name="Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009.">Justice, S., Hamilton, K., Sonntag-O’Brien, V., UNEP Sustainable Energy Finance Initiative., Liebreich, M., Greenwood, C., & Bloomberg New Energy Finance. Private Financing of Renewable Energy - A Guide for Policymakers. 2009. </ref>
 Usually, project preparation for on-grid RE projects is carried out by large energy companies or specialised project-development companies. Energy companies finance the project preparation phase from operational budgets. On the other hand, specialised companies finance this phase through private finance, capital markets or with risk capital from venture capitalists, private equity funds, or strategic investors.
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 = Further Information =
-*[[Financial_Instruments_&_Support_for_Renewable_Energy|Financial Instruments & Support for Renewable Energy]]<br/>
+*[[Financial Instruments & Support for Renewable Energy|Financial Instruments & Support for Renewable Energy]]<br/>
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-[[Portal:Financing_and_Funding|► Back to Financing & Funding Portal]]
+[[Portal:Financing and Funding|► Back to Financing & Funding Portal]]
 = Overview =
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 = Further Information =
-*<br/>
+*[[Financial_Instruments_&_Support_for_Renewable_Energy|Financial Instruments & Support for Renewable Energy]]<br/>
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