Key Issues To Consider In Project Finance Transactions
May 18, 2010, 12:13 PM EDT
Law360, New York (May 18, 2010, 12:13 PM EDT) -- Project finance is a complex financing structure used to finance the construction of capital intensive and long-term infrastructure projects such as pipelines, power plants and airports. Project finance typically involves multiple parties who are subject to a variety of risks and who have conflicting interests that must be protected and obligations that must be clearly defined.
It is the role of counsel to identify the specific risks associated with the project and determine the project participant best able to assume such risks. Failure to do so...