To date most private sector water projects have been financed on a limited recourse basis, that is, with project cash flows and assets as the main security for lenders. The move from project to corporate...
The East Asian financial crisis - fallout for private power projects, by R. David Gray and John Schuster. Contingent liabilities for infrastructure projects - implementing a risk management framework for...
A project finance structure allows water projects with attractive cash flows and risk profiles to secure long-term private capital. But even in industrial countries the credit strength of off-taking municipal...
The study highlights the variety of risks that occur in the provision of water and sanitation services and describes in considerable detail the mechanisms used to allocate and mitigate those risks. Where...