Project Finance: A Global Guide From Practical Law

Covers how large infrastructure projects are financed in over 35 jurisdictions. Large infrastructure projects often require enormous sums of money and involvement from the government, as well as investment from overseas. This guide deals with how such projects are financed and how this financing is structured between the parties, the sorts of risks that a jurisdiction may have (for example, corruption, political instability) as well as how these risks can be mitigated through insurance. Areas covered include market overview, regulatory framework and regulatory considerations; methods for structuring the financing; corporate vehicles; forms of security; contractual protections; insurance arrangements; typical risks; use of PPPs or PFIs; social, ethical and environmental issues; ownership rights to natural resources and minerals; foreign investment; choice of law and jurisdiction; and recent developments and reform.

• Each chapter has the same reader friendly Q&A structure covering core areas of law as it is applied in each jurisdiction allowing easy cross-jurisdictional analysis
• Includes contributions from leading practitioners who are experts in the field of project finance:
• Point of reference for global practitioners, legal advisors and corporate counsel
• In-depth analysis of the regulatory and structuring issues and solutions often encountered in project finance transactions
• Assists in the understanding of the diversity of risks associated with project finance transactions and the consequential managing of those risks
• Deals with the financing of projects/infrastructure (public highways, schools, hospitals, prisons, waste treatment facilities, and energy sources (mines, oil pipelines, gas plants and so on))
• Covers recent developments and reform.
• Includes how certain risks can be mitigated through insurance
• Deals with certain aspects that are reserved by the state in relation to large projects (for example, projects may be subject to specific government authorisations, have direct state involvement (through the use of Public Private Partnerships PPPs)) or certain "rewards" from a project, such as precious minerals and natural resources may be subject to direct state ownership.
• Areas covered include market overview, regulatory framework and regulatory considerations; methods for structuring the financing; corporate vehicles; forms of security; contractual protections; insurance arrangements; typical risks; use of PPPs or PFIs; social, ethical and environmental issues; ownership rights to natural resources and minerals; foreign investment; choice of law and jurisdiction