Project Finance

“You need a well-drafted Credit Agreement to govern the contractual relationships between the Project Company and the Lender.”

To close the infrastructure gap we should develop bankable and investment-ready project pipelines.

Mostly the bankability of an Infrastructure project is determined at the project development stage.

The collateral for Project Finance is not the credibility of the Sponsors, but the cash-flow generated by the project.

Experienced Lenders know that successful infrastructure projects reach appropriate project structure via well-prepared documentation which also increases project’s bankability.

Project finance documentation is expensive, complex and time consuming.

Project finance documentation should be detailed and comprehensive enough to cover risks and scenarios that parties could face.

Economic, technical, political and legal challenges are the common issues in Project Finance transactions.

Long-term tenor structure increases the impacts of the risks. These risks mostly cause disputes.

One of the key features of the Project Finance disputes is being in the form of multi-party disputes.