Project financing is the long-term financing of infrastructure and industry projects based on projected projected cash flows from the project, not the sponsors` balance sheet. Typically, a project financing structure includes a number of equity investors known as “sponsors” and a “union” of banks or other credit institutions that provide loans for the transaction. In most cases, these are non-refundable loans, secured by project assets and fully paid from project cash flows and not from the general assets or solvency of the proponents, a decision that is supported in part by financial modelling;  see project funding model. Funding is generally provided by all project resources, including revenue-generating contracts. Project proponents have a pledge right for all these assets and can take control of a project if the project company has difficulty meeting the loan terms. Where the financing of the project involves a mezzanine financing element, the Intercreditor Agreement establishes subordination conditions and other principles to be applied between priority debtors and mezzanine bond providers. Learn more about interconnection agreements in project funding documents. A key element of project funding is the distribution of risk among participants, which allows proponents to carry out larger and riskier projects than they would otherwise be able to. We use project documents to attribute this risk. Concession documents are available in most projects involving a government or sovereign authority, such as infrastructure projects.
B, and are still executed by a national, regional or local government. Learn more about concession documents in project financing documents. Construction company: The contractor is one of the main partners of the project during the construction phase of the project. Typically, a construction contractor`s tasks are based on one of two models: the types of projects for which project financing is often used include: we also have enormous experience in producing project documents, as our project team has much more experience in project financing than any other interested party under the agreement. If something has been documented in project funding, we have probably seen, understood and understood its impact on the project. An agreement between the project company and a public body (the adjudicator power) is called a concession agreement. The concession agreement grants the project company the use of public assets (for example. B of a land or a crossing of the river) for a specified period of time.