Breaking down barriers
This article is a review of the financing of international power projects. Within the past 15 months, a number of deals have been closed, teaching the industry several important lessons about financing projects in emerging markets. As a result, new models are being developed for financing projects, and it is estimated that 50 deals with a total dollar value of $20B could close in 1996. Two recent closures, in Indonesia and in India, are reviewed. The global outlook is discussed, especially from the financing side. More transparency in the markets, reform of regulations, increased local capital, government backing, and continued persistence by developers and their financiers is expected to make for a smoother future in project financing.
- OSTI ID:
- 381239
- Journal Information:
- Independent Energy, Vol. 26, Issue 2; Other Information: PBD: Mar 1996
- Country of Publication:
- United States
- Language:
- English
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