International trade: Know your buyer

Journal Article · Fri Apr 01 04:00:00 EST 1994 · Fortnightly; (United States)

OSTI ID:7107070

Goodwin, L M ^[1]

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1. Reid Priest, Washington, DC (United States)

One of the most difficult problems U.S companies encounter when they seek to participate in the international independent power market is selling power to foreign utilities. In developing and financing independent power projects in the United States, the power purchaser's creditworthiness is rarely an issue, since U.S. purchasers traditionally have been seen as strong credit risks. Some foreign utilities are also strong enough to support project financings. However, other foreign utilities are far weaker credit risks, with the source of their weakness varying from country to country. Typically, utilities that have recently defaulted on their own international debt obligations are particularly difficult from a credit perspective.

• OSTI ID: 7107070
• Journal Information: Fortnightly; (United States), Journal Name: Fortnightly; (United States) Vol. 132:7; ISSN FRTNE8
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
AGREEMENTS
ELECTRIC POWER INDUSTRY
FINANCING
INDUSTRY
INTERNATIONAL AGREEMENTS