Project finance is a non-recourse loan structure used to fund infrastructure projects. Project finance keeps the debt off the project sponsor’s balance sheet – if the project defaults, the lenders take over ownership of the project asset and have no recourse to the original project sponsor. This enables developers to borrow money for major projects without the risk of corporate bankruptcy should the project fail. The structure is widely used in the financing of major projects in the oil and gas, power, renewables, mining, transport (fixed and moveable assets) and public-private-partnership (P3) sectors. In addition to non-recourse debt, project financing can take the form of limited recourse debt, ECA-backed debt, DFI-backed debt, project bonds and even securitisations.
With last minute trade discussions ongoing, the potential of the UK leaving the EU in a ‘no deal’ situation is very real. Whatever the scenario, the wrench from the EU will have a massive impact on many UK companies, but also for other European counterparts too. The devil is always in the detail. Here, Robert Lyons, a specialist business and corporate lawyer at Excello Law, sets out the implications.
TXF Global Commodity Finance 2020 virtual event goes back to the future . Join deal makers from across the globe for an unmissable virtual event to explore all the current changes in the market.
The only dedicated forum for the APAC commodity finance community. Join dealmakers from across Asia-Pacific as we tackle key industry issues and analyse the latest deals in the market.
The ultimate guide to the German Export Finance bringing together senior attendees from banks and exporters gather every year to make new connections and plan ahead...
Roll up, roll up for the latest updates on Spanish Export Finance. This annual event will cover all current and future deals and explore new opportunities for the market.
4 virtual+ events in 1 day- we will be covering export finance of Germany, France, Spain and the UK in 1 day! Join the virtual event of your choice and be part of cross-country sessions
We're reuniting the French Export Finance industry to discuss trends in the market and make new valuable connections. Join us to get ahead of next year's deals.
Our first UK Export Finance event is taking place this December. Delve into the local market and make high-level contacts that might just lead to your next deal...
This is a fully virtual event, which allows uncapped, senior-level participation from all corners of the globe.
This virtual event will address those challenges head-on. We want to create an atmosphere that is inspiring and ideas led, that demonstrates the art of the possible for the export finance community.