The Brave New World of U.S. Power Project Finance

摘要: In today9s restructured competitive power market, there is no single template for financing a generating plant. To the contrary, project sponsors seeking to enhance reported corporate earnings and shareholder value are practicing very sophisticated financial engineering. On equity side, they blending purchase agreements (PPAs) with tolling merchant arrangements. debt crafting highly structured financings that often involve miniperms, gencos, bonds, lease structures, in surprising innovative combinations.