n Without Prejudice - Direct agreements in project finance transactions : financial law
|Article Title||Direct agreements in project finance transactions : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Bowman Gilfillan|
|Publication Date||Nov 2011|
|Pages||8 - 9|
Project finance is a form of limited recourse finance and involves financing (usually on a long-term basis) the development or exploitation of a right, natural resource or other asset based upon the project's projected cash flows rather than the balance sheet of the entities undertaking the project.
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