We examine whether banks offer reduced debt financing costs to green projects. The results show that the loan spread of green projects is lower than that of non-green projects, and there is no statistically significant difference between fossil fuel and non-fossil fuel projects. Especially,...

Each year one in every five foreign direct investment dollars in the Global South flows through project finance transactions. These transactions consist of large-scale energy and infrastructure projects, and consistently produce deleterious effects on third parties. Until now, much of the legal...

Las Administraciones Públicas tienen entre sus principales objetivos dotar a la sociedad de suficientes infraestructuras que contribuyan a la mejora del bienestar de sus ciudadanos y al desarrollo económico. Este deber de la Administración se enfrenta hoy en día a importantes desafíos...

The study examines the essence of preliminary risk assessment in project finance; identifies the typical project risk at start-up and its mitigation; analyzes financial and political risks surrounding a project and the determines a lenders position in the midst of risk. The main purpose of...