shifted to the utility. Further, debt leveraging is claimed to be a threat to reliability. On the opposite side, it is argued … reliability are strong. In this study we examine the project finance mechanisms used in private power lending in detail, relying …

reliability. On the opposite side, it is argued that debt leveraging imposes costs and obligations not home by utilities, and so … than to them, and that incentives for reliability are strong. In this study we examine the project finance mechanisms used …

shifted to the utility. Further, debt leveraging is claimed to be a threat to reliability. On the opposite side, it is argued … reliability are strong. In this study we examine the project finance mechanisms used in private power lending in detail, relying …

reliability. On the opposite side, it is argued that debt leveraging imposes costs and obligations not home by utilities, and so … than to them, and that incentives for reliability are strong. In this study we examine the project finance mechanisms used …