The following Banking & Finance practice note produced in partnership with Julian Nichol of Akin Gump Strauss Hauer & Feld provides comprehensive and up to date legal information covering:
This Practice Note: (i) considers what is meant by ‘structure’ in the context of a project finance transaction and identifies key issues that inform the approach to structuring a project finance transaction, and (ii) looks closely at the Azura Edo independent power project in Nigeria (Azura Edo IPP) as a case study to help identify and explain a number of recent and innovative project finance structuring solutions which have been successfully implemented in order to overcome certain identified risks and challenges. This Practice Note is not intended to be a general introduction to project finance and does therefore assume a basic familiarity with its concepts (see Practice Note: Introduction to project finance).
This Practice Note does not cover those structures peculiar to the US project finance market, such as tax equity driven structures for renewable energy project financings or the differing approach in the US to structuring reserve-based project loans.
The focus in this Practice Note is on construction financings—that is, new projects being developed from scratch (also known as ‘greenfield projects’), rather than the sale or purchase of existing operating assets (often referred to as secondary market transactions) which account for a lot of the market activity at the time of writing. The content of this Practice Note could generally be applied to the asset class commonly referred to as ‘energy
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
ContractWhere a contract is made by two or more parties it may contain a promise or obligation made by two or more of those parties. Any such promise may be:•joint•several, or•joint and severalWhether an undertaking is joint, several, or joint and several in contract is a question of construction
The offence of causing grievous bodily harm with intentWounding or causing grievous bodily harm (GBH) with intent is triable only in the Crown Court on indictment. Elements of the offence Under the Offences against the Person Act 1861 (OATPA 1861), the prosecution must prove the defendant unlawfully
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a Member State for many purposes. As a third country, the UK can no longer participate in the EU’s political institutions, agencies,
Codicils may be used for making any alteration in a Will such as to alter the executors or make changes in legacies, whether by addition or deletion but that is by no means their only use. As a general rule, substantial changes are best achieved by means of a new Will and codicils are more
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.