Project Finance: Practical Case Studies

ities to supply fuel to four older plants on the site. There was a technical risk in making this concession, because liquid fuel ...

One of the scenarios that the IFC considered in its due diligence and credit analysis was the privatisation of the CFE. This see ...

Chapter 9 Bajio, La Rosita and TEG, Mexico Introduction The case studies in this chapter and Chapters 7 and 8 examine five power ...

Mexican power projects following Samalayuca II and Merida III After AES was awarded the mandate for Merida III in March 1997 (se ...

allowed to sell electricity to industrial customers that hold a nominal 2 per cent share in the project. This is just a legal re ...

The plant’s natural gas fuel supplier is Coral Energy, which has a tolling arrangement for the 250 MW of its power sold in the U ...

its manufacturing cost. The company wanted a secure, predictable and competitive source of power. For fuel, the TEG I plant uses ...

TEG II TEG I was followed later in 2001 by TEG II, a sister plant also sponsored by Sithe on the same site, at an estimated cost ...

ments; and ‘in kind’ replacement of supply, in the form of either natural gas from another source at market prices or delivery o ...

Chapters 7 through 9 show a continuum. It ranges from the financing of the first quasi-lPP on a BLT basis (Samalayuca II); to th ...

Chapter 10 CBK, the Philippines Project summary^1 The CBK project entails a 25-year build, rehabilitate, operate and transfer (B ...

Caliraya, Botocan and Kalyaan I (hence ‘CBK’) – and the construction of a new pumped- storage power station, Kalayaan II, adjace ...

on the part of the Department of Finance’s personnel, who were not familiar with documents considered routine in international p ...

•a relatively standard concession agreement embodied in the BROT agreement; •a turnkey construction contract with Impsa Construc ...

Units 1 and 2, would also be delayed by six months, with liquidated damages payable by the contractor under the turnkey construc ...

Rates for private political risk insurance are generally higher, but are justified by greater speed, flexibility and capacity. T ...

payee is a beneficiary of an insurance policy, but does not have an insurable interest in its own right. In other cases all lend ...

arranged more quickly. In their opinion, the CBK financing also demonstrates that the inter- national bank lending market is rec ...

Chapter 11 Quezon Power, the Philippines Type of project 440 MW pulverised-coal-fired power plant. Country The Philippines. Dist ...

Project summary^1 Quezon Power is a bond-financed independent power producer (IPP) that sells electricity to the Manila Electric ...