Energy Project Financing : Resources and Strategies for Success

Financing Energy Management Projects 43

Figure 2-14. Strategic Issues Financing Decision Tree.

FACILITY

EMP (^) CHARACTERISTICS
CHARACTERISTICS
Proj. Complexity
Proj. Reliability
Long-term
Equip.
Cash Flow
Schedule
Manage or
Outsource
M O
Host-managed
Arrangements
Perf.
Conf.
In-house
Staff
ExperienceMgmt.’s
Strategic
Capital Will-Focus
ing
to Commit
Time
Frame
On or Off
Balance
Sheet
Govt.
Govt. or
Private
Private
True
Lease
Bond
long short
Off Balance Sheet
On Balance Sheet
Loan,
Cap. Lease
NVP
QUANTITATIVE
FACTORS
Int. Rate
Taxes
Cash Flow
Timing