Using Project Finance to Fund Long-Term Investments in the Energy Industry

Scannella, Enzo

Using Project Finance to Fund Long-Term Investments in the Energy Industry

Proceedings of the International Conference “Complexity Systemic Sciences and the Global Energy Agenda” (Palermo, September 26-27, 2011), Aracne Editrice, Rome, June, 2013, pp. 115-126

Posted: 19 Jul 2013

See all articles by Enzo Scannella

Enzo Scannella

University of Palermo - d/SEAS

Date Written: June 20, 2013

Abstract

The paper examines a new financing model for project finance in the energy industry. It explores the potential attractiveness of bond markets to finance long-term investments. The paper is organized as follows. The first section provides a general description of project finance. The second section analyses the financial structure of project finance in the energy industry. The third section evaluates the financial support provided by the European Investment Bank. Final section concludes.

Keywords: Project finance, Banking, Rating, Project bond, Energy industry, Project management

JEL Classification: G01, G20, G21, G24, G32, M10, M15

Suggested Citation: Suggested Citation

Scannella, Enzo, Using Project Finance to Fund Long-Term Investments in the Energy Industry (June 20, 2013). Proceedings of the International Conference “Complexity Systemic Sciences and the Global Energy Agenda” (Palermo, September 26-27, 2011), Aracne Editrice, Rome, June, 2013, pp. 115-126 , Available at SSRN: https://ssrn.com/abstract=2295447