Definitions for "Project Financing"
A way to raise nonrecourse financing for a specific project characterized by the following: (1) the project is a separate legal entity and relies heavily on debt financing and (2) the debt is contractually linked to the cash flow generated by the project.
Debt finance, usually non-recourse, provided by financial institutions for the development and construction of a new project.
involves a corporate sponsor investing in and owning a single-purpose industrial asset – usually with a limited life – through a legally independent entity financed with non-recourse debt.
Keywords:  npmt, faith, capital, needed, lien
Provision of capital for a project. [D01414] NPMT
An arrangement when a lender provides the needed capital to build a facility and the security for the lien is the value of the project itself, rather than the security being the full faith and credit of the owner of the project.
Keywords:  certificate, link, loan
Project link Project loan certificate