05.07.2009
The rate at which one currency is traded against the other
Equity investors (entrepreneur of the project) in large infrastructure projects such as an IPP are often more willing to take risks than the lenders (financial institutions). The entrepreneur has to satisfy the lenders regarding each parameter of the IPP project (land issues, legislation issues, GSA, PPA, etc.) before the lenders will commit their money. Such projects are often financed on a 20-80% basis (20% equity investor and 80% financial investor).
Performance contracting methodologies are often used as methodologies for energy efficiency projects
An indication of the systematic riskiness attached to the returns on ordinary shares. It equates to the asset Beta for an ungeared firm, or is adjusted upwards to reflect the extra riskiness of shares in a geared firm., i.e. the Geared Beta