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Getting infrastructure financed: The role of bonds, project finance and public-private partnerships in infrastructure investment
The following article is an excerpt from Private Infrastructure Finance and Investment in Europe, a report commissioned by the European Investment Bank. The entire report with footnotes and references is available at http://www.georginderst.com/and the Social Science Research Network page: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2359648.
Private capital is provided in two main forms: corporate finance (operating or service companies operating in infrastructure sectors) and project finance, a contractual financing arrangement that is particularly important in infrastructure.
This article will discuss bonds, project finance and P3 in infrastructure investment, which is a s