- April 1, 2014: Vol. 7, Number 4

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Getting infrastructure financed: The role of bonds, project finance and public-private partnerships in infrastructure investment

by by Georg Inderst

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 the Social Science Research Network page:


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

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