PROJECT FINANCE FOR RENEWABLE ENERGY

This paper is intended to provide general advice to sponsors of renewa ble energy projects who expect to raise project-based financing from c ommercial banks to fund the development of their projects. It will set out, for the benefit of such sponsors, how bankers typically approach the analysis of these undertakings and in particular the risk areas o n which they concentrate. By doing so it should assist sponsors to max imise their prospects of raising bank finance. The watchword for spons ors approaching banks must be ''Be Prepared''.