Project Finance. A method of funding in which the lender looks primarily to the revenues generated by a single project, both as the source of repayment and as security for the exposure. Repayment depends primarily on the project’s cash flow and on the collateral value of the project’s assets, such as power plants, chemical processing plants, mines, transportation infrastructure, environment, and telecommunications infrastructure;
Appears in 2 contracts
Sources: Indenture and Security Agreement (Ares Strategic Income Fund), Indenture (Ares Strategic Income Fund)
Project Finance. A method of funding in which the lender looks primarily to the revenues generated by a single project, both as the source of repayment and as security for the exposure. Repayment depends primarily on the project’s 's cash flow and on the collateral value of the project’s 's assets, such as power plants, chemical processing plants, mines, transportation infrastructure, environment, and telecommunications infrastructure;
Appears in 1 contract
Sources: Indenture (Ares Capital Corp)