In the utility industry, the costs of new projects to bring energy to the consumer have grown in mammoth proportions relative to the size of privately owned utility. This is due both to the ravages of inflation and to the decline in traditional energy sources within the continental United States. As a result of this inflation the credit worthiness of most utility borrowers has significantly deteriorated. At the same time, capital has become more scare, although its availability does fluctuate from time to time based on general market conditions and future expectations. To overcome these problems, utilities have had to abandon traditional financing methods and turn to project financing for new capital intensive projects.


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    Title :

    Project financing for major supplemental natural gas supply projects


    Contributors:
    Olson, L. (author)


    Publication date :

    1976


    Size :

    3 Seiten


    Type of media :

    Conference paper


    Type of material :

    Print


    Language :

    English




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