International Financing of Geothermal Projects

Abstract

In this presentation the various forms of international financing available in the context of energy projects, in particular renewable energy developments in the Central and Eastern European Countries (CEEC) are touched upon from the viewpoint of an energy consultant with long experience in foreign energy projects. Contact details are given and Internet locations where more information about project financing may be found. It must be stressed that only you mere outlines are presented - this is a complicated area and the author is not a financial expert. It is also endeavoured to outline the financial arrangements that are gaining preponderance in the financing of large energy projects on the international arena, the financial terms and conditions commonly applicable in international financing, the upper limit of financing and the project criteria that International Financing Institutions (IFI) require are met. In the case of the Vth Framework Programmes, an outline of the procedures, the