Project Structure
The EBRD tailors each project to the needs of the client and to the specific situation of the country, region and sector. The EBRD typically funds up to 35 per cent of the total project cost for a greenfield project or 35 per cent of the long-term capitalisation of the project company. The Bank requires significant equity contributions from the sponsors, which must equal or be greater than the EBRD’s investment.
There must be additional funding from the sponsors, other co-financiers or generated through the EBRD’s syndications programme.
Read more about this topic: European Bank For Reconstruction And Development
Famous quotes containing the words project and/or structure:
“The common erotic project of destroying women makes it possible for men to unite into a brotherhood; this project is the only firm and trustworthy groundwork for cooperation among males and all male bonding is based on it.”
—Andrea Dworkin (b. 1946)
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—Friedrich Nietzsche (1844–1900)