CEU Electronic Theses and Dissertations, 2008
| Author | Szaloki, Gergely |
|---|---|
| Title | Securing performance in Power projects |
| Summary | The topic of the thesis focuses on power projects and tries to find out what securities may be utilized in order to secure the performance of the parties of the project documents upon which the entire project depends. The topic must be narrowed in order to fit into the side limit. I have chosen therefore power projects, since it was the first sector where project financing methods have been used, and it is still a strong sector of project financing, since the economic development claims even more and more energy. This thesis relies mostly on academic writing of scholars and practitioners, therefore beside the relevant theories I discussed practical problems and their possible solutions as well. In the first chapter I shall present a general overview of project finance putting emphasis on the project risks, since the project depends upon their proper allocation. Lawyers must understand the underlying mechanism in order to create an appropriate contractual structure. “Risk-allocation mechanism behind the project is what drives the legal issues, shapes the legal structure of the deal.” The principle is that the risks must be allocated to those parties, who are able to mitigate them. (I.) In the second chapter I shall present the power project emphasizing the analysis of contractual relationship, the securities given by the parties and the different types of power projects (II.). |
| Supervisor | Prof. Dr. Tajti, Tibor |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2008/szaloki_gergely.pdf |
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