image: jouleassets

Private Finance Initiative – PFI

January 15, 2018

Termination procedures are highly complex, as most projects are not able to secure private financing without assurances that the debt financing of the project will be repaid in the case of termination.

In most termination cases the public sector is required to repay the debt and take ownership of the project. In practice, termination is considered a last resort only.

Read More on Investopedia