Title: Is equity confined to the shorter term projects - and if not, what does it need?

Authors: Terence Cryan

Addresses: First Vice President, Investment Banking Division, PaineWebber Inc, USA

Abstract: There are two types of equity investor generally found in shorter term energy projects: energy project developers or sponsors who view a given project as buying or building a business; and financial investors who have viewed an investment as buying a stream of cash flows. This article examines the objectives and needs of these two investor groups, and discusses the principal issues which govern their respective decision-making process.

Keywords: energy projects; equity project development; energy investment; equity investors; financial investors; cash flow.

DOI: 10.1504/IJGEI.1996.063453

International Journal of Global Energy Issues, 1996 Vol.8 No.5/6, pp.402-405

Published online: 14 Jul 2014 *

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