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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