Head of Project Finance Will Marder discusses how the financing market will respond and adapt to such a radically changed world in such a short space of time in this article reprint from the June 2020 issue of Proximo Deals of the Year Awards Edition. It is difficult to address the project finance sector without touching upon the real and anticipated effects of the COVID-19 pandemic. Tax equity providers may be in short supply, as those entities need to have considerable tax appetite to monetize tax credits. One interesting outcome is that the world has gotten a feel for what greenhouse gas emissions could look like in a world where the public at large is not commuting to work or traveling. It appears two sectors are poised to move even further front and center in the project finance spotlight: renewable energy and telecommunications.

Please see important disclosures at the end of the article.

 

Download Article