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  • April 2005 (Revised April 2005)
  • Background Note
  • HBS Case Collection

An Overview of Project Finance - 2004 Update

By: Benjamin C. Esty and Aldo Sesia
  • Format:Print
  • | Pages:30
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Abstract

Introduces the field of project finance and provides a statistical overview of the project-financed investments over the last five years. Defines project finance and contrasts it with other well-known financing structures. Describes the evolution of project finance, from its beginnings in the natural resources industry in the 1970s to the U.S. power industry in the 1980s and to a much wider range of industry applications and geographic locations in the 1990s and 2000s. Provides a statistical overview of project-financed investments over the last five years (2000-2004), featuring industry, project, and participant data. Also discusses current and likely future trends and provides terminology and institutional details.

Keywords

Project Finance; Investment; Projects; Trends

Citation

Esty, Benjamin C., and Aldo Sesia. "An Overview of Project Finance - 2004 Update." Harvard Business School Background Note 205-065, April 2005. (Revised April 2005.)
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About The Author

Benjamin C. Esty

Finance
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