International Comparative Legal Guide – Project Finance

This guide provides valuable guidance and insights into the complex legal issues that arise in the context of project financings in 24 different jurisdictions. It also includes two expert analysis chapters, the first of which considers Why the World Needs Project Bonds (and of course project finance lawyers!).

---

Welcome to the 2022 edition of ICLG – Project Finance. As the Contributing Editor, I am absolutely delighted to introduce the latest edition of this comprehensive global guide to international project finance.
Notwithstanding the COVID-19 pandemic, project finance activity continued across the world, with some remarkable projects achieving financial close despite the significant challenges. With the ongoing curtailment of international travel, principals and their advisers had to continue their negotiations by Zoom, Webex and other means of conducting virtual meetings. Whilst many projects were delayed and disrupted by the health crisis, as the world emerges from the Omicron surge there are distinct signs of normalisation; although what will constitute the new ‘normal’ is still very much a work in progress. By and large, the legal profession has responded well to the new challenges and has continued to facilitate the development and financing of billions of dollars of projects, whilst assisting clients to overcome many additional complex issues arising from the pandemic.
Like the prior editions, this guide provides valuable guidance and insights into the complex legal issues that arise in the context of project financings in 24 different jurisdictions. Adopting a Q&A format, the chapters address each legal system’s approach to the questions which are commonly encountered in the context of project financings. It also includes two expert analysis chapters, the first of which considers Why the World Needs Project Bonds (and of course project finance lawyers!).
I am truly honoured to be part of this group of distinguished specialists to provide this authoritative guide, and I would like to thank all of the contributors for sharing their deep knowledge and expertise. I very much hope that you enjoy consulting the guide and that you find it to be useful and insightful.