Why is project financing being increasingly relied on to fund investments?

a. Why is project financing being increasingly relied on to fund investments? b. What advantages does it have over traditional corporate finance? c. What are the major short-comings of project finance? d. Describe a typical project finance transaction? Your essay must be around 1000 words in length. It must be written in the clear and concise manner. When you finish writing this essay, any person vaguely familiar with the subject must be able to understand your logic and assertions used in answering the questions. Basics of Project Finance Reead pp1-44 of the Course Book (Andrew Fight) Perform additional research by using all sources available to you. Please look at the project syllabus to verify that the resource you are planning to use is not in the list of the resources not recommended to be used At this stage of the program student must be able to search for their own sources of information. Recommended sources include the following authors: Rosch, Vasilescu, Esty among others WSJ and Financial Times are good sources of up-to-date information The sources off limits are: – Wikipedia – Non-signed web articles – Web articles from non-specialized sources (ex “Toronto Sun”)