|
| |
RISK CATEGORIES AND ALLOCATION
Table 1
APP
BOO Power Project
| No. |
Risk Category |
Absorbed By : |
If "Risky" By : |
| 1 |
Fuel/Supply |
Contract, Hedging |
Step-in Rights to the Fuel
Supply, Fuel Guarantees, Standby /Alternative Source |
| 2 |
Construction / Completion |
Turnkey Contractor (LDs etc),
Insurers |
Constructors, Equipment
Vendors, Lender Overrun |
| |
Operating |
|
|
| 3 |
- Cost |
O&M Contract |
Debt Reserve, Maintenance Reserve |
| 4 |
- Management |
O&M Contract |
O&M Warranties |
| 5 |
- Technology |
O&M Contract, |
Retentions, Performance Warranties |
| 6 |
Market |
PPA |
Sinking Fund |
| 7 |
Environmental |
Financiers, Company |
Insurances |
| 8 |
Infrastructure |
Financiers, Utility,Government |
3rd Parties |
| 9 |
Political |
Insurance, Financiers |
Government,Offshore a/c |
| 10 |
Foreign Currency |
PPA, Financiers |
Hedging |
| 11 |
Sponsor |
Financiers |
Stand-By Equity |
| 12 |
Force Majeure |
Insurance,Deferral |
Bonds |
| 13 |
Interest |
Financiers |
Swaps, Bonds |
| 14 |
Engineering |
Vendor, EPC Contractor |
Insurance |
| 15 |
Legal/Permitting |
Financiers |
Insurance |
| 16 |
Syndication |
Lead (Best Efforts) |
Group (Underwritten) |
|
