Banking · Project Finance
In concession-based infrastructure projects, the concession agreement is one of the most important project documents reviewed by lenders. It is best described as the agreement that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Guarantees minimum dividend to equity investors
- 2Replaces the O&M contract after commercial operations begin
- 3Acts as the primary loan agreement between lenders and the SPV
- 4Governs the relationship, obligations, and risk allocation between the grantor and the project company✓
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Governs the relationship, obligations, and risk allocation between the grantor and the project company
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