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Contractor – The contractor is liable for developing the project into the technical specifications outlined while in the contract With all the project business.
Non-recourse or constrained recourse financing – It means a the creditor has no or restricted claims around the mortgage in case of default
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For this reason, functions acquire substantial pitfalls for the duration of the development section. The only earnings stream for the duration of this section is normally beneath an offtake settlement or energy purchase agreement.
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