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S&P on why projects fail

Over the past 20 years project finance has emerged as one of the strongest global asset classes, having learned hard lessons from its pioneering days. In PFI, Michael Wilkins, Managing Director and Head of Infrastructure, and Ben Macdonald, Director, at Standard & Poor’s Ratings Services run through a checklist for why some projects still continue to fail. They explain how redesigned criteria will increase transparency to help reduce project default in the future.

To read the full article, please click here. (Please note that this link lies behind a pay wall)

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