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Isn't is possible to raise money for Infrastructure-specific projects, which would be paid back by with revenues raised from selling power? I don't understand w
by pm90 9y ago
Isn't is possible to raise money for Infrastructure-specific projects, which would be paid back by with revenues raised from selling power? I don't understand why its not a good investment: all people need power, they need to buy it somewhere right? If they had a clause which said revenues from the customers would be first used to pay back the specific debt... is that possible?
- ropiku 9y agoIt is a good investment until due to mismanagement they don't make enough revenue to pay up. PREPA is already in default on their bonds so I don't see how they can convince anyone to lend them even more money. The previous bondholders probably have dibs on the income stream already.
- giarc 9y agoI think you are describing a Public Private Partnership. http://ppp.worldbank.org/public-private-partnership/overview/what-are-public-private-partnerships http://ppp.worldbank.org/public-private-partnership/overview...