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Green projects – particularly sustainable energy sources and clean technology - include multiple
technologies, at different stages of maturity. The appropriate type of financing will be chosen according to
the stage of development of the technologies. For example venture capital financing is normally suited for
un-proven and un-tested technologies, while project financing is used for mature technologies such as wind
and solar. Projects also have different phases – development, construction and operational – which require
different financing methods (equity, then debt) and it is at the latter stages (e.g. operational refinancing)
where instruments such as...
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PROPOSAL FOR A DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
