Project personal debt is often held in a very sufficient minority subsidiary not consolidated within the equilibrium sheet in the respective shareholders (i.e., it really is an off-harmony sheet merchandise.)
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An Procedure and upkeep (O&M) settlement is definitely an agreement among the project corporation and also the operator. The project enterprise delegates the Procedure, upkeep and often general performance management in the project into a dependable operator with abilities inside the market under the phrases from the O&M settlement.
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