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We do not have to back it up if we create it?

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Wed Nov 12th, 2008 at 01:54:11 AM EST
[ Parent ]
It would be backed by the physical asset ... that's what the equity share is for, so that there is a buffer on the value of the asset if the operation goes belly up.

The greater the equity share, the more the security of the debt share, all things equal ... of course, for different countries, all else is not equal, and if a feed-in tariff is in place, the downside risk of being unable to service the capital stake is much less.


Utsukushikereba sore de ii

by BruceMcF (agila61 at netscape dot net) on Wed Nov 12th, 2008 at 02:15:25 PM EST
[ Parent ]

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