The purpose of the Project Finance is to analyze the risk associated with payment commitments contracted by a legal person, an SPV (Special Purpose Vehicle) usually formed for the construction and/or operation of infrastructure/concession and limited only to the SPV company and the project’s assets.
In rating process, the profile of the project to be financed is analyzed, composed by a detailed qualitative and quantitative study of the participants in the operation.
The fundamentals for the creditworthiness assessment included in the model can be grouped in categories:
