Study on the Credit Enhancement of the Multi-Homeowners’ Repayment of Rent Deposit

2020 ◽  
Vol 24 (2) ◽  
pp. 141-161
Author(s):  
Ji-Haeng Huh ◽  
Choon-Won Lee
Keyword(s):  
Credit Enhancement

The Case for Alternative Credit Enhancement Structuresin GSE Securitizations

2012 ◽  
Vol 18 (1) ◽  
pp. 76-84
Author(s):  
Laurie S. Goodman ◽  
Landon D. Parsons
Keyword(s):  
Credit Enhancement

Exploring innovative energy infrastructure financing in Ghana: benefits, challenges and strategies

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Augustine Senanu Kukah ◽  
Andrew Anafo ◽  
Richmond Makafui Kofi Kukah ◽  
Andrew Victor Kabenlah Blay Jnr ◽  
Dominic Benson Sinsa ◽  
...  
Keyword(s):  
Production Efficiency ◽  
Discriminant Validity ◽  
Political Stability ◽  
Power Sector ◽  
Investment Performance ◽  
Energy Infrastructure ◽  
Content Type ◽  
Credit Enhancement ◽  
Number Of Parties ◽  
Infrastructure Services

Purpose Inefficiencies in the power sector resulting from underinvesting and underselling reduce the ability of governments to adequately finance energy projects. The purpose of this paper is to explore mechanisms of energy financing, benefits and challenges associated with innovative financing of energy infrastructure as well as strategies to improve innovative financing of energy infrastructure. Design/methodology/approach Questionnaires were used to elicit responses from respondents. Seventy-eight responses were retrieved. Mean score ranking, Kruskal–Wallis test and discriminant validity were the analysis conducted. Findings Partial credit guarantee; partial risk guarantee; credit enhancement; and loan guarantees were the significant mechanisms. Production efficiency; reduce pressure on public budgets; access to management expertise; and self-sustainability of infrastructure facilities were the significant benefits. Lack of transparency and adequate data for risk assessment; high up-front cost; heterogeneity, complexity, and presence of a large number of parties; and lack of a clear benchmark for measuring investment performance were the severest challenges. Complete transparency and accountability; political stability and public view on private provision of energy infrastructure services; and macroeconomic environment were the significant strategies. Practical implications This study is beneficial to energy sector as the current government of Ghana hints on willingness to involve private sector in management of the power sector. Originality/value The novelty of this study is that it is a pioneering study in Ghana on innovative financing of energy infrastructure.

scholarly journals Credit Enhancement and its Risk Factors for IPP Projects in Asia: An Analysis by Network Theory

2015 ◽  
Vol 125 ◽  
pp. 133-142
Author(s):  
Abu Naser Chowdhury ◽  
Po-Han Chen ◽  
Robert Tiong
Keyword(s):  
Risk Factors ◽  
Network Theory ◽  
Credit Enhancement

scholarly journals Risk Evaluation of Sewage Treatment PPPABS Projects Using Combination Weight Method and D-S Evidence Theory

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-12
Author(s):  
Hui Zhao ◽  
Zehui Bu ◽  
Shengbin Ma
Keyword(s):  
Risk Factors ◽  
Risk Evaluation ◽  
Evaluation Method ◽  
Sewage Treatment ◽  
Evidence Theory ◽  
Operational Risks ◽  
Credit Enhancement ◽  
Expert Interview ◽  
Weight Method ◽  
Overall Risk

In order to make up for the shortage of public-private partnership (PPP) model, more and more sewage treatment PPP projects have adopted the asset-backed securitization (ABS) model. To ensure success of sewage treatment PPPABS projects, risk evaluation, which has remained scarcity and unscientific, is becoming an urgent problem to be solved. Firstly, this paper identifies critical risk factors by literature analysis and expert interview. The final risk system is established from the perspectives of macrorisks, basic asset risks, transaction structure risks, operational risks, and other risks, which include 17 second risk factors. Then, the overall risk evaluation method is proposed based on combination weight method and Dempster–Shafer (D-S) evidence theory. Next, Beijing capital Co. Ltd. sewage treatment PPPABS project as a case is employed to verify the feasibility and effectiveness of the proposed method. Finally, awareness of existing risks, suggestions from law risk, quality risk, underwriting and issue risk, and credit enhancement are provided for sewage treatment PPPABS projects. All above studies are expected to provide helpful references for evaluating overall risk of sewage treatment PPPABS projects.

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