A sponsor (the entity requiring finance to fund projects) can opt to finance a whole new project using two solutions:
When the project is not prosperous, then every one of the remaining belongings and hard cash flows can serve as a supply of repayment for the many creditors (aged and new) of your merged entity (present agency additionally new project).
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Industrial sponsors – They see the initiative as upstream and downstream integrated or in a way as associated with their Main company
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