How is this for a definition? A #project has a start date and end date and financing it requires a sponsor, investors, lenders and other #stakeholders in order to achieve one or more objectives. Project Finance is the process by which the needs of stakeholders are met and the aims of the project are achieved. It generally involves creating a financial model that aligns with the physical processes of the project, negotiating contracts between parties, transference of funds and interests according to a #projectplan (under control of a single special-purpose business vehicle) with parties, rewarded (and possibly penalised) according to the terms of their contracts which can, of course, have time-variant terms.
