Project finance: a coligação contratual como estrutura de alocação de riscos

Abstract

The main objective of this paper is to analyze a project finance contractual structure, as well as the allocation of specific project risks through each type of contract inherent in this type of financing. The main characteristics of a project finance, as opposed to an ordinary financing or loan, were outlined in the development of the work. Also, this paper passed through the main types of contracts used in its structuring, to finally highlight the direct relationship between this contractual network and the allocation of risks inherent in infrastructure projects. The core of the work is to analyze how major risks linked to the development of large-scale projects, such as infrastructure projects, are allocated among all the parties involved through the execution of various contracts, each one with specific goals and roles, but systemically united by the achievement of a common goal, which is the completion of the work and operation of the project by the special purpose company