Critically examine the requirement for special purpose vehicle (SPV) Project Financing of a large complex infrastructure or similar type projects. In your discussion you should consider:
• The requirements for a robust Business Case
• The reasons and advantages for using an SPV for such projects
• The Project financing process, examining the key aspects and pitfalls in the process
• Sustainability aspects that may be necessary in such projects. Use suitable examples from the literature or projects with which you are familiar in order to support your discussion.
