Madácsi, Roland (2015) Project finance in Hungarian electricity sector. Effect of feed-in tariff system’s change onto power plant investments. Working Paper. Corvinus University of Budapest Faculty of Economics.
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Abstract
The research analyses the former and the current status of the small gas-motor power plant investments in the Hungarian energy sector. It discusses the development of project financing in the segment and the major changes and effects of new regulations and subsidy-policy implemented in 2010. The objective of this paper is to present the results of an empirical research of the so called GCHP projects, and to draw conclusion concerning how classic project financing conditions were present and changed during the last decade, and how regulation affected the current and future financial status of these projects.
Item Type: | Monograph (Working Paper) |
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Series Name: | Corvinus Economics Working Papers - CEWP |
Series Number / Identification Number: | 2015/15 |
Uncontrolled Keywords: | project financing, corporate financing, energy sector |
JEL classification: | G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill G38 - Corporate Finance and Governance: Government Policy and Regulation L94 - Electric Utilities |
Divisions: | Faculty of Business Administration > Institute for the Development of Enterprises > Department of Enterprise Finances |
Subjects: | Energy economy Finance |
ID Code: | 1996 |
Deposited By: | Ádám Hoffmann |
Deposited On: | 22 Jul 2015 06:59 |
Last Modified: | 22 Jul 2015 08:40 |
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