For a major North American aluminum producer, CRA experts assisted in the evaluation of the potential ramifications of a change in the pricing structure of electricity generated from small hydro facilities for a major aluminum smelter. This involved an independent analysis of the various components of the aluminum smelter cost structure and the potential effects that this would have on the long-term viability of the smelter. The concerns of disparate parties including boaters, conservationists, and local residents had to be factored in to reach a solution that would protect all interests. CRA presented various scenarios of costs and long-term price of aluminum to help in the formulation of the compromise
Project finance basics for International Arbitration practitioners
Lenders often depend exclusively on project revenues for repayment, so any operational or regulatory disruption can quickly jeopardize covenant compliance and...
