The terms of the nonrecourse long-term funding allowed the project to eliminate foreign exchange rate risk and increase its gearing. |
And nonrecourse mortgages, in which the lender can't touch any assets other than the property, generally don't cause such a gain. |
Indeed, the aim of the Q7 project is to create the first offshore wind farm using nonrecourse financing. |
This amount includes the acquisition of all the WFS shares for approximately 100 million euros and the balance of the company's debt which is made up primarily of nonrecourse financing. |
Because of their size, SMEs generally are risk averse and require a safe mode of nonrecourse financing. |
Over the last twelve to eighteen months, the property developers faced tough times as nonrecourse loans for speculative development projects were practically impossible to obtain. |