4 FAQs about Financing for a outdoor telecom cabinet project in portugal

What funding sources are available in Portugal?

The most common source of funding in Portugal is through debt and equity. However, there are more sources of funding available, such as bond issues and mezzanine finance. Both private finance initiatives and public private partnership structures are usually funded by private sector equity and debt funding.

Who monitors the execution of PPP contracts in Portugal?

The Technical Budget Support Unit (UTAO) (Unidade Técnica de Apoio Orçamental), which is a unit dependent on Parliament, also monitors the execution of PPP contracts. Portuguese Civil Code (Decree-Law No. 47344 of 25 November 1966, as amended). Portuguese Companies Code (Decree-Law No. 262/86 of 2 September, as amended).

Is a project company a commercial company in Portugal?

In Portugal, the project company is a commercial company in most cases. The most common forms of Portuguese commercial companies are the private limited company (sociedade por quotas) (SQ) and the public limited company (sociedade anónima) (SA).

What are non-vitiation provisions in Project Finance in Portugal?

Non-vitiation provisions are common in project finance transactions in Portugal. 22. How are insurance proceeds treated and applied? Insurance proceeds are assigned by way of security, that is, such receivables, when originated, are automatically held by the lenders as security.

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