Champion of Prosperity: Cities [Part 2]

By Jacob Lee Energy Efficiency The energy efficiency takes a variety of forms: space Insulation from the external environment, installment of LED lighting, and the improved gas mileage. It is known to us that economic growth drives the increase in energy consumption. Economic growth makes people have more disposable incomes at hand. With more disposable …

Champion of Prosperity: Cities [Part 1]

By Jacob Lee Cities attract the best of minds around the world. Not only is it visible in developed countries but also in developing countries. In the cities, people can interact more with each other. The concentrated space of cities promotes interaction than rural areas. For this reason, many of the brightest ideas have been …

[Project Finance Case Writing] Dabhol Power plant

By Jacob Lee What were the direct and indirect effects of choosing LNG as the fuel for the project? 1.1 Direct effects Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state, at about -260° Fahrenheit, for shipping and storage. To use it as a fuel for a power plant, …

[Project Finance Case] Australia Japan Cable

Question 1-1. Is this a recourse or non-recourse financing? The Australia-Japan Cable (AJC) project, a $520 million submarine telecommunication cable system is financed with 15% of equity and 85% of the debt. As for the capital structure, this is a limited recourse financing (Non-recourse financing). It means that the liability is limited in case of …