TERMIUM Plus®

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FOREIGN EXCHANGE MISMATCH [1 record]

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Record 1 2002-03-26

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

There will be a foreign exchange risk where the debt servicing (and other payment obligations under the project contracts) is in foreign currency but the payments to the IPP [Independent Power Producers] under the PPA [power purchase agreement] are in local currency. Where this foreign exchange mismatch occurs, the investor and developer will seek to pass through the foreign exchange risk to the offtaker...

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

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