Key project parties and their roles

The five main project parties in a typical project finance transaction (see Introduction to project finance) are:

• • the sponsor;
• • the project vehicle (referred to in this guidance note as the “project company”) which is typically the borrower of the project loans;
• • contractors and sub-contractors;
• • suppliers; and
• • off-takers.

This guidance note explains the roles of the five main project parties in a typical project finance transaction.

See Key project parties and their roles.