HEADLINE
Renewable Deal Award 2014 in recognition of the way the project finance was put together up to final financial close in December 2014 – it was considered the best project finance structure achieved in the region over the last couple of decades . “ The MoU between Willem Dolleman , Carlo van Wageningen and Chris Staubo was signed in 2005 so it took nine years for us to complete the development phase ,” says van Wageningen . That was three years longer than the founding fathers had hoped for , but explicable considering the complexity of the project and the painstaking way in which project and political risks perceived by lenders had to be mitigated . 15