HIGHLIGHTS
- In the context of an energy project finance transaction,
coronavirus-related interruptions to a project's construction
or operations can have significant implications for project
borrowers, sponsors, project counterparties and financiers.
- This Holland & Knight alert outlines some of the issues
that may arise under project finance documentation for a typical
energy project finance transaction in light of the uncertainties
and difficulties arising in the current environment.
Globally, the coronavirus (COVID-19) has caused not only a major
public health crisis but also major economic uncertainty, as supply
chains are brought to a standstill, flights are grounded, borders,
businesses and schools are closed, "stay in place" orders
are announced and financial markets remain volatile. In the context
of an energy project finance transaction, COVID-19-related
interruptions to a project's construction or operations can
have significant implications for
