Project Finance: a Comparative Analysis with Common Law Regulation

The continuing difficulty of finding the necessary resources for the construction of works intended to satisfy the needs of the community has resulted, in the last twenty years, in a strengthening of the project finance instrument (“PF”)1, which, however, does not appear to have followed the same trend in Italy as has occurred in the UK. Wanting to photograph the state of the PF Italian market, we could briefly say that it is characterized by the coexistence of a large number of small sized interventions and of a more reduced number of interventions for very high amounts.