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Explain the role of the main counterparties (sponsors) to a concession agreement under a Special Purpose Vehicle (SPV). b) Why is the SPV, sometimes, considered

Explain the role of the main counterparties (sponsors) to a concession agreement under a Special Purpose Vehicle (SPV). b) Why is the SPV, sometimes, considered as an appropriate or optimal strategy to execute certain economic activities? Explain your answer. c) Explain why sometimes sponsors prefer using project financing as opposed to using corporate financing. d) Explain the term project finance in the context of our course? e) Outline the main risks associated with project finance. For each risk explain the suitable risk management strategy

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