The project finance market has grown to remarkable size in recent years. According to the Securities Industry and Financial Markets Association (SIFMA), there is at present in excess of $2.6 trillion in outstanding municipal debt, comprising obligations of approximately 50,000 issuers. In addition, more than $5.7 trillion of corporate debt and about $2.5 trillion in asset-based debt is currently outstanding. At Bricker & Eckler, our Project Finance Group has experience documenting and structuring financings in all these areas: municipal, corporate, and asset-backed...