Nuclear Plant Expansion Project

When P3s do not work • One-off P3s can be risky for the public sector O O Insufficient experience on both sides to transfer risk or price it properly Higher transaction costs O Insufficient public sector expertise о O Insufficient focus on output specifications Experienced P3 markets will deal better with P3s than markets that do fewer P3s Insufficient long term capital Counterparty risk Inefficient and lengthy process 20 20

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