Adaptation Project Foreclosure
“What happens when an entity can’t pay its debts for an adaptation project?”
Numerous adaptation projects are able to come to life because they were financed through some form of bond. However, if the entity that took out the bond is unable to keep up with its debts, then its project assets could be repossessed. Adaptation Project Foreclosure holds the potential to become a serious problem in the future and equity groups will need to take note.