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The snowflake model
The document describes the "SNOWFLAKE" model for a joint venture company, which involves establishing agreements between shareholders, financial institutions, construction consortiums, customers, operators, authorities and other stakeholders for the different phases of a project from construction through operation to decommissioning.
The snowflake model
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- 3. Joint Venture Company Take-off agreement Loan agreem ent Permits C ontract Maintenance agreement Insurance agreem ent Ownershipagreement C onstruction Agreem ent Financial institutions Shareholders Construction consortium CustomerOperator InsuranceFuel provider Authorities Byggavtal Construction phase
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