That depends on the level of risk transfer we want to accept. In the case of an NPO, where the public and private sectors are investors, the public portion is exposed to certain risks. Ultimately, the question is really whether, for a particular project or asset, the model seems to enable us as investors to manage our risks and the contractual parameters with our private partner. It has been clearly shown that this arrangement worked well in smaller projects in small communities.
On November 1st, 2012. See this statement in context.