Acme Coal and Energen create Power Manage Inc., another SPC to manage the installation. The ultimate goal of the two PCs (Power Holding and Power Manage) is above all to protect Acme Coal and Energen. In the event of a disaster at the facility, potential plaintiffs cannot sue Acme Coal or Energen and target their assets, as neither company owns or operates the investment. However, project proponents may realize this and require some sort of parent guarantee for negotiated amounts of operational liabilities. One of the main advantages of project financing is that it provides for off-balance-sheet financing of the project that does not affect the solvency of the shareholders or the contracting authority and transfers part of the project risk to the lenders, for which lenders benefit from a higher margin than loans to ordinary companies. . . .