They also include a partialguarantee on their principal via the purchase of U.S. Treasury zero-coupon bonds, or Treasury STRIPS, held in escrow by the U.S. Treasury.
As well as jumping through all these hoops, to qualify for the partialguarantee (which will be tailor-made for each project) the backers must also be able to demonstrate that they definitely would not be able to go ahead without this carefully delineated government support.