opere calde e opere fredde

15:16 Nov 25, 2008
This question was closed without grading. Reason: No acceptable answer

Italian to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Project finance
Italian term or phrase: opere calde e opere fredde
What I know is that "opere calde" are typically medium to large-scale infrastructures (transportation and energy supply networks, leisure and sport centres) involving high cash-flows whereas "opere fredde" can be tourism-related or health facilities with no appreciable cash- flows.

I can grasp the overall concept but I don't know if the basic difference is maintained in english in the field of project finance.

Any ideas ?

Umberto Cassano
Local time: 16:21

Summary of answers provided
4Hot Works and Cold works



6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Hot Works and Cold works

From a financial point of view, PF “works in a good way” only if a project is able to give a
profit. Just considering the ability of different works to assure this profit, they can be
divided as:

a) **Cold works** – They are works where social function is absolutely prominent and
for this reason the prices for their use must be so low that they cannot be considered
sufficient to give a satisfactory profit to sponsors (for example hospital building and their
services): in this case the public administration interested in the project, must take in
charge to assure the economic profit to sponsors. This can be done or paying a suitable
price in addition to the right of sponsor of managing the services, or giving an additional
profitable opportunity (for example the contextual construction of residential building).

b) **Hot Works** – They are works that can give a satisfactory (from an economic point
of view) profit, so that they can be rightly defined SELF – LIQUIDATING (for example energy
production plants, highways with a payment, car parking, recreation grounds …. Can be
included in this group).

page 6

Note added at 6 hrs (2008-11-25 21:43:51 GMT)

PPT] ANAS SpA - Company OverviewFormato file: Microsoft Powerpoint - Versione HTML
Project Financing – a modern tool for the construction and management of highway ... made by the public administration on a commercial basis (“cold works”); ...
www.ceinet.org/download/sef_2005/3.3_NOBILI_PPT_Presentatio... -

Note added at 21 hrs (2008-11-26 12:28:43 GMT)

non sono riuscita a trovare altri riferimenti, nonostante il mio accanimento...
ciao e buon lavoro :-)

    Reference: http://www.ewaru.com/documents/ANNEX_8-P_F_DRAFT_REPORT.pdf
Local time: 16:21
Native speaker of: Native in ItalianItalian
PRO pts in category: 12
Notes to answerer
Asker: Il documento PDF che citi è scritto in una lingua che mi risulta difficile classificare. Se leggi con attenzione puoi trovare diversi errori "di traduzione"...proprio perchè non si tratta di un testo originale redatto da un native speaker.

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