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Definitely further research is required to gain a better understanding of how debt finance and loan notes work for project finance and the complexities of pulling project funding deals together.

Essential to also understanding how mandates govern funders involvements on projects and why they are all different in their levels of commitments and why they would be deemed to be partially funding a project.

Important to understand how Loan Notes are potentially structured including why and how they are shaped and how various outcomes can vary the cost efficiency of the debt finance.

Why and what elements can cause the chain reaction of finance parties to come together.

These complexities are typically well outside the view of majority of investors in any projects as it is extremely complex and that's why Pareto will get paid the big bucks on delivering the finance.

Perhaps its your lack of understanding that is misleading you.