Equity contributions are funds invested in the project company which comprise its share capital and other shareholder funds. Equity holds the lowest priority of the contributions, e.g. debt contributors will have the right to project assets and revenues before the equity contributors can obtain any return; or, on termination or insolvency, any repayment, and equity shareholders cannot normally receive distributions unless the company is in profit. Equity contributions bear the highest risk and therefore potentially receive the highest returns.