The recent growth of public-private partnerships (PPPs) and infrastructure projects is closely linked to the financing technique known as project finance. A comprehensive understanding of project finance is therefore important for deciding on the viability of projects and even policy related issues. The financing of an infrastructure project must start with one question in mind – is the project opportunity ‘bankable‘ given a set of financial assumptions and risk allocations amongst the stakeholders? In order to successfully create a financial picture of the project opportunity, an array of actions must be put into motion – input variables must be identified, numbers crunched and forecasts created to determine financial viability. If this systematic approach is not adopted, most PPP and infrastructure projects may not reach financial close.
Understanding the underlying principles and rationale for employing project finance in infrastructure projects
Learning how to design, set-up, and effectively label spreadsheet models for infrastructure project financing
Understanding how to structure financing statements within project financing models including: demand projections, capital investments, financing sources, income statements, depreciation schedules, debt schedules, cash flow statements, and balance sheet projections.
Planning and designing sensitivity analysis on key project financing variables to assess project ‘bankability’ under different conditions.
Financial analysts, investment bankers, consultants, transaction advisers as well as chairpersons, directors, commissioners and managers of parastatals currently involved or intending to engage in PPPs through project financing: chairmen, directors, and managers of private companies who are intending or are currently engaged in PPPs.