Overview

Across the globe, project finance drives progress, allowing engineers to build infrastructure such as transportation, energy, chemicals, and mining. This increasingly critical, financial technique relies on nonrecourse, risk-mitigated cash flows of a specific project, not the balance sheet or corporate guarantee of a sponsor, to support the funding, using a broad-based set of inter-disciplinary skills.

This course in Project Finance aims to provide individuals with an overall view of Project Finance and the main mechanisms of how to provide for financial structuring of the project. The trainer of this course is an expert in Public Private Partnerships and concession projects, working with major financial consultancy firms, with over 20 years of experience in developing projects under project finance methodology.

Why Should an Individual Attend?

• Apply Real-World Tools Immediately. Gain practical, actionable techniques tailored for real project finance scenarios.
• Master a Structured Approach. Learn a clear, step-by-step methodology for handling complex financial structuring with confidence.
• Learn from an Industry Expert. Benefit from the expertise of a seasoned professional with over 20 years in PPPs and concession projects.
• Unlock Infrastructure Without Guarantees. Understand how project finance enables development without relying on corporate backing.
• Speak the Language of Stakeholders. Build confidence in communicating with financiers, sponsors, and partners using industry-relevant terminology.
• Explore Proven Case Studies. Analyse successful project finance applications across energy, transport, and industrial sectors for practical insight.

Outcomes

By the end of the course, delegates will be able to:

• Understand the key concepts and methodologies involved in structuring and arranging project finance transactions for major infrastructure projects.
• Apply risk analysis and risk management techniques relevant to project finance.
• Use project appraisal methodologies to evaluate financial viability and feasibility.
• Communicate effectively using the language and approach commonly used by financiers.
• Identify the drivers, strategies, and concerns of key stakeholders involved in developing and financing large-scale projects.

Program Outline

Introduction – Project Finance Overview and Fundamentals

• Origins of project financing
• Definition of project finance
• Why choose project finance?
• Structuring the project vehicle
• Key sponsor issues

Parties To A Project Financing and Project Financing Documentation

• Parties and their roles
• Project company/borrower
• Sponsors/shareholders
• Role of documentation
• Shareholder/sponsor documentation
• Loan and security documentation
• Project documents

Project Structures

• Approach to financing
• Bonds
• Leasing
• “Build Operate Transfer” “BOT” model

Risks and Mitigants

• Understanding the risk allocation
• Country and political risks
• Industry risks
• Project risks
• Environment risks
• Construction risks
• Offtake - sales and supply risks
• Contractor risks
• Operator risks
• Funding risks
• Foreign exchange - currency and Interest rate risks

Security and Insurance Issues

• Approach of lenders
• Reasons for taking security
• Role of project insurances
• Who insures?
• Scope of cover
• Problem areas

The Project Loan Agreement

• Warranties, covenants and events of default
• Project bank accounts
• Appointment of experts
• Information and access
• Cover ratios
• Governing law and jurisdiction
• Completion issues

Who Should Attend?

• Engineers
• Bankers
• Accountants
• Lawyers
• Middle/Senior Managers in utility companies,
  
  • Commercial banks
  • Consultancy
  • Law firms