This course offers a professional training course in Project Finance Mechanics. This course provides participants with a practical understanding of how to successfully ap…
This course offers a professional training course in Project Finance Mechanics. This course provides participants with a practical understanding of how to successfully apply project finance techniques to projects, with a particular focus on risk analysis and management. This course consists of interactive sessions covering all project finance tools. The course begins with an introductory discussion of the skills and general objectives of project finance analysis, with an emphasis on the difficulty of measuring and evaluating risk. Balance sheet analysis of project financing transactions is treated similarly to valuation and credit analysis. Participants will build a basic project finance model and familiarize themselves with the structure, equity cash flow, and free cash flow. Additionally, as a prelude to hands-on work on comprehensive models, participants will explore and discuss modeling errors, model layouts, and best-practice spreadsheet conventions. Finally, the program addresses covenants and risk analysis and mitigation of project finance. This course is provided by a team of internationally experienced financial management group.
Course Objectives
By the end of the course, participants will be able to:
Who should attend?
Anyone who needs to extend their modelling skills and understand the aspects of project finance models.
Analysts.
Managers.
Senior Managers and Associate Directors.
How attendees will benefit?
After completion of the course, delegates will understand:
Transaction form of project finance.
Financial statement analysis.
Evaluation of project finance.
Default Probability and Loss Rate in Project Finance, Creditworthiness Analysis.
The basic structure of the project finance model.
Interest during construction.
Using the Project Funding Model.
Risk and analytical error.
Market risk and contract risk in project finance.
Excel modelling best practices.
Covenants and covenants in project finance.
Overview of Project Finance Term.
Course Outline
Introduction to project finance.
Overview of Project Loan Terms/Comparison of Project Loans and Corporate Loans.
Sectors and different risks in project financing.
Identification of risks and general terms in case studies project finance transactions.
Technical mechanics of project finance.
General contract design in project finance using case studies.
Analysis of debt size, debt structure and profitability in project finance.
Understanding project financing models and financial statements.
Purpose of the project financing model.
How does the project funding model work?
Avoid bad modelling techniques.
Post-construction technical issues.
Model-based project finance evaluation.
Reading and Interpreting Models.
Equity IRR calculation.
Risk analysis in project finance.
Evaluation of project financial statements.
Analysis from the Sponsor's Perspective.
Analysis of risk and creditworthiness in project finance.
Risk and return case studies.
Refinancing, covenants and risk mitigation in project financing.
Refinancing in project finance.
Measuring risk and return.
Debt Service Reserve Accounting and Modelling.
Covenants in project financing.
Schedule & Fees
2026 Schedule & Fees
There are no public sessions remaining for the course this year. Please contact us if you wish to have a customized in-house session, or to find out how an additional public session can be scheduled.