Project finance is widely used for large infrastructure projects including thermal and renewable power projects. The technique enables project risks to be allocated to the parties best able to manage them and facilitates the raising of long term debt without recourse to the project developer.
The correct allocation of risk through an appropriate commercial structure is the foundation of a sound financing plan and this course will develop these themes by walking through the commercial contracts and finance documentation and provide an understanding of how to determine the optimal amount of debt using cash flow and ratio analysis. Current circumstances in the African power project sector will be discussed.
Investment committees need to be sure that all risk aspects have been studied and the course will detail the key elements of the due diligence exercise. The course will also provide a guide on how to approach the debt market.
Benefits of Attending
The course is intended to provide a firm understanding of the principles which create a bankable power project
finance structure in terms of risk allocation and the commercial and financial structure. On completion of this course
you will understand:
■ How a power project is structured and financed
■ How to identify power project risks and mitigation strategies
■ The role of the financial model and cash flow and ratio analysis
■ Debt sizing techniques
■ Project finance term sheets and loan documentation
■ Contract documentation
■ The due diligence process
■ How to efficiently identify viable project prospects
■ How to approach the debt market
The course is interactive using a combination of lectures, case studies and workshop exercises. Questions and discussion are encouraged to enable delegates to gain an understanding that will be immediately useful in business. Subject to preserving confidentiality, delegates are welcome to seek solutions to live situations.
We would like to customise the workshop based on your specific needs. Pre-Course Questionnaire will be sent prior to the workshop for the Course Director to analyse in advance and address during the course.
Upon the successful completion of this course, you will receive a Certificate of Completion. This Certificate will testify your endeavour and serve towards your professional advancement.