Project Finance & Project Financial Modelling (Online Course)
Project Finance & Project Financial Modelling (Online Course)
Modern project finance transactions requires a high level of expertise in building financial models which are reliable and flexible to accommodate the changing requirements occurring during the life of a project. This online course covers both project finance and financial modelling best practices.
The objective is to provide participants with an enhanced understanding of the role of project finance and the commercial requirements of all interested parties to the project. This programme provides you with project financing skills you can immediately use upon return to your workplace. You will learn to use demonstrated analytical strategies which will enable you to assess the degree of risk and benefits of specific project financing, along with the elements of the day-to-day business and operational aspects. This programme is also designed to enhance the check lists and benchmark metrics by which you can reduce losses and which will be viewed favourably by both management and the regulatory community.
Benefits of Attending
- Understand why and how project finance is undertaken
- Apply project finance techniques in specific industrial sectors
- Assess the commercial and strategic objectives of the parties involved in a project finance deal
- Learn the tools to approach both banks and equity providers for project finance
- Develop a risk analysis of a range of different project finance deals and determine appropriate risk mitigants
- Build a reliable financial model
Live Online Course – How It Works
The structure of our virtual learning program is designed to keep the same levels of engagement and networking as our on-site public courses. Course content is delivered through our easy-to-use online learning platform and is supplemented by case studies and practical exercises.
Like our classroom-based public courses, you will have live interaction with our course facilitators and other participants. Our live online courses are led by our experienced instructors, who will provide you with easily digestible content, using knowledge learned from many years in the industry, during scheduled times. Delegates will receive copies of the course materials electronically.
This course is scheduled to take place over 8 live online sessions using virtual learning technology.
Session 1: 20 October 2020, 3 – 6:30pm GMT+8 (SGT)
Project Finance in Theory and Practice
- What is project finance?
- Case Study: Constraints on project finance in contemporary developing countries
- What is the SPV and why use project finance?
- Homework: Choosing project vs corporate finance
Session 2: 22 October 2020, 3 – 6:30pm GMT+8 (SGT)
Project Finance – the Parties
- Stakeholders in project finance
- Case Study: Differentiation between oil and gas, mining and power projects – examples and applications
- Making the case for project finance
- Sovereign ceilings, and is credit enhancement dead?
- Third party investment in project finance deals
- Homework: The rationale for public equity in SPVs
Session 3: 23 Oct 2020, 3 – 6:30pm GMT+8 (SGT)
Stages in the Deal
- Constructing the feasibility study
- Case Study: Forecasting power and aviation demand
- Case Study: How to benchmark a major industry
- Producing the deal
- Homework: Reviewing a benchmarking exercise
Session 4: 27 Oct 2020, 3 – 6:30pm GMT+8 (SGT)
Sources of Funding
- Finance opportunities and constraints
- Case Study: Assessing optimal financing structures for different project finance deals
- Bank lending and bond finance
- Case Study: Formulation and examination of bank lending ratios
- Case Study: Integrating western and Islamic finance in a project finance deal
- Homework: Islamic finance in the project finance context – the use of Murabaha, Istis’na, Ijara and Sukuk
Session 5: 30 Oct 2020, 3 – 6:30pm GMT+8 (SGT)
Project Finance Documentation
- Contracts in project finance
- Case Study: FIDIC contracts
- Due diligence assessment and risk
- Case Study: Project finance in conflict zones
- Case Study: Evaluating a World Bank/IFC proposal
- Case Study: Sovereign guarantees to manage off-take risk
- Analysing Risks
- Case Study: Examples of risk in project finance deals – O&G, renewables, infrastructure
- Homework: Toll road contracts – delegates will revise an existing contract to produce a better outcome
Session 6: 3 November 2020, 3 – 6:30pm GMT+8 (SGT)
Financial Modelling for Project Finance
- Excel revision
- The fundamentals of project finance model design
- Input of models to the decision-making process
- Modelling cash flow and ratios
- Homework: Differences between models for O&G, LNG, renewable, mining and infrastructure (water, sanitation, toll roads, airports and ports, hospitals & schools (with examples)
Session 7 & 8: 5 & 6 November 2020, 3 – 6:30pm GMT+8 (SGT)
Building a Project Finance Model
- Based on a real example, provided by an equity investor in a project finance transaction, you will construct and use a model for the transaction.
- Course Conclusion: What is the future of project finance in the 2020s?
This course will teach you all the available techniques and how to practically apply them through the use of Excel and other softwares. Extensive use of case studies will be adopted to illustrate the principles covered. Ultimately you will get practical tips on layout and style in building and analysing user-friendly models which are available as additional benefits of the course.
We would like to customise the workshop based on your specific needs. Pre-Course Questionnaire will be sent prior to the workshop for analyse in advance and to be addressed during the course.
Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.
What People Are Saying
Who Will Attend
Directors / Managers / Executives of:
- Business Development
- Project Development
- Project Finance
- Planning & Strategy
From all sectors, including but not limited to:
- Water & Waste Treatment
- Financial Institutions
- Government Authorities