Project and Infrastructure Finance

Course Introduction

Project finance is a well-established technique for raising funds for large stand-alone projects that require huge initial investments but have long pay-offs. The pay-offs to the financiers come from the cash flows of the project, as the sponsors of these projects often ring-fence their balance sheets from the risks of the project. Therefore, it requires some asset-specific financial structuring so that the risks are minimized and fund providers get their expected returns.

Throughout this Project and Infrastructure Finance training course, the participants will be able to relate their learning to real-world issues and problems and develop their ability to develop a structured and well discipline approach to Infrastructure and Project Finance process. By pinpointing problem areas for remedial action, the delegates will have the opportunity to acquire financial skills and technical knowledge that will enable them to manage more effectively the entire capital budgeting.

This Oxford Management Centre training course will highlight:

• The various means of financing large- scale investments
• the economics of public private partnerships
• Effective Due diligence process
• The framework for structuring a contractual bundle around the project to ensure optimum risk sharing and mitigation
• Project Finance Appraisal, Debt Sculpting & Sizing

Objectives

By the end of this Project and Infrastructure Finance training course, participants will have learned how to:

• Appreciate the particularities of project finance and PPP markets
• Understand the key steps of structuring an infrastructure project
• Appreciate the different models of valuing the project and project cash flows
• Perform a due diligence and risk mitigation
• Master project appraisal and preparation of appraisal note

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, cases / exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.

Delegates are encouraged to bring real problem examples with them, for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. Time will be allowed for general discussions, and for one-to-one discussion with the trainer.

Organisational Impact

Participants in this Project and Infrastructure Finance training course will provide benefits for their organisation through the enhanced knowledge and set of skills that they will take back to the workplace:

• Different models of Valuing the Project and Project Cash Flows
• An ability to Identify Project Risk Factory, suggest risk mitigation solutions and develop an awareness of the relevance and importance of Due Diligence
• Debt Sizing & Debt Sculpting skills
• Project Appraisal techniques for better informed decision-making
• Appreciation of structuring process of an infrastructure Project and weighting

Personal Impact

By attending this Project and Infrastructure Finance training course, you will greatly improve your Financial Analysis skills and develop:

• Improved understanding of Financial Modelling
• Increased awareness of structuring Project Finance and its stakeholders
• An appreciation of the importance of due diligence
• Greater confidence to tackle new situations
• The ability to identify risk factors and to propose valuable mitigation solutions

Who Should Attend?

This Oxford Management Centre training course will greatly benefit all individuals who wish to improve their risk mitigation skills and develop their personal effectiveness in terms of Project Finance negotiation: 

• Project Managers
• CFOs, Controllers and Treasurers
• Practicing corporate and investment bankers
• Finance managers who are responsible for arranging funds for their companies’ projects
• Government officials who are responsible for raising funds for infrastructure projects
• Investors who commit funds for special purpose vehicles and even manage portfolio of assets for large funds

Course Outline

Day 1

Introduction to Project and Infrastructure Finance

Day 2

Structuring the Finance

Day 3

Financial Appraisal & Due Diligence

Day 4

Project Risk Management & Due Diligence

Day 5

Case Study