Project Finance

Aims of the course

no description

Course syllabus

1. The concept of project financing
1.1. Project finance vs. company based financing of projects
1.2. Participants in the project financing and their objectives
1.3. Advantages and disadvantages of project finance
2. Project development and management
2.1. Stages of project financing
2.2. Role of sponsors in project financing
2.3. Project company
3. Financial structure of the project
3.1. Financial documentation
3.2. Sources of funds (equity, debt, mezzanine)
4. Legal structure of the project finance transactions
4.1. Concession contract
4.2. Other contracts
5. Risks and their allocation among the participants
5.1. Commercial risks
5.2. Macroeconomic risks
5.3. Political risks

Course director(s)