Expect more win-win negotiation outcomes when you can appreciate the different outlooks and objectives of sponsors, lenders and government concession-granting agencies. During the course, you'll:
• study the legal and modelling aspects of project finance, both areas of specialism for trainer Richard Capps
• challenge textbook approaches to limited recourse financings, including theories on equity bridge loans, IRR calculation methodologies, the role of cash sweeps and the sanctity of contract
Return to work able to:
• complete qualitative risk analysis of a project
• identify where a project’s red flags are
• assess the viability of a project
• analyse the potential influencing factors within a project’s lifecycle
Over five days, you'll explore every aspect of project finance. It's a very practical course with group discussions, breakout sessions and case studies and you are encouraged to try out all that you learn.
The case studies include power projects – developed vs. emerging markets, bond funded gas project, credit-enhanced infrastructure project and technical issues in limited recourse financing.
– How project finance differs from conventional finance
– Contracts & cross-border enforcement
– PPP & infrastructure projects
– Power projects – developing & emerging markets
– Market & operating risks
– Project cash flow & debt structuring
– Project cash flow models
– Demonstration exercises
– Practical modelling masterclass
– Technical issues in limited recourse financings
– Bond financing
– Sponsor perspective
– Export credit agencies
– The golden rules of project finance
This Masterclass in Project Finance is presented from both lender and sponsor perspectives by a trainer with decades of industry experience, who has been on both sides of the transaction.
Richard Capps has worked as a lawyer, corporate banker, investment banker, corporate financial manager and workout
specialist. He spent five years with an American bank, the world’s largest financier of oil & gas projects, as a corporate relationship manager in New York and London. Six years investment banking in Hong Kong and London saw him primarily involved in mergers and acquisitions and corporate restructurings. Richard was CFO of a public group, working on 15 acquisitions, over 20 equity raisings and a large number of complex financings, many of them structured on a limited recourse basis.
Fantastic bank of information. Incredible amount of information which is supported by the lecturer's knowledge. An interesting topic, relevant and broad range of industry applications"