Raise the skill and competency level of project finance organizations
Project Finance for Business Development helps readers understand how to develop a competitive advantage through project finance. Most importantly, it shows how different elements of project finance, such as opportunity screening and evaluation, project development, risk management, and due diligence come together to structure viable and financeable projects—which are crucial pieces missing from the current literature.
Eliminating misconceptions about what is really important for successful project financings, this book shows you how to develop, structure, and implement projects successfully by creating competitive advantage. By shedding light on project finance failures, it also helps you avoid failures of your own.
Helping readers develop, structure, and implement projects successfully by creating competitive advantage, this book is a useful tool for project sponsors and developers, helping them structure and implement projects by creating competitive advantage.
Project Finance for Business Development| John E. Triantis (Author)| Wiley
Table of Contents
CHAPTER 1: Introduction
Origins of project finance, Project finance advantages and disadvantages, Corporate and structured versus project finance, The project finance market, “Why a business development approach to project finance?”, structure of the book, Use of the book to maximize benefit.
CHAPTER 2: Overview of Project Finance
Project taxonomy, Project finance phases, Key elements of project finance, Ownership and financing structure considerations, Primary project finance activities, Common misconceptions and myths.
CHAPTER 3: The Record of Project Finance
The record of project finance deals, Reasons for project failures, Lessons learned.
CHAPTER 4: Project Financing Processes
Variants of project financing processes, Nature of project financing processes, Activities in project finance processes, Milestones of project finance processes, Successful project finance process characteristics.
CHAPTER 5: Project Finance Organizations
The need for PFOs, Business definition of PFOs, PFO skills and qualifications, PFO challenges, PFO performance evaluation measures, Characteristics of successful PFOs.
CHAPTER 6: Project Development
Project development prerequisites, Prefeasibility assessment, Project definition, Technical design and assessment, Feasibility study, Due diligence, Project and financial structures, Agreements and negotiations, Project marketing and raising financing, Development costs and success factors.
CHAPTER 7: Participants and Responsibilities
Roles of the project team, Roles of the host government, Roles of project sponsors, Roles of the project company, Roles of the lenders, Roles of advisors, consultants, and insurers, Roles of multilateral and unilateral institutions, Roles of the EPC contractor, Roles of technology and equipment providers, Roles of project offtakers and suppliers, Roles of the O&M company.
CHAPTER 8: Project Finance Forecasting
"What is a good forecast?”, What to forecast and sources of forecasts, Forecast assumptions, Project forecasting process, Project demand analysis, Forecasting methods and techniques, Forecast sanity checks, Causes and consequences of forecast failures, Forecast monitoring and realization planning.
CHAPTER 9: Project Contracts and Agreements
Structure, prerequisites, and costs of contracts, Contract development and negotiation process, Common project finance contracts, Challenges of project finance contracts, Project contract success factors.
CHAPTER 10: Project Risk Management
Objectives and importance of risk management, Types of project risks, Sources of project risks, Risk management undertakings, Risk management process, Risk management instruments and mitigants, Risk management benefits, challenges and success factors.
CHAPTER 11: Project Due Diligence
Due diligence costs and benefits, Host country and industry due diligence, Technical due diligence, Environmental due diligence, Commercial due diligence, Legal due diligence, Financial due diligence, Operational due diligence, Risk management due diligence, General areas of due diligence, Report, assessment, and quality characteristics.
CHAPTER 12: Funding Sources and Programs
Official project finance sources, Private sources and instruments, Benefits of official funding source participation.
CHAPTER 13: Structuring Project Finance
Elements of project financing structuring, Equity and debt investor requirements, Decisions from spc ownership to financing structure, Determinants of project financing, Amalgamation of financing.
CHAPTER 14: Project Financial Model
Uses of the financial model, Financial model inputs, Financial model calculations and outputs, Properties of good project financial models.
CHAPTER 15: Trends Impacting Project Finance
Major relevant megatrends, Megatrend sources and characteristics, Demographic trends, Technology and industry trends, Trends impacting the government sector, Trends impacting sponsors and investors, Trends impacting funding sources and financing, Analysis of trends and their impact.
CHAPTER 16: Project Finance
Sources of competitive advantage, Manifestations of competitive advantage, Creating competitive advantage, Competitive advantage reality check.
APPENDIX A: Common Project Finance Abbreviations
APPENDIX B: Commonly Used Project Finance Definitions
LINK FOR THE BOOK