Project Finance in Theory and Practice - Designing, Structuring, and Financing Private and Public Projects

Description

This book presents comprehensive coverage of project finance in Europe and North America. The Second Edition features two new case studies, all new pedagogical supplements including end-of-chapter questions and answers, and insights into the recent market downturn. The author provides a complete description of the ways a project finance deal can be organized-from industrial, legal, and financial standpoints-and the alternatives available for funding it. After reviewing recent advances in project finance theory, he provides illustrations and case studies. At key points the author brings in other project finance experts who share their specialized knowledge on the legal issues and the role of advisors in project finance deals. Content: Front Matter Prefaces • Table of Contents 1. Introduction to the Theory and Practice of Project Finance 2. The Market for Project Finance: Applications and Sectors 3. Project Characteristics, Risk Analysis, and Risk Management 4. The Role of Advisors in a Project Finance Deal 5. Valuing the Project and Project Cash Flow Analysis 6. Financing the Deal 7. Legal Aspects of Project Finance 8. Credit Risk in Project Finance Transactions Case Studies Appendix: The Structure and Functioning of the Simulation Model • Glossary and Abbreviations • References Index