This Course covers the application of problems and techniques in project finance with overview of advanced model timing and switching functionality, linking financial statement, revenues and cost calculations, and understanding of ratio analysis as well as will gaining a deep understanding about the loan agreement structure and deal participants with considering the risk and mitigates area. Also, During the course, participants also gain an insight into how to tailor the outputs of the model to end users, interpret the results, run sensitivities and optimization processes, as well as perform some degree of testing to reduce to incidence of modeling errors. By the end of the course, you will be able to break down analysis into its component parts and make better business decisions.
Gain a deeper understanding of project fnance transactions, the types of models used and their typical structure
Build a model (or significant parts of one) from start to finish
Learn how to translate key financial and commercial aspects into Excel.
Understand better how to tailor the outputs of the model towards end users and interpret the results
Learn ways to reduce the incidence of modeling errors
Project finance defined (limited recourse characteristics, etc.)
Project finance uses and applications: The rationale for using project finance
Phases in project financingo Pre-requisites for Project finance The role of contracts in project finance
The role of security in project finance
Force majeure
Financial modelling rules – design, design, design Modular design, the fundamentals Design questionnaire Discuss and identify good vs. bad modelling techniques Project and PFI modelling defining Creating a flexible non-circular funding scheme Dealing with varying length forecasting periods
Some popular design approaches Creating a date flexible framework, varying period length from construction to operation Build a flexible timing structure using appropriate date functions and binary flags Flexing timing of events -Using flags Flexible consolidation of periods to years – Index, Offset, Sumif
Lookup tables – alternatives for generating revenues based on different loadfactors and thermal efficiencieso Revenue build up with detailed pricing controlso Operational and maintenance expenses including fixed and variable itemso Forecasting and modelling of production metricso Debt structuring and repayment profile optimization
Project finance model inputs Project finance model outputs macroeconomic assumptions Project costs and fundingo Operating revenues and costs Loan drawings and debt serviceo Equity drawings Debt coverage ratioso Equity returns (NPV and IRR)
Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.
We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.
Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.
Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.
We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.
Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.