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Course Schedule
Classroom Sessions:
Date Venue Fees
05 - 09 Aug 2024 Dubai - UAE $5,950
09 - 13 Dec 2024 Dubai - UAE $5,950
Course Description

INTRODUCTION

Project finance is a well-established technique for raising funds for large stand-alone projects that require huge initial investments but have long pay-offs. The pay-offs to the financiers come from the cash flows of the project, as the sponsors of these projects often ring-fence their balance sheets from the risks of the project. Therefore, it requires some asset-specific financial structuring so that the risks are minimized and fund providers get their expected returns.

Throughout this Project and Infrastructure Finance training course, the participants will be able to relate their learning to real-world issues and problems and develop their ability to develop a structured and well discipline approach to Infrastructure and Project Finance process. By pinpointing problem areas for remedial action, the delegates will have the opportunity to acquire financial skills and technical knowledge that will enable them to manage more effectively the entire capital budgeting.

This GLOMACS Project and Infrastructure Finance training course will highlight:

  • The various means of financing large- scale investments
  • the economics of public private partnerships
  • Effective Due diligence process
  • The framework for structuring a contractual bundle around the project to ensure optimum risk sharing and mitigation
  • Project Finance Appraisal

Objectives

By the end of this Project and Infrastructure Finance training course, participants will have learned how to:

  • Appreciate the particularities of project finance and PPP markets
  • Understand the key steps of structuring an infrastructure project
  • Appreciate the different models of valuing the project and project cash flows
  • Perform a due diligence and risk mitigation
  • Master project appraisal and preparation of appraisal note

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, cases / exercises, reviewing published articles, checklists, and group discussions covering current practices and their relationship to the implementation of new concepts.

Delegates are encouraged to bring real problem examples with them, for discussion on a confidential basis, and to share their experience of particular issues in their company or industry. Time will be allowed for general discussions, and for one-to-one discussion with the trainer.

Organisational Impact

Participants in this Project and Infrastructure Finance training course will provide benefits for their organisation through the enhanced knowledge and set of skills that they will take back to the workplace:

  • Awareness of the relevance and importance of Due Diligence
  • Master different models of Valuing the Project and Project Cash Flows
  • Identification of Project Risk Factors, and suggest risk mitigation solutions
  • Project Appraisal for better informed decision-making
  • Appreciation of structuring process of an infrastructure Project and weighting

Personal Impact

By attending this Project and Infrastructure Finance training course, you will greatly improve your Financial Analysis skills and develop:

  • Improved understanding of Financial Modelling
  • Increased awareness of structuring Project Finance and its stakeholders
  • An appreciation of the importance of due diligence
  • Greater confidence to tackle new situations
  • The ability to identify risk factors and to propose valuable mitigation solutions

WHO SHOULD ATTEND?

This GLOMACS Project and Infrastructure Finance training course will greatly benefit all individuals who wish to improve their risk mitigation skills and develop their personal effectiveness in terms of Project Finance negotiation: 

  • Project Managers
  • CFOs, Controllers and Treasurers
  • Practicing corporate and investment bankers
  • Finance managers who are responsible for arranging funds for their companies’ projects
  • Government officials who are responsible for raising funds for infrastructure projects
  • Investors who commit funds for special purpose vehicles and even manage portfolio of assets for large funds
Course Outline

DAY 1

Introduction to Project and   Infrastructure Finance

  • Definition of Project Finance: Basel II Guidelines
  • Leveraging Project Finance to Fund Infrastructure: A Historical Journey   
  • Why Project Finance: Rationale and Scope   
  • Public–private Partnerships and Project Finance Loans: Conceptual Framework
  • Global Project Finance Markets: Status of Projects

DAY 2

Structuring the Project

  • Key Project Parties
    • Project Sponsors
    • Project Vehicle
    • Project Lenders
    • Substitution Agreement
  • Key Contractual Parties
    • EPC Contractor
    • O&M Contractor
    • Government
    • Suppliers
    • Off-takers (Customers)
  • Key Transaction Documents and Contracts  
  • Key Project Documents  
  • Financing Documents 

DAY 3

Due Diligence

  • The Bigger Picture—Principles of Bank Lending  
  • Due Diligence: Collecting Information 
  • Discussion with Promoters on Due Diligence 
  • Selection of Experts/Engineers
  • Feasibility Check: The Start of Appraisal 
  • Fundamentals of Appraisal by Banks

DAY 4

Project Appraisal and Preparation of Appraisal Note

  • Appraisal of Term Loan
  • Project Appraisal Note—Core Contents  
  • Appraisal of Infrastructure Project  
  • Financial Aspects of a Project
  • Project Debt Structuring  
  • Project Risk Management

DAY 5

Managing Project Risks

  • Risk Identification: Project-specific
  • Supply Risk
  • Off-take and Sales Risk/Market Risk
  • Market Quantity
  • Sales Contracts
  • Hedging Risk by using Derivatives
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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