Advanced Project Finance

Our trainer has a unique blend of experience in Law, Corporate Banking, Investment Banking, Corporate Financial Management, General Management and Workout.  He has gained a worldwide reputation for the quality and depth of his training courses, which have been developed and presented over 20+ years.

• He trained as a lawyer at Cambridge and the Middle Temple and was called to the English bar.
• 5 years with an American bank (Chase), the world’s largest financier of oil & gas projects, as a corporate relationship manager in New York and London. In the 5 years in this role, he was exposed to the development of the North Sea projects and petrochemicals.
• 6 years: investment banking in Hong Kong and London (Wardley – the investment bank subsidiary of HSBC), primarily involved in mergers and acquisitions and corporate restructurings.
• 6 years: CFO of a public group with a joint head office in the United States and Australia. In this role, he was engaged in some 35 acquisitions, over 20 equity raisings and a large number of complex financings, many of them structured on a limited recourse basis.
• 18 months: responsible for the ‘workout’ of a company in severe financial difficulties, being appointed as General Manager by KPMG.

For the past 20 years, the trainer has acted as an independent consultant and financial trainer.  On the consulting side, he has been primarily involved in the financial modelling and structuring of power generation, LNG, mining, and petrochemical projects, as well as undertaking project vetting for a number of clients.  On the training side, he conducts training courses in Financial Modelling, Loan Documentation, Corporate Finance, Corporate Valuation and M&A, and our very own Advanced Project Finance course.

Our training has been designed to deliver a thorough understanding and the application of project finance in the context of infrastructure, power generation, and the extractive industries. It will identify the criteria that are applicable to Sponsors, Lenders, and professional services organisations.

Our project finance training provides a comprehensive understanding and coverage of what project finance/limited recourse financing is from both a lender and a borrower perspective. It is supported by many detailed case studies, to illustrate the practical application of the various concepts and techniques that are presented during the programme. The course is also supported by a substantial package of takeaway materials, including books, videos, and Excel files.

Our project finance training course commences with an overview of how the whole project financing approach works and what is involved – anticipating the content of the subsequent sessions. These financings are a spider’s web of contracts, so we then look at the complex issue of cross-border contractual enforcement, including Alternative Dispute Resolution Procedures. We then take a particular look at infrastructure projects, including PFI/PPP, which have characteristics that differ from other contexts of limited recourse transactions.

Our project financing course then moves into the structuring of the high-risk development phase of the project, followed by the structuring of risk management during the operating phase. Having identified the structuring of the project and its risk management, we then look at both the financier’s control of the project to promote debt serviceability and the Sponsor’s perspective of maximising the investment returns of the project.