Understanding Project Finance For Infrastructure Development

Project finance is used on a global basis to finance over $300 billion of capital-intensive projects annually in industries such as power, transportation, energy, chemicals, and mining. This increasingly critical, financial technique relies on nonrecourse, risk-mitigated cash flows of a specific project, not the balance sheet or

corporate guarantee of a sponsor, to support the funding, using a broad-based set of inter-disciplinary skills. This short course in Project Finance aims to provide candidates with an overall view on Project Finance and the main mechanisms of how to provide for financial structuring of the project.