F-203
Building and Analyzing Financial Models III
CEUs: 6.0
Course Description
The third course in our financial modeling series familiarizes participants with financial modeling and the relationship between the financial model and the underlying contracts in a limited recourse project finance transaction. The program is structured around a series of lectures and classroom simulations that will familiarize participants with the essential structure of power purchase agreements (PPA) and interrelated contracts, such as engineering, procurement and construction (EPC); fuel supply and operating agreements; and financing agreements. Participants will also build a financial model for a hypothetical gas-fired power plant using realistic numbers and assumptions geared to terms in the PPA.
This innovative course will use the financial model to structure realistic negotiation simulations. It will give the participants opportunities to gain hands-on, useful technical skills that can be applied in virtually any project judgment and implementation. Although the course will rely heavily on power sector technical and economic concepts, no prior sector specialization is required.
Learning Outcomes
Through successful completion of this course, participants will be able to:
- Deal confidently with both the contracts and financial models that inform any project finance transaction
- Thoroughly understand the trade-offs that take place within the negotiation process as developers, lenders and public utilities seek to structure a transaction that provides acceptable returns and prices for all key stakeholders.
Who Will Benefit
- National, regional, and local government officials responsible for infrastructure financial modeling
- Contract officers and regulatory commissioners
- Financial analysts from PPP or privatization units
- Public servants, utility managers, executives, and financial experts
- Audit or project managers
- Staff of bilateral and multilateral international organizations