F-203 Building and Analyzing Financial Models III (November 9–20, 2020)

Course Offering:

Dates: November 9–20, 2020

Location: Washington, DC

Tuition: $6,500

Code: 5322-WA

CEUs: 6.0




This fi nancial modeling course is designed to familiarize participants with financial modeling and the relationship between the financial model and the underlying contracts in a limited recourse project finance transaction. The course structure includes lectures and classroom simulations that challenge participants to learn the essential structure of Power Purchase Agreement (PPA) and its interrelated contracts including: 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 giving participants handson, useful technical skills that can be applied in any project procurement situation. Although the course will rely heavily on power sector technical and economic concepts, no prior sector specialization is required.

This course is a capstone project for the Building Financial Models I & II courses. Participants will build on knowledge gained from Project Finance courses and apply that knowledge by building a financial model that encompasses legal aspects and frameworks, and adds an increased layer of complexity to various modules familiar to participants.


Learning Outcomes:

By successfully completing this course, participants will be able to:

  • Gain significant confidence dealing with both the contracts and financial models that inform any project finance transaction.
  • Thoroughly understand the tradeoff s 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.