Project Finance Modelling online

Project Finance Modelling will teach you how to build a financial model to evaluate equity returns and secure non-recourse debt (known as project finance).

The online access and post-course support is ongoing.

What will you learn?

We recommend that you take this course after completing our Financial Statement Modelling course. If you are already an experienced modeller you may be happy to go straight to this course.

We will apply general business and non-recourse finance theory to build a cash flow forecast appropriate for the financing of green field projects and special purpose vehicles (“SPVs”). You will build a model that evaluates equity returns and may be used to negotiate and secure non-recourse debt through a process of model optimisation.

On completing the course, you will have built for yourself a fully-functional financial model covering the period from the beginning of construction through to the end of the project’s operating period.

Why should you sign up?

On completing this course you will have a good understanding of the how to approach the complexities of project finance modelling.

Clear video tutorials are complemented by online discussions and support. You can view and revisit the tutorials as many times as you like and take advice from our modelling team as you implement the techniques in your own modelling.

This course is CPD certified for up to 30 hours.

Sign up below for instant access, contact us to request an invoice, and see below for the full list of modules.

Book your course

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Date
Format
Location
Duration
Instructor
Price
Any
Online
Online
30 hours approx
Andrew Berkley
£595

Full list of course modules
  • Overview: Introduction to Project Finance by the course instructors
  • Module 1: Roadmap of the start model
  • Module 2: Review of construction costs
  • Module 3: Construction period sources and uses of funds
  • Module 4: Modelling sources of funds
  • Module 5: Modelling finance costs during construction
  • Module 6: Modelling and testing interest during construction
  • Module 7: Construction debt: pro rata vs. equity first
  • Module 8a: Modelling opening balances - compare and contrast different approaches to timelines
  • Module 8b: Modelling opening balances - building the air lock
  • Module 8c: Modelling opening balances - what qualifies as a non-current asset?
  • Module 8d: Modelling opening balances - understanding the opening balance sheet
  • Module 8e: Modelling opening balances - track sheet
  • Module 9a: Debt service cover ratios - current period DSCR and minimum DSCR
  • Module 9b: Debt service cover ratios - backward looking
  • Module 9c: Debt service cover ratios - forward looking
  • Module 9d: Debt service cover ratios - average ratios
  • Module 10a: Loan life cover ratios - Initial LLCR
  • Module 10b: Loan life cover ratios - rolling LLCR
  • Module 11: Project life cover ratios
  • Module 12: Debt sculpture and converged ratios
  • Module 13: Blended equity rate of return
  • Module 14: Debt service reserve accounts
  • Module 15: Shareholder loans
  • Module 16: Revolving credit facility
  • Module 17a-d: Model optimisation
  • Module 18a: Major maintenance reserve account - relocating checks
  • Module 18b: Major maintenance reserve account - assessing the impact of the MRA on the financial statements
  • Module 18c: Major maintenance reserve account - modelling the MRA
  • Module 18d: Major maintenance reserve account – assessing and modelling smoothed maintenance costs
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