The course will teach the fundamentals of Project Finance.
The course will address the rationale for this type of financing and examine project risk analysis, risk mitigation strategies, financing options, and legal/regulatory/industry frameworks. The course will address the cash-flow modeling concepts for Project Finance but will not engage in the mechanics of modeling techniques.
Instruction will commence on Thursday September 7th. 2017 and be followed by five weekly classes. The first two sessions will review the fundamental aspects of Project Finance followed by specific perspectives of respective stakeholder interests – such as sponsors, consultants, modelers, governments or NGOs. The subsequent classes are built around specific project finance topics (including: infrastructure, PPP/PFI, renewable energy, environmental controls) and team presentations based upon a number of tangible cases that highlight specific practical situations and relevant issues.
Evaluation will be 20% from class participation, 20% from case presentation and 60% from a final take-home paper.
Robert Dewing was a Columbia Business School faculty member from 2008 to 2020.