•  

    CERTIFIED PROJECT FINANCE ANALYST

     

    Gain years of Project Finance experience in just 12 intensive weeks.

    Learn the Legal, Financial, and Technical aspects of Project Finance only on the Certified Project Finance Analyst programme.

     

    Start date: 17th January 2023

    Duration: 12-weeks

    Location: Online

    Cost: $5,900 (Finance available)

  • WHAT IS THE CPFA PROGRAMME?

    The Certified Project Finance Analyst programme is a hands-on, intensive workshop,
     delivered part-time, remotely, over an 8-week period.

     

    Gain your Project Finance accreditation and fast-track your Project Finance career.

  • WHERE OUR ALUMNI WORK

    We are all on different paths. Here at the Project Finance Institute, we are proud of everything that our Alumni accomplish. 

     
    broken image

  • JOIN THE CPFA WAITING LIST

    The Project Finance Institute is a highly competitive institution.

    broken image

    JOIN THE CPFA WAITING LIST

    Join the Certified Project Finance Analyst waiting list for our upcoming January 2023 cohort to get your application prioritised during the enrollment window.

  • THE SKILLS YOU WILL LEARN

    Before the 8-week project simulation begins, you will undertake a period of pre-course tuition in core legal, financial and technical concepts.

    1

    LEGAL CONCEPTS

    Legal Foundations
    -Overview of PF contracts
    -Government support
    -Case Study: Rwanda Peat Project
    -Which risks remain with the project company
    -Introduction to PPAs
    -Introduction to finance docs
    -Factors that influence the debt package
    -When it all goes wrong…
     
    Key Legal Concepts
    -Non-recourse finance
    -Subordination
    -Conditions precedent
    -Reps and warranties
    -Amendments and waivers
    -Direct agreements
    -Covenants
    -Force Majeure
    -Events of default
    -Cross default
    -Compensation on termination

     

    2

    TECHNICAL CONCEPTS

    Wind Power
    -Origins of a probability-based approach in renewables
    -Introduction to wind
    -Resource assessment
    -How to measure and predict wind speed
    -Turning wind into energy
    -The importance of uncertainty
     
    Capital Risks & Their Mitigations 
    -Contracts overview 
    -Interface risk 
    -Design risk 
    -Performance LDs
     
    Wrap Up
    -What happens when it all goes wrong
    -The future of wind energy
    3

    FINANCIAL CONCEPTS

    Pools of Capital 
    -Equity 
    -Debt 
    -Export credit agencies 
    -Multi-lateral development banks 
    -Development finance institutors 
    -Institutional investors 
    -Project bonds 
    -Private equity & infrastructure funds 
    -Government
     
    Debt Structuring 
    -Mini-perm debt and cash sweeps 
    -Balloons 
    -Refinancing 
    -Hedging policy 
    -What really happens when projects underperform
     
    Construction Arrangements
    -Introduction
    -Construction period risks
    -EPC commercial considerations & contingency
    -What’s included in project costs?
    -EPC security package
    -Bid bonds
     
    Revenue Structures
    -Introduction to volume and price risk 
    -Renewable energy revenue structures 
    -Termination scenarios
    -Impact of revenue structures on debt sizing
    4

    PROJECT FINANCE MODELLING

    Part 1 
    -Stages of a Project Finance deal 
    -Model set-up & timelines 
    -Sources and Uses of cash 
    -Construction costs 
    -Construction financing 
    -Financial statements update 
    -Debt sculpting & sizing revisited 
    -Equity returns revisited 
    -Pre-funding working capital 
    -Model optimisation 
    -Assignment: Impact of development fee on tariff 
    -Assignment: Analysis 
    -Shareholder loans 
    -Debt service reserve account
     
    Part 2 
    -Part 1 solutions 
    -How to use Excel’s probability distribution functions to obtain P-values 
    -DSCR - base case, distribution lock-up & default 
    -Average DSCR 
    -Loan Life Cover Ratio (LLCR) 
    -Project Life Cover Ratio (PLCR) 
    -Average cost of debt 
    -Weighted Average Loan Life 
    -Debt capacity revisited 
    -Equity bridge loan 
    -Modelling multiple tranches of debt 
    -Solving P50 vs P90 
    -Mini-perm debt modelling 
    -Swap pricing 
    -Advanced accounting and tax modelling

  • CPFA IS THE DUAL AWARD PROJECT FINANCE PROGRAMME

    The Project Finance Institute is a highly competitive institution.

    broken image

    The first accreditation you will earn as part of the full programme' is the designation of the "Certificate in Project Finance Modelling" (CPFM).

     

    On successful completion of the programme, you will be awarded the "Certified Project Finance Analyst" (CPFA) certification.

  • HEAR FROM OUR ALUMNI ABOUT THEIR COURSE EXPERIENCE

    Learn from leading lawyers, engineers, and financiers. 

     

    Use your model to support live negotiations with lenders and suppliers. Structure your project and present to a real Investment Committee. Then optimise your bid, competing against other teams on the course. 

    All the while you’ll be developing world-class financial modelling and project structuring skills.

     

    There is no other Project Finance training course like it.

     

  • GET EMPLOYER SUPPORT

    Let the right people know about the benefits of CPFA accreditation to your personal development.

    broken image

    Download our CPFA Investment Proposal document below if your employer needs to find out more about the Certified Project Finance Analyst programme benefits to yourself and their business.

     

    If you are looking to send your colleague or team through the CPFA programme then contact us today to find out about our group discounts.

  • CERTIFIED PROJECT FINANCE ANALYST PROGRAMME FAQS

  • JOIN A LIVE Q&A WEBINAR

     

    Meet with workshop leader Kenny Whitelaw-Jones. We will go through how our course works, the topics that will be covered, the skills that you will gain, and how the application process works.

     

    Register for our upcoming free events here

  • HOW CAN WE HELP YOU?

    Not sure which path is right for you or your team? 

    Contact our course administrator using the form below. We are always here to discuss your Project Finance ambitions. 

    We will respond to it as soon as we can!

    Project Finance Institute
    The Old Church School
    Butts Hill
    Frome, Somerset BA11 1HR
    United Kingdom
    24/7
    020 8945 7060
    020 8945 7060
    admin@projectfinanceinstitute.com
    Cookie Use
    We use cookies to ensure a smooth browsing experience. By continuing we assume you accept the use of cookies.
    Learn More