• ADVANCED PROJECT FINANCE TRAINING

    Transform your team's capabilities with training delivered by active Project Finance professionals.

  • THE SKILLS YOUR TEAM WILL MASTER

    THE PROGRAMME DELIVERS TRANSFORMATIONAL SKILLS DEVELOPMENT IN FINANCIAL MODELLING

    AND PROJECT ANALYSIS.

     

    We can work with you to devise a course format and agenda to best suit the needs of your team. Our courses can

    be run over one classroom day to five or even more, and can be supplemented with online preparation and post-course practice or assessments. Alternatively, we can deliver courses via live online sessions to suit your timescales

    and participant availability.

    The numbered sections below show just some of the course content and topics we can offer. If you need a completely custom agenda and a company-specific case study we would be delighted to discuss that with you.

     

    1

    CORE FINANCIAL MODELLING SKILLS

    1. Introduction – Excel set up and productivity macros
    2. Core model build & structuring skills
    3. Solar investment case study intro
    4. Timing flags
    5. How to link financial statements
    6. Revenue and operating costs
    7. Non-current assets & depreciation
    8. Equity financing
    9. Senior debt financing
    10. Model control, scenarios and checks
    11. Intro to VBA & optimisation
    2

    PROJECT FINANCE MODELLING PART 1

    1. Stages of a Project Finance deal
    2. Model set up & timelines
    3. Sources and Uses of cash
    4. Construction costs
    5. Construction financing
    6. Financial statements update
    7. Debt sculpting & sizing revisited
    8. Equity returns revisited
    9. Pre-funding working capital
    10. Model optimisation
    11. Assignment: Impact of development 12 fee on tariff
    12. Shareholder loans
    13. Debt service reserve account
    3

    PROJECT FINANCE MODELLING PART 2

    1. How to use Excel's probability distribution functions to obtain P-values
    2. DSCR - base case, distribution lock up & default, average DSCR
    3. Loan Life Cover Ratio (LLCR)
    4. Project Life Cover Ratio (PLCR)
    5. Average cost of debt
    6. Weighted Average Loan Life
    7. Debt capacity revisited
    8. Equity bridge loans
    9. Modelling multiple tranches of debt
    10. Solving P50 vs P90
    11. Mini-perm debt modelling
    12. Swap pricing
    13. Tax modelling: WHT & VAT
    14. Balloon debt structures
    15. IFRIC 12 / IFRS 9 modelling
    4

    POST-COURSE ASSESSMENT

    1. Overview | Access to reference online training material is given to help students remind themselves of the in-class training and better prepare for the assessment. 
    2. Assessment | Students are required to submit their models, which are reviewed by our team. Each student gets individualized feedback on their model. 
    3. Follow up | In addition to individual written feedback, we deliver an online workshop (around 90 minutes) with all class participants to share the common feedback points and wrap up questions from the course and the assessment.
  • TRUSTED BY

    broken image
  • HOW OUR TRAINING WORKS

    WE BLEND THE BEST OF IN PERSON TRAINING AND ONLINE LEARNING TOGETHER.

    ✔️ In-person intensive training

    ✔️ Live Q&A sessions

    ✔️ Self-paced advanced Project Finance modelling training

    ✔️ Delivered in our bespoke App for web, iOS, and Android

    ✔️ Practice case studies

    ✔️ Certificated programme

    ✔️ Access to worked models and example files

    ✔️ Final assessment

  • GET YOUR TEAM CERTIFIED

    IMPROVE THE PERFORMANCE AND EFFICIENCY OF YOUR PROJECT FINANCE TEAM.

    broken image

    Invest in your team’s professional skills development with the Project Finance Institue.

     

    Upskilling your team isn’t just about ensuring you have the right skills to meet your goals. It’s about planning for the long-term future of both your organisation and your employees. Regular training and development are the strongest retention tools in any employer’s arsenal.

  • broken image

    "This course really opened my eyes to what actually happens in projects."

    - Laura Gillies. M&A, Deloitte, Canada.

    broken image

    "The way this course is designed is really ambitious—but it’s so valuable. Having access to so many different experts—all of whom are active in real project is a great way to learn."

     

    - Jon Forssell. Partner, CAPEX Advisors, Finland.

     

    broken image

    "I got a lot out of working in our team. We really pushed each other and as everybody had a different background I learned a lot from them as well."

    - Nana Gyimah. Project Finance Lead, West Heartfordshire Hospitals, NHS Trust.

    broken image

    "I think the infrastructure and project finance world has been missing a course like this. This mix of practical and theoretical is great—I’ve done other courses which just gave me a bunch of videos to watch—there was no interaction. I look at projects differently now."

    - Hassan Sako. Manager, Deloitte , Côte d’Ivoire.

    broken image

    "The course was an exciting experience. I had the chance to learn the different key elements of financial, legal, contractual, and technical aspects of projects."

    - Maryam Al Mazrouei. Senior Analyst, Masdar, UAE.

    broken image

    "These eight weeks have been really educational for me—it was an amazing journey to be honest."

    - Mahmoud Waly. Senior Investment Associate, Eleswedy Electric, Egypt.

    broken image

    "I improved my modelling but also learned how to get better in other areas such as understanding bankability, project documentation, and how to approach project negotiations."

    - Richard Nguyen Hoa, Corporate Finance, Sunseap Group Pte Ltd, Singapore.

    broken image

    "I was engaged because the course was so engaging. I just really enjoyed the whole process. I think what you guys are doing is really cool and I feel fortunate to have gone through it."

    - Nathan Potter, Business Development Manager, Globeleq, UK.

    broken image

    "Thanks a lot, Kenny and team for the in-depth knowledge in financial modelling. You’ve shared amazing skills and tools. It was a pleasure learning about structured finance, financial foundations, and negotiation. Really an art."

    - Getúlio Magalhães, Spain.

    broken image

    "There has been no other educational experience that I've had that has been as well structured to meet the end goal of attaining knowledge whilst taking away a lot of growth."

    - Ben Metcalf, Project Developer, Galehead Development, USA.

    broken image

    "It was very interesting to learn from a pioneer in the Wind industry on probability scenarios which has become our day to day lives now."

    - Martin Angelov, Chartered Accountant, Siemens, Singapore.

    broken image

    "There is some emotion along the way, we had two rounds of lender negotiations and our first round wasn't that good but we nailed the second. Then we got some really good feedback on our IC presentation, it was quite the journey!"

    - Chiva Thlang, Investment Manager, Palladium, Cambodia.

    broken image

    "The CPFA is an intensive project finance certification program tapping into insights from leading industry practitioners. Applying both the theoretical and practical skills gained, this program has been invaluable to me in my development in PF already."

    - Hussain Emad Ragaban, Senior Consultant, PwC, Saudi Arabia.

    broken image

    "Undoubtedly an exciting and demanding learning experience. Grateful to the team and all the other industry leaders for taking us through a project finance journey."

    - Mohammed Sanusi, Associate Programme officer, IRENA, UAE.

    broken image

    "Very happy to have participated in the CPFA programme. A lot of work and plenty of learning in excellent company, and skills that I have been able to implement immediately in my daily work."

    - Jani Peurakoski, Senior Consultant, Spinverse, Finland.

    broken image

    "I am very grateful to Project Finance Institute for providing an eye-opening experience. The course showed us a glimpse of how the real PF world is working and what skill sets are needed for us in order to succeed in PF projects."

    - Junhyeok Stephen Heo, Senior Analyst, Archangel Ventures Inc.

    broken image

    "I acquired knowledge that takes in its ambit a plethora of Project Financing concepts and roleplay of many stakeholders involved in project financing."

    - Kunjan Choksi, Vice President - Finance & Accounts, JBF Bahrain SPC.

    broken image

    "I now have a better understanding of the impact of different variables on the model outputs tariff / IRR / key metrics, and my understanding of the important features in the different contracts."

    - Léonor Boué-Eger, Finance Manager, GreenYellow.

  • ABOUT YOUR INSTRUCTORS

    OUR FACULTY DELIVERS DECADES OF PROJECT FINANCE EXPERIENCE.

    broken image

    Kenny Whitelaw-Jones

    Partner at Gridlines, Co-Founder of Full Stack Modeller and Project Finance Institute

    Kenny Whitelaw-Jones is one of the leading financial modelling instructors in the Project Finance space having taught more than 20,000 modellers to improve their practice. Kenny is also the Head of Financial Modelling at Cranmore Partners and a Co-Founder of the Project Finance Institute.

    broken image

    Toby Tucker

    Director at Scottish Futures Trust, Financial Modelling Instructor

    Toby is one of our key teaching faculty members at the Project Finance Institute. He is a highly experienced financial advisor and builder of complex financial models, with in-depth knowledge and experience of transactions across most infrastructure-type assets. He is passionate about teaching and sharing his skills and knowledge.

  • ENQUIRE TODAY

    Are you looking to upskill your team? Let us know your organisation's training goals and how we can help you achieve them.

    Project Finance Institute
    The Old Church School
    Butts Hill
    Frome, Somerset BA11 1HR
    United Kingdom
    24/7
    020 8945 7060