Project Financing: Asset-Based Financial Engineering, Third Edition

  • 10h 19m
  • John D. Finnerty
  • John Wiley & Sons (US)
  • 2013

A timely update to one of the most well-received books on project financing

As an effective alternative to conventional direct financing, project financing has become one of the hottest topics in corporate finance. It's being used more and more frequently—and more successfully—on a wide variety of high-profile corporate projects, and has long been used to fund large-scale natural resource projects. But the challenges of successful project financing are immense, and the requirements of the process can easily be misunderstood. That's why John Finnerty has returned with the Third Edition of Project Financing.

Drawing on his vast experience in the field, Finnerty takes you through the process step by step. Using updated examples and case studies that illustrate how to apply the analytical techniques described in the book, he covers the rationale for project financing, how to prepare the financial plan, assess the risks, design the financing mix, raise the funds, and much more.

  • Includes completely new chapters that cover the financing of sustainable projects as well as Sharia-compliant (Islamic) project financing
  • New material has been added to the discussion of financial modeling and international debt financing
  • Explores today's most innovative financing techniques and analyzes the shortcomings of unsuccessful project financing attempts

Whether you're a corporate finance professional, project planner, or private investor, Project Financing, Third Edition demystifies the complexities of project financing and provides an invaluable guide for anyone who wants to master innovation in corporate finance today.

About the Author

John D. Finnerty, PhD, is Professor of Finance at Fordham University's Graduate School of Business and served as the founding director of the MS in Quantitative Finance Program. He is also Managing Principal of Finnerty Economic Consulting, LLC, which specializes in business valuation, securities valuation, solvency analysis, calculation of damages, and litigation support. Finnerty has testified as an expert in valuation, securities, and other financial matters in federal and state court, and in arbitration and mediation proceedings. His research focuses on corporate finance, including project financing and fixed income securities and derivatives valuation. Finnerty has published thirteen books, including the first and second editions of Project Financing, and more than one hundred articles and professional papers. He is a former president and director of the Fixed Income Analysts Society, and a former president, director, and chair of the trustees of the Eastern Finance Association. Finnerty is a trustee of the Eastern Finance Association and a Director of the Financial Management Association. He was inducted into the Fixed Income Analysts Society Hall of Fame in 2011.

In this Book

  • What Is Project Financing?
  • The Rationale for Project Financing
  • What Is Special about Large Projects?
  • Who Finances Large Projects?
  • Analyzing Project Viability
  • Analysis and Financing of Renewable Energy Projects
  • Designing Security Arrangements
  • Structuring the Project
  • Preparing the Project Financing Plan
  • Discounted Cash Flow Analysis
  • Financial Modeling and Project Evaluation
  • Using Real-Options Analysis to Evaluate a Project
  • Sources of Project Funds
  • Managing Project Risks
  • Sharia-Compliant Project Financing
  • Issues for the Host Government
  • Case Study: The Indiantown Cogeneration Project
  • Case Study: The Tribasa Toll Road Project
  • Case Study: The Euro Disneyland Project
  • Case Study: The Eurotunnel Project
  • Conclusion
  • Notes
  • Websites
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