Description
Project finance is the financial heartbeat of modern development—the system that turns ambitious ideas into power plants, refineries, transport systems, and renewable energy parks. Global Project Finance is a groundbreaking reference that combines theory, practice, and modelling into a comprehensive guide for anyone shaping the world’s next generation of infrastructure. Spanning 11 parts and 51 chapters, the book blends finance, law, engineering, and economics into a single, applied methodology. It walks readers through every stage of a transaction—from concept design and risk allocation to legal documentation, financial modelling, and lender negotiations. Complex topics such as DSCR, LLCR, PLCR, and IRR are explained through clear equations, real-world cases, and fully stress-tested models drawn from global energy and infrastructure deals. Designed for graduate and postgraduate students, bankers, lawyers, engineers, and government policymakers, the book provides practical tools to analyse, structure, and close project finance transactions. It reveals how lenders evaluate bankability, how contracts and financial models interact, and how risk is transformed into resilience through disciplined structuring. Each chapter bridges academic rigour with professional execution, empowering readers to move confidently between classroom theory and boardroom decision-making. Whether you are assessing a refinery’s credit metrics, designing a PPA for a power project, or structuring a public–private partnership, this book provides the complete roadmap from feasibility to financial close.