Principles of Project Finance 2nd Edition

The Second Edition of this bestselling guide offers a comprehensive and updated introduction to project finance, tailored for practitioners navigating today’s evolving financial landscape. Incorporating recent changes in credit markets and emerging practices in deal structuring, the book delivers a clear and balanced overview of the key elements that drive successful project financing.

Blending legal, contractual, scheduling, and financial insights, this edition emphasizes the core principles and practical tools necessary for financing large-scale projects. With expanded content and fresh perspectives, it serves as an essential resource for professionals involved in commercial and financial negotiations. Extensive cross-references and a detailed glossary further enhance its usability as both a learning and reference tool.

Key Features:

• Explains the fundamentals of project finance and how it relates to other financing methods

• Breaks down key components such as funding sources, major commercial contracts (e.g., construction and service agreements), and their impact on financing structures

• Offers a thorough approach to risk analysis from the perspectives of lenders, investors, and project stakeholders

• Covers how financiers assess the risks and returns of a project

• Examines the public sector’s role in public-private partnerships and infrastructure financing

• Details how these aspects are addressed in typical project finance agreements

Ideal for professionals seeking a solid grasp of project finance mechanics and those aiming to navigate complex infrastructure deals with confidence.