Finnerty Project Financing

Asset-Based Financial Engineering
3. Auflage 2013
ISBN: 978-1-118-42184-0
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 560 Seiten, E-Book

Reihe: Wiley Finance Editions

A timely update to one of the most well-received books onproject financing
As an effective alternative to conventional direct financing,project financing has become one of the hottest topics in corporatefinance. It's being used more and more frequently--and moresuccessfully--on a wide variety of high-profile corporateprojects, and has long been used to fund large-scale naturalresource projects. But the challenges of successful projectfinancing are immense, and the requirements of the process caneasily be misunderstood. That's why John Finnerty has returned withthe Third Edition of Project Financing.
Drawing on his vast experience in the field, Finnerty takes youthrough the process step by step. Using updated examples and casestudies that illustrate how to apply the analytical techniquesdescribed in the book, he covers the rationale for projectfinancing, 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 ofsustainable projects as well as Sharia-compliant (Islamic) projectfinancing
* New material has been added to the discussion of financialmodeling and international debt financing
* Explores today's most innovative financing techniques andanalyzes the shortcomings of unsuccessful project financingattempts
Whether you're a corporate finance professional, projectplanner, or private investor, Project Financing, ThirdEdition demystifies the complexities of project financing andprovides an invaluable guide for anyone who wants to masterinnovation in corporate finance today.

Autoren/Hrsg.

Finnerty, John D.

Inhaltsverzeichnis

Preface xi
Acknowledgments xv
CHAPTER 1 What Is Project Financing? 1
CHAPTER 2 The Rationale for Project Financing 13
CHAPTER 3 What Is Special about Large Projects? 33
CHAPTER 4 Who Finances Large Projects? 53
CHAPTER 5 Analyzing Project Viability 71
CHAPTER 6 Analysis and Financing of Renewable Energy Projects 91
CHAPTER 7 Designing Security Arrangements 115
CHAPTER 8 Structuring the Project 131
CHAPTER 9 Preparing the Project Financing Plan 151
CHAPTER 10 Discounted Cash Flow Analysis 169
CHAPTER 11 Financial Modeling and Project Evaluation 193
CHAPTER 12 Using Real-Options Analysis to Evaluate a Project 215
CHAPTER 13 Sources of Project Funds 239
CHAPTER 14 Managing Project Risks 271
CHAPTER 15 Sharia-Compliant Project Financing 305
CHAPTER 16 Issues for the Host Government 331
CHAPTER 17 Case Study: The Indiantown Cogeneration Project 347
CHAPTER 18 Case Study: The Tribasa Toll Road Project 379
CHAPTER 19 Case Study: The Euro Disneyland Project 399
CHAPTER 20 Case Study: The Eurotunnel Project 431
CHAPTER 21 Conclusion 457
APPENDIX A Comparative Terms of Selected Projects 463
APPENDIX B Other Examples of Project Financings 475
APPENDIX C Legal Investment Requirements Governing New York Life Insurance Companies 489
Notes 495
Bibliography 513
Websites 521
Index 523

Über Autor(innen)

John D. Finnerty, PhD, is Professor of Finance at FordhamUniversity's Graduate School of Business and served as the foundingdirector of the MS in Quantitative Finance Program. He is alsoManaging Principal of Finnerty Economic Consulting, LLC, whichspecializes in business valuation, securities valuation, solvencyanalysis, calculation of damages, and litigation support. Finnertyhas testified as an expert in valuation, securities, and otherfinancial matters in federal and state court, and in arbitrationand mediation proceedings. His research focuses on corporatefinance, including project financing and fixed income securitiesand derivatives valuation. Finnerty has published thirteen books,including the first and second editions of ProjectFinancing, and more than one hundred articles and professionalpapers. He is a former president and director of the Fixed IncomeAnalysts Society, and a former president, director, and chair ofthe trustees of the Eastern Finance Association. Finnerty is atrustee of the Eastern Finance Association and a Director of theFinancial Management Association. He was inducted into the FixedIncome Analysts Society Hall of Fame in 2011.