90548 - Introduction To Project Financing

Academic Year 2026/2027

  • Teaching Mode: In-person learning (entirely or partially)
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in Economics and Finance (cod. 8835)

Learning outcomes

The aim of the course is to provide students with the basics of Project Financing and Public-Private Partnership through an integrated methodology, which comprise both theoretical aspects and practical ones (case studies). Topics will be analyzed both on a domestic and international basis. At the end of the course, students will be able to deal with the main aspects of the PF/PPP procedure, to manage the construction of the financial model according to the DCFA, to have a firm grasp of risk assessment and risk allocation.

Course contents

What is Project Finance?

The architecture of PF

The main players

The Project Agreement

Sub Contracts

Risk and its assessment

The financial model

Public Sector Financial Support

Readings/Bibliography

Slides uploaded on Virtuale

E.R. Yescombe Principles of Project Finance AP 2014, second edition

Teaching methods

Vis-a-vis lectures

Joint lectures with selected guest speakers 

Assessment methods

Written exam (multiple choice). No mid-term exam

No use of AI. Cell phones, smart watches, I-Pad not allowed

Teaching tools

A simple financial model in Excel will be provided and uploaded on Virtuale

Office hours

See the website of Renzo Baccolini