90548 - Introduction To Project Financing

Academic Year 2019/2020

  • Teaching Mode: Traditional lectures
  • 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

PF: Basic Characteristics

PF Structures

Sponsors, Lenders, Banks and General Contractors

Project Agreements

Risk Assessment

Financial Structuring

The Financial Model

Readings/Bibliography

E.R. Yescombe, Principles of Project Finance, Academic Press, Second Edition, 2014.

S. Gatti, Project Finance in Theory and Practice, Academic Press, Third Edition, 2018.

R.A. Brealey, S.C. Myers, Principles of Corporate Finance, McGraw-Hill, 1991.

Eurostat 2016.

Assessment methods

Final oral exam (TBD)

Office hours

See the website of Renzo Baccolini