Welcome to the online support for the International Project Finance MBA module

Additional materials
Notes as appendices, sample termsheets and documents, and an online cashflow model - are referred to in the various units of the module. They are available using the links in the adjacent panel.

News items
International Project Finance is a subject that is alive so following developments is vital. News reports in both the specialist press like pfi magazine, Euromoney and the Economist and the quality newspapers are essential reading. A selection of news items is available online using the links below.

The case against PFI
Unison 1st October 2006

Eurotunnel: End of the line?

Times 3rd August 2006

Private companies aren't better at providing public services
an article by Dave Prentis (general secretary of Unison)
Guardian 26th September 2005

PFI - quality control v value for money
an article with contributions from Dave Prentis (general secretary of Unison) and Robin Herzberg (managing director of private finance with Carillion, a leading UK construction group)
Times on 17th May 2005



















Unit 8: Project cashflow models
Project cashflow models


Appendices

1
Typical contractual matrix for a power generation project
2
Private sector participation chart
3
Risk matrix chart
4
Limited recourse diagram
5
Nigerian LNG project - contractual arrangements diagram
6
Checklist of the documents in a project finance transaction
7
Projects and infrastructure chain with oil and gas projects
8
Credit enhanced bond issue diagram
9
Project finance rankings
10
Checklist for a technical review of a natural gas project
11
Checklist for a technical review of a power generation project
12
Unexpected commissioning difficulties with a gas turbine power plant
13
New Electricity Trading Arrangements or NETA
14
Letters from City investment institutions in 2002 regarding the Railtrack collapse
15
Lender controls and ratios
16
Project sourcing, funding and financing chart
17
Foreign exchange and interest rate hedging
18
Political and country risks note
19
Cashflow model layout diagram
20
Programme manager competencies research
21
FRS5 and Application Note F
22
Consolidating a project on a sponsor's balance sheet - an illustration
23
New Scottish Parliament building
24
Syndicated loan structure
25
Export credit agencies
26
World Bank cofinancings
27
Project appraisal methodology & checklist
28
Indexation of contracts for tariff adjustments
29
Lenders' endorsement for project insurances
30
Project company events of default
31
Termination flow chart
32
Issue ratings definitions
33
Petrobras rig explosion
34
Security for project lenders
35
Concession & implementation agreements
36
Concession outline termsheet
37
Shareholder agreement - an outline
38
Power purchase agreement considerations
39
Offtake agreement outline termsheet
40
Gas supply agreement outline termsheet
41
Operations & maintenance agreement termsheet
42
Turnkey construction contract outline termsheet
43
Project loan facilities termsheet
44
Unison views on PFI - May 2006.
45
Unison views on PFI - September 2005.
46
PFI pros and cons article - May 2005