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Introduction to Project Finance

4th April 2012, London

Overview:

Project finance is not only one of the most popular methods of raising finance for major energy, infrastructure and transport projects, but also one of the safest kinds of structured credit for banks. This masterclass will introduce the fundamental drivers and techniques of successful project financings, and discuss how borrowers can achieve the best terms and loan pricing in the current project finance market. Introduction to Project Finance will look at market trends, deals, debt pricing, covenants, models and risk. It will put key business intelligence at the forefront of the agenda, with a focus on new markets and will allow for informed future decisions.

The master class will look at risk identification (technical, environmental, economic and political) in emerging markets in order to look at acceptable operations and secure valuable financial investments for the future.

 
  Why you should attend:
  • Understand the essential characteristics of project finance
  • Gain tools, techniques and information to immediately benefit your business
  • Learn about a wide range of financing alternatives
  • Gain an understanding of the principles of project risk identification, mitigation and allocation
  • Discuss the ways that controlled project accounts can be used in project finance
  • High level of contact with expert speaker

  

About your masterclass leader:

Andrew Petry is the head of Addleshaw Goddard LLP's Energy & Infrastructure Finance practice.  He has 20 years of international finance experience gained from a career spanning periods based in  London, two periods based in Hong Kong and five years based in the Amsterdam office of a major international law firm building a finance practice from a greenfield operation.  His substantive experience includes leveraged acquisition finance, restructurings, Islamic finance, secured and unsecured lending and structured finance but his passion remains project finance and the Energy and Infrastructure Finance sector. His love affair with the sector started with his role as lead finance lawyer for the Sponsors on the Laibin B Power transaction which was the first project financing under the PRC's BOT Law introduced in the mid 1990s and Asia Project Finance Deal of the year for 1997.
 
 
Company Profile:

Addleshaw Goddard LLP is a leading full service UK based international law firm, providing quality advice across four divisions: Corporate, Contentious & Commercial, Finance & Projects and Real Estate. 
Built on a culture that is forward looking and supportive, commercial and straightforward, the firm's strategy is to focus on FTSE 350 companies and comparable organisations such as Fortune 500 companies, financial institutions, public sector bodies, successful businesses and private entrepreneurs. 
 
     

 

 

 

 

 

 

Supported by:

 

Rigsworld is the most complete source of current information in the oil and drilling industry. We are designed to meet the needs of engineers, managers and executives throughout the drilling industry by providing daily news and information about upcoming technologies, events, conferences, Jobs and trainings. We are a company that utilizes all the different aspects of marketing by bringing together all different point of views from producers, engineers, contractors, managers and power users to one simple place. Rigsworld online medium is an opportunity to extend your marketing reach and provide more interactive offers to readers and potential clients. http://www.rigsworld.com/

   

 

 

 

 

 

Balkans.com Business News is a prominent and recognized voice for business globally. As a Balkans business resource, we provide up-to-date daily news and weekly reviews, market research, financial reports, company news linking and database of companies who do business in Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Cyprus, FYR Macedonia, Greece, Montenegro, Romania, Serbia, Slovenia and Turkey. In addition, our notable industry news section provides detailed information on business happenings for over 30 specific industries. Our readers are high-level executives, business leaders, educational institutions, investors, business owners and government institutions throughout the world. The business-only website in English, Serbian and Greek keeps our readers up-to-date with its comprehensive coverage of the region, in-depth analysis of industries and business opportunities, interviews with business leaders, special reports and a searchable database.
http://www.balkans.com/index.php

   
Because you need to know what's going on and why, NewsBase has been delivering timely and accurate business and economic news, analysis and intelligence from emerging markets since 1995. NewsBase customers include oil and gas companies in all areas of the industry, investment banks, consultancies, government agencies, law firms, accountancies, as well as academics and economists. Our weekly Oil & Gas, Unconventional Resources, LNG, Power, Renewable Energy and Carbon Emissions reports provide commentary and analysis on Africa, Asia, Asia Pacific, Europe, Latin America, China, the Middle East, North America, Russia and the CIS, and Western, Central & Eastern Europe. For a free trial of any report, please visit www.newsbase.com, call us direct on +44 131 478 7000 or email: news@newsbase.com      

 

Masterclass programme

8:30 Registration & Coffee

9:00 Chairman's Opening Remarks

Andrew Petry

Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

9:10 Project finance - who does it and why?

Andrew Petry

Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • The BOT star
  • The types of parties that get involved
  • The types of assets that lend themselves to project financing
  • 10:00 The project agreement and procurement

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • The government or procuring party's perspective
  • The bidder's perspective
  • The funder's perspective
  • 10:45 Morning Coffee

    11:00 Brief presentation on risk allocation

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • Principles of project risk identification, mitigation and allocation
  • Key project finance/bankability fundamentals
  • Preparing for the risk exercise
  • 12:00 Risk

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • Allocating risk workshop involving delegate participation
  • 12:45 Networking Lunch

    13:45 Risk (continued)

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • Allocating risk workshop involving delegate participation
  • 14:30 The finance documents

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • An introduction to credit agreements, multi source financing structures and a discussion of their principal terms
  • 15:45 Afternoon Tea

    16:15 Security including direct agreements

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

  • This session will cover direct agreements between lenders and a project's key commercial counterparties, and the nature and extent of the convents that they typically contain
  • 17:00 Chairman’s Closing Remarks and Close of Day One

    Andrew Petry

    Andrew Petry, Partner and Head of Energy & Infrastructure Finance, Addleshaw Goddard

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