Project Finance: Structuring, Valuation and Risk Management for Major Projects
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cham
Springer International Publishing AG
2022
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Ausgabe: | 1st ed |
Schriftenreihe: | Management for Professionals Series
|
Schlagworte: | |
Online-Zugang: | DE-2070s |
Beschreibung: | Description based on publisher supplied metadata and other sources |
Beschreibung: | 1 Online-Ressource (321 Seiten) |
ISBN: | 9783030967253 |
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245 | 1 | 0 | |a Project Finance |b Structuring, Valuation and Risk Management for Major Projects |
250 | |a 1st ed | ||
264 | 1 | |a Cham |b Springer International Publishing AG |c 2022 | |
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505 | 8 | |a Project Finance -- Preface -- Acknowledgments -- Contents -- 1: Trends in Infrastructure Industry -- 1.1 Sustainability in Infrastructure Industry -- 1.2 Global Trends in Infrastructure financing -- 1.3 Infrastructural Developments in Different Regions -- 1.4 Sectoral Trends -- 1.5 Infrastructure Financing and Role of Institutional Investors -- 1.6 Role of Private Sector in Infrastructure Development -- 1.7 Private Infrastructure Finance in Europe -- 1.8 Sources of Infrastructure Financing -- 1.8.1 Debt Finance -- 1.8.2 Sources of Capital-Equity -- 1.9 Alternate Sources of Financing: Institutional Investors -- 1.10 Superannuation Funds/Insurers -- 1.11 Challenges for Infrastructure Investments by Institutional Investors -- 1.12 Impact of Global Financial Crisis 2008 on Infrastructure Financing -- 1.13 Impact of Covid 19 on Infrastructure Industry -- 1.14 Megatrends Shaping Infrastructure Industry: A Reflection -- 1.15 Classification of Infrastructure -- 1.16 Listed Infrastructure Equity Financing -- 1.17 Infrastructure Funds -- 1.18 Infrastructure Investors -- 1.19 Cofunding in Infrastructure Projects -- 1.20 Alternate Procurement Mechanisms in Infrastructure Projects -- 1.21 Public Private Partnership (PPP): Forms -- 1.22 Mega Projects Under PPP -- 1.23 Infrastructure Investment in Gulf -- 1.24 History of Project Finance -- 1.25 Characteristics of Project Finance -- 1.26 Private Partnership in Infrastructure (PPI) Statistics -- 1.27 Infrastructure Finance League Statistics -- 1.28 Flagship Projects in Transportation Sector -- 1.29 Suez Canal -- 1.30 Panama Canal -- 1.31 Channel Tunnel -- 1.32 Belt and Road Initiative -- 1.33 Resund Bridge -- 1.34 Vasco da Gama Bridge (Portugal) -- References -- Further Reading -- 2: Infrastructure Financing Instruments -- 2.1 Challenges of Infrastructure Financing -- 2.2 Financing Instruments and Channels | |
505 | 8 | |a 2.3 Infrastructure Project Finance -- 2.4 Project Mezzanine Finance -- 2.5 Project Equity Finance -- 2.6 Corporate Balance Sheet Finance -- 2.7 Hybrid Instruments -- 2.8 Equity Instruments -- 2.9 Market Vehicles -- 2.10 Bond Market Debt Instruments -- 2.11 Debt Instruments: Syndicated Loans and Bank Loans -- 2.12 Corporate Bonds -- 2.13 Euro Marketable Securities -- 2.14 Other Innovative Bonds -- 2.15 Project Bonds -- 2.16 Green Bonds -- 2.17 Islamic or Sukuk Bonds -- 2.18 Securitization and Asset Backed Securities -- 2.19 Debt Funds -- 2.20 Direct Lending and Co Investment Platforms -- 2.21 Mezzanine Funds -- 2.22 Convertible Bonds and Preferred Equity -- 2.23 Listed Infrastructure Firms -- 2.24 Listed Infrastructure Funds -- 2.25 Yieldcos -- 2.26 Specialized Equity Instruments -- 2.27 Direct Equity Investment in Unlisted Firms and Co Investment Platforms -- 2.28 Leasing -- 2.29 Standardized Contracts -- 2.30 Aggregation -- 2.31 Securitization -- 2.32 Public Finance and Its Role in Infrastructural Development -- 2.33 Export Credit Agencies -- 2.34 World Bank Group -- 2.35 European Bank for Reconstruction and Development (EBRD) -- 2.36 European Investment Bank (EIB) -- 2.37 Asian Development Bank (ADB) -- 2.38 African Development Bank (AfDB) -- 2.39 Inter-American Development Bank (IDB) -- 2.40 Common Wealth Development Corporation (CDC) -- References -- Further Reading -- 3: Risks Inherent in Project Finance and Its Mitigation -- 3.1 Types of Risk -- 3.1.1 Construction Risk -- 3.1.2 Political and Regulatory Risk -- 3.1.3 Policy or Regulatory Risk -- 3.1.4 Macroeconomic or Business Risks -- 3.1.5 Currency Risk -- 3.1.6 Liquidity Risks -- 3.1.7 Technical Risk -- 3.1.8 Completion Risk -- 3.1.9 Operation Risk -- 3.1.10 Market Risk -- 3.1.11 Reserve/Production Risk -- 3.1.12 Supply Risk -- 3.1.13 Technology Risk -- 3.1.14 Revenue Risk | |
505 | 8 | |a 3.1.15 Obsolescence Risk -- 3.1.16 Industry Risks -- 3.1.17 Force Majeure or Event Risks -- 3.1.18 Counter Party Risk -- 3.1.19 Legal and Structural Risks -- 3.1.20 Refinancing Risk -- 3.1.21 Resource Risk -- 3.2 Risk Mitigation -- 3.3 Financial Risk Mitigation Instruments-Guarantees -- 3.4 Direct Guarantees -- 3.5 Different Forms of Guarantees -- 3.6 Management Agreements -- 3.7 Equity Contribution Agreements -- 3.8 Collateral Warranties -- 3.9 Direct Agreements -- 3.10 Government Support Agreement -- 3.11 Comfort Letters -- 3.12 Public Sector Guarantees -- 3.13 Government Guarantee -- 3.14 Alternatives to Government Guarantees -- 3.15 Private Sector Guarantees and Insurance -- 3.16 Project Insurance -- 3.17 Political Risk Insurance -- 3.18 Partial Risk Guarantee -- 3.19 Partial Credit Guarantee -- 3.20 Export Credit Guarantee -- 3.21 Currency Risk Mitigation Instruments: Derivative Contracts -- 3.22 Currency Risk Guarantee Fund -- 3.23 Local Currency Lending -- 3.24 Liquidity Risk mitigation Instruments-Internal Techniques -- 3.25 Liquidity Risk Mitigation Instruments: External Liquidity Techniques -- 3.26 Liquidity Guarantee -- 3.27 Put Options -- 3.28 Resource Risk Mitigation -- 3.29 Grants -- 3.29.1 Convertible Grants -- 3.29.2 Guarantee Funds -- 3.29.3 Exploration Insurance -- 3.29.4 Portfolio Guarantees -- 3.29.5 Advance Payment Contracts -- 3.30 Availability Payments -- 3.30.1 Offtake Contracts -- 3.30.2 Capital Financing -- 3.30.3 Grants and Taxation -- 3.30.4 Designing Security Arrangements for Projects -- 3.31 Completion Agreement -- 3.32 Concession Agreement -- 3.33 Construction Agreement -- 3.34 Operating and Maintenance Agreements -- 3.35 Performance Bonds -- 3.36 Fuel Supply Agreement -- 3.37 Sales/Offtake Agreement -- 3.37.1 Throughput Agreement -- 3.37.2 Take if Needed Contracts -- 3.37.3 Put or Pay Contracts -- References | |
505 | 8 | |a 4: Structuring and Implementation of the Project -- 4.1 Stakeholders in Project Financing -- 4.2 Project Documents -- 4.3 Build Operate Transfer Model -- 4.4 Forward Purchase Model -- 4.5 Borrowing Base Model -- 4.5.1 Issues in Project Finance Loan Documentation -- 4.6 Completion Issues -- Further Reading -- 5: Case 1: The Chuo Shinkansen Project, Japan -- Further Reading -- 6: Case 2: Developing the World's Largest Passenger Aircraft-Airbus A3XX -- 6.1 Reflections on Airbus A3XX -- 6.2 Financing the Project -- 6.3 Project Features -- 6.4 Risks Involved in the Project -- 6.5 Risk Mitigation Strategy -- 6.6 Delivery -- 6.7 Challenges for A3XX -- Further Reading -- 7: Case 3: South North Water Transfer Project China -- 7.1 Project Highlights in Different Routes -- 7.2 Financing the Project -- 7.3 Risks and Mitigation Strategies for SNWT Project -- 7.4 Project Structuring -- 7.5 Project Status -- Further Reading -- 8: Case 4: Dubailand Project -- 8.1 Retail and Entertainment World -- 8.2 Themed Leisure and Vacation World -- 8.3 Eco Tourism World -- 8.4 Sports and Outdoor World -- 8.5 Downtown -- 8.6 Strategic Alliances -- 8.7 Cancelled Projects -- Further Reading -- 9: Case 5: International Space Station -- Space Station Facts -- 9.1 Cost of the Project -- 9.2 Structuring of the Project -- Further Reading -- 10: Case 6: Al Maktoum International Airport -- 10.1 Financing of the Project -- 10.2 Risks Perspectives -- Further Reading -- 11: Case 7: California High Speed Rail Project -- 11.1 Economic and Social Impact of the Project -- 11.2 Program Expenditure -- 11.3 Sources of Financing -- 11.4 Sustainability Initiatives -- 11.5 Major Milestones -- 11.6 Risk Inherent in the High Speed Rail Project -- 11.7 Risk Mitigation Strategy -- Further Reading -- 12: Case 8: London Cross Rail Project -- 12.1 Features of the Project -- 12.2 Sources of Financing | |
505 | 8 | |a 12.3 Social and Economic Impact of the Project -- 12.4 Sustainability Initiatives of the Project -- 12.5 Project Progress -- 12.6 Risks in the Project -- Further Reading -- 13: Case 9: Beijing Daxing International Airport -- 13.1 Structuring of the Daxing Airport -- 13.2 Construction Cost -- 13.3 Financing -- 13.4 Development Fund -- 13.5 Economic Impact -- 13.6 Potential Risks -- Further Reading -- 14: Case: 10 Jubail II Industrial City -- 14.1 Industrial Incentives -- 14.2 Green Initiatives -- 14.3 Challenges and Risks -- 14.4 Status Quo -- 14.5 Economic Impact -- Further Reading -- 15: Case 11: Hong Kong Zhuhai Macao Bridge (HZMB) -- 15.1 Hong Kong Link Road (HKLR) -- 15.2 Hong Kong Port -- 15.3 Financing of the Project -- 15.4 Economic Impact of the Project -- 15.5 Risks Inherent in the Project -- Further Reading -- 16: Case 12: Gotthard Base Tunnel (GBT) -- 16.1 Cost and Financing of the Project -- 16.2 Economic Impact -- 16.3 Structuring of the Project -- 16.4 Risk Management of the Project -- Further Reading -- 17: Case 13: Channel Tunnel UK -- 17.1 Cost and Financing -- 17.2 Structuring -- 17.3 Risks Mitigation -- 17.4 Impact of the Project -- 17.5 Problems Faced by the Project -- Further Reading -- 18: Case 14: Doha Metro -- 18.1 Structuring -- 18.2 Financing -- 18.3 Significance of the Project -- 18.4 Risks Involved in the Project -- 18.5 Main Contractors of the Project -- Further Reading -- 19: Case 15: Panama Canal Expansion -- 19.1 Expansion of the Project -- 19.2 Sources of Financing -- 19.3 Impact of the Project -- 19.4 Risks Involved in the Project -- Further Reading -- 20: Case 16: Three Gorges Dam-The World's Largest Hydroelectric Plant -- 20.1 Funding and Costs of the Project -- 20.2 Significance of the Project -- 20.3 Challenges and Risk -- Further Reading -- 21: Case 17: One World Trade Center -- 21.1 Cost of Funding | |
505 | 8 | |a 21.2 Risks and Challenges | |
650 | 4 | |a Project management | |
650 | 4 | |a Business enterprises-Finance | |
650 | 4 | |a Financial risk management | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Kumar, B. Rajesh |t Project Finance |d Cham : Springer International Publishing AG,c2022 |z 9783030967246 |
912 | |a ZDB-30-PQE | ||
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Datensatz im Suchindex
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adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Kumar, B. Rajesh |
author_facet | Kumar, B. Rajesh |
author_role | aut |
author_sort | Kumar, B. Rajesh |
author_variant | b r k br brk |
building | Verbundindex |
bvnumber | BV049019491 |
classification_rvk | QP 750 |
collection | ZDB-30-PQE |
contents | Project Finance -- Preface -- Acknowledgments -- Contents -- 1: Trends in Infrastructure Industry -- 1.1 Sustainability in Infrastructure Industry -- 1.2 Global Trends in Infrastructure financing -- 1.3 Infrastructural Developments in Different Regions -- 1.4 Sectoral Trends -- 1.5 Infrastructure Financing and Role of Institutional Investors -- 1.6 Role of Private Sector in Infrastructure Development -- 1.7 Private Infrastructure Finance in Europe -- 1.8 Sources of Infrastructure Financing -- 1.8.1 Debt Finance -- 1.8.2 Sources of Capital-Equity -- 1.9 Alternate Sources of Financing: Institutional Investors -- 1.10 Superannuation Funds/Insurers -- 1.11 Challenges for Infrastructure Investments by Institutional Investors -- 1.12 Impact of Global Financial Crisis 2008 on Infrastructure Financing -- 1.13 Impact of Covid 19 on Infrastructure Industry -- 1.14 Megatrends Shaping Infrastructure Industry: A Reflection -- 1.15 Classification of Infrastructure -- 1.16 Listed Infrastructure Equity Financing -- 1.17 Infrastructure Funds -- 1.18 Infrastructure Investors -- 1.19 Cofunding in Infrastructure Projects -- 1.20 Alternate Procurement Mechanisms in Infrastructure Projects -- 1.21 Public Private Partnership (PPP): Forms -- 1.22 Mega Projects Under PPP -- 1.23 Infrastructure Investment in Gulf -- 1.24 History of Project Finance -- 1.25 Characteristics of Project Finance -- 1.26 Private Partnership in Infrastructure (PPI) Statistics -- 1.27 Infrastructure Finance League Statistics -- 1.28 Flagship Projects in Transportation Sector -- 1.29 Suez Canal -- 1.30 Panama Canal -- 1.31 Channel Tunnel -- 1.32 Belt and Road Initiative -- 1.33 Resund Bridge -- 1.34 Vasco da Gama Bridge (Portugal) -- References -- Further Reading -- 2: Infrastructure Financing Instruments -- 2.1 Challenges of Infrastructure Financing -- 2.2 Financing Instruments and Channels 2.3 Infrastructure Project Finance -- 2.4 Project Mezzanine Finance -- 2.5 Project Equity Finance -- 2.6 Corporate Balance Sheet Finance -- 2.7 Hybrid Instruments -- 2.8 Equity Instruments -- 2.9 Market Vehicles -- 2.10 Bond Market Debt Instruments -- 2.11 Debt Instruments: Syndicated Loans and Bank Loans -- 2.12 Corporate Bonds -- 2.13 Euro Marketable Securities -- 2.14 Other Innovative Bonds -- 2.15 Project Bonds -- 2.16 Green Bonds -- 2.17 Islamic or Sukuk Bonds -- 2.18 Securitization and Asset Backed Securities -- 2.19 Debt Funds -- 2.20 Direct Lending and Co Investment Platforms -- 2.21 Mezzanine Funds -- 2.22 Convertible Bonds and Preferred Equity -- 2.23 Listed Infrastructure Firms -- 2.24 Listed Infrastructure Funds -- 2.25 Yieldcos -- 2.26 Specialized Equity Instruments -- 2.27 Direct Equity Investment in Unlisted Firms and Co Investment Platforms -- 2.28 Leasing -- 2.29 Standardized Contracts -- 2.30 Aggregation -- 2.31 Securitization -- 2.32 Public Finance and Its Role in Infrastructural Development -- 2.33 Export Credit Agencies -- 2.34 World Bank Group -- 2.35 European Bank for Reconstruction and Development (EBRD) -- 2.36 European Investment Bank (EIB) -- 2.37 Asian Development Bank (ADB) -- 2.38 African Development Bank (AfDB) -- 2.39 Inter-American Development Bank (IDB) -- 2.40 Common Wealth Development Corporation (CDC) -- References -- Further Reading -- 3: Risks Inherent in Project Finance and Its Mitigation -- 3.1 Types of Risk -- 3.1.1 Construction Risk -- 3.1.2 Political and Regulatory Risk -- 3.1.3 Policy or Regulatory Risk -- 3.1.4 Macroeconomic or Business Risks -- 3.1.5 Currency Risk -- 3.1.6 Liquidity Risks -- 3.1.7 Technical Risk -- 3.1.8 Completion Risk -- 3.1.9 Operation Risk -- 3.1.10 Market Risk -- 3.1.11 Reserve/Production Risk -- 3.1.12 Supply Risk -- 3.1.13 Technology Risk -- 3.1.14 Revenue Risk 3.1.15 Obsolescence Risk -- 3.1.16 Industry Risks -- 3.1.17 Force Majeure or Event Risks -- 3.1.18 Counter Party Risk -- 3.1.19 Legal and Structural Risks -- 3.1.20 Refinancing Risk -- 3.1.21 Resource Risk -- 3.2 Risk Mitigation -- 3.3 Financial Risk Mitigation Instruments-Guarantees -- 3.4 Direct Guarantees -- 3.5 Different Forms of Guarantees -- 3.6 Management Agreements -- 3.7 Equity Contribution Agreements -- 3.8 Collateral Warranties -- 3.9 Direct Agreements -- 3.10 Government Support Agreement -- 3.11 Comfort Letters -- 3.12 Public Sector Guarantees -- 3.13 Government Guarantee -- 3.14 Alternatives to Government Guarantees -- 3.15 Private Sector Guarantees and Insurance -- 3.16 Project Insurance -- 3.17 Political Risk Insurance -- 3.18 Partial Risk Guarantee -- 3.19 Partial Credit Guarantee -- 3.20 Export Credit Guarantee -- 3.21 Currency Risk Mitigation Instruments: Derivative Contracts -- 3.22 Currency Risk Guarantee Fund -- 3.23 Local Currency Lending -- 3.24 Liquidity Risk mitigation Instruments-Internal Techniques -- 3.25 Liquidity Risk Mitigation Instruments: External Liquidity Techniques -- 3.26 Liquidity Guarantee -- 3.27 Put Options -- 3.28 Resource Risk Mitigation -- 3.29 Grants -- 3.29.1 Convertible Grants -- 3.29.2 Guarantee Funds -- 3.29.3 Exploration Insurance -- 3.29.4 Portfolio Guarantees -- 3.29.5 Advance Payment Contracts -- 3.30 Availability Payments -- 3.30.1 Offtake Contracts -- 3.30.2 Capital Financing -- 3.30.3 Grants and Taxation -- 3.30.4 Designing Security Arrangements for Projects -- 3.31 Completion Agreement -- 3.32 Concession Agreement -- 3.33 Construction Agreement -- 3.34 Operating and Maintenance Agreements -- 3.35 Performance Bonds -- 3.36 Fuel Supply Agreement -- 3.37 Sales/Offtake Agreement -- 3.37.1 Throughput Agreement -- 3.37.2 Take if Needed Contracts -- 3.37.3 Put or Pay Contracts -- References 4: Structuring and Implementation of the Project -- 4.1 Stakeholders in Project Financing -- 4.2 Project Documents -- 4.3 Build Operate Transfer Model -- 4.4 Forward Purchase Model -- 4.5 Borrowing Base Model -- 4.5.1 Issues in Project Finance Loan Documentation -- 4.6 Completion Issues -- Further Reading -- 5: Case 1: The Chuo Shinkansen Project, Japan -- Further Reading -- 6: Case 2: Developing the World's Largest Passenger Aircraft-Airbus A3XX -- 6.1 Reflections on Airbus A3XX -- 6.2 Financing the Project -- 6.3 Project Features -- 6.4 Risks Involved in the Project -- 6.5 Risk Mitigation Strategy -- 6.6 Delivery -- 6.7 Challenges for A3XX -- Further Reading -- 7: Case 3: South North Water Transfer Project China -- 7.1 Project Highlights in Different Routes -- 7.2 Financing the Project -- 7.3 Risks and Mitigation Strategies for SNWT Project -- 7.4 Project Structuring -- 7.5 Project Status -- Further Reading -- 8: Case 4: Dubailand Project -- 8.1 Retail and Entertainment World -- 8.2 Themed Leisure and Vacation World -- 8.3 Eco Tourism World -- 8.4 Sports and Outdoor World -- 8.5 Downtown -- 8.6 Strategic Alliances -- 8.7 Cancelled Projects -- Further Reading -- 9: Case 5: International Space Station -- Space Station Facts -- 9.1 Cost of the Project -- 9.2 Structuring of the Project -- Further Reading -- 10: Case 6: Al Maktoum International Airport -- 10.1 Financing of the Project -- 10.2 Risks Perspectives -- Further Reading -- 11: Case 7: California High Speed Rail Project -- 11.1 Economic and Social Impact of the Project -- 11.2 Program Expenditure -- 11.3 Sources of Financing -- 11.4 Sustainability Initiatives -- 11.5 Major Milestones -- 11.6 Risk Inherent in the High Speed Rail Project -- 11.7 Risk Mitigation Strategy -- Further Reading -- 12: Case 8: London Cross Rail Project -- 12.1 Features of the Project -- 12.2 Sources of Financing 12.3 Social and Economic Impact of the Project -- 12.4 Sustainability Initiatives of the Project -- 12.5 Project Progress -- 12.6 Risks in the Project -- Further Reading -- 13: Case 9: Beijing Daxing International Airport -- 13.1 Structuring of the Daxing Airport -- 13.2 Construction Cost -- 13.3 Financing -- 13.4 Development Fund -- 13.5 Economic Impact -- 13.6 Potential Risks -- Further Reading -- 14: Case: 10 Jubail II Industrial City -- 14.1 Industrial Incentives -- 14.2 Green Initiatives -- 14.3 Challenges and Risks -- 14.4 Status Quo -- 14.5 Economic Impact -- Further Reading -- 15: Case 11: Hong Kong Zhuhai Macao Bridge (HZMB) -- 15.1 Hong Kong Link Road (HKLR) -- 15.2 Hong Kong Port -- 15.3 Financing of the Project -- 15.4 Economic Impact of the Project -- 15.5 Risks Inherent in the Project -- Further Reading -- 16: Case 12: Gotthard Base Tunnel (GBT) -- 16.1 Cost and Financing of the Project -- 16.2 Economic Impact -- 16.3 Structuring of the Project -- 16.4 Risk Management of the Project -- Further Reading -- 17: Case 13: Channel Tunnel UK -- 17.1 Cost and Financing -- 17.2 Structuring -- 17.3 Risks Mitigation -- 17.4 Impact of the Project -- 17.5 Problems Faced by the Project -- Further Reading -- 18: Case 14: Doha Metro -- 18.1 Structuring -- 18.2 Financing -- 18.3 Significance of the Project -- 18.4 Risks Involved in the Project -- 18.5 Main Contractors of the Project -- Further Reading -- 19: Case 15: Panama Canal Expansion -- 19.1 Expansion of the Project -- 19.2 Sources of Financing -- 19.3 Impact of the Project -- 19.4 Risks Involved in the Project -- Further Reading -- 20: Case 16: Three Gorges Dam-The World's Largest Hydroelectric Plant -- 20.1 Funding and Costs of the Project -- 20.2 Significance of the Project -- 20.3 Challenges and Risk -- Further Reading -- 21: Case 17: One World Trade Center -- 21.1 Cost of Funding 21.2 Risks and Challenges |
ctrlnum | (ZDB-30-PQE)EBC6976024 (ZDB-30-PAD)EBC6976024 (ZDB-89-EBL)EBL6976024 (OCoLC)1314615088 (DE-599)BVBBV049019491 |
dewey-full | 658.404 |
dewey-hundreds | 600 - Technology (Applied sciences) |
dewey-ones | 658 - General management |
dewey-raw | 658.404 |
dewey-search | 658.404 |
dewey-sort | 3658.404 |
dewey-tens | 650 - Management and auxiliary services |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
edition | 1st ed |
format | Electronic eBook |
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Projects in Transportation Sector -- 1.29 Suez Canal -- 1.30 Panama Canal -- 1.31 Channel Tunnel -- 1.32 Belt and Road Initiative -- 1.33 Resund Bridge -- 1.34 Vasco da Gama Bridge (Portugal) -- References -- Further Reading -- 2: Infrastructure Financing Instruments -- 2.1 Challenges of Infrastructure Financing -- 2.2 Financing Instruments and Channels</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">2.3 Infrastructure Project Finance -- 2.4 Project Mezzanine Finance -- 2.5 Project Equity Finance -- 2.6 Corporate Balance Sheet Finance -- 2.7 Hybrid Instruments -- 2.8 Equity Instruments -- 2.9 Market Vehicles -- 2.10 Bond Market Debt Instruments -- 2.11 Debt Instruments: Syndicated Loans and Bank Loans -- 2.12 Corporate Bonds -- 2.13 Euro Marketable Securities -- 2.14 Other Innovative Bonds -- 2.15 Project Bonds -- 2.16 Green Bonds -- 2.17 Islamic or Sukuk Bonds -- 2.18 Securitization and Asset Backed Securities -- 2.19 Debt Funds -- 2.20 Direct Lending and Co Investment Platforms -- 2.21 Mezzanine Funds -- 2.22 Convertible Bonds and Preferred Equity -- 2.23 Listed Infrastructure Firms -- 2.24 Listed Infrastructure Funds -- 2.25 Yieldcos -- 2.26 Specialized Equity Instruments -- 2.27 Direct Equity Investment in Unlisted Firms and Co Investment Platforms -- 2.28 Leasing -- 2.29 Standardized Contracts -- 2.30 Aggregation -- 2.31 Securitization -- 2.32 Public Finance and Its Role in Infrastructural Development -- 2.33 Export Credit Agencies -- 2.34 World Bank Group -- 2.35 European Bank for Reconstruction and Development (EBRD) -- 2.36 European Investment Bank (EIB) -- 2.37 Asian Development Bank (ADB) -- 2.38 African Development Bank (AfDB) -- 2.39 Inter-American Development Bank (IDB) -- 2.40 Common Wealth Development Corporation (CDC) -- References -- Further Reading -- 3: Risks Inherent in Project Finance and Its Mitigation -- 3.1 Types of Risk -- 3.1.1 Construction Risk -- 3.1.2 Political and Regulatory Risk -- 3.1.3 Policy or Regulatory Risk -- 3.1.4 Macroeconomic or Business Risks -- 3.1.5 Currency Risk -- 3.1.6 Liquidity Risks -- 3.1.7 Technical Risk -- 3.1.8 Completion Risk -- 3.1.9 Operation Risk -- 3.1.10 Market Risk -- 3.1.11 Reserve/Production Risk -- 3.1.12 Supply Risk -- 3.1.13 Technology Risk -- 3.1.14 Revenue Risk</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">3.1.15 Obsolescence Risk -- 3.1.16 Industry Risks -- 3.1.17 Force Majeure or Event Risks -- 3.1.18 Counter Party Risk -- 3.1.19 Legal and Structural Risks -- 3.1.20 Refinancing Risk -- 3.1.21 Resource Risk -- 3.2 Risk Mitigation -- 3.3 Financial Risk Mitigation Instruments-Guarantees -- 3.4 Direct Guarantees -- 3.5 Different Forms of Guarantees -- 3.6 Management Agreements -- 3.7 Equity Contribution Agreements -- 3.8 Collateral Warranties -- 3.9 Direct Agreements -- 3.10 Government Support Agreement -- 3.11 Comfort Letters -- 3.12 Public Sector Guarantees -- 3.13 Government Guarantee -- 3.14 Alternatives to Government Guarantees -- 3.15 Private Sector Guarantees and Insurance -- 3.16 Project Insurance -- 3.17 Political Risk Insurance -- 3.18 Partial Risk Guarantee -- 3.19 Partial Credit Guarantee -- 3.20 Export Credit Guarantee -- 3.21 Currency Risk Mitigation Instruments: Derivative Contracts -- 3.22 Currency Risk Guarantee Fund -- 3.23 Local Currency Lending -- 3.24 Liquidity Risk mitigation Instruments-Internal Techniques -- 3.25 Liquidity Risk Mitigation Instruments: External Liquidity Techniques -- 3.26 Liquidity Guarantee -- 3.27 Put Options -- 3.28 Resource Risk Mitigation -- 3.29 Grants -- 3.29.1 Convertible Grants -- 3.29.2 Guarantee Funds -- 3.29.3 Exploration Insurance -- 3.29.4 Portfolio Guarantees -- 3.29.5 Advance Payment Contracts -- 3.30 Availability Payments -- 3.30.1 Offtake Contracts -- 3.30.2 Capital Financing -- 3.30.3 Grants and Taxation -- 3.30.4 Designing Security Arrangements for Projects -- 3.31 Completion Agreement -- 3.32 Concession Agreement -- 3.33 Construction Agreement -- 3.34 Operating and Maintenance Agreements -- 3.35 Performance Bonds -- 3.36 Fuel Supply Agreement -- 3.37 Sales/Offtake Agreement -- 3.37.1 Throughput Agreement -- 3.37.2 Take if Needed Contracts -- 3.37.3 Put or Pay Contracts -- References</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">4: Structuring and Implementation of the Project -- 4.1 Stakeholders in Project Financing -- 4.2 Project Documents -- 4.3 Build Operate Transfer Model -- 4.4 Forward Purchase Model -- 4.5 Borrowing Base Model -- 4.5.1 Issues in Project Finance Loan Documentation -- 4.6 Completion Issues -- Further Reading -- 5: Case 1: The Chuo Shinkansen Project, Japan -- Further Reading -- 6: Case 2: Developing the World's Largest Passenger Aircraft-Airbus A3XX -- 6.1 Reflections on Airbus A3XX -- 6.2 Financing the Project -- 6.3 Project Features -- 6.4 Risks Involved in the Project -- 6.5 Risk Mitigation Strategy -- 6.6 Delivery -- 6.7 Challenges for A3XX -- Further Reading -- 7: Case 3: South North Water Transfer Project China -- 7.1 Project Highlights in Different Routes -- 7.2 Financing the Project -- 7.3 Risks and Mitigation Strategies for SNWT Project -- 7.4 Project Structuring -- 7.5 Project Status -- Further Reading -- 8: Case 4: Dubailand Project -- 8.1 Retail and Entertainment World -- 8.2 Themed Leisure and Vacation World -- 8.3 Eco Tourism World -- 8.4 Sports and Outdoor World -- 8.5 Downtown -- 8.6 Strategic Alliances -- 8.7 Cancelled Projects -- Further Reading -- 9: Case 5: International Space Station -- Space Station Facts -- 9.1 Cost of the Project -- 9.2 Structuring of the Project -- Further Reading -- 10: Case 6: Al Maktoum International Airport -- 10.1 Financing of the Project -- 10.2 Risks Perspectives -- Further Reading -- 11: Case 7: California High Speed Rail Project -- 11.1 Economic and Social Impact of the Project -- 11.2 Program Expenditure -- 11.3 Sources of Financing -- 11.4 Sustainability Initiatives -- 11.5 Major Milestones -- 11.6 Risk Inherent in the High Speed Rail Project -- 11.7 Risk Mitigation Strategy -- Further Reading -- 12: Case 8: London Cross Rail Project -- 12.1 Features of the Project -- 12.2 Sources of Financing</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">12.3 Social and Economic Impact of the Project -- 12.4 Sustainability Initiatives of the Project -- 12.5 Project Progress -- 12.6 Risks in the Project -- Further Reading -- 13: Case 9: Beijing Daxing International Airport -- 13.1 Structuring of the Daxing Airport -- 13.2 Construction Cost -- 13.3 Financing -- 13.4 Development Fund -- 13.5 Economic Impact -- 13.6 Potential Risks -- Further Reading -- 14: Case: 10 Jubail II Industrial City -- 14.1 Industrial Incentives -- 14.2 Green Initiatives -- 14.3 Challenges and Risks -- 14.4 Status Quo -- 14.5 Economic Impact -- Further Reading -- 15: Case 11: Hong Kong Zhuhai Macao Bridge (HZMB) -- 15.1 Hong Kong Link Road (HKLR) -- 15.2 Hong Kong Port -- 15.3 Financing of the Project -- 15.4 Economic Impact of the Project -- 15.5 Risks Inherent in the Project -- Further Reading -- 16: Case 12: Gotthard Base Tunnel (GBT) -- 16.1 Cost and Financing of the Project -- 16.2 Economic Impact -- 16.3 Structuring of the Project -- 16.4 Risk Management of the Project -- Further Reading -- 17: Case 13: Channel Tunnel UK -- 17.1 Cost and Financing -- 17.2 Structuring -- 17.3 Risks Mitigation -- 17.4 Impact of the Project -- 17.5 Problems Faced by the Project -- Further Reading -- 18: Case 14: Doha Metro -- 18.1 Structuring -- 18.2 Financing -- 18.3 Significance of the Project -- 18.4 Risks Involved in the Project -- 18.5 Main Contractors of the Project -- Further Reading -- 19: Case 15: Panama Canal Expansion -- 19.1 Expansion of the Project -- 19.2 Sources of Financing -- 19.3 Impact of the Project -- 19.4 Risks Involved in the Project -- Further Reading -- 20: Case 16: Three Gorges Dam-The World's Largest Hydroelectric Plant -- 20.1 Funding and Costs of the Project -- 20.2 Significance of the Project -- 20.3 Challenges and Risk -- Further Reading -- 21: Case 17: One World Trade Center -- 21.1 Cost of Funding</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">21.2 Risks and Challenges</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Project management</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Business enterprises-Finance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial risk management</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Kumar, B. Rajesh</subfield><subfield code="t">Project Finance</subfield><subfield code="d">Cham : Springer International Publishing AG,c2022</subfield><subfield code="z">9783030967246</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-30-PQE</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034282398</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://ebookcentral.proquest.com/lib/hwr/detail.action?docID=6976024</subfield><subfield code="l">DE-2070s</subfield><subfield code="p">ZDB-30-PQE</subfield><subfield code="q">HWR_PDA_PQE_Kauf</subfield><subfield code="x">Aggregator</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV049019491 |
illustrated | Not Illustrated |
index_date | 2024-07-03T22:13:39Z |
indexdate | 2024-11-12T15:01:53Z |
institution | BVB |
isbn | 9783030967253 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034282398 |
oclc_num | 1314615088 |
open_access_boolean | |
owner | DE-2070s |
owner_facet | DE-2070s |
physical | 1 Online-Ressource (321 Seiten) |
psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE_Kauf |
publishDate | 2022 |
publishDateSearch | 2022 |
publishDateSort | 2022 |
publisher | Springer International Publishing AG |
record_format | marc |
series2 | Management for Professionals Series |
spelling | Kumar, B. Rajesh Verfasser aut Project Finance Structuring, Valuation and Risk Management for Major Projects 1st ed Cham Springer International Publishing AG 2022 ©2022 1 Online-Ressource (321 Seiten) txt rdacontent c rdamedia cr rdacarrier Management for Professionals Series Description based on publisher supplied metadata and other sources Project Finance -- Preface -- Acknowledgments -- Contents -- 1: Trends in Infrastructure Industry -- 1.1 Sustainability in Infrastructure Industry -- 1.2 Global Trends in Infrastructure financing -- 1.3 Infrastructural Developments in Different Regions -- 1.4 Sectoral Trends -- 1.5 Infrastructure Financing and Role of Institutional Investors -- 1.6 Role of Private Sector in Infrastructure Development -- 1.7 Private Infrastructure Finance in Europe -- 1.8 Sources of Infrastructure Financing -- 1.8.1 Debt Finance -- 1.8.2 Sources of Capital-Equity -- 1.9 Alternate Sources of Financing: Institutional Investors -- 1.10 Superannuation Funds/Insurers -- 1.11 Challenges for Infrastructure Investments by Institutional Investors -- 1.12 Impact of Global Financial Crisis 2008 on Infrastructure Financing -- 1.13 Impact of Covid 19 on Infrastructure Industry -- 1.14 Megatrends Shaping Infrastructure Industry: A Reflection -- 1.15 Classification of Infrastructure -- 1.16 Listed Infrastructure Equity Financing -- 1.17 Infrastructure Funds -- 1.18 Infrastructure Investors -- 1.19 Cofunding in Infrastructure Projects -- 1.20 Alternate Procurement Mechanisms in Infrastructure Projects -- 1.21 Public Private Partnership (PPP): Forms -- 1.22 Mega Projects Under PPP -- 1.23 Infrastructure Investment in Gulf -- 1.24 History of Project Finance -- 1.25 Characteristics of Project Finance -- 1.26 Private Partnership in Infrastructure (PPI) Statistics -- 1.27 Infrastructure Finance League Statistics -- 1.28 Flagship Projects in Transportation Sector -- 1.29 Suez Canal -- 1.30 Panama Canal -- 1.31 Channel Tunnel -- 1.32 Belt and Road Initiative -- 1.33 Resund Bridge -- 1.34 Vasco da Gama Bridge (Portugal) -- References -- Further Reading -- 2: Infrastructure Financing Instruments -- 2.1 Challenges of Infrastructure Financing -- 2.2 Financing Instruments and Channels 2.3 Infrastructure Project Finance -- 2.4 Project Mezzanine Finance -- 2.5 Project Equity Finance -- 2.6 Corporate Balance Sheet Finance -- 2.7 Hybrid Instruments -- 2.8 Equity Instruments -- 2.9 Market Vehicles -- 2.10 Bond Market Debt Instruments -- 2.11 Debt Instruments: Syndicated Loans and Bank Loans -- 2.12 Corporate Bonds -- 2.13 Euro Marketable Securities -- 2.14 Other Innovative Bonds -- 2.15 Project Bonds -- 2.16 Green Bonds -- 2.17 Islamic or Sukuk Bonds -- 2.18 Securitization and Asset Backed Securities -- 2.19 Debt Funds -- 2.20 Direct Lending and Co Investment Platforms -- 2.21 Mezzanine Funds -- 2.22 Convertible Bonds and Preferred Equity -- 2.23 Listed Infrastructure Firms -- 2.24 Listed Infrastructure Funds -- 2.25 Yieldcos -- 2.26 Specialized Equity Instruments -- 2.27 Direct Equity Investment in Unlisted Firms and Co Investment Platforms -- 2.28 Leasing -- 2.29 Standardized Contracts -- 2.30 Aggregation -- 2.31 Securitization -- 2.32 Public Finance and Its Role in Infrastructural Development -- 2.33 Export Credit Agencies -- 2.34 World Bank Group -- 2.35 European Bank for Reconstruction and Development (EBRD) -- 2.36 European Investment Bank (EIB) -- 2.37 Asian Development Bank (ADB) -- 2.38 African Development Bank (AfDB) -- 2.39 Inter-American Development Bank (IDB) -- 2.40 Common Wealth Development Corporation (CDC) -- References -- Further Reading -- 3: Risks Inherent in Project Finance and Its Mitigation -- 3.1 Types of Risk -- 3.1.1 Construction Risk -- 3.1.2 Political and Regulatory Risk -- 3.1.3 Policy or Regulatory Risk -- 3.1.4 Macroeconomic or Business Risks -- 3.1.5 Currency Risk -- 3.1.6 Liquidity Risks -- 3.1.7 Technical Risk -- 3.1.8 Completion Risk -- 3.1.9 Operation Risk -- 3.1.10 Market Risk -- 3.1.11 Reserve/Production Risk -- 3.1.12 Supply Risk -- 3.1.13 Technology Risk -- 3.1.14 Revenue Risk 3.1.15 Obsolescence Risk -- 3.1.16 Industry Risks -- 3.1.17 Force Majeure or Event Risks -- 3.1.18 Counter Party Risk -- 3.1.19 Legal and Structural Risks -- 3.1.20 Refinancing Risk -- 3.1.21 Resource Risk -- 3.2 Risk Mitigation -- 3.3 Financial Risk Mitigation Instruments-Guarantees -- 3.4 Direct Guarantees -- 3.5 Different Forms of Guarantees -- 3.6 Management Agreements -- 3.7 Equity Contribution Agreements -- 3.8 Collateral Warranties -- 3.9 Direct Agreements -- 3.10 Government Support Agreement -- 3.11 Comfort Letters -- 3.12 Public Sector Guarantees -- 3.13 Government Guarantee -- 3.14 Alternatives to Government Guarantees -- 3.15 Private Sector Guarantees and Insurance -- 3.16 Project Insurance -- 3.17 Political Risk Insurance -- 3.18 Partial Risk Guarantee -- 3.19 Partial Credit Guarantee -- 3.20 Export Credit Guarantee -- 3.21 Currency Risk Mitigation Instruments: Derivative Contracts -- 3.22 Currency Risk Guarantee Fund -- 3.23 Local Currency Lending -- 3.24 Liquidity Risk mitigation Instruments-Internal Techniques -- 3.25 Liquidity Risk Mitigation Instruments: External Liquidity Techniques -- 3.26 Liquidity Guarantee -- 3.27 Put Options -- 3.28 Resource Risk Mitigation -- 3.29 Grants -- 3.29.1 Convertible Grants -- 3.29.2 Guarantee Funds -- 3.29.3 Exploration Insurance -- 3.29.4 Portfolio Guarantees -- 3.29.5 Advance Payment Contracts -- 3.30 Availability Payments -- 3.30.1 Offtake Contracts -- 3.30.2 Capital Financing -- 3.30.3 Grants and Taxation -- 3.30.4 Designing Security Arrangements for Projects -- 3.31 Completion Agreement -- 3.32 Concession Agreement -- 3.33 Construction Agreement -- 3.34 Operating and Maintenance Agreements -- 3.35 Performance Bonds -- 3.36 Fuel Supply Agreement -- 3.37 Sales/Offtake Agreement -- 3.37.1 Throughput Agreement -- 3.37.2 Take if Needed Contracts -- 3.37.3 Put or Pay Contracts -- References 4: Structuring and Implementation of the Project -- 4.1 Stakeholders in Project Financing -- 4.2 Project Documents -- 4.3 Build Operate Transfer Model -- 4.4 Forward Purchase Model -- 4.5 Borrowing Base Model -- 4.5.1 Issues in Project Finance Loan Documentation -- 4.6 Completion Issues -- Further Reading -- 5: Case 1: The Chuo Shinkansen Project, Japan -- Further Reading -- 6: Case 2: Developing the World's Largest Passenger Aircraft-Airbus A3XX -- 6.1 Reflections on Airbus A3XX -- 6.2 Financing the Project -- 6.3 Project Features -- 6.4 Risks Involved in the Project -- 6.5 Risk Mitigation Strategy -- 6.6 Delivery -- 6.7 Challenges for A3XX -- Further Reading -- 7: Case 3: South North Water Transfer Project China -- 7.1 Project Highlights in Different Routes -- 7.2 Financing the Project -- 7.3 Risks and Mitigation Strategies for SNWT Project -- 7.4 Project Structuring -- 7.5 Project Status -- Further Reading -- 8: Case 4: Dubailand Project -- 8.1 Retail and Entertainment World -- 8.2 Themed Leisure and Vacation World -- 8.3 Eco Tourism World -- 8.4 Sports and Outdoor World -- 8.5 Downtown -- 8.6 Strategic Alliances -- 8.7 Cancelled Projects -- Further Reading -- 9: Case 5: International Space Station -- Space Station Facts -- 9.1 Cost of the Project -- 9.2 Structuring of the Project -- Further Reading -- 10: Case 6: Al Maktoum International Airport -- 10.1 Financing of the Project -- 10.2 Risks Perspectives -- Further Reading -- 11: Case 7: California High Speed Rail Project -- 11.1 Economic and Social Impact of the Project -- 11.2 Program Expenditure -- 11.3 Sources of Financing -- 11.4 Sustainability Initiatives -- 11.5 Major Milestones -- 11.6 Risk Inherent in the High Speed Rail Project -- 11.7 Risk Mitigation Strategy -- Further Reading -- 12: Case 8: London Cross Rail Project -- 12.1 Features of the Project -- 12.2 Sources of Financing 12.3 Social and Economic Impact of the Project -- 12.4 Sustainability Initiatives of the Project -- 12.5 Project Progress -- 12.6 Risks in the Project -- Further Reading -- 13: Case 9: Beijing Daxing International Airport -- 13.1 Structuring of the Daxing Airport -- 13.2 Construction Cost -- 13.3 Financing -- 13.4 Development Fund -- 13.5 Economic Impact -- 13.6 Potential Risks -- Further Reading -- 14: Case: 10 Jubail II Industrial City -- 14.1 Industrial Incentives -- 14.2 Green Initiatives -- 14.3 Challenges and Risks -- 14.4 Status Quo -- 14.5 Economic Impact -- Further Reading -- 15: Case 11: Hong Kong Zhuhai Macao Bridge (HZMB) -- 15.1 Hong Kong Link Road (HKLR) -- 15.2 Hong Kong Port -- 15.3 Financing of the Project -- 15.4 Economic Impact of the Project -- 15.5 Risks Inherent in the Project -- Further Reading -- 16: Case 12: Gotthard Base Tunnel (GBT) -- 16.1 Cost and Financing of the Project -- 16.2 Economic Impact -- 16.3 Structuring of the Project -- 16.4 Risk Management of the Project -- Further Reading -- 17: Case 13: Channel Tunnel UK -- 17.1 Cost and Financing -- 17.2 Structuring -- 17.3 Risks Mitigation -- 17.4 Impact of the Project -- 17.5 Problems Faced by the Project -- Further Reading -- 18: Case 14: Doha Metro -- 18.1 Structuring -- 18.2 Financing -- 18.3 Significance of the Project -- 18.4 Risks Involved in the Project -- 18.5 Main Contractors of the Project -- Further Reading -- 19: Case 15: Panama Canal Expansion -- 19.1 Expansion of the Project -- 19.2 Sources of Financing -- 19.3 Impact of the Project -- 19.4 Risks Involved in the Project -- Further Reading -- 20: Case 16: Three Gorges Dam-The World's Largest Hydroelectric Plant -- 20.1 Funding and Costs of the Project -- 20.2 Significance of the Project -- 20.3 Challenges and Risk -- Further Reading -- 21: Case 17: One World Trade Center -- 21.1 Cost of Funding 21.2 Risks and Challenges Project management Business enterprises-Finance Financial risk management Erscheint auch als Druck-Ausgabe Kumar, B. Rajesh Project Finance Cham : Springer International Publishing AG,c2022 9783030967246 |
spellingShingle | Kumar, B. Rajesh Project Finance Structuring, Valuation and Risk Management for Major Projects Project Finance -- Preface -- Acknowledgments -- Contents -- 1: Trends in Infrastructure Industry -- 1.1 Sustainability in Infrastructure Industry -- 1.2 Global Trends in Infrastructure financing -- 1.3 Infrastructural Developments in Different Regions -- 1.4 Sectoral Trends -- 1.5 Infrastructure Financing and Role of Institutional Investors -- 1.6 Role of Private Sector in Infrastructure Development -- 1.7 Private Infrastructure Finance in Europe -- 1.8 Sources of Infrastructure Financing -- 1.8.1 Debt Finance -- 1.8.2 Sources of Capital-Equity -- 1.9 Alternate Sources of Financing: Institutional Investors -- 1.10 Superannuation Funds/Insurers -- 1.11 Challenges for Infrastructure Investments by Institutional Investors -- 1.12 Impact of Global Financial Crisis 2008 on Infrastructure Financing -- 1.13 Impact of Covid 19 on Infrastructure Industry -- 1.14 Megatrends Shaping Infrastructure Industry: A Reflection -- 1.15 Classification of Infrastructure -- 1.16 Listed Infrastructure Equity Financing -- 1.17 Infrastructure Funds -- 1.18 Infrastructure Investors -- 1.19 Cofunding in Infrastructure Projects -- 1.20 Alternate Procurement Mechanisms in Infrastructure Projects -- 1.21 Public Private Partnership (PPP): Forms -- 1.22 Mega Projects Under PPP -- 1.23 Infrastructure Investment in Gulf -- 1.24 History of Project Finance -- 1.25 Characteristics of Project Finance -- 1.26 Private Partnership in Infrastructure (PPI) Statistics -- 1.27 Infrastructure Finance League Statistics -- 1.28 Flagship Projects in Transportation Sector -- 1.29 Suez Canal -- 1.30 Panama Canal -- 1.31 Channel Tunnel -- 1.32 Belt and Road Initiative -- 1.33 Resund Bridge -- 1.34 Vasco da Gama Bridge (Portugal) -- References -- Further Reading -- 2: Infrastructure Financing Instruments -- 2.1 Challenges of Infrastructure Financing -- 2.2 Financing Instruments and Channels 2.3 Infrastructure Project Finance -- 2.4 Project Mezzanine Finance -- 2.5 Project Equity Finance -- 2.6 Corporate Balance Sheet Finance -- 2.7 Hybrid Instruments -- 2.8 Equity Instruments -- 2.9 Market Vehicles -- 2.10 Bond Market Debt Instruments -- 2.11 Debt Instruments: Syndicated Loans and Bank Loans -- 2.12 Corporate Bonds -- 2.13 Euro Marketable Securities -- 2.14 Other Innovative Bonds -- 2.15 Project Bonds -- 2.16 Green Bonds -- 2.17 Islamic or Sukuk Bonds -- 2.18 Securitization and Asset Backed Securities -- 2.19 Debt Funds -- 2.20 Direct Lending and Co Investment Platforms -- 2.21 Mezzanine Funds -- 2.22 Convertible Bonds and Preferred Equity -- 2.23 Listed Infrastructure Firms -- 2.24 Listed Infrastructure Funds -- 2.25 Yieldcos -- 2.26 Specialized Equity Instruments -- 2.27 Direct Equity Investment in Unlisted Firms and Co Investment Platforms -- 2.28 Leasing -- 2.29 Standardized Contracts -- 2.30 Aggregation -- 2.31 Securitization -- 2.32 Public Finance and Its Role in Infrastructural Development -- 2.33 Export Credit Agencies -- 2.34 World Bank Group -- 2.35 European Bank for Reconstruction and Development (EBRD) -- 2.36 European Investment Bank (EIB) -- 2.37 Asian Development Bank (ADB) -- 2.38 African Development Bank (AfDB) -- 2.39 Inter-American Development Bank (IDB) -- 2.40 Common Wealth Development Corporation (CDC) -- References -- Further Reading -- 3: Risks Inherent in Project Finance and Its Mitigation -- 3.1 Types of Risk -- 3.1.1 Construction Risk -- 3.1.2 Political and Regulatory Risk -- 3.1.3 Policy or Regulatory Risk -- 3.1.4 Macroeconomic or Business Risks -- 3.1.5 Currency Risk -- 3.1.6 Liquidity Risks -- 3.1.7 Technical Risk -- 3.1.8 Completion Risk -- 3.1.9 Operation Risk -- 3.1.10 Market Risk -- 3.1.11 Reserve/Production Risk -- 3.1.12 Supply Risk -- 3.1.13 Technology Risk -- 3.1.14 Revenue Risk 3.1.15 Obsolescence Risk -- 3.1.16 Industry Risks -- 3.1.17 Force Majeure or Event Risks -- 3.1.18 Counter Party Risk -- 3.1.19 Legal and Structural Risks -- 3.1.20 Refinancing Risk -- 3.1.21 Resource Risk -- 3.2 Risk Mitigation -- 3.3 Financial Risk Mitigation Instruments-Guarantees -- 3.4 Direct Guarantees -- 3.5 Different Forms of Guarantees -- 3.6 Management Agreements -- 3.7 Equity Contribution Agreements -- 3.8 Collateral Warranties -- 3.9 Direct Agreements -- 3.10 Government Support Agreement -- 3.11 Comfort Letters -- 3.12 Public Sector Guarantees -- 3.13 Government Guarantee -- 3.14 Alternatives to Government Guarantees -- 3.15 Private Sector Guarantees and Insurance -- 3.16 Project Insurance -- 3.17 Political Risk Insurance -- 3.18 Partial Risk Guarantee -- 3.19 Partial Credit Guarantee -- 3.20 Export Credit Guarantee -- 3.21 Currency Risk Mitigation Instruments: Derivative Contracts -- 3.22 Currency Risk Guarantee Fund -- 3.23 Local Currency Lending -- 3.24 Liquidity Risk mitigation Instruments-Internal Techniques -- 3.25 Liquidity Risk Mitigation Instruments: External Liquidity Techniques -- 3.26 Liquidity Guarantee -- 3.27 Put Options -- 3.28 Resource Risk Mitigation -- 3.29 Grants -- 3.29.1 Convertible Grants -- 3.29.2 Guarantee Funds -- 3.29.3 Exploration Insurance -- 3.29.4 Portfolio Guarantees -- 3.29.5 Advance Payment Contracts -- 3.30 Availability Payments -- 3.30.1 Offtake Contracts -- 3.30.2 Capital Financing -- 3.30.3 Grants and Taxation -- 3.30.4 Designing Security Arrangements for Projects -- 3.31 Completion Agreement -- 3.32 Concession Agreement -- 3.33 Construction Agreement -- 3.34 Operating and Maintenance Agreements -- 3.35 Performance Bonds -- 3.36 Fuel Supply Agreement -- 3.37 Sales/Offtake Agreement -- 3.37.1 Throughput Agreement -- 3.37.2 Take if Needed Contracts -- 3.37.3 Put or Pay Contracts -- References 4: Structuring and Implementation of the Project -- 4.1 Stakeholders in Project Financing -- 4.2 Project Documents -- 4.3 Build Operate Transfer Model -- 4.4 Forward Purchase Model -- 4.5 Borrowing Base Model -- 4.5.1 Issues in Project Finance Loan Documentation -- 4.6 Completion Issues -- Further Reading -- 5: Case 1: The Chuo Shinkansen Project, Japan -- Further Reading -- 6: Case 2: Developing the World's Largest Passenger Aircraft-Airbus A3XX -- 6.1 Reflections on Airbus A3XX -- 6.2 Financing the Project -- 6.3 Project Features -- 6.4 Risks Involved in the Project -- 6.5 Risk Mitigation Strategy -- 6.6 Delivery -- 6.7 Challenges for A3XX -- Further Reading -- 7: Case 3: South North Water Transfer Project China -- 7.1 Project Highlights in Different Routes -- 7.2 Financing the Project -- 7.3 Risks and Mitigation Strategies for SNWT Project -- 7.4 Project Structuring -- 7.5 Project Status -- Further Reading -- 8: Case 4: Dubailand Project -- 8.1 Retail and Entertainment World -- 8.2 Themed Leisure and Vacation World -- 8.3 Eco Tourism World -- 8.4 Sports and Outdoor World -- 8.5 Downtown -- 8.6 Strategic Alliances -- 8.7 Cancelled Projects -- Further Reading -- 9: Case 5: International Space Station -- Space Station Facts -- 9.1 Cost of the Project -- 9.2 Structuring of the Project -- Further Reading -- 10: Case 6: Al Maktoum International Airport -- 10.1 Financing of the Project -- 10.2 Risks Perspectives -- Further Reading -- 11: Case 7: California High Speed Rail Project -- 11.1 Economic and Social Impact of the Project -- 11.2 Program Expenditure -- 11.3 Sources of Financing -- 11.4 Sustainability Initiatives -- 11.5 Major Milestones -- 11.6 Risk Inherent in the High Speed Rail Project -- 11.7 Risk Mitigation Strategy -- Further Reading -- 12: Case 8: London Cross Rail Project -- 12.1 Features of the Project -- 12.2 Sources of Financing 12.3 Social and Economic Impact of the Project -- 12.4 Sustainability Initiatives of the Project -- 12.5 Project Progress -- 12.6 Risks in the Project -- Further Reading -- 13: Case 9: Beijing Daxing International Airport -- 13.1 Structuring of the Daxing Airport -- 13.2 Construction Cost -- 13.3 Financing -- 13.4 Development Fund -- 13.5 Economic Impact -- 13.6 Potential Risks -- Further Reading -- 14: Case: 10 Jubail II Industrial City -- 14.1 Industrial Incentives -- 14.2 Green Initiatives -- 14.3 Challenges and Risks -- 14.4 Status Quo -- 14.5 Economic Impact -- Further Reading -- 15: Case 11: Hong Kong Zhuhai Macao Bridge (HZMB) -- 15.1 Hong Kong Link Road (HKLR) -- 15.2 Hong Kong Port -- 15.3 Financing of the Project -- 15.4 Economic Impact of the Project -- 15.5 Risks Inherent in the Project -- Further Reading -- 16: Case 12: Gotthard Base Tunnel (GBT) -- 16.1 Cost and Financing of the Project -- 16.2 Economic Impact -- 16.3 Structuring of the Project -- 16.4 Risk Management of the Project -- Further Reading -- 17: Case 13: Channel Tunnel UK -- 17.1 Cost and Financing -- 17.2 Structuring -- 17.3 Risks Mitigation -- 17.4 Impact of the Project -- 17.5 Problems Faced by the Project -- Further Reading -- 18: Case 14: Doha Metro -- 18.1 Structuring -- 18.2 Financing -- 18.3 Significance of the Project -- 18.4 Risks Involved in the Project -- 18.5 Main Contractors of the Project -- Further Reading -- 19: Case 15: Panama Canal Expansion -- 19.1 Expansion of the Project -- 19.2 Sources of Financing -- 19.3 Impact of the Project -- 19.4 Risks Involved in the Project -- Further Reading -- 20: Case 16: Three Gorges Dam-The World's Largest Hydroelectric Plant -- 20.1 Funding and Costs of the Project -- 20.2 Significance of the Project -- 20.3 Challenges and Risk -- Further Reading -- 21: Case 17: One World Trade Center -- 21.1 Cost of Funding 21.2 Risks and Challenges Project management Business enterprises-Finance Financial risk management |
title | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_auth | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_exact_search | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_exact_search_txtP | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_full | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_fullStr | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_full_unstemmed | Project Finance Structuring, Valuation and Risk Management for Major Projects |
title_short | Project Finance |
title_sort | project finance structuring valuation and risk management for major projects |
title_sub | Structuring, Valuation and Risk Management for Major Projects |
topic | Project management Business enterprises-Finance Financial risk management |
topic_facet | Project management Business enterprises-Finance Financial risk management |
work_keys_str_mv | AT kumarbrajesh projectfinancestructuringvaluationandriskmanagementformajorprojects |