Principles of Project Finance / Edition 1

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $71.32
Usually ships in 1-2 business days
(Save 35%)
Other sellers (Hardcover)
  • All (5) from $71.32   
  • New (1) from $147.67   
  • Used (4) from $71.32   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$147.67
Seller since 2011

Feedback rating:

(7)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
2002 Hardcover New Book New and in stock. 01/06/2002. *****PLEASE NOTE: This item is shipping from an authorized seller in Europe. In the event that a return is necessary, you ... will be able to return your item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** Read more Show Less

Ships from: Morden, United Kingdom

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Close
Sort by

Overview

This introduction for practitioners offers a balanced view of project financing, integrating legal, contractual, scheduling, and other areas that participate in large multiparty projects, large single-asset purchases, and broad-based financing programs for fleets of assets. It mixes theories and case studies but avoids becoming too oriented toward applications in any one particular industry. It focuses on the concepts and techniques required by project finance people without being overly academic or beset by case studies. The author, who has a legal background, recognizes that some legal information is necessary, but he doesn't attempt to write a law book.

Project Finance refers to the techniques of financing projects which are dependent on cash flows for repayment, as defined by the contractual relationships within each project. By their very nature, these types of projects rely on a large number of integrated contractual arrangements for successful completion and operation. Project finance is an element within the larger field of project management. Many organizations around the world utilize project management to enable innovative processes, to plan, organize, and control strategic initiatives, to monitor enterprise performance, to analyze significant deviations, and to forecast their impact on the organization and project(s). Project management can be found in many industries today, from construction and information systems to healthcare, financial services, education, and training.

Key Features:
-A comprehensive and authoritative guide to the theory and practice of project finance.
-An international scope, covering projects in both the developed and developing worlds.
-The book describes and explains:
-Sources of project finance.
-Typical commercial contracts (such as those for construction of the project and sale of its product or services) and their impact on the project finance structure.
-Project finance risk assessment from the points of view of lenders, investors, and other project parties.
-Structuring the project finance debt.
-The key issues in negotiating a project finance debt facility.
-Extensive glossary and cross-referencing.
-No prior knowledge of project finance or financing techniques is assumed.

Audience: Professionals (bankers, members of various financial institutions-venture capital, the capital markets, international fund groups-as well as attorneys, various government regulators, and project finance professionals) who want a broad, high-level overview of project finance concepts and techniques. Graduate students and students enrolled in post-graduate or professional-level private courses on project financing.

Read More Show Less

Editorial Reviews

Booknews
A London-based consultant explains project financing as a method of raising long-term debt to finance major projects by borrowing against the cash flow generated by the project alone. It depends, he says, on a detailed evaluation of a project's construction, operating, and revenue risks; and their allocation between investors, lenders, and other parties through contractual and other arrangements. The approach has been gaining popularity over the past two decades as privatization and deregulation have dried up conventional sources of funding. The glossary doubles as a minimal index. Annotation c. Book News, Inc., Portland, OR (booknews.com)
From the Publisher
"This book provides a concise, accurate, and updated context of project finance. Not only it is a favoured reference for project entrepreneurs, financial controllers and government regulators, but it is also a highly recommended reading for students in business and civil engineering." —Shiguang Ma, University of Wollongong

"Yescombe’s book is the best compendium of project finance concepts I know of. Principles is a detailed 'cook-book' for organizing project financings, comprehensive in its descriptionof risks, contracts, and project participants, including sponsors, capital providers, and public and multinational institutions." —Ray Hill, Emory University

Read More Show Less

Product Details

  • ISBN-13: 9780127708515
  • Publisher: Elsevier Science
  • Publication date: 6/20/2002
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 344
  • Product dimensions: 6.20 (w) x 9.42 (h) x 0.88 (d)

Meet the Author

E.R. Yescombe is an independent consultant on project finance and public-private partnerships (PPPs), advising investors on financing for power, infrastructure and PPP projects, as well as public-sector entities on PPP policy issues, project procurement and contracting.
Read More Show Less

Table of Contents

Introduction What is Project Finance?
The Project Finance Markets Project Development and Management Working with Lenders Project Contracts: (1) The Project Agreement Project Contracts: (2) Ancillary Contracts Commercial Risks Macro-economic Risks Political Risks Political Risk Guarantees, Insurance and Finance Financial Modelling and Evaluation Financial Structuring and Documentation Glossary and Abbreviations
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Posted March 7, 2010

    more from this reviewer

    Excellent and thorough practical treatment of project finance issues for professionals and others looking for a broad and deep understanding

    E. R. Yescombe's Principles of Project Finance, published by Elsevier Academic Press, is an excellent and thorough practical treatment of project finance issues for professionals and others looking for a broad and deep understanding. At 344 pages, this book includes 13 chapters and a detailed glossary of terms.

    Clearly this book is by an exceptionally experienced and talented author, who focuses on how to make the project work. Every chapter is a good chapter; I particularly found Chapter 8 interesting with its detailed discussion of project risks, including, e.g. EPC contracting issues (Engineering, Procurement and Construction contracts), commercial viability, completion risks, credit risks, construction cost overruns, delays, relocation of utilities, protesters, project dependencies, environmental risks, operating risks, technology risks, operating cost overruns, maintenance, long-term sales contracts, waste disposal, recourse to sponsor issues, and many more. Yescombe discusses numerous issues and potential situations, and provides suggestions for how to resolve the issue.

    In the first section, chapters 1-5, Yescombe provides a detailed discussion of the basics of project finance, with numerous tables and charts. For example,
    Chapter 1 is a general introduction to project finance,
    Chapter 2 reviews key characteristics of project finance and why it is used
    Chapter 3 discusses markets for raising project finance debt
    Chapter 4 discusses initiation and structuring of project development and finance for private and public projects
    Chapter 5 reviews procedures for obtaining project finance from private lenders

    In the second section, chapters 6-7, Yescombe discusses project finance documentation:
    Chapter 6 discusses the main Project Agreement, which is often an Offtake Contract or Concession Agreement
    Chapter 7 reviews other project contracts, such as construction and operation of the project, raw materials and other inputs, insurance, etc.

    In the third section, chapters 8-11, Yescombe reviews project finance risk:
    Chapter 8 discusses project risk and mitigation from the viewpoint of lenders
    Chapter 9 analyses the effect of macroeconomic risk, such as inflation, interest rates, exchange rates, on project finance, and mitigation efforts
    Chapter 10 reviews effects of political risks on projects
    Chapter 11 reviews mitigation of political risk, including insurance, guarantees, export credit agencies and development banks, etc.

    In the last section, Yescombe discusses the financing structure for projects
    Chapter 12 reviews the use of project financial models for investors and lenders
    Chapter 13 demonstrates review and risk analysis during negotiation of project finance structure and terms

    Yescombe's Principles of Project Finance is a highly useful addition for anyone involved with project management and project finance, and serves as a useful reference.

    By David Hoicka

    Was this review helpful? Yes  No   Report this review
Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)