Nov 06

We're Giving Away 5 Copies of "An Introduction to Project Finance" by Andrew Fight

Would you like a free copy of Andrew Fight's new book An Introduction to Project Finance (Amazon price $47.95)? We have five to give away. Read details about the book below, or check out its Amazon page.

If you'd like this complimentary copy from Seeking Alpha, just leave a comment below. We'll select five people at random in a couple of weeks' time and send them the book. And we plan to give away more new books in the future to Seeking Alpha comment contributors. We'll publish notices of the book give-aways that you should catch if you regularly read Seeking Alpha or subscribe to the RSS feed.

(Note: You don't need to leave your email address for public view — our registration system requires that you confirm receipt of an email, so we can notify you if you win. This also protects Seeking Alpha from comment spam.)

BOOK DESCRIPTION:

An Introduction to Project Finance

The term "project finance" is now being used in almost every language in every part of the world. It is the solution to infrastructure, public and private venture capital needs. It has been successfully used in the past to raise trillions of dollars of capital and promises to continue to be one of the major financing techniques for capital projects in both developed and developing countries.

Project Finance aims to provide:

  • Overview of project finance
  • Understanding of the key risks involved in project finance and techniques for mitigating risk
  • Techniques for effective evaluation of project finance from both a financial and credit perspective

The author differentiates between recourse and non-recourse funding, tackles the issues of feasibility, identifies the parties normally involved with project finance plans, and details techniques for realistic cash flow preparation.

  • Inspired by basic entry level training courses that have been developed by major international banks worldwide
  • Will enable students, and those already in the finance profession, to gain an understanding of the basic information and principles of project finance
  • Includes questions with answers, study topics, practical 'real world' examples and an extensive bibliography

From the Back Cover

The term 'project finance' is now being used in almost every language in every part of the world. Understanding the nature of project finance and how it differs from other financing techniques is critical to all the major players in large capital projects, such as governments, ministries of finance, commercial bankers, investment bankers, suppliers and customers. This book will help you understand this rapidly expanding field.

While project finance has its origins in the natural resource and infrastructure sectors, the current ideological trend of dismantling the state and transferring public services to privately owned entities is resulting in a bonanza to acquire these lucrative public service franchises in the power, telecommunications, and transportation sectors, as well as impose this agenda onto government owned entities in developed and developing countries. Project Finance techniques provide the means to impose this ideological agenda.

An Introduction to Project Finance explains how to:

  • identify the various players in a project finance transaction, their objectives, and how to identify their roles in the project
  • identify the legal, operational and financial risks presented by the project
  • build cash flow statements from historical statements or project projections
  • identify key variables impacting financial performance so that they can be subjected to sensitivity analysis
  • run sensitivity analyses to evaluate the cash flow and debt servicing ability of a company or project, and identify potential areas of concern
  • optimally configure long term debt facilities so that they are aligned with the company or project's cash flow and debt servicing capabilities
  • evaluate different methods of project evaluation
  • recognize the limitations of accounting information in valuing companies
  • use other methods to evaluate the creditworthiness of a project

Comments

  • Absolute gem for those in emerging markets, good stuff for those involve in economic development, planning and working with projects such as PPP initiatives and dealing with institution such as IMF, WorldBank, IFC.

    Mar 29
  • Please add me to the list. Thanks.

    Jan 12
  • me too... thanks!

    Nov 29
  • Please add me to the list. Thanks

    Nov 17
  • Please add me; thanks.

    Nov 17
  • me too

    Nov 16
  • Interested in receiving acopy of the book.

    Nov 15
  • Project finance in Asia is hot again. I would like to read this book. Enter my name.

    Nov 15
  • Yes, please.

    Nov 15
  • Sure..why not. Put my name in as well!

    Nov 15
  • Sorry, I have to disagree with vulcandoc here. As seeking alpha is providing transcripts on conference calls, I believe it is for everybody's interests to keep them forever for future reference by viewers. Or you guys can put such valuable information into an accessible archive that viewes can get back to. Does the trend of websites point to the direction where viewers just need an internet connection and a browser so they do not have to be equipped with a super harddisk? The trend is to let websites function as the always-on service and content provider.

    Nov 15
  • Thanks for the feedback vulcandoc.

    Nov 13
  • Great site but the number of feeds is getting large to follow regulary. Is it time to start replacing rather just adding new content on the site? Count me in for the raffle.

    Nov 13
  • Do please add me to the list.

    Nov 13
  • me too! Thanks!

    Nov 13
  • THANKS! I'll accept the chance to participate.

    Nov 12
  • add me por favor....thanks a lot!

    Nov 12
  • Great site. Love the conference call reports. Count me in on the giveaway!

    Nov 12
  • in the past i would read seeking alpha quite often. i am glad for a reminder to get back to reading this website. thank you for an oppor. to participate.

    Nov 12
  • Please add me. Thanks!

    Nov 12
  • yeeehaw add me :)

    Nov 11
  • please add me too. Thanks!

    Nov 11
  • please add me too!

    Nov 11
  • Thanks. Please sign me up.

    Nov 11
  • SWEET ...IM IN!

    Nov 10
  • Free book. More knowledge. Who's complaining.

    Nov 09
  • Despite being the former treasurer of a NYSE company, I have a lot to learn about project finance. Please put me on the list for a book.

    Nov 09
  • I'd love one. The book looks really, really good in an area with a dearth of how-to guides.

    Nov 09
  • Sounds good!

    Nov 09
  • Sign me up. Nice feature : )

    Nov 08
  • Great idea !

    Nov 08
  • Sign me up!

    Nov 08
  • I'm all in...send it when ready. Thanks

    Nov 08
  • I'm all in...send it when ready

    Nov 08
  • Please enter me.

    Nov 08
  • Sounds great - please enter me!

    Nov 07
  • count me in

    Nov 07
  • please enter me in the drawing - thanks!

    Nov 07
  • Yeah, put me down!

    Nov 07
  • Sounds good.

    Nov 07
  • I teach Investment Analysis and Portfolio Management at University of MD University College. The book would be useful to me and, perhaps, students.

    Nov 07
  • sounds great. send me a copy.

    Nov 07
  • I wonder how far behind am I on the knowledge curve in this field....and is this book ahead or behind?

    Nov 07
  • cheers!

    Nov 07
  • very nice

    Nov 07
  • I could use this book, put me down as well.

    Nov 07
  • Please put my name down too. Definitely sounds like a book i could use.

    Nov 07
  • Sounds interesting.

    Nov 07
  • Oh great. Please add me!!!

    Nov 07
  • Does the popularity of this message say something about human's nature? Just kidding...No offense... BTW, I acknowledge that is also part of my instinct ..

    salute to all the hiden dragons and crouching tigers

    Nov 07
  • My work will require such knowledge. I would like to have a copy too. Thanks.

    daniel.wei@disney.com

    Nov 07
  • My work will require such knowledge. I would like to have a copy too. Thanks.

    danie.wei@disney.com

    Nov 07
  • I worked for a projected-oriented trust investment company in China this past summer, and I got really interested in project finance. I would love to have a copy, too.

    Thanks,
    Stephen

    Nov 06
  • Great book, I would love to have a copy. Thanks.

    Nov 06
  • I would like a copy of this book....

    Thanks,

    Scott

    Nov 06
  • I would really enjoy this book. I've been looking for a good book on this subject and it sounds like this fits the bill.

    Nov 06
  • Always open to free stuff...

    Nov 06
  • hook me up

    Nov 06
  • Please put my name down as well!

    Nov 06
  • Put me in too!

    Nov 06
  • Sounds interesting - would love to have a copy!

    Nov 06
  • Sounds good, please sign me up for the book! Thanks.

    Nov 06
  • Sign me up

    Nov 06
  • Sign me up.

    Nov 06
  • I'm in, sounds like a book I could use.

    - Greg

    Nov 06
  • Add me.
    Sounds pretty cool.

    ~Charles

    Nov 06
  • Please add my name also.

    Regards
    Steve

    Nov 06
  • Please put me down for the book too.

    Best

    BRC

    Nov 06
  • Sure.. put my name down.

    Regards
    Ian

    Nov 06