Course overview
Project finance relies on a network of contracts allocating rights, responsibilities, revenues and risks among sponsors, lenders, contractors, operators and public authorities.
This course gives non-specialists and practitioners a structured view of the key agreements, security arrangements, conditions precedent and legal issues that influence bankability.
Who this is for
Legal teams, project sponsors, contracting authorities, financiers, advisers and public officials involved in project finance.
Participants will be able to
- Identify the principal project-finance contracts
- Understand contractual risk allocation
- Recognise lender protections and security arrangements
- Map conditions precedent and approvals
- Appreciate direct agreements and step-in rights
- Support multidisciplinary transaction teams
Principal course areas
- Concession and project agreements
- Financing agreements
- Shareholder arrangements
- EPC and operating agreements
- Off-take and payment mechanisms
- Security packages
- Direct agreements
- Conditions precedent
- Dispute provisions