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Project Finance in Theory and Practice: Designing, Structuring, and Financing Private and Public Projects
This book presents comprehensive coverage of project finance in Europe and North America. The Second Edition features two new case studies, all new pedagogical supplements including end-of-chapter questions and answers, and insights into the recent market downturn. The author provides a complete description of the ways a project finance deal can be organized - from industrial, legal, and financial standpoints - and the alternatives available for funding it. After reviewing recent advances in project finance theory, he provides illustrations and case studies. At key points Gatti brings in other project finance experts who share their specialized knowledge on the legal issues and the role of advisors in project finance deals.
496 pages, Hardcover
First published October 24, 2007
23 people are currently reading
75 people want to read
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Displaying 1 - 3 of 3 reviews
October 22, 2016
Could not have read a more timely book on project finance.
Pros:
Explanations are clear, concise and concrete. Some theoretical discussion but not overbearing. One can sense clearly that this is a book written by a professional for the professional community.
Substantial law and contract-focused chapter, really useful for a novice.
Real case studies to illustrate syndication strategies.
Cons:
Not enough focus on the type of credit risk analysis usually done in banks regarding project finance loans.
Examples feel a bit dated (pre-2008)
Overall, 4.5 stars.
Pros:
Explanations are clear, concise and concrete. Some theoretical discussion but not overbearing. One can sense clearly that this is a book written by a professional for the professional community.
Substantial law and contract-focused chapter, really useful for a novice.
Real case studies to illustrate syndication strategies.
Cons:
Not enough focus on the type of credit risk analysis usually done in banks regarding project finance loans.
Examples feel a bit dated (pre-2008)
Overall, 4.5 stars.
May 1, 2023
If you are someone who is new to project finance, you will find “Project Finance in Theory and Practice: Designing, Structuring, and Financing Private and Public Projects” to be a valuable resource for getting acquainted with the fundamentals of the industry. This book provides a good introduction to project finance deals, covering the overall deal structuring processes and key terminology in a way that is accessible to beginners. However, I believe there is room for improvement, particularly when it comes to the book's focus on certain topics and its treatment of project finance modeling.
Pros:
- The author does an excellent job of guiding the reader through various aspects of project finance, such as deal structuring, risk identification, and credit enhancement. Additionally, the book offers insights into the roles and responsibilities of various stakeholders, which I found particularly helpful in understanding the complex dynamics at play in project finance deals.
Cons:
- However, one of my major takeaways from the book was that, while it provided a solid foundation for understanding project finance, it did not offer as much guidance on project finance modeling as I had hoped. Given the importance of financial modeling in the industry, I would have appreciated more in-depth information on this topic, particularly in areas such as modeling defaults in the Monte Carlo simulation.
Overall, I would rate this book 4 out of 5 and recommend it as a solid first exposure to project finance, though you may want to supplement your learning with additional resources to gain a deeper understanding of financial modeling in this field.
Pros:
- The author does an excellent job of guiding the reader through various aspects of project finance, such as deal structuring, risk identification, and credit enhancement. Additionally, the book offers insights into the roles and responsibilities of various stakeholders, which I found particularly helpful in understanding the complex dynamics at play in project finance deals.
Cons:
- However, one of my major takeaways from the book was that, while it provided a solid foundation for understanding project finance, it did not offer as much guidance on project finance modeling as I had hoped. Given the importance of financial modeling in the industry, I would have appreciated more in-depth information on this topic, particularly in areas such as modeling defaults in the Monte Carlo simulation.
Overall, I would rate this book 4 out of 5 and recommend it as a solid first exposure to project finance, though you may want to supplement your learning with additional resources to gain a deeper understanding of financial modeling in this field.
June 16, 2013
This is not the only good book about PF, but it's the only one that is able to explain everything in a quick and complete way.
Nothing is taken from granted (resulting sometimes in boring passages, where the reader already understand the topic) and everythng is explained in layman words.
Il 29 che ho preso all'esame non ha assolutamente influito sulle stelle!
Nothing is taken from granted (resulting sometimes in boring passages, where the reader already understand the topic) and everythng is explained in layman words.
Il 29 che ho preso all'esame non ha assolutamente influito sulle stelle!
Displaying 1 - 3 of 3 reviews