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Project and Infrastructure Finance Modelling Training Course

Five-day course on project and infrastructure finance modelling: cash flows, debt sizing, ratios and investor returns.

5 Days

Duration

Certificate

Included

Instructor-Led

Delivery

Intermediate

Level

Reserve My Seat
PA

Project and Infrastructure Finance Modelling Training Course

Starting From

$750

per participant

See Upcoming Dates

Flexible Delivery

In-Person, Live Online

Language

English

Dedicated Support

Pre & post training

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Course Overview

This five-day course builds the specialist skill of modelling project and infrastructure finance, the long term, cash flow driven financing behind power, transport, water and other major assets. It covers the structure of project finance, building a project cash flow model, debt sizing and the returns waterfall, and the ratios and analysis that lenders and investors rely on. Grounded in Africa's infrastructure agenda, participants leave able to build and interpret a project finance model with confidence.

Introduction

Africa's future will be built on infrastructure: the power, transport, water and digital networks a growing continent needs. Almost all of it is financed on the strength of the cash flows it will generate, through project finance structures that can run for decades. The model sits at the centre of every such deal, and a single flawed assumption can sink a project or saddle a public budget with risk for a generation.

This course builds the skill that those deals demand. It covers the structure and logic of project and infrastructure finance, the construction of a long term project cash flow model, the sizing and structuring of debt, and the returns waterfall and coverage ratios that lenders and investors live by. Each is built in Excel and grounded in the realities of African infrastructure and public private partnerships. Participants leave able to build and interpret a project finance model, size and structure debt, assess returns and risk, and engage credibly with lenders, sponsors and government counterparts on the deals that will shape the continent.

Learning Objectives

By the end of this program, participants will be able to:

  1. 01Understand the structure and logic of project finance.
  2. 02Distinguish project finance from corporate finance.
  3. 03Build a long term project cash flow model.
  4. 04Model construction, operations and revenue.
  5. 05Size and structure project debt.
  6. 06Build the cash flow waterfall.
  7. 07Calculate coverage ratios and investor returns.
  8. 08Apply scenario and sensitivity analysis to a project.
  9. 09Engage credibly with lenders, sponsors and government.

Who Should Attend

This course is designed for:

•Project and infrastructure finance professionals
•Financial analysts and modellers
•Development and public private partnership staff
•Government and public sector finance officers
•Bankers, lenders and credit analysts
•Investors and fund professionals
•Advisers on infrastructure transactions
•Engineers and developers moving into finance

Training Methodology

The course is hands on and model based, built around constructing a project finance model in Excel over the week. Each element is demonstrated and then built, grounded in realistic infrastructure cases. The focus is on both technical accuracy and the commercial logic of the deal, with a daily practical session advancing the model.
•Live demonstration in Excel
•Step by step project model building
•Debt sizing and waterfall exercises
•Infrastructure and public private partnership cases
•A daily practical session and a final modelling clinic

Organizational Impact

Organizations that invest in this training for their teams will benefit from:

•Reliable models behind major infrastructure decisions
•Better assessed and structured project deals
•Risk surfaced before financial close, not after
•Stronger engagement with lenders and investors
•More credible public private partnership analysis
•Reduced exposure to flawed project assumptions
•Faster, more confident transaction work
•A team able to handle complex project finance

Personal Impact

Participants that enroll in this training will benefit from:
•Confidence to build a project finance model
•Command of debt sizing and the cash flow waterfall
•The ability to calculate and interpret coverage ratios
•A clear grasp of project finance structures
•Sharper assessment of project risk and returns
•A scarce, high value specialist skill
•Greater credibility with lenders and sponsors
•Reusable project model templates

Course Outline

  • What project finance is and why it is used
  • Project finance versus corporate finance
  • The structure of a project and its parties
  • Public private partnerships explained
  • Risk allocation in project finance
  • The project life cycle
  • The role of the financial model

Practical session: Map the structure, parties and risks of a sample infrastructure project.

  • Structuring a project finance model
  • Modelling the construction phase
  • Modelling revenue and operations
  • Operating and maintenance costs
  • Taxation and accounting in the model
  • Timing, periods and flexibility
  • Building the project cash flows

Practical session: Build the construction and operating cash flows for a project.

  • Sources of project finance debt
  • The debt sizing approach
  • Debt service and repayment profiles
  • Sculpting debt to cash flows
  • Reserve accounts and covenants
  • Equity and the funding structure
  • Financial close and drawdown

Practical session: Size and structure the debt for the project model.

  • The cash flow waterfall
  • The order of priority of cash flows
  • Debt service coverage and the cover ratios
  • The loan life and project life cover ratios
  • Equity returns and the internal rate of return
  • Distributions to investors
  • Reading the model from lender and equity views

Practical session: Build the cash flow waterfall and calculate the cover ratios and returns.

  • Sensitivity analysis on a project
  • Scenario and downside testing
  • Stress testing and break even
  • The lender and investor perspectives
  • Bankability and what it takes
  • Presenting the project to decision makers
  • Course synthesis and application planning

Practical session: Run scenarios and a downside case and assess the project's bankability.

Certification

Certificate of Completion awarded on successful programme conclusion

At Strategic Revenue Africa, our certification goes beyond proof of attendance—it represents practical competence and measurable capability. Upon successful completion of our training programs, participants are awarded a Certificate of Completion from Strategic Revenue Africa, recognizing their ability to apply acquired knowledge in real-world settings. As an organization focused on architecting sustainable revenue and strengthening organizational performance, our certifications signal that participants are equipped with skills that drive results, not just theory.

Programme Inclusions

  • Course materials & workbook
  • Certificate of completion
  • Post-training support (90 days)

Prerequisites

A sound grasp of financial statements and a working knowledge of Excel are assumed, and some financial modelling experience is an advantage. Our financial modelling course is a useful precursor. A laptop with a current version of Excel is required, and a working command of English is sufficient.

Schedule & Investment

Upcoming Dates & Fees

Kenya

Nairobi

Kenya

Schedule

Mon – Fri · 5 Days

Investment

$1,300KES 97,000

Language

English

Register — 8 Dates
Rwanda

Kigali

Rwanda

Schedule

Mon – Fri · 5 Days

Investment

$1,800

Language

English

Register — 8 Dates
Kenya

Naivasha

Kenya

Schedule

Mon – Fri · 5 Days

Investment

$1,400KES 98,000

Language

English

Register — 8 Dates
Kenya

Nakuru

Kenya

Schedule

Mon – Fri · 5 Days

Investment

$1,300KES 97,000

Language

English

Register — 8 Dates

Frequently Asked Questions

About Project and Infrastructure Finance Modelling Training Course

  • Project finance funds a specific project on the strength of its own cash flows, usually through a separate entity with limited recourse to sponsors. The course makes that distinction clear from the start.

  • Yes. The course is grounded in Africa's infrastructure agenda and covers public private partnerships, which are central to how much of that infrastructure is delivered.

  • Some helps. A sound grasp of statements and Excel is assumed, and our financial modelling course is a useful precursor if you are newer to modelling.

  • Yes. Dedicated days cover debt sizing and structuring and the cash flow waterfall, including the coverage ratios lenders rely on.

  • Yes. The course builds the model so you can read it from both the lender perspective, focused on coverage, and the equity perspective, focused on returns.

  • Yes. Government counterparts in partnerships need to understand and challenge these models, and the course is designed with that audience in mind alongside lenders and sponsors.

  • Yes. The course is hands on in Excel, so a laptop with a current version of Excel is required.

From

$750

Register