MSL875 Project Finance and Public-Private Partnerships

[3–0, 3 cr.]

This course aims to equip the students with a comprehensive overview of project financing by taking them through all stages of a project finance transaction. It will make use of case studies and exercises from various sectors including infrastructure, transportation, oil & gas and water and power. In respect of Public-Private Partnerships (PPPs), the course will examine both the costs and benefits of PPPs as alternative public procurement methods, contrast them with other procurement modes and consider how best to design PPP projects to serve public ends.

Topics covered will also include: (i) the financing of PPPs; (ii) identifying, pricing and allocating risks in PPP projects; (iii) preparing a sustainable long-term concession agreement; and (iv) assessing “value for money” in PPP arrangements.