Project finance is all about the identification of the particular financial needs of a project. It involves everything, right from sourcing the funds, structuring the finances, assessing the risks, to addressing all industrial, legal, or financial issues. The sole aim of it is to make sure that the project functions smoothly. The following is a compilation of the top titles on project finance for the students and professionals. These project finance books ensure that they have a thorough understanding of the theoretical and practical aspects of a project in keeping with the nature and trends of the industry.
1. Principles of Project Finance
The book, written by E.R. Yescombe, is highly commendable for the professionals. It explains the basics of project financing, including the techniques and tools involved with it.
Along with useful information on contractual, legal, and other issues, the concepts are further clarified using relevant case studies. The chapters on hedging of risks and valuation methods deserve a special mention for this book.
2. Introduction to Project Finance (Essential Capital Markets)
It offers a vivid introduction to project financing along with a couple of unique issues related to the same. Andrew Fight provides a broad perspective on the subject and clearly explains the ways of understanding and dealing with the risk factors.
Several operational, financial, and legal issues are also addressed in this context. The readers will understand the issues of feasibility, non-recourse, and recourse funding clearly from this book.
3. Project Finance in Theory and Practice, Second Edition (Designing, Structuring, and Financing Private and Public Projects)
Stefano Gatti offers a detailed treatment of project financing by reviewing the advances made by the subject in recent times. It also discusses the best practices of the industry presently.
A wonderful explanation of the transaction structures and elucidation on industrial and legal aspects will certainly benefit the readers. It identifies the participants of a project and clearly defines their roles, along with other complicated issues that arise during project development.
4. Modern Project Finance: A Casebook
This is the book you need to pick up if you want a detailed description of the techniques and principles of project financing. Benjamin C. Esty has carefully selected the case studies according to different industries, locations, and requirements.
The complex issues of loan pricing and capital structuring have been dealt deftly by the author. The best thing about the book is how well it brings out the integrated nature of the field.
5. The Law and Business of International Project Finance: A Resource for Governments, Sponsors, Lawyers, and Project Participants
Scott L. Hoffman has made this book a thorough guide to project finance for large-scale infrastructure, energy, and other such projects. It focuses on deal structuring depending on the particular needs of the project.
It discusses the way project finance includes a comprehensive structuring and analysis of a wide range of risks and the things that go into making a project successful. The institutional and legal aspects of international level financing have been explained here.
6. Project Finance for the International Petroleum Industry Import
This book, by Robert Clews, focuses on the international oil and gas industries that hold more than thirty percent of the global market at present. The author brilliantly describes the entire gamut of issues related to this particular industry.
It describes the types of risks involved, participants, important legal arrangements, and financial structuring of the projects. The book also brilliantly elaborates on downstream and upstream value chains.
Your journey towards making yourself more aware of the world of project finance can be effectively ensured through these books. So, wait no more and get these books today.
