Through discussion of relevant organisation structures, effective regulation, enabling legislation and risk management techniques used in project finance and PPP projects, participants will gain a comprehensive understanding of project finance deals. The course will be led by experts in the legal & banking sectors and will include detailed course materials, with interactive discussions, working groups and case studies. The delegates will be provided with extracts from the main project documents i.e. project agreement, construction contract, operations agreement, term sheets and loan agreements.
The course will be held over two days.
The key issues in the project agreements and financing documents will be covered in the two day course. The aim of the course is to give attendees a basic toolkit of knowledge and reference materials to enable them to understand the PPP process and the roles of key stakeholders.
Each delegate will receive a Certificate on satisfactory completion of the course.
DAY ONE - please note this programme is subject to change
08.30 - 09.30 WELCOME BREAKFAST & INTRODUCTION
09.30 - 10.45 INTRODUCTION TO PPP
- History
- Concept structure
- Acronyms explained (i.e. PPP/BOT)
10.45 - 11.00 COFFEE BREAK
11.00 - 11.45 UNDERSTANDING PPP
- Public policy issues – Why the process?
- Issues for governments
- Developing a legal framework
- The benefits of PPP
11.45 – 13.00 PPPs in Africa
- Current issues
- Case studies
- Review of the market
13.00 – 14.00 LUNCH
14.00 – 15.15 RISK IDENTIFICATION & ALLOCATION
- The players & their risks
- Types of risk
- Internal risks
- External risks
- Identifying, understanding & evaluating project risks
- How best can these risks be mitigated
- How best to allocate & transfer risks
15.15 - 15.30 COFFE BREAK
15.30 - 17.00 WORKSHOP ONE
Preparation of risk matrix for projects in different sectors (i.e. airports, ports, trains, prisons, roads, hospitals, water, waste to energy plants and education)
DAY TWO
09.15 - 10.45 KEY ISSUES IN PROJECT AGREEMENTS
- Special Purpose Vehicle (SPV)
- Project agreement (concession agreement)
- Construction agreement
- Operations agreement
10.45 - 11.15 COFFEE BREAK
11.30 – 13.00 KEY ISSUES IN FINANCING DOCUMENTS, BANKABILITY AND THE SECURITY PACKAGE
- Term sheet
- Loan agreement
- Inter creditor agreement
- Direct agreement
- Security documents
13.00 – 14.00 LUNCH
14.00 - 15.30 TRANSMISSION AND POWER GENERATION
In this session delegates will review proposed power transmission and generation projects (including renewable energy and LNG terminals) in Africa. Delegates will examine how project finance structures can be used to finance pipelines, transmission systems, LNG terminals and power stations.
15.30 – 15.45 COFFEE BREAK
15.45 - 16.30 WORKSHOP TWO
In this workshop delegates will split into teams and review the practical steps to finance and construct a power station in the private sector; the case study will look at it from sponsor, banking and government viewpoints and will review set up; risk analysis, documentation required, integration to grid and regulation.
16.30 END OF COURSE
FEES
IPFA Member/ Public Sector Rate: R4,995 / $375 USD
- 20% discount when two or more delegates register
Non-IPFA Member Rate: R6,995 / $565 USD
- 10% discount when two or more delegates register
Fees include all documentation, lunch and refreshments but does not include accommodation.
REGISTRATION
Please complete the online booking form to register for the course. Once your registration has been received, an invoice will be raised and sent to you in South Africa Rand or US Dollars. Confirmation of your attendance along with joining instructions will be sent upon receipt of payment. For further information, please contact training@ipfa.org.
Please note:
IPFA reserves the right, prior to the commencement date to change or cancel the whole or any part of the programme. Please do not book travel plans until the course is confirmed to you in writing.
Insurance is recommended as the full course fees are payable and no refunds will be made if the delegate is unable to attend.
