Financing a PPP Project
Synergy Academy’s Financing a PPP Project course offers an in-depth examination of the financial strategies and structures necessary for successfully financing Public-Private Partnership (PPP) projects.
This course is designed for professionals seeking to understand the complexities of funding large-scale infrastructure and development projects through the Public-Private Partnership (PPP) model. Participants will learn about the various sources of capital available for PPP projects, including equity, debt, and blended financing solutions, as well as how to structure financing to meet the objectives of both the public and private sectors.
The course covers key aspects, including risk allocation, the application of project finance techniques, financial modeling, and navigating the due diligence process. Special attention is given to understanding how to secure funding from institutional investors, banks, and other financial institutions, as well as the impact of government guarantees, subsidies, and incentives. Through real-world case studies and interactive exercises, participants will develop the skills needed to evaluate the financial feasibility of PPP projects, manage financing risks, and negotiate terms that support project success.
This course is ideal for financial analysts, project developers, government officials, and consultants involved in financing and structuring Public-Private Partnership (PPP) projects in sectors such as transportation, energy, healthcare, and infrastructure.
Summary
Financing a PPP Project - 40 Hours
Due Diligence/ Risk Assessment
PPP/ Project Finance
Payment Mechanism
PPP/ Project Finance
Project Finance
Introduction
Financial Modelling
Part 1 (Intermediate)
Loan Term Sheet and Commitment Letter
Financing Agreement
PPP Sectoral Analysis [Choice of the relevant sector]
Modules
Due Diligence/ Risk Assessment - PPP/Project Finance
- Purpose and approach to due diligence (DD)
- Due Diligence/ Risk Assessment
- Technical project analysis – technology, construction and operation
- Financial structure risk – allocation of responsibilities and governance, refinancing issues, interest rate and currency volatility
- Input risk – analyzing the price and volatility of inputs
- Offtake risk – the output structure (with take or pay and other examples)
- Contract risk – default and management of counterparties
- Environmental risk
- Group Exercise – DD of a sample PPP project
Payment Mechanism - PPP/Project Finance
- Volume linked payment mechanisms, when to use them and the main features
- Availability concept elements and structuring matters in availability payment mechanisms
- Hybrid payment mechanisms
- Group Exercise – Determine the most suitable payment mechanism for sample project
Project Finance – Introduction
- Corporate vis-Ã -vis Project Finance
- Essentials of project finance: limitation of recourse
- SPV structure
- Project Finance – the various stakeholders
- Overview of various sources of financing & key terms
- Case study – Project Finance as a means to arrange financing for projects
Financial Modelling - Part 1 (Intermediate)
- Fundamentals of project finance model design
- Model sensitivity and auditing definitions and analysis
- Revenue and cost modelling
- Cash adequacy, recourse, standby and liquidity
- Financial coverage ratios and the bank perspective
Loan Term Sheet and Commitment Letter
- Covenants, undertakings and the concept of sources and uses
- Security documents – mortgages, pledges, assignments, charges and liens
- Limited-recourse or stand-by equity and parent company guarantees
- Project finance term-sheet format
- Group Exercise – Checklist for comparative evaluation of Loan Term Sheets
Financing Agreement
- Debt Drawdown and Repayment
- Conditions precedents – pre-requisites to the first drawdown
- Project Accounts
- Lenders Legal Advisor and role
- Key Clauses
PPP Sectoral Analysis (Choice of the relevant sector)
- Focus session on any one sector (with relevant examples) – sector options 1) Power 2) Renewables 3) Urban & Social Infra 4) Transport 5) Water 6) Waste 7) District Cooling/ Heating
- Types of projects within the sector
- Sector overview
- Typical PPP structure employed for the sector
- Payment Mechanism
- Risk allocation
Training Highlights
-
Certification &
Recognition -
LMS Portal
Access -
Flexible Training
Method -
Industry - Relevant
Case Studies Covered -
Knowledge

Resources -
Comprehensive
Training Assessment -
Progress
Tracking -
Project Based
Learning Curve
