HBS Project Finance Portal

Hallmark Features of the Book:

  •    The book provides a new and interesting setting in which to teach advanced principles of corporate finance.  While designed for MBA students, it is also appropriate for graduate students interested in development economics, international finance, corporate governance, energy finance, and risk management.

  •    It provides a quick and accurate introduction to the field of project finance.  For this reason, it is a highly cost-efficient way to train new employees in law firms; commercial, investment, and development banks; consulting firms; corporate finance departments of sponsoring firms; and government or regulatory agencies.  

  •    The book covers project finance in terms of actual use (i.e., geographic regions, industrial sectors, stages of project execution, etc.) so the reader can see the full range of current practice. Cases are set in power, telecom, oil and gas, and mining, and in a range of countries such as Kuwait, Vietnam, Venezuela and Chad.

  •    Because most cases were written in conjunction with the people actually involved with the deals, the cases include contractual details, commentary, and financial projections that are not typically disclosed through public documents (note:  the information provided by case sponsors has been approved for release by participating companies).

  •    The case studies are "managerial" in nature. They provide descriptive details, but they challenge readers to make important managerial decisions. Readers must identify critical issues (key questions), analyze the available data, and create a plan of action or response. This process helps students become more adept at management in a way that replicates practice.

  •    The cases have been "battle-tested" in the classroom. The author has taught every case multiple times, and revised them to ensure they achieve their pedagogical objectives.

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If you have any suggestions for additional content, please contact Professor Benjamin C. Esty.
Last updated October 17, 2003.

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