Project Finance for Business Development

Acknowledgments

The idea of formalizing a comprehensive presentation of project finance for new business development has its origins with experiences in projects I did as a business consulting economist. The quest for sound processes, critical analyses, objective evaluations, innovations and continuous productivity improvements have been an integral part of my professional life. I have learned a lot from projects and interactions with financing advisors and colleagues, but it is difficult to ascertain what I have learned from whom or what specific project experiences I benefited from the most.

I took my first steps in project finance under the support and guidance of a most intelligent and capable CFO, Mary Baughman, who placed her trust on my ability to create and manage a professional project finance organization for AT&T Submarine Systems. I owe her gratitude for that which got me into the field of project finance. My skills have been augmented by discussions and work with financing advisors and consultants, financiers, and relationships with official and private funding source managers who shared freely valuable knowledge. I also learned from experiences of other project finance organizations and benefited from interviews of different types of project finance participants and insights from an extensive benchmarking study.

In preparing this book I have had the privilege of benefitting from constructive reviews and seasoned experience inputs and knowledge of Jeffrey Morrison, ...