O'Reilly logo

See-Through Modelling: A technical blueprint for financial modelling using lessons learned from PFI by Dominic Robertson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 2. Finance theory

Characteristics of a project finance PFI deal

The public-private deal and the history of PFI

The private finance initiative (PFI) is a way of creating public–private partnerships (PPPs) by funding public infrastructure projects with private capital. PFI was initially invented by the Australians in the 1980s and controversially started in the UK by the Conservatives during the early 1990s. However, it was the Labour government after 1997 that implemented PFI on a large scale. There are now more than 900 PFI projects in construction or operation in the UK across a wide spectrum of business sectors.

In simple terms the objective of PFI was to create extensive amounts of public infrastructure without the need to ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required