This is a draft chapter from my forthcoming book - The Project Finance Modelling Handbook. I'm publishing drafts of every chapter online to get as much feedback and input from fellow professionals as possible. My goal is to publish the most useful book on Project Finance Modelling available. I'd welcome your views and feedback on this chapter. How we model the timeline in a Project Finance transaction is crucial to the whole construction of the model. The timeline of a Project Finance model has to have the flexibility to contend with several specific requirements: The ability to model debt dr ..read more

I didn’t intend for the Financial Modelling Handbook to be available digitally. But having just this morning opened my 100th email requesting an ebook version, I changed my mind. I know that for many of you, cost is an issue, and also delivery times vary around the world. So here it is. Same deal as the hardcopy: All the worked example files Exclusive additional online chapters Access to supporting video tutorials. Just fewer trees destroyed in the process. The ebook version of the handbook is now available for £49. Thank you to all those of you who asked! You can buy the ebook version here ..read more

This is a draft chapter from my forthcoming book - The Project Finance Modelling Handbook. I'm publishing drafts of every chapter online to get as much feedback and input from fellow professionals as possible. My goal is to publish the most useful book on Project Finance Modelling available. I am adding to this Glossary as I refer to terms in other chapters of the book. It is, therefore, an incomplete work in progress. Like we all are. Availability period. This is the period during which the Project Company may draw on its loan facilities. It is usually in the period during which the asset is ..read more

This is a draft chapter from my forthcoming book - The Project Finance Modelling Handbook. I'm publishing drafts of every chapter online to get as much feedback and input from fellow professionals as possible. I aim to publish the most useful book on Project Finance Modelling available. Project Finance transactions using a competitive tendering process typically go through several distinct phases: Bid stage During the bid stage of a transaction, project sponsors are pulling together multiple different parts of their bid. They are negotiating with EPC and O&M contractors, dealing with multi ..read more

Finally. It's here. Thank you for all your support and encouragement. The handbook is now available to buy. We can ship anywhere in the world. Don't forget to use the code HANDBOOK10 to get 10% off before next Friday. I can't wait to hear what you think of it. (And, if I'm honest, I'm kind of crapping myself at the same time). Have a fantastic weekend. On Monday, I'll be starting on the Handbook of Project Finance Modelling. I hope you'll stick around. With thanks, Kenny ..read more

I have poured my soul into creating this book, and many of you have also put a huge amount of effort into commenting on what I've written. It's been a real collaborative effort. I can't wait to share it with you. I'll send you details on how to purchase the book tomorrow. As a special thanks for following the handbook story over the past year, use code HANDBOOK10 at checkout to secure 10% off your order. Please note this code will only be active for one week after publication. Thank you for your continued support. I look forward to hearing your feedback on the finished book. With thanks, Ken ..read more

Summer time is officially over and it's time to get down to work. Finally we have a publication date. The book will be available for advanced purchase on Friday September 22nd. Since you're signed up here and have been following the project, we will send you a discount code just for supporters. We'll be in touch with beta readers next week to get your shipping details to send your free copy of the book. I'll also be sharing my weekly modelling newsletter, The Modellers Miscellany, to everybody signed up here. You can of course opt out if you think it's not worth your time and attention. On pub ..read more

I'd like your advice as we take the final steps before publishing. We've been testing different binding options. I've been torn between the practicality of wire binding vs the aesthetics of soft back binding. The softback binding looks better and feels more "premium", but the wire binding is so much more practical. I think this is a book that people will use while they are in front of their computer practising the skills. Being able to lie the book flat on a desk is, I think, more important than how it looks on a bookshelf. This also ties into the issue of price. I'm planning to sell the boo ..read more

I'm off to Delhi this week to run a training course for new graduates who recently joined Gridlines. My bags are packed. Mostly with these: It's rewarding to see the book out in the world, finally. I'll be using the book to support all my training courses in the future, so it's exciting to be doing a trial run with it this week. We'll open up for pre-orders shortly, with a pre-launch discount for those who have followed this site. I'll also be contacting beta readers to get shipping details to send their books to. When we launch, we will take all the case study files off the website, and they ..read more

One barrier that has stopped me from switching to Excel for Mac is the lack of ribbon keyboard shortcuts. I've long been used to hiding the ribbon to give me more screen space, knowing that if I hit Alt, the keyboard shortcuts I need will appear, and I can activate the ribbon commands. This doesn't happen natively in Excel for Mac. Last year, I wrote this review of Accelerator Keys for Mac. At that time, the product came really close to solving my problem but didn't quite get there. A significant number of important shortcuts were missing. My review seemed to have an impact. I'm delighted that ..read more