Description

The two different sorts of cash flow, cash flow available for debt service (“c-fad”), and cash flow available to equity. As well as the mechanics of modeling typical project finance ratios, exploring debt service cover ratio (DSCR), the loan life cover ratio (LLCR), and the project life cover ratio (PLCR).

Learning Objectives

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1. Model project finance ratios for renewable energy projects.
2. Predict the level of debt a project can sustain.
3. Recall the different sorts of cash flow, cash flow available for debt service (CFADS), and cash flow available to equity.
4. Recall the typical project finance ratios, including the Debt Service Coverage Ratio (DSCR), Loan Life Coverage Ratio (LLCR), and Project Life Coverage Ratio (PLCR).
5. Use the DSCR to create a sculpted debt repayment profile.