Investment and credit decisions on real assets in energy and infrastructure depend on a full understanding of the returns. This webinar explains the difference between project returns and equity returns and works through the calculations in detail.
What you will learn
Project and equity returns
What project return and equity return mean in a project finance or real asset context.
Returns modules
The modules in a financial model that typically calculate the returns.
Excel functions
How to use IRR, XIRR, NPV and XNPV, and how each relates to first principles.
Scenario analysis
Scenarios that show how sensitive project and equity returns are, including to changes in gearing.