Public-Private Partnerships for Infrastructure: Principles of Policy and Finance

Public-Private Partnerships for Infrastructure - Principles of Policy and Finance, Second Edition explains how public private partnerships are prepared, procured, financed, and managed from both the public- and private-sector perspectives. As the use of public private partnerships continues to develop world-wide, both in the area of public policy and private financing and contracting, the Second Edition of this leading textbook:

• Captures and explains the latest approaches, providing a comprehensive all-round guide for those on both the public- and private-sector sides of the table
• Emphasises a step-by-step approach within a comprehensive, cross-referenced format
• Includes clear explanations of PPP evaluation, structuring and financing concepts for the benefit of those new to the topic: no prior knowledge is assumed or required
• Provides detailed reference points for more experienced practitioners
• Draws from the authors’ experience and practice in  PPP markets worldwide to provide a perspective on practical application of the key underlying principles
• Includes an extensive glossary of technical and financial terms used in the PPP sector

• Includes more technical information and a stronger legal perspective than other books
• Emphasizes a step-by-step approach within a comprehensive, cross-referenced format
• Expands and updates the historical backgrounds and political contexts of public-private partnerships

E.R. Yescombe has over 30 years’ experience in various forms of structured finance, including project finance, leasing, export credits, real estate and asset finance. A former banker and head of project finance in London for a major international bank, he is now an independent consultant on project finance and public-private partnerships (PPPs), advising investors on financing for power, infrastructure and PPP projects, as well as public-sector entities on PPP policy issues, project procurement and contracting.

Edward Farquharson is currently an adviser at European PPP Expertise Centre (EPEC) at the European Investment Bank (EIB) with a background in the public and private sectors in financing and developing PPP projects and policies world-wide. Before joining the EIB, he was the Executive Director of the Private Infrastructure Development Group (PIDG) prior to which he led the international work at Partnerships UK and UK’s PPP national unit at HM Treasury, following a 20-year career advising on and financing projects around the world at a UK investment bank and a development finance institution. He worked on his first PPP project in 1985.