This comprehensive new book provides in-depth coverage of all aspects of infrastructure project financing. The boundaries of “infrastructure” are clearly defined and the key processes – from project concept via funding mechanisms, risk analysis, financial structuring and funding sources, to financial close and implementation – are examined in detail. Part 1 covers: characteristics of “infrastructure”; financial structures; sources of finance; risk; quantitative analysis; contractual frameworks and project processes.Part 2 explores: the full range of infrastructure and public service (PPP-type) projects, and highlights the differences between sectors, sector-specific risks and the limits on the use of private capital to support such ventures. The text is illustrated with case studies drawing on the successes, and failures, of global infrastructure projects, covering: transport; power and renewable energy; oil, gas and power transmission; water and waste and municipal and public-private partnerships (“PPP”).The book also addresses the challenges faced in some of the UK’s high-profile mega-infrastructure projects (including “The Super Sewer”, Heathrow Runway 3, Hinkley Point ‘C’ Nuclear Power Plant and HS2), and how these challenges have been overcome. Pitfalls to be avoided are discussed in detail alongside the key steps which should be taken to ensure success.