Remove Equity Financing Remove Private Equity Firm Remove Terminal Value
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Project Finance vs. Corporate Finance: Careers, Recruiting, Financial Modeling, and More

Brian DeChesare

Project Finance Definition: “Project Finance” refers to acquisitions, debt/equity financings, and new developments of capital-intensive infrastructure assets that provide essential utilities and services. the value of the target company’s core business operations in the deal). an equity IRR of 7% to 13%).

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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

Essentially, the NAV Model is a super-long-term DCF without a Terminal Value. The Terminal Value doesn’t make sense in this vertical because oil and gas resources are finite; you can’t assume that a company will keep producing “forever.”.

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