Project Finance and Excel - Build Financial Models from Scratch - Project Finance in One Sentence

The video tutorial introduces the concept of project finance, emphasizing its importance for those without a finance background. It provides a simple definition, explaining that project finance involves financing a special purpose vehicle (SPV) created for a specific project. The tutorial highlights that such projects are typically capital intensive and long-term infrastructure projects. The video concludes by suggesting further elaboration in the next lecture.

How can you summarize project finance in terms of its characteristics?

What should you do after providing a simple definition of project finance in an interview?