Project Finance
Master's programme: MSc in Energy Building Design, MSc in Energy Systems, MSc in Energy and Finance, MSc in Environmental Management and Sustainability
Teaching Hours and Credit Allocation: | 30 Hours, 6 Credits |
Course Assessment: | Exam & Coursework |
In this course, students will learn the essential procedures for efficient energy project valuation and financing. The concepts of capital budgeting and project financing will be introduced and then the students will learn the investment procedure through theory and carefully selected case studies. In particular, the set of topics that will be examined are: Financial Arithmetic, Capital Budgeting decisions, Net Present Value, IRR, Valuation, Sources of Finance, Optimal Finance Mix, Project Finance, Investment Analysis under uncertainty, scenario analysis, decision trees, simulation, Real Option Analysis and finally, several Case Studies. On completion of the course students will be able to: a) read and understand key financial arithmetic and capital budgeting, b) learn to attract sources of finance to create the optimal finance mix for their energy project, c) analyze their investment and decisions under uncertainty and d) Evaluate and compare their theoretical background with real-life practice through carefully selected case studies.