Introduction to Project Finance in Renewable Energy Infrastructure: Including Public-Private Investments and Non-Mature Markets

This book provides an introduction to project finance in renewable energy infrastructure, explaining the role of each stakeholder, the financial process, due diligence, risk analysis, and project investment valuation. It also provides an introduction to Portfolio Management and explains the role of Climate Finance in green energy investments.

Format: Paperback / softback
Length: 262 pages
Publication date: 22 April 2022
Publisher: Springer Nature Switzerland AG

Project finance is a crucial financial mechanism used to finance large-scale renewable energy infrastructure projects. It involves a complex web of stakeholders, agreements, and financial processes, including fundraising, due diligence, risk analysis, and project investment valuation. This book aims to bridge the gap between theory and practice by providing real-world examples and insights into the role of each stakeholder in the development of renewable energy projects.

The book begins by exploring the role of each stakeholder in the development of renewable energy projects, including developers, investors, lenders, and government agencies. It discusses the interconnection between all the agreements involved in a project, such as power purchase agreements, construction contracts, and financing agreements. The financial process from fundraising to financial close is also detailed, including the steps involved in securing financing, such as loan agreements, equity investments, and grants.

Due diligence is a critical component of project finance, and the book provides an in-depth explanation of the process, including the review of financial statements, legal documents, and environmental and social impact assessments. Risk analysis is another important aspect of project finance, and the book discusses the various methods used to identify and mitigate risks, such as scenario analysis, stress testing, and risk mitigation strategies.

Project investment valuation is another critical component of project finance, and the book provides an overview of the methods used to evaluate the potential returns and risks of a project. It discusses the use of financial models, such as discounted cash flow analysis and real options analysis, to assess the value of a project and make investment decisions.

In addition to these core topics, the book also provides an introduction to Portfolio Management using renewable energy assets. It explains the role of climate finance in green energy investments and discusses the various mechanisms used to promote sustainable development, such as carbon pricing, green bonds, and renewable energy subsidies.

The book is written in a clear and concise manner, with numerous creative figures and comprehensive tables to aid with understanding. A commented glossary enables readers to unpick the jargon used in project finance for renewable energy, and the numerous real-world examples provide practical insights into the challenges and opportunities associated with project finance in renewable energy infrastructure.

Introduction to Project Finance in Renewable Energy Infrastructure is a valuable resource for professionals, engineers, and academics alike interested in understanding the process and components of project finance in renewable energy infrastructures, in both private and public-private contexts. It offers a comprehensive picture of the discipline and provides valuable insights into the challenges and opportunities associated with financing large-scale renewable energy projects.

Weight: 450g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030687427
Edition number: 1st ed. 2021