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What is project finance? What makes project or structured finance so relevant for large renewable energy infrastructure? Which vocabulary do I need to know in order to speak the same language during meetings with lawyers, investors, bankers and engineers? These questions and many more are answered throughout this book, offering real world examples to bridge the gap between theory and practice.
The book details the role of each stakeholder in the development of renewable energy projects, the interconnection between all the agreements, the financial process from fundraising to financial close, the processes of due diligence, risk analysis, project investment valuation and much more. It also provides with an introduction to Portfolio Management using renewable energy assets and an explanation of the role of Climate Finance in green energy investments. The commented glossary enables readers to unpick the jargon used in project finance forrenewable energy, and the numerous creative figures and comprehensive tables aid with understanding.
Offering a complete picture of the discipline, Introduction to Project Finance in Renewable Energy Infrastructure will be of value to 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.
List of contents
Introductory Concepts.- Chapter 1. Corporate Vs. Project Finance.- Chapter 2. Project Finance From the Perspective of Each Stakeholder.- Chapter 3. Developing Renewable Energy Projects.- Chapter 4. Interest Conflicts Between the Stakeholders.- Chapter 5. Public Private Partnerships and Concessions.- Chapter 6. Contracts in Project Finance.- Chapter 7. Basics of Financial Modelling.- Chapter 8. Quantitative Evaluation of Renewable Energy Projects.- Chapter 9. Qualitative Evaluation of Renewable Energy Projects.- Chapter 10. Risk Definition and Analysis.- Chapter 11. Termination: Change in Law, Default and Dispute Resolution.- Chapter 12. Due Diligence.- Chapter 13. Technology Development.- Chapter 14. Climate Finance at a Glance.- Chapter 15. Case Studies: Auction Bid (I) and Shares Purchase Offer (II).- Chapter 16. Financial and Technical Glossary.
About the author
Farid Mohamadi graduated in industrial engineering from HTW in Berlin (2006) and ESTA in Belfort (2004). He is certified Financial Modeling and Valuation Analyst (FMVA) from CFI in Toronto and Green Energy Finance Specialist (GEFS) from RENAC in Berlin. He is visiting lecturer at the National University of Colombia. He currently holds the position of Head of Sales and Business Development for Northern LATAM at German OEM ENERCON, a top-tier renewable energy technology provider. Mr Mohamadi is a professional with more than a decade of experience in management of renewable energy projects in developed and developing countries (France, Germany, Scotland, North Africa, Central America and South America). He has knowledge of the complete process of project development, from the fundraising and site research to the operation of the power plants. This includes knowledge of private and public procurement and tender processes, evaluation of large-scale projects and assets, structure of project companies, interaction and negotiation between the involved parties, the legal frameworks in developed and non-developed countries, the contractual structure behind the projects, the sales of projects rights and assets.
