Financing of Energy Projects and Ventures
Semester: winter / summer
ECTS credits: 5
Lecture hours per week (SWS): 4
Lecturer: Prof. Dr. Lassen
Course Language: English
Prerequisites:
Students have a basic understanding of the different technologies for renewable and fossil energy conversion and understand the underlying challenges and risks. Moreover, they have basic knowledge of controlling, investment calculus, and enterprise valuation.
Qualification objectives:
Students acquire solid knowledge about the different investment vehicles for (especially renewable) energy projects, such as project finance, project bonds, closed funds, etc. Students shall be qualified to develop a financing structure for a specific energy projects with the aforementioned instruments. This includes intense MS Excel modeling.
Course contents:
Financing of energy projects:
- Fundamentals of financing energy projects
- Project finance and financial modeling
- Project bonds, profit-sharing rights, closed-end funds
- Crowd-funding
- Energy cooperatives
- Public grant funding
Financing of Energy Ventures:
- Financing sources for new ventures
- Venture capital process
- Company valuation methods
Teaching format (e.g. online/in person lecture/Seminar/Lab etc.): Lecture, case study work, simulation game
Examination type: Study Paper(s)
