Renewable Energy Finance

Santosh Raikar is Managing Partner of Silverpeak Renewables Investment Partners, responsible for leading the firm’s renewable energy sector platform. Santosh has more than 20 years of experience in energy and infrastructure project finance, including renewable energy, oil & gas, power, and midstream infrastructure assets. He was previously a Managing Director in the Renewable Energy Investments Group at State Street where he was responsible for leading a team in originating, structuring, and executing tax equity investments in the U.S. renewable energy sector. Santosh previously worked at Deutsche Bank and Lehman Brothers in Principal Investment areas. He holds two Master of Science degrees, one in Technology and Policy Program from the Massachusetts Institute of Technology and the other in Electrical Engineering from Arizona State University, as well as a BS in Electrical Engineering from the University of Mumbai. Santosh also teaches a graduate course titled “Renewable Energy Investments” at Boston College. Seabron Adamson is a Vice President at Charles River Associates, a global economics advisory firm, and was formerly a member of the energy and commodities group at Tudor Investment Corporation, a major alternative investment firm. He has advised a wide range of developer, banking, government, and private equity clients on green energy projects in the United States, Canada, and the European Union. He has taught classes on energy finance and economics at Tulane University and on renewable energy finance at the Carroll School of Management of Boston College. He holds graduate degrees from MIT, Georgia Tech and Boston University.

Part I: Introduction1. Introduction: Politics and Economics of Renewable Energy Projects2. Public Policy Mechanisms to Support Renewable Energy Projects3. Renewable Energy Project Development Process

Part II: Introduction to Project Finance4. Introduction to Project Finance5. Theory and Practice of Project Finance6. Financing Renewable Energy Projects in the US7. International Considerations for Project Finance8. Valuation of Renewable Energy Projects

Part III: Financing Distributed Energy Technologies9. Overview of Residential Solar Sector10. Evolution of Energy Storage Technologies – Batteries and other Technologies11. Clean Tech Investments: Challenges and Opportunities

Part IV: Power and Transmission Markets12. Introduction to Power Markets13. Transmission Markets and Transmission Congestion Assessment14. Credit Risk Assessment and Strategies for Renewable Energy Hedges

Part V: International Aspects of Renewable Energy Finance15. Lessons from Developed Economies (Germany, Italy, and Spain)16. Lessons from Developing Countries (India, China, and Chile)

AppendixA. Units of Energy and PowerB. Brief History of Power Markets in the USC. Case StudiesD. Problem Sets, Study Questions, and Answers