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CourseEnergy and Networks Enrolment open

Course in Project Finance for Energy Projects

Online 300-hour course in project finance for energy projects. 6 modules covering the Equator Principles (EP4), ICMA Green Bond Principles and Microsoft Excel. Assigned tutor and open enrolment.

Duration300 h
ModeOnline
Start datesOctober / March
LocationEurope (Madrid)
AwardSEIUM Institute diploma
Enrol now View syllabus Ask an advisor
Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this programme. Move the sliders, watch the model react in real time and beat the challenge.

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Learning outcomes

What you will be able to do

01

Understand the logic of non-recourse project financing.

02

Design the contractual structure and risk allocation.

03

Build a complete financial model of an energy asset.

04

Size debt based on coverage ratios.

05

Carry out sensitivity analysis and stress cases.

06

Manage the due diligence and financial close process.

07

Present a financing proposal for an energy project.

Profile

Who it's for

  • Project finance analyst who wants to specialise in Project Finance for energy projects.
  • Structured finance manager who wants to specialise in Project Finance for energy projects.
  • Energy investment analyst who wants to specialise in Project Finance for energy projects.
  • Renewables financial adviser who wants to specialise in Project Finance for energy projects.
  • Energy project controller who wants to specialise in Project Finance for energy projects.
  • Due diligence specialist who wants to specialise in Project Finance for energy projects.
  • Engineering or science graduates seeking to enter banking and project finance.
Standards & tools

What you'll work with

  • Equator Principles (EP4)
  • ICMA Green Bond Principles
  • Regulation (EU) 2023/2631 on European green bonds
  • IFC Performance Standards
  • Regulation (EU) 2020/852 (Taxonomy)
  • LMA Green Loan Principles
  • IFRS 9 (NIIF 9)
Syllabus

6 modules · 300 h

  1. 1.1Recourse and non-recourse financing
  2. 1.2Project company (SPV)
  3. 1.3Participants: sponsors, lenders and counterparties
  4. 1.4Risk profile of energy projects
  5. 1.5Comparison with corporate financing
  6. 1.6Development, construction and operation phases
  7. 1.7Renewables financing market
  8. 1.8Equator Principles and responsible financing
  9. 1.9Green bonds and sustainable debt
  10. 1.10Workshop: structure of a non-recourse financed wind farm
  1. 2.1Turnkey EPC contract
  2. 2.2Operation and maintenance contracts
  3. 2.3Power purchase agreements
  4. 2.4Equipment supply contracts and guarantees
  5. 2.5Shareholders' agreement
  6. 2.6Loan agreement and covenants
  7. 2.7Security package and pledges
  8. 2.8Direct agreements with counterparties
  9. 2.9Construction and operation insurance
  10. 2.10Case study: contractual risk allocation matrix
  1. 3.1Architecture of a financial model
  2. 3.2P50 and P90 production assumptions
  3. 3.3Revenues from market prices and PPAs
  4. 3.4Operating costs and replacement capex
  5. 3.5Taxation, depreciation and allowances
  6. 3.6Cash flow waterfall
  7. 3.7Debt sizing by coverage ratio
  8. 3.8Debt service reserve accounts
  9. 3.9DSCR, LLCR and PLCR ratios
  10. 3.10Lab: financial model of a photovoltaic plant in Excel
  1. 4.1Technical due diligence by the independent adviser
  2. 4.2Resource assessment and production studies
  3. 4.3Market risk and price cannibalisation
  4. 4.4Construction risk and delays
  5. 4.5Regulatory and permitting risk
  6. 4.6Sensitivity analysis and scenarios
  7. 4.7Bank stress cases
  8. 4.8Legal, insurance and environmental due diligence
  9. 4.9Credit rating of projects
  10. 4.10Practice: sensitivity analysis of a wind project
  1. 5.1Financing tender process
  2. 5.2Term sheet and negotiation
  3. 5.3Conditions precedent to drawdown
  4. 5.4Management during construction
  5. 5.5Reporting to lenders and covenant compliance
  6. 5.6Refinancing and debt optimisation
  7. 5.7Interest rate hedging
  8. 5.8Asset sales and secondary market valuation
  9. 5.9Financing storage and hydrogen
  10. 5.10Case study: refinancing of a solar portfolio
  1. 6.1Description of the energy project
  2. 6.2Corporate and contractual structure
  3. 6.3Technical and market assumptions
  4. 6.4Building the financial model
  5. 6.5Debt sizing
  6. 6.6Risk analysis and sensitivities
  7. 6.7Proposed term sheet
  8. 6.8Recommendation to the investment committee
  9. 6.9Report and presentation
  10. 6.10Final review with the tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetable: students progress at their own pace within the intake, which makes it possible to combine study with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Microsoft Excel, Modano, Bloomberg Terminal, PVsyst, WindPRO, in free, academic or evaluation versions. Tests are studied using real procedures: building a financial model for a photovoltaic plant, sizing the debt of a wind farm, sensitivity analysis and bank stress cases. Assessment is continuous by module, plus the final integrating project.

Accreditable laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-oriented Master's Thesis:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, with OT cyber security, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Description of the energy project

Understand the logic of non-recourse project financing.

Corporate and contractual structure

Design the contractual structure and risk allocation.

Technical and market assumptions

Build a complete financial model of an energy asset.

Building the financial model

Size debt based on coverage ratios.

Debt sizing

Carry out sensitivity analysis and stress cases.

Career opportunities

Where this takes you

Project finance analystStructured finance managerEnergy investment analystRenewables financial adviserEnergy project controllerDue diligence specialist
Admissions & scholarships

Requirements

  • No prior degree required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient command of Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

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FAQ

Frequently asked questions

The programme totals 300 hours, spread over 3 to 5 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.

The course uses Microsoft Excel, Modano, Bloomberg Terminal, PVsyst and WindPRO. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM own diploma on passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher-level programme. Check the recognition policy when you enrol.

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