Renewable Energy

Renewable Energy

This Overview is a guide to the Banking & Finance content within the Renewable Energy subtopic, with links to the appropriate materials.

Project financing of renewable energy projects

‘Renewable energy’ projects are projects that generate energy using renewable sources, which are sources that renew naturally, and relatively quickly (on a human scale, unlike fossil fuels). Renewable energy sources include biomass, geothermal, hydro, solar, and wind. Within each of these categories, projects can take a variety of forms and can take advantage of a variety of structures.

Renewable energy projects are financed by a number of sources: direct equity investment, shareholder loans, on a corporate basis, or by project finance (which itself features a variety of different finance sources).

Recently, market appetite for renewable energy projects has been robust and measurable. Despite the constraint on the availability of credit from commercial banks, the market continues to see significant levels of activity on projects of ever-increasing size and complexity. That this level of activity can occur is due to, and stimulated by, a number of factors:

•
the emergence of creative solutions by sponsors to fill the funding gap left by the

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