Note: this is a course description from a previous semester. The Spring 2014 description will be updated as soon as it is available.

 

COURSE NUMBER: EWMBA 217-12

This course is cross listed with the FT MBA.

NOTE: EW217-11 and EW217-12 are two separate and independent courses.  You can enroll in one, the other, or both.

COURSE TITLE: Energy and Infrastructure Project Finance (Section 2)

UNITS OF CREDIT: 1 Unit

 

INSTRUCTOR:  Sheldon Kimber

 

E-MAIL ADDRESS:  sheldon.kimber@recurrentenergy.com

 

CLASS WEB PAGE LOCATION: http://bspace.berkeley.edu

 

MEETING DAY(S)/TIME: Sundays, 4/13 & 4/27, 9:00 AM – 5:00 PM

 

Please note the unusual format of this course, which meets all day on two Sundays -   You must attend both sessions in their entirety in order to earn a passing grade.

 

PREREQUISITE(S):

Familiarity with core finance and accounting concepts will be assumed throughout the class.

 

CLASS FORMAT: The class will consist of a mixture of case work/discussion, in class modeling exercises and conclude with a team presentation of case solutions to the class. 

 

REQUIRED READINGS: The class will rely primarily on case materials and handouts provided in class. 

 

BASIS FOR FINAL GRADE:

The final grade will be based upon the student’s participation in case discussions and their performance on the team case presentation.

 

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:

This course will compliment the course Energy and Infrastructure – Project Finance (Part 1).  Where the first part of this offering will focus on the legal and risk framework for project financings, Part 2 will be devoted to the financial and quantitative aspects of project finance.  This includes: project financing as part of the capital markets (i.e. sources of project finance), optimizing the capital structure of project financed assets, project level modeling, the lifecycle of a project financing deal, interaction between project finance and project development and the application of these and other concepts to a case problem. 

 

MODIFICATIONS TO COURSE FROM ITS MOST RECENT OFFERING: N/A

 

BIOGRAPHICAL SKETCH:

Sheldon Kimber has over a decade of experience in energy finance and development. In his current role as SVP, Development for Recurrent Energy, Sheldon leads all North American project development, expansion, and origination activities. Formerly the vice president of finance at Recurrent Energy, Sheldon was instrumental in developing and negotiating the company’s existing projects, fund raising efforts, and joint venture agreements. Previously, he spent five years at Calpine, working on gas-fired power projects and power purchase agreements. While at Calpine he was involved in over $2 Billion of successful project and structured financings.  He has also worked as an investment banker for industrial and natural resource companies at Goldman Sachs, and in Accenture’s strategy consulting practice, specializing in power price forecasting and asset valuation projects for utility clients. Sheldon holds an MBA from UC Berkeley’s Haas School of Business and a BA in Economics from Kenyon College.