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Master’s in Project Finance Engineering for Mobility and Energy Infrastructure

Online master's programme of 1,900 hours in project finance engineering for mobility and energy infrastructure: 12 modules covering project structures, financial modelling, risk allocation, project contracts, PPPs, renewables, e-mobility infrastructure, due diligence, green finance, secondary markets and multilateral funding, with an assigned technical tutor.

Duration1900 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
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Learning outcomes

What you will be able to do

01

Structure infrastructure projects under project finance schemes.

02

Build financial models with debt sizing by DSCR.

03

Identify project risks and allocate them among the parties.

04

Analyse the key concession, EPC and PPA contracts.

05

Evaluate public-private partnership schemes through value for money.

06

Apply the EU Taxonomy and green finance standards.

07

Plan the financing of charging networks and renewable assets.

Profile

Who it's for

  • Project finance analysts in banks, funds or developers.
  • Infrastructure investment managers.
  • Financial advisers on concessions.
  • Financial modellers.
  • Renewable energy financing managers.
  • Public-private partnership consultants.
  • Engineering or science graduates aiming to move into renewable energy.
Standards & tools

What you'll work with

  • Spanish Act 9/2017 (Public Sector Contracts Act)
  • Equator Principles (EP4) (environmental and social risk in project finance)
  • Regulation (EU) 2020/852 (EU Taxonomy)
  • IFC Performance Standards (environmental and social sustainability)
  • Regulation (EU) 2023/2631 (European Green Bonds)
  • Regulation (EU) 2023/1804 (AFIR) (alternative fuels infrastructure)
  • Regulation (EU) 2021/1153 (Connecting Europe Facility)
  • Regulation (EU) 2019/2088 (SFDR) (sustainability-related disclosures in financial services)
  • Microsoft Excel
  • @RISK
  • Python
  • PVsyst
  • WindPRO
Syllabus

12 modules · 1900 h

  1. 1.1Corporate finance versus project finance
  2. 1.2Special purpose vehicle and risk ring-fencing
  3. 1.3Sponsors, lenders and counterparties
  4. 1.4Non-recourse and limited-recourse financing
  5. 1.5Life cycle of a financed project
  6. 1.6The infrastructure market in Europe
  7. 1.7Infrastructure funds and institutional investors
  8. 1.8Multilateral banks: EIB and EBRD
  9. 1.9Technical, legal and insurance advisers
  10. 1.10Case study: structure of a financed wind farm
  1. 2.1Architecture of a project finance model
  2. 2.2Construction and operation timeline
  3. 2.3Revenues, costs and cash flow available for debt service
  4. 2.4Cash flow waterfall and priorities
  5. 2.5Debt sizing by DSCR
  6. 2.6LLCR and PLCR ratios
  7. 2.7Debt service reserve accounts
  8. 2.8Taxation and depreciation
  9. 2.9FAST modelling best practice
  10. 2.10Lab: financial model of a photovoltaic plant
  1. 3.1Project risk matrix
  2. 3.2Construction risk and EPC contracts
  3. 3.3Demand and traffic risk
  4. 3.4Wind and solar resource risk
  5. 3.5Operation and maintenance risk
  6. 3.6Interest rate risk and hedging
  7. 3.7Regulatory and political risk
  8. 3.8Project insurance programme
  9. 3.9Offtaker counterparty risk
  10. 3.10Exercise: risk allocation for a motorway
  1. 4.1Concession contract and tender specifications
  2. 4.2Turnkey EPC contracts
  3. 4.3Operation and maintenance contracts
  4. 4.4PPA power purchase agreements
  5. 4.5Fuel supply contracts
  6. 4.6Direct agreement with lenders
  7. 4.7Loan agreement and conditions
  8. 4.8Guarantees and the security package
  9. 4.9FIDIC Silver Book and Yellow Book forms
  10. 4.10Case study: analysis of a corporate PPA
  1. 5.1Public-private partnership models
  2. 5.2Concession contracts under Spanish Public Sector Contracts Act 9/2017
  3. 5.3Availability payments versus demand risk
  4. 5.4Shadow tolls and hybrid models
  5. 5.5Value for money and the public sector comparator
  6. 5.6Motorway concessions in Spain
  7. 5.7Rail, tram and metro PPPs
  8. 5.8Concession airports and ports
  9. 5.9Economic rebalancing of concessions
  10. 5.10Workshop: value for money of a tram project
  1. 6.1Financing onshore and offshore wind
  2. 6.2Utility-scale photovoltaics
  3. 6.3P50 and P90 resource studies
  4. 6.4Regulated, merchant and PPA revenues
  5. 6.5Auctions under the Spanish renewable energy economic regime
  6. 6.6Battery storage
  7. 6.7Renewable hydrogen and electrolysers
  8. 6.8Asset repowering
  9. 6.9Guarantees of origin
  10. 6.10Case study: wind farm debt under a P90 scenario
  1. 7.1Electric vehicle charging networks
  2. 7.2Electrification of bus depots
  3. 7.3Charging corridors for trucks
  4. 7.4Hydrogen refuelling stations and heavy-duty mobility
  5. 7.5Charging revenues
  6. 7.6Deployment targets under the AFIR Regulation
  7. 7.7Utilisation and demand risk
  8. 7.8Financing electric fleets
  9. 7.9CEF Transport funding
  10. 7.10Exercise: financial model of a fast-charging network
  1. 8.1Technical due diligence
  2. 8.2Legal and regulatory due diligence
  3. 8.3Insurance due diligence
  4. 8.4Market and traffic due diligence
  5. 8.5Environmental and social due diligence
  6. 8.6Term sheet and negotiation
  7. 8.7Conditions precedent to drawdown
  8. 8.8Financial close and drawdowns
  9. 8.9Loan monitoring
  10. 8.10Case study: conditions precedent of a project
  1. 9.1Equator Principles
  2. 9.2IFC Performance Standards
  3. 9.3EU Taxonomy and eligible activities
  4. 9.4European Green Bond Standard
  5. 9.5Green and sustainability-linked loans
  6. 9.6Environmental impact assessment
  7. 9.7Physical and transition climate risks
  8. 9.8SFDR fund disclosure
  9. 9.9Impact measurement and reporting
  10. 9.10Workshop: taxonomy eligibility of a project
  1. 10.1Project refinancing
  2. 10.2Project bond issuance
  3. 10.3Buying and selling operational assets
  4. 10.4Valuation of infrastructure assets
  5. 10.5Management of operating assets
  6. 10.6Platforms and yieldcos
  7. 10.7Returns of infrastructure funds
  8. 10.8Restructuring of distressed projects
  9. 10.9End of concession and reversion
  10. 10.10Exercise: valuation of an operating photovoltaic asset
  1. 11.1European Investment Bank
  2. 11.2Next Generation EU funds and the Spanish Recovery Plan (PRTR)
  3. 11.3Connecting Europe Facility
  4. 11.4InvestEU programme guarantees
  5. 11.5Export credit agencies
  6. 11.6Development banks in emerging markets
  7. 11.7State aid and compatibility
  8. 11.8Blended public and private finance
  9. 11.9Country risk and political risk insurance
  10. 11.10Case study: blended finance for a port
  1. 12.1Selection of the infrastructure project
  2. 12.2Market and revenue analysis
  3. 12.3Proposed contractual structure
  4. 12.4Risk matrix and mitigation
  5. 12.5Financial model and debt sizing
  6. 12.6Sensitivity and scenarios
  7. 12.7Sustainability assessment
  8. 12.8Financing and close strategy
  9. 12.9Master's Thesis report
  10. 12.10Master's Thesis: defence before a panel
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within the intake, so the programme is compatible with work.

Each module combines theory, guided reading of the original regulations and standards, and applied exercises. The working software is Microsoft Excel, @RISK, Python, PVsyst and WindPRO, in free, academic or evaluation versions. Exercises are built on real procedures: financial modelling of a renewable plant, risk allocation in a concession and taxonomy eligibility analysis of a project. Assessment is continuous by module, plus the final Master's Thesis.

Standards covered: Spanish Act 9/2017, Equator Principles (EP4), Regulation (EU) 2020/852, IFC Performance Standards, Regulation (EU) 2023/2631, Regulation (EU) 2023/1804 (AFIR), Regulation (EU) 2021/1153, Regulation (EU) 2019/2088 (SFDR).

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of the Equator Principles, the EU Taxonomy and Spanish Act 9/2017 applied to real cases, not as a theoretical annex.
Industry software:Microsoft Excel, @RISK, Python, PVsyst and WindPRO, in free, academic or evaluation versions.
Master's Thesis with defence:A complete financing structure, financial model and risk analysis for a real infrastructure project, defended before a panel.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

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

Market and revenue analysis
Select the infrastructure project and analyse its market and revenues.
Contractual structure and risks
Propose the contractual structure and build the risk matrix with mitigation measures.
Financial model and debt sizing
Build the financial model and size the debt, with sensitivities and scenarios.
Sustainability and financing strategy
Assess sustainability and define the financing and financial close strategy.
Master's Thesis
Present the full project finance case, defended before a panel.
Career opportunities

Where this takes you

Project finance analystInfrastructure investment managerConcessions financial adviserFinancial modellerRenewables financing managerPublic-private partnership consultant
Admissions & scholarships

Requirements

  • University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
  • Internet connection and a computer capable of running the programme software.
  • English sufficient to read technical standards.

Ready to start?

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

FAQ

Frequently asked questions

The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Microsoft Excel, @RISK, Python, PVsyst and WindPRO, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

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

A university degree in engineering, science or architecture (or equivalent professional experience), a suitable computer and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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