Master’s in Financial Structuring Engineering for Energy Projects
Online master's programme of 1,900 hours in financial structuring engineering for energy projects, structured in 12 modules covering project finance, financial modelling, debt sizing, capital structure, project contracts, risk allocation, financing documentation, hedging, new technologies, sustainable finance and taxation, and financial close, with an assigned technical tutor.
Master’s in Financial Structuring Engineering for Energy Projects — studying from New Zealand
New Zealand's energy sector is distinctive for its high share of renewable generation, drawn from hydroelectric, geothermal and wind resources. Transpower operates the national grid, while distribution networks are run by regional lines companies, and the Electricity Authority regulates the wholesale and retail markets. Energy engineers are employed across generation, transmission, distribution and retail, with demand growing as the country works towards its renewable electricity goals.
Fees for New Zealand: NZ$11,700 (New Zealand dollar), with instalments and employer sponsorship available.
Relevant bodies in New Zealand
Typical roles
Questions from New Zealand
What professional recognition applies to energy and network engineers in New Zealand?
Engineering New Zealand administers Chartered Professional Engineer registration, which is widely used in the energy sector. The Electricity Authority oversees the electricity market, and the Electricity Engineers' Association is an industry body. SEIUM's qualifications are private and not accredited by any national body, so recognition is decided by employers or the relevant body.
Who employs energy and network engineers in New Zealand?
Major employers include electricity lines companies, generators, transmission operators, gas network businesses and consultancies. Roles often value registration, field experience and knowledge of New Zealand's grid and regulation. A private qualification may support your CV, but it does not guarantee employment or a particular career outcome.
Can I study from New Zealand with a full-time job, and does an employer need to fund it?
Yes. The programmes are 100% online and taught in English, so you can study from New Zealand without a student visa. You will have an assigned technical tutor and complete a final project. Specialist courses take 300 hours, diplomas 800 and master's programmes 1,900. Fees can be paid in instalments, and employer sponsorship is possible.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Understand the logic of project finance applied to energy.
Build financial models of energy projects.
Size debt using coverage criteria.
Design capital and investment structures.
Allocate risks through the project contracts.
Manage financial hedging.
Lead the process through to financial close.
Who it's for
- Energy project finance analysts seeking a rigorous structuring framework.
- Financial modellers who build or audit energy project models.
- Infrastructure investment managers evaluating renewable assets.
- Project finance advisers supporting sponsors and lenders.
- Structured finance bankers moving into the energy sector.
- Energy business development managers who need to make projects bankable.
- Engineering or science graduates aiming to move into banking.
What you'll work with
- Equator Principles (EP4) (environmental and social risk framework for project finance)
- Regulation (EU) 2020/852 (EU Taxonomy for sustainable activities)
- Regulation (EU) 2023/2631 (European Green Bond standard)
- IFRS 9 (financial instruments)
- Law 15/2012 (Spanish tax measures for energy sustainability)
- Green Loan Principles (LMA) (market standard for green loans)
- Green Bond Principles (ICMA) (market standard for green bonds)
- Royal Decree 960/2020 (Spanish renewable energy economic regime and auctions)
- Excel (FAST models)
- Python (numpy-financial)
- Bloomberg Terminal
- Power BI
- @Risk
12 modules · 1900 h
1.1Definition and characteristics1.2Non-recourse and limited-recourse financing1.3Project special purpose vehicle1.4Project parties1.5Advantages and drawbacks1.6History in the energy sector1.7The project finance market in Spain1.8Project bankability1.9Timeline of a financing1.10Case study: structure of a financed wind project
2.1Structure of a financial model2.2Technical and economic assumptions2.3Revenues and how to model them2.4Operating costs and their indexation2.5Taxes and depreciation2.6Project cash flows2.7Cash flow waterfall2.8FAST modelling best practice2.9Model audit2.10Lab: financial model of a solar plant in Excel
3.1Debt service coverage ratio3.2DSCR-based sizing3.3Sculpted repayment profiles3.4Debt tenor and tail3.5P50 and P90 scenarios in sizing3.6Loan life coverage ratio3.7Maximum allowable gearing3.8Sizing sensitivity3.9Negotiating with lenders3.10Practical exercise: debt sizing with sculpted repayment
4.1Sponsor equity4.2Financial investors and funds4.3Subordinated and mezzanine debt4.4Shareholder loans4.5Equity returns4.6Sale of stakes4.7Infrastructure funds4.8Co-investment and club deals4.9Asset rotation strategies4.10Case study: equity returns under different structures
5.1Power purchase agreement5.2Turnkey EPC contract5.3Turbine or module supply contract5.4O&M contract5.5Grid connection agreements5.6Land rights5.7Management contracts5.8Shareholders' agreement5.9Contractual interfaces and gaps5.10Practical exercise: bankability review of a PPA
6.1Project risk matrix6.2Construction risk6.3Resource risk6.4Market risk6.5Technology risk and warranties6.6Regulatory and political risk6.7Counterparty risk6.8Currency and interest rate risk6.9Allocation of risks between parties6.10Workshop: risk allocation matrix of a hybrid project
7.1Financing term sheet7.2Facility agreement7.3Guarantees and security7.4Conditions precedent to drawdown7.5Covenants and undertakings7.6Events of default7.7Project accounts7.8Intercreditor agreement7.9Lenders' advisers7.10Case study: analysis of a financing term sheet
8.1Interest rate swaps8.2Inflation hedges8.3Currency hedges8.4Electricity price hedges8.5Hedge accounting8.6Cost of hedging8.7Hedge counterparties8.8Basis risk8.9Hedge restructuring8.10Lab: valuation of an interest rate swap
9.1Battery storage9.2Renewable hydrogen projects9.3Offshore wind projects9.4Biomethane plants9.5Charging infrastructure9.6Technology risk and warranties9.7Public funding and blending9.8Contracts for difference9.9Projects with merchant revenues9.10Practical exercise: financial structure of a merchant storage project
10.1Project green bonds10.2Project green loans10.3Taxonomy and financing10.4Taxation of energy projects10.5Tax on electricity generation10.6Tax incentives for renewables10.7Transfer pricing10.8International investment structures10.9Project tax risk10.10Case study: issuance of a project green bond
11.1Technical due diligence by the independent engineer11.2Legal due diligence11.3Insurance due diligence11.4Market due diligence11.5Model audit11.6Financial close process11.7Drawdowns and certifications11.8Monitoring during construction11.9Managing the financing during operation11.10Workshop: conditions precedent checklist for a financial close
12.1Project selection12.2Assumptions and financial model12.3Debt sizing12.4Capital structure12.5Risk matrix and contracts12.6Sensitivity analysis12.7Final financial recommendation12.8Conclusions and future work12.9Thesis report12.10Master's Thesis: defence before a panel
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 can be combined with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Excel (FAST models), Python (numpy-financial), Bloomberg Terminal, Power BI and @Risk, in free, academic or evaluation versions. Exercises are based on real procedures for building project financial models, DSCR-based debt sizing, and sensitivity and risk analysis. Assessment is continuous by module, plus the final Master's Thesis.
Standards covered: Equator Principles (EP4), Regulation (EU) 2020/852 (Taxonomy), Regulation (EU) 2023/2631 (European Green Bonds), IFRS 9 (financial instruments), Law 15/2012 on tax measures for energy sustainability, Green Loan Principles (LMA), Green Bond Principles (ICMA), Royal Decree 960/2020.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
Requirements
- A university degree in engineering, science or architecture, or equivalent demonstrable professional experience.
- An 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.
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 Excel (FAST models), Python (numpy-financial), Bloomberg Terminal, Power BI and @Risk, 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 degree in engineering, science or architecture, or equivalent professional experience, plus a suitable computer, an internet connection 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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