Equity Investment in the U.S. Power Market: What Will Be the New “New Thing”?

摘要: The coming decades will see a growing emphasis on the financing of portfolios independent power facilities, comprised both newly constructed merchant or partially facilities and existing generation units with established operating capacity. Analysis shows that equal better returns, risk-adjusted basis, can be derived from than single-plant projects because help diversify risk, permit implementation trading strategies, make possible additional revenue streams through related activities such as fuel trading, enhance optionality value individual projects. Power project evaluated like companies following corporate finance strategies—and equity investments in them—like classic securities investments. Successful players this market must masters new types portfolio analysis asset acquisition.