Essentials of Utility Finance provides participants with the skills needed to master the principles of corporate finance specific to utilities in the current regulatory environment.

Combining intensive instruction on theory and application, supplemented by real life examples, this program provides the equivalent of graduate level instruction under the tutelage of one of the most highly respected academics in energy finance.

Class work consists of lectures, review questions and problem sets that illustrate the nuances of finance issues in this complex, regulated sector.

What participants gain:

• A thorough understanding of the issues in cost of capital
  calculations, capital allocation frameworks and alternative capital structures
• Familiarity with the key metrics for assessing risk and performance
• The advantages, drawbacks and impact of capital raising instruments common to utilities
• Knowledge of equity performance measures, including EVA and cash flow ROI
• Exposure to the ways utilities utilize hedging and other risk management practices
• A grasp of the effects of regulation and rate cases on a company's financial decision making frameworks and financial outlook

This program presumes an understanding of basic accounting and finance concepts, as well as a familiarity with utility business models. This program does not include hands-on Excel modeling.