Fundamentals of Geothermal

Geothermal projects fail on geology alone. They succeed when capital is structured correctly, risks are understood and priced, and value is clearly communicated to investors, geothermal offers a rare profile, a baseload renewable asset with stable, multi-decade cash flows, yet one that carries early-stage risks unfamiliar to traditional infrastructure finance.

This Fundamentals of Geothermal programme by LPC reframes geothermal from a technical energy concept into a capital-grade investment opportunity. Participants learn how a geothermal project evolves from high-risk subsurface exploration into a stable, yield-generating infrastructure asset, and how each phase attracts a different type of capital. The focus is on feasibility, bankability, valuation, and value creation.

Through practical structures, de-risking tools, and an executive investment simulation, participants develop a clear financial strategy and structure for geothermal. They gain the ability to structure projects across development, construction, and operating phases, to identify, price, and reallocate subsurface and construction risks, to evaluate geothermal using investor-grade valuation frameworks, to integrate geothermal into diversified energy and infrastructure portfolios