What are the steps to develop and finance an infrastructure project and turn it into a profitable, long-term operating asset? And how does developing an infrastructure project differ from starting a company?
Finance Division
How should The Hershey Company respond to a potential acquisition by Mondelez International, and what is the company worth as a standalone business (with and without operational improvements)?
You are screening the acquisition financing of Waihonu Solar, a small solar project in Hawaii, earning fixed-price revenue under a feed-in tariff. The deal sits below your bank's size threshold, and the asset has a history of inverter failures. What is your recommendation to the investment committee: move forward, or pass? Prepare a short deal screening memo with your recommendation and the justification behind it.
What price would you pay for the project? What are the key valuation drivers and assumptions that you can change to make Highvale's bid competitive, and should you use them?
You are weighing an equity investment in Sizewell C: regulated, inflation-linked returns over 60 years, but only if it gets built. After Hinkley Point's overruns, does the Regulated Asset Base (RAB) framework, with government backing, transfer enough construction risk away from you to make this nuclear megaproject investable?
As part of its long-term strategic plan, should CBS Partners launch retail evergreen vehicles – open-ended funds designed for high-net-worth individuals and retail channels - in an effort to boost fundraising and grow the firm?
How should The Nature Conservancy (TNC) prioritize and select future Nature Bonds projects, given limited conservation funding, variable environmental and financial returns, and high execution complexity?
Should the International Finance Corporation (IFC) use blended finance to develop the Mocuba Solar Project? And if the project is successful, would it be transformational to Mozambique in providing power to residents as well as catalyzing commercial investment in future utility-scale solar projects in sub-Saharan Africa?
Should Capricorn Investment Group invest in Fervo Energy’s Series B venture financing round, balancing the potential of transformative technology and climate impact with the significant regulatory, financial and technical risks?
What strategy should BYD, the largest global battery electric and plug-in hybrid electric vehicle company, implement to maintain its leading position amidst increased competition and geopolitical and protectionist policies that presented obstacles to future growth?