Course Overview

This comprehensive power valuation training course provides the skills you need to quickly and reliably value individual U.S. power sector assets and whole companies. The power valuation techniques you’ll learn are specific to the industry, so you can apply these principles immediately in your day-to-day efforts. 

You will learn by doing – studying real world case studies, rather than getting mired in theoretical abstractions. Build your knowledge of power assets, power plant valuation, power purchase agreements and tolling contracts and utility valuation. You will take home time-tested model templates that will save you effort as you apply these techniques yourself

Who Should Attend?

  • Finance, corporate development/strategy, and investor relations professionals at power and gas companies

  • Professionals in investment banking, project finance, asset management, hedge funds, or equity/fixed income research

  • Consultants, accountants and lawyers who advise power and gas clients

  • Current and potential suppliers or professionals looking for an understanding of how Wall Street analyzes the power and gas sector and the fundamentals that bear on their analyses

What You Will Learn

  • Create more accurate valuations by applying the standard valuation methods, including discounted cash flow (DCF), comparable analysis, and multiple analysis

  • See how to get the data that is used in standard modeling assumptions

  • Learn how to incorporate market based revenue and cost drivers, including forward and spot pricing and implied heat rates to develop more relevant, robust valuations

  • Discuss the role of power purchase agreements (PPAs), tolling agreements, steam contracts, and other financial arrangements that affect the value of a deal


James W. Bowen - President, Momentum Development Corporation

Jim Bowen is President of Momentum Development Corporation, which provides advisory and management services to clients in the energy sector, including banks, investment funds, and principal investors. He has been an instructor for SNL Knowledge Center for over four years.

CPE Credits

This course qualifies for CPE credits.