Financing the geothermal decade will not be an easy task, it will take all hands-on deck. Both private and public institutions will aid in this effort. In order to scale geothermal in a significant way, new financing schemes will need to be formed that help break barriers and mitigate risk. What are some of these potential schemes and instruments that can be deployed? I sit down with Amanda Lonsdale at Magnitude Global Finance to talk about the current landscape and what needs to still be worked out.
Large scale energy infrastructure projects require significant up-front investment and usually carry a considerable amount of risk. How the projects are financed plays a key role in the success of the project and future scalability. Geothermal is no different than the Oil and Gas industry, solar, wind, hydrogen you name it - a lot of money will be needed but will need to be efficiently and effectively deployed to achieve the desired outcome for all stakeholders. I sit down with Amanda Lonsdale at Magnitude Global Finance to talk about the nuances in financing large scale projects, available instruments to mitigate risk, and hurdles still to overcome.
Magnitude Global Finance
https://www.linkedin.com/company/magnitude-global-finance/
Amanda Lonsdale
https://www.linkedin.com/in/amanda-lonsdale-390749/
Amanda's Book Recommendation
Creating Climate Wealth by Jigar Shah
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari