Examinando por Materia "Ley 1715"

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    Ítem
    Análisis comparativo para el desarrollo de proyectos hidroeléctricos en Colombia : Project Finance versus ejecución dentro de balance
    (Universidad EAFIT, 2022) Zapata Campuzano, Pablo; Paredes Zambrano, Guillermo Alfredo
    The construction of hydroelectric plants in Colombia has traditionally been carried out by established players in the electric sector that use their assets as collateral to finance new projects. However, given the high risk that hydroelectric projects present, investors are evaluating alternative mechanisms such as Project Finance. This document studies, from a financial perspective, the main differences, advantages, and disadvantages of developing a hydroelectric project within a company balance sheet and under Project Finance in Colombia. A simplified financial modeling of the two schemes is also presented in the study, finding that projects executed within the balance sheet generate a higher rate of return for the investor. The study also concludes that incentives, such as Law 1715, for the development of renewable energy projects are more effective if the projects are executed within the balance sheet of the company.