Author(s)

M. Khodorovsky, A. Domnikov & P. Khomenko

Abstract

Attracting investment in the Russian energy industry is a necessary condition for improving the competitiveness of energy companies. It is important to create an investment budget financing structure, in which the weighted average cost of funds will be minimal, and the amount of resources drawn from each source to fit the current market trends and financial sustainability criteria power generation company. This paper discusses problems of investment financing optimization of a power generation company, a proposed optimization model of investment financing and calculated parameters for the optimization of the investment program in the example of a Russian power generating company. Keywords: power generation company, investment, optimization model, financial sustainability, common stocks, preferred stocks, loans, bonds, project financing funds, leasing.

Keywords

power generation company, investment, optimization model, financial sustainability, common stocks, preferred stocks, loans, bonds, project financing funds, leasing.