Project finance is the fabric that brings together the stakeholders and components that make capital-intensive renewable energy projects a reality. The world has significant decarbonization targets to reach by 2050, and the energy transition is estimated by Bloomberg and McKinsey to cost about $200 trillion. With so much money required and being earmarked to propel this transition, it is worth understanding how energy projects source funding, what goes into the “valuation” and risk assessments of these projects, as well as the parties and structures involved.