The global energy industry is comprised of the largest and most interrelated set of businesses in the world. From its inception, the industry has grown dramatically to provide ever increasing amounts of energy and power to commercial, industrial and retail consumers around the world. Given its unique industry structure, specialized financing techniques have been developed to expand and/or complement conventional public and private financing alternatives. These specialized financing approaches have, in turn, allowed the energy industry to access an unprecedented range of capital sources to finance its increasingly complex and challenging business model.
Brooks Klimley was a Columbia Business School faculty member from 2009 to 2016.