BaltCap infrastructure fund – its value, financing conditions; type of infrastructure projects for what finance is approved, public private partnership (PPP); Central Finance and Contracting Agency services of Republic of Latvia – in field of PPP, myths and benefits of PPP, costs profile of PPP, examples of implemented PPP projects also un district heating systems

Company`s development towards use of RES, including solar energy, use of solar energy not only for heating, production of electricity – as economic gain for company; application to ALTUM (a state-owned development finance institution, which offers state aid for various target groups with the help of financial tools) grant for elaboration of energy audit for feasibility study on potential investments in relation to consumption of energy resources (reconstruction of boiler house): in amount of 85% with provision to invest in the project 25 times more than received grant for energy audit; company is the first in Latvia, participating in such kind of grant

Development and transition to alternative fuel (biomass); realised investment projects; direct contracts with customers – as benefit; idea of waste derived fuel regeneration facilities project and its status – the plan to built new boiler house, where as fuel  will be used fuel derived from waste in order to solve the problem of utilisation of municipal waste of Ventspils city (Initiator of the project is Ventspils city utility company in charge of waste management); benefits of the project

Financial analysis and investment assessment - basic principles; simple payback; opportunity costs; discounting - current Value of Future Revenue; Net Present Value calculation; Internal Rate of Return; Profit Index method or PI method; accounting Rate of Return and Return on Capital Employed; summary on methods of economic assessment; project financing scheme; captive capital price; project financing scheme; “Leverage principle”; how to take into account inflation; stages of investment assessment; determination of the amount of capital investment of the project; exponential cost assessment method; determination of the amount of capital investment in the project (factor assessment method); technology learning curve; change of specific capital investment in technological view/ pilot – all the topics were accompanied by calculation examples from district heating sector

Meaning and place of business planning in business management, financial  ratios, financial forecasts and planning, risk management, the meaning and drawing up of a business plan, valuation of business profitability: Internal Rate of Return (IRR), Net Present Value (NPV), point of loss; financial sources, technically economic supply on an example basis

From the choice of strategy and decision-making to the financing of the project: affecting factors, stakeholders (municipal/ investor/ EU funds), choosing the optimal solution; development of technical economic justification/ feasibility: structure/ content of the technical economic feasibility study, required data, assessment/ calculation of alternatives; example of an investment project (from strategy to project implementation)