The AMALA team recently conducted a webinar as a part of ThinkGeoEnergy’s international series on geothermal development. It features AMALA’s Managing Director Migara Jayawardena, Senior Geothermal Resource Specialist Paolo Bona, and Manager for Energy and Strategy, Devanshi Patnaik. The session, titled “Techno-Financial Analysis of Geothermal Projects for Making Risk-Informed Investment Decisions,” drew over 70 industry professionals from across the globe, reflecting the sector’s growing focus on aligning technical realities with financial frameworks.
Jayawardena and Bona addressed one of geothermal’s most pressing challenges: the inherent resource-related risks of exploration and their critical implications for project ‘bankability.’ They introduced an integrated techno-financial approach to capture the evolving investment risk profile as geothermal projects advance through the multi-stage development process. By introducing several techniques to assess key geothermal-related risks and incorporating their implications into discounted cash flow (DCF) analyses and stochastic risk modelling, they demonstrated how investors and developers can more accurately evaluate project viability and make more risk-informed investment decisions at each stage.
Drawing on case studies from Asia, Africa, Latin America, and the Caribbean, the AMALA team illustrated how an integrated techno-financial methodology can help governments, development partners, and private investors align the technical realities of geothermal with investment structures that can withstand uncertainty while mobilizing capital into the sector.
Beyond project-level assessments, Jayawardena’s presentation noted AMALA’s application of an integrated, multi-perspective cost-benefit analysis that takes the methodology a step further to include economic, environmental, and stakeholder effects of clean energy investments such as geothermal. This comprehensive approach allows decision-makers to anticipate stakeholder concerns and ensure net positive value creation while still delivering bankable investments.
Through this engagement, AMALA reinforced the importance of bridging technical expertise with financial solutions to mobilize investments in renewable energy. By working alongside governments, financiers, and developers, the firm helps make investment risks more transparent and manageable, AMALA is helping create the conditions for more resilient, investable, and transformative clean energy projects worldwide.
Click here to watch the full recording of the session on YouTube. Please find the full presentation here
For more information on AMALA, please visit https://www.amalaenergy.com/about-us/.