PROJECT FINANCE ON RENEWABLES

15 - 17 JUNE 2020, KUALA LUMPUR, MALAYSIA

About The Course

Tailored to the specific challenges renewable power projects face in an emerging market environment, this course will be heavily based on real case studies and lessons learned instead of theoretical concepts. This highly demanding course aims to zoom from big picture context to quantitative and qualitative project level details  and  back  up  again  to understanding the relationship between the two. Each module will be enriched by using additional materials in form of financial models, sample loan contracts, online tools and video clips to analyze case studies. Ample time will be dedicated to hands-on financial analysis and  structuring of IPP projects to make participants understand why projects have failed or successfully be realized. Participants will also receive access to a shared cloud folder with in-depth background reports and supporting course material in electronic format.

Learning Outcomes

• Gain an overview of current power market situation in emerging markets and their key drivers

• Understand the motivations of key stakeholders in independent power projects

• Identify, evaluate and allocate key risks in the power project finance context

• Review and use a power project financial model

• Assess risk and return issues for both debt providers and equity investors

• Analyse various project finance term sheets for fuel-based and renewable power projects

• Build your knowledge through case studies from emerging market power projects

• Learn from our highly experienced trainer to understand key tools and techniques

• Benefit from a highly experiential learning environment

• Share current issues and challenges with colleagues from across the power industry

Who Should Attend

  • Project developers
  • Investors
  • Commercial lenders and development finance banks
  • Infrastructure and private equity funds
  • Utilities, IPPs, Oil & Gas companies
  • Construction companies and Equipment manufacturers
  • Policy makers and Regulatory agencies

Expert Course Faculty

Our key expert is an independent financial advisor with some 20 years’ experience in the power & renewable sector.

 

Since six years, he has successfully delivered energy finance training to hundreds of executives from more than 80 countries in some 100 seminars in across the world. Additionally he serves as a lecturer in the IESE Business School and the Renewable Energy Finance Studies Program of the Frankfurt School of Finance and Management.

 

Delegates come from leading financial institutions, industrial corporations and governments such as e.g. IFC, FMO, GIZ, IFU, Obviam, KfW, HBOR, European Investment Bank, UNDP, Asian Development Bank, African Development Bank, African Finance Corporation, JBIC, Industrial Development Corporation, Banco Santander, Enel, E.ON, Vattenfall, Endesa, Eskom, Total, Sumitomo, Gamesa, Siemens, Akka Enerji, Akzo Nobel, BP, Shell, Abengoa, Energomontaza, Mitsubishi, SgurrEnergy, PwC, Investec, RES, Globeleq, Aldwych, The Crown Estate, Coca-Cola, Procter&Gamble, Pacific Gas & Electric, Omrom, OFGEM, Munich Re, AES, Alstom, Schneider Electric, Aveng Group, Air Liquide, NEPRA, Saudi Aramco, King Saud University, Swicorp, Qatar Petroleum, K.A. CARE.

 

Some of the topics delivered include Independent Power Projects, Project Finance, Power Purchase Agreements Renewable Technologies & Economics, Financial Analysis & Structuring, Risk Mitigation, Loan Term Sheets Elements, Government Tenders and Policy Incentives, Electricity Market Structures & Liberalization, Electricity Pricing, Project Transactions & Valuations, Innovative Renewable Business Models. Due to his versatile experience and personality, he has the ability to quickly relate to and leverage different cultural and professional backgrounds of delegates. His objective is not only to train passionately on fascinating energy finance topics, but to deliver a seminar experience, where delegates weave together as a group of persons and exchange not merely business cards, but ideas to spur business beyond.

 

He started out his career in a leading North European Strategy Consultancy, where he made substantial contributions to build the energy practice within the firm. He developed and implemented innovative distributions concepts for utility clients to face the competitive challenges of the newly liberalized German electricity market.

 

In 2002, anticipating the tectonic shifts to arrive in the energy sector by renewables, he decided to set-up his own advisory boutique to serve exclusively the renewable energy sector. In the following years, he supported world leading Utilities, IPPs and Private Equity Investors, such as Iberdrola, AES, RWE, OMV, Englefield Capital and Hudson Clean Energy Partners to thoroughly assess international market opportunities and successfully assemble project portfolios across mature and emerging European renewable markets. Based on this work his clients were able to realize their investment strategy via the acquisition of local partners, greenfield and operating wind, solar, biomass, geothermal or hydro projects with pipelines of many thousands MW capacity.

 

He also became a recommended speaker at leading international energy conferences on topics of market attractiveness and investment drivers for renewables. He formed part of the Working Group ‘Financing the Energy Turnaround’ in Frankfurt and was one of the first members of the European Technology Platform for Wind Energy, as well as of EWEA, ACORE, LAWEA, EUBIA, ESHA and EGEC.

 

Since ten years, he focuses on the particular challenges of power projects in emerging markets, such as Bulgaria, Turkey, Egypt, Georgia, New Zealand, Taiwan, South Korea, Mexico, South Africa or Pakistan. He flags risks to international investors coming from regulatory environment, grid connection and competitors. Developers are supported to raise equity, mitigates risks via the creation of international project consortia and achieve project finance bankability with domestic and international lenders.

 

He holds an MSc in Industrial Engineering and Management from the Technical University of Berlin and is a qualified RYA Yachtmaster Ocean Instructor. He is trilingual in English, Spanish and German and conversational in French.

TOPICS COVERED

DAY 1

Power Sector Situation, Power Economics and Electricity Tariffs, Principles of Project Finance

 

DAY 2

Financial Sources, Understanding the elements of a term sheet for a loan credit facility, Financial Analysis and Structuring

 

DAY 3

Revenues Risks and Power Purchase Agreements, Construction Risks and EPC contracts, Credit Enhancement Instruments to help reach financial close

This training course has a limited attendance for up to 20 participants only. Sessions commence at 9am on all days, with short intervals at 10.30am and 3.30pm respectively. 
Refreshments will be provided in the short intervals. Lunch will be provided at 12:30pm for 1 hour. Sessions will end at 5pm on all days.

Unique Features with powerEDGE Training

  • Pre-Course Questionnaire (PCQ) to help us focus on your learning objectives
  • Detailed course & reference manual for continuous learning and sharing
  • Practical exercises & case examples to better understand the principles
  • Limited class size to ensure one-to-one interactivity
  • Assessment at the end of the course to help you develop a personal action plan