RENEWABLE ENERGY
FINANCE AND MODELLING
6 - 9 February 2017 - JOHANNESBURG

Developing the tools for building successful financial models for renewable energy projects

By their very nature, renewable energy projects come in all sizes and can be attractive in any country. Hence, financing models and structures must be adopted accordingly whilst risks must be considered carefully. This 4 day course on renewable energy modelling and financing presents the tools to analyse and structure renewable energy projects and to incorporate inherent risks required to navigate any renewable energy project. 

 

 

COURSE
BENEFITS

• Understanding characteristics of renewable energy projects and what makes them different from other energy projects.

 Explore the use of non-recourse project finance in renewable energy finance.

 Develop and use a financial model that allows in-depth quantitative analysis of renewable energy projects. 

• Learn about operating models as well as financing instruments used to fund renewable energy 

Identify and categorize risks and study strategies to control, mitigate, finance, avoid and manage them.

 

KEY
TAKEAWAYS

 Master best-practice techniques for financing renewable energy projects

 Create and keep your own template for assessing qualitative and quantitative risks when funding or investing in renewable energy projects and related transactions.

 Gain confidence in examining renewable power purchase agreements, and other critical contracts

 Ensure understanding through hands-on workshops and case studies to reinforce principles

 

DOWNLOAD THE FULL BROCHURE HERE REGISTER FOR THE COURSE HERE

 

   AGENDA
 AT A GLANCE

DAY 1

Technical Aspects of Renewable Energy & Operating Model

• Introduction to renewable energy sources and technologies: estimation of annual energy production.
• Calculation of exceedance probabilities P-90, P-95
• Measures in renewable energy to compare projects and technologies
• Revenue models: price finding mechanisms, quantity determination

 

DAY 2

Financing Instruments and Sources of Finance
 

• Financing instruments: Equity, loans, bonds, leasing, guarantees, tax credits
• Modelling debt: repayment schedules, interest calculations, multi-currency
• Introduction to non-recourse project finance

DAY 3

Financial Model and Structuring

• Creating a cash-flow based financial model in Excel
• Cash flows to project, debt and participating investors.
• Structuring the project 
• Using model output in investment and lending decisions: what makes a project “bankable”?
• Application of uncertainty in annual energy production in lending decisions.
• Debt re-financing
• Secondary equity sale

DAY 4

Risk Assessment and Model Applications

• Risk analysis: identifying risks and determining implications on financial model. 
• Sensitivity Analysis
• Scenario Analysis
• Monte Carlo Analysis

 

YOUR
TRAINER

Your renewable energy trainer this year will be Joachim Baumgaertner who is founder and managing director of Green Rhino Energy, an independent specialist consultancy advising companies in clean energy across the value chain and technologies.. Read more about Joachim below:

JOACHIM BAUMGAERTNER
Managing Director
Green Rhino Energy Ltd

Joachim brings project ideas to fruition by bridging complementary areas of renewable energy technologies, project finance and experience in project development. Joachim has been involved as both consultant and developer in utility-scale solar and wind power, solar greenhouses and waste to energy plants with a focus on Africa, including South Africa,
Zimbabwe, Ghana, Sierra Leone, Egypt, and Namibia.

Joachim has been part of a team winning project competitions held at “Making Solar Bankable” in Amsterdam and “Africa Energy Forum” in London 2016 for the development of a solar portfolio in Sierra Leone. Joachim was featured on 21st Century Business TV shown on CNBC Business and Fox Business. He has been guest speaker at conferences, e.g. “Utilityscale PV” in Milan 2011 and Envirotech Summit 2013 in London.

Prior to founding Green Rhino Energy in 2008, Joachim managed global projects in credit trading and market risk management at HSBC in London, Hong Kong and New York, and consulted for BP International on its strategic credit risk management platform. Joachim has a Masters in Electrical Engineering from the University of Stuttgart. As an engineer he conducted research into off-grid hybrid renewable energy systems with solar photovoltaics, wind turbines, batteries and diesel engine at the Centre for Renewable Energy in Loughborough, where he was awarded an MPhil. He gained an MBA with distinction from London Business School.

Course
Partners

IMBEWU is a Johannesburg (South Africa) based legal specialist consultancy providing services to the South African and international markets. IMBEWU specialises in all aspects of environmental, mining, energy and health and safety law.

IMBEWU collaborates with the law firm Warburton Attorneys in order to provide specialist environmental litigation and other legal services, including commercial services and providing attorney client privilege, where appropriate.

Visit http://imbewu.co.za/ for more information.