2 Day Masterclass in Renewable Energy Project Finance and Modelling

A comprehensive training for the big picture of Renewable Energy financial modelling.

Overview | Objectives | Your Trainer | Course Participants | How It Works

During the past decades, the power market has experienced waves of ups and downs. Regulatory uncertainties, liberalisation policies and volatile oil & gas prices have made investors and debt providers very wary. Driven by demographics, the need for economic growth and concerns about climate change, renewable energy assets are seen increasingly favourably by investors. Due to the massive decline in costs, especially wind and solar can now compete head-on against conventional technologies. Thanks to the flexibility and ease of deployment, these technologies enable access to electricity for millions of people worldwide who are far removed from existing grid infrastructures whilst challenging the business models of traditional utilities.

Fluctuations in supply, flexibility in plant sizes and applications as well as secondary revenue streams from the sale of green certificates are peculiarities that need to be adopted in financial models and structures.

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 adapted accordingly whilst risks must be considered carefully.

Course Objectives

In this 2 Day Masterclass, participants will:

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

• Learn about different operating models and contracts as well as financing instruments used to fund renewable energy projects.

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

• Build and use financial models to analyse the project’s and the participant’s cash flows. The financial model is crucial in assisting developers, investors, lenders and customers with structuring finance, assessing risks, and building a convincing business case.

• Learn how to use scenario analysis to assess different funding structures, term sheets, and offers from contractors.

• Use the financial model to find and optimise a power tariff that can be put forward in a tender.

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

  Examples and case studies will be used to illustrate the principles.

Joachim Baumgaertner is a specialist management consultant in the renewable energy sector, advising technology start-ups, growth companies, financial institutions and strategy consultants on a broad range of issues across the whole clean energy value chain, including complementary areas of business planning, technology strategy, financing and carbon management.

He is involved in the project development of utility-scale solar power, solar greenhouses and waste-to-energy plants worldwide, including Zimbabwe, South Africa, Ghana, Puerto Rico, and India.

Joachim has a Masters in Electrical Engineering from the University of Stuttgart. He has conducted research into off-grid hybrid renewable energy systems with solar photovoltaics, wind turbines, batteries and Diesel engines at the Centre for Renewable Energy in Loughborough where he was awarded an MPhil. He gained an MBA with Distinction from the London Business School with a particular focus on Finance and Entrepreneurship.

This 2 Day Masterclass in Renewable Energy Project Finance and Modelling teaches how to create and analyse financial models for renewable energy projects for a variety of technologies, for example, solar and wind. The course looks at different business models and funding structures.

It allows participants to analyse the project as well as the benefits and returns for each investor and debt provider. The course also delves into risks to the project in detail and how they can be quantified, controlled, and mitigated. This enables a wide variety of people to benefit.

Professionals who are involved or who are looking into investing in renewable energy projects would benefit from this course:

• Finance Directors

• Asset Managers

• Investment Analysts

• Project Developers

• Business and Strategy Analysts

• Policy Analysts

• Business Development Managers

• Debt Analysts

• Energy Regulators

• Energy Equipment Providers

• Company Owners

• The 2 Day Masterclass is delivered live online.

• Course reminders, access passwords, digital course materials and slides will be sent out before the course.

• Course Timings: 9 - 4 pm (UK GMT/BST). Timings can be adjusted to suit your time zone.

• A Certificate of Participation will be given to each attendee.