This 3-day intensive course will provide an overview of current power market situation in emerging markets and their key drivers
Power Project Finance for Emerging Market IPPs
Address Key Issues
Gain an overview of current power market situation in emerging markets and their key drivers
Gain A Full Understanding
Build your knowledge through case studies from emerging market power projects
Key Takeaways
Detailed knowledge on why projects fail or succeed
Learn from real case studies and industry lessons learned
Tailored to the specific challenges power projects face in an emerging market environment, this course is heavily based on real case studies and industry lessons learned. This intensive course will zoom from big picture context to quantitative and qualitative project level details and back up again to the big picture to give you a thorough understanding of the relationship between the two.
Each module is supported by financial models, sample loan contracts, online tools, video clips, and case studies. Ample time will be dedicated to hands-on financial analysis and structuring of IPP projects to give participants a better understanding of why projects have failed or successfully be realized. Participants will also receive access to a shared cloud folder with in-depth background reports and other supporting course material.
IN JUST 3 DAYS YOU WILL:
- Gain an overview of the current power market situation in emerging markets and the 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
- Benefit from a highly experiential learning environment
- Learn from our highly experienced trainer and gain invaluable insights into the current issues and challenges in the industry and also the key tools and techniques
MEET YOUR TRAINER
Our Expert Trainer has over 20 years’ experience in the power and renewable sector. He started out his career in a leading North European Strategy Consultancy, where he made substantial contributions to building 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. Over the years, he has advised world-leading Utilities, IPPs, Financial Institutions, and Private Equity Investors.
In the last ten years, his focus has been 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.
Organisations that will benefit:
- Banks
- Government and Regulators
- National Utilities and Grid Operators
- Development Finance Institutions and Commercial Banks
- Lawyers, Contract Managers, Business Developers
- Project Developers and Equity Investors
- IPPs, Oil and Gas Companies
- EPC contractors and O&M Service Providers
Who will attend:
- Power Companies
- Insurances
- Banks
- Consultants
- Investors
- Oil & Gas Companies
- Utilities
- Suppliers
COURSE AGENDA
Day 1: Principles of Project Finance in Emerging Markets ⇓
- Big Picture Introduction
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Power Sector Situation in Emerging Markets
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Case Studies:
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Mexico power sector reform: from zero to hero
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Vietnam’s IPPs Sector Toward Market Liberalisation
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South Africa best practice IPP procurement program or not?
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Power Economics and Electricity Tariffs
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Group Exercise: Simulation and sensitivities of PPA bid prices based on different cost assumptions
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Principles of Project Finance
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Group Exercise: Risk scoping, assessment and mitigation of IPP case studies
Day 2: Finance ⇓
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Financial Sources
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Case Study: Analysing the business model of Scatec Solar and competitive mapping of IPP investors along the lifecycle of a project
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Understanding the elements of a term sheet for a loancredit facility
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Group Work: Critical revision of loan term sheets for a natural gas power plant, solar PV plant and wind power project
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Financial Analysis and Structuring
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Group Exercise: Sensitivity & scenario analysis applying to CAPEX, OPEX, and revenuevariations between a renewable and fuel-based power project
Day 3: Risk Mitigation ⇓
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Revenues Risks and Power Purchase Agreements
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Case Study: Lake Turkana Wind Project in Kenia and the trouble of Deemed Energy Payments
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Construction Risks and EPC contracts
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Case Study: Cenpower Kpone Natural Gas IPP in Ghana and Group Five Contractor disputes
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Credit Enhancement Instruments to help reach financial close
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Group Work: Mapping of Initiatives, Facilities, and Programs available to emerging market power projects and how they can help to create a successful project set-up
For further information please call: +44 (0)1372 308547
or click on the brochure tab below
“The course was very well organised and built up systematically, touching on all relevant fields. The Trainer is able to engage all participants with different backgrounds and experience levels. His experience and understanding of risks and challenges in financing, his toolset offering solutions, and his openness to alternative arguments make him an excellent advisor capable of understanding customer needs and providing tailor-made solutions and provide knowledge on fields relevant to the customer.”
- Zsolt Balogh - Head of Project Finance at Soventix
“Not only was he very knowledgeable of the field but also led interesting arising discussions very professionally as a moderator."
- Marcel Jakob - Sales Manager Grid & Power Quality Solutions at ABB
"He demonstrated deep expertise on the subject and we were able to work based on real and up to date info. Excellent space to put on the table key questions on how to remain competitive on this fast-evolving business."
- Carlos Herrera Malatesta - Directeur général at Apex Energies
