2 days duration
Financial Modelling for Renewable Energy Projects (APAC) is designed to equip you with the necessary tools and knowledge to transform a best practice financial model into a robust financial model for wind energy and battery storage assets.
What you will take away from this course
- An industry-best financial model with essential applications for project analysis across diverse project categories
- Forvis Mazars Financial Modelling methodology best practice rules and techniques that you can apply immediately to your renewable energy projects
- Compelling insights from recent market examples, group discussions and interactive workshops
Key learnings
- Learn about the fundamentals of transmission losses, economic curtailment, degradation and how to integrate them with multi-probability exceedance generation profiles.
- Gain an understanding of the renewable energy project lifecycle and its impact on financial modelling, as well as develop efficient techniques to extend a standard drawdown method to a flexible funding structure with a pro-rata drawdown approach
- Learn about debt sizing, evaluate project economics for repowering existing assets and explore battery energy storage’s role in building investment cases.
Is this programme for you?
If you are working in the renewable energy sector and have frequent challenges with financial models, then this training course is for you. The training course content is suitable for anyone who needs to build, review or analyse project models within the renewable energy sector, either for internal investments/operations/strategy, project finance transactions or greenfield development analysis.
Typical attendees include analysts, managers, senior managers, associate directors and CFOs from renewable energy companies
Course prerequisites
It is expected that participants will have attended either our Best Practice or Advanced Project Finance Modelling course and work on financial models for renewable energy projects in their current role.
Upcoming
Monday 28th April 2025
Manila, Asia-Pacific
Monday 28th April 2025
Sydney, Australia/NZ
Wednesday 21st May 2025
Singapore, Asia
Wednesday 25th June 2025
Melbourne, Australia/New Zealand
Monday 4th August 2025
Sydney, Australia/New Zealand
Course Agenda
Re-examine the main principles underpinning our financial modelling methodology
Powering the future: From project lifecycle to financial integration in renewable energy
- Introduction to renewable energy projects and project lifecycle
- Fundamentals of transmission losses, economic curtailment and degradation
- Integrate financial model with multi-probability exceedance generation profiles
Enhancing funding flexibility and financial performance: Extending the drawdown method, incorporating partial operations, and pre-completion revenues
- Extend standard (equity-first) drawdown method to a flexible funding structure with pro-rata drawdown approach
- Explore techniques for efficient extension of drawdown method
- Incorporate partial operations and pre-completion revenues into existing revenue streams
- Analyse the impact of partial operations and pre-completion revenues on the financial performance of the project
Empowering financial models: Integrating construction delay scenarios, revenue analysis for wind energy and battery energy storage system
- Master the art of integrating construction delay scenarios with liquidated damages
- Model and analyse contracted and uncontracted revenues during the full operations phase of wind assets
- Define PPA as black only, green only or bundled
- Easily switch between contracted amounts between % of generation and manual target profile
- Understand and add battery energy storage revenues to the financial model
Advanced financial modelling and strategy for renewable energy: Robust cash flow integration, debt sizing mastery, battery storage potential, and collaborative excellence
- Incorporate maintenance capex and major maintenance reserve accounts, aligning them with the strength of cash flows
- Utilize VBA to freeze debt size and repayment profile based on the P90 generation profile
- Explore the potential of battery energy storage by understanding its role in revenue stacking, load shifting, curtailment reduction, and energy arbitrage
- Learn to engage with market modelling experts and leverage data-driven intelligence for effective strategy implementation
Prepare transaction-ready renewable energy debt analysis and master LCoE modelling:
- Learn market accepted approaches to debt sculpting in a renewable energy context, and how this compares to other industries
- Prepare transparent debt sculpting based on target ratios for both contracted and uncontracted revenue streams
- Learn to model levelised cost of electricity for comparing assets across technologies
Master scenario management with an efficient financial model structure:
Expand your standard scenario manager with specific renewable energy applications:
- Re-powering analysis of wind projects?
- Implement upgrade capex with production uplift in future year
- Implications of potential curtailment or a change in power price forecasts
- Build rapid sensitivity analysis of production and price forecasts
- Connection issues causing construction delay?
- Discuss how to implement a new “Construction: Delay” timing phase to the model and incorporate calculations relating to additional payments such as Liquidated Damages over this period
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