Johannesburg, 17-19 Sep 2019


3 day Masterclass

Power Project Finance for African IPPS

LARGE SCALE AFRICAN POWER PROJECTS ESSENTIALS OF POWER PLANT ECONOMICS HANDS ON PROJECT FINANCE ANALYSIS

MASTER THE USE OF PROJECT FINANCE FOR LARGE SCALE POWER PROJECTS IN A SUB-SAHARAN ENVIRONMENT

This course is specifically tailored to the challenges that face power projects in a Sub-Saharan environment. It 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. Financial models, sample loan contracts, online tools and Africa-specific case studies will be used.

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address key challenges

Be provided with a “toolkit” incorporating project risk analysis, debt sizing/structuring and project loan documentation

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learn in depth

Project financing techniques and structures typically used in African power generation

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get practical

Reinforce learning through the use of case studies which have been specifically designed to illustrate the issues and techniques covered in the course

a HANDS-On & practical course examining all aspects of african power projects

 

In this course, ample time will be dedicated to hands-on financial analysis and structuring of African power projects to make participants understand why projects have failed or successfully be realised. Additionally, participants will also receieve access to a shared cloud folder with in-depth background reports and supporting course material in electronic format.

 

This course will use a plethora of case-studies to help you understand the issues and challenges across the African power industry:

  • Azura-Edo IPP, 461MW Open Cycle Gas Turbine power station in Nigeria

  • Bujagali Energy, 250 MW hydroelectric power station in Uganda

  • Agahozo-Shalom Youth Village, 8.5 MW solar PV project in Rwanda

  • Kribi Power Project, 216 MW natural gas-fired thermal power plant in Cameroon

  • “Fictitious”, 450 MW natural gas power project in Morocco

  • Lake Turkana, 300 MW Wind Project in Kenia

  • Benban, 50 MW solar PV power station in Egypt

  • Enel Green Power, 700 MW wind power projects in South Africa

  • Tobene Power, 115 MW heavy fuel power plant in Senegal

  • Azito, 288 MW natural gas power plant in Cote d Ivoire

  • Nachtigal, 420MW hydroelectric project in Cameroon

  • Akuo Kita, 50 MW solar power plant in Mali

  • Cenpower Kpone, 340 MW light crude oil and gas fired, combined cycle power plant in Ghana

  • …and others according to your country and technology focus!

 

 

 

book today saving USD $560

In just 3 days you will:

  • Gain an overview of current power market situation in Africa and their key drivers
  • Understand the motivations of key stakeholders in independent power projects
  • Identify, evaluate and allocate key risks in the African power project finance context
  • Review and use a power project financial model
  • Assess risk and return issues for both debt providers and equity investors in Africa
  • Analyse various project finance term sheets for fuel-based and renewable power projects
  • Build your knowledge through case studies from African 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 African power industry

Meet your instructor

Christian Erich Grutte teaching Power Project Finance for African IPPS for Terrapinn Training

Christian Erich Grutte is an independent advisor with some 20 years’ experience in the power & renewable sector focusing on power project financing and PPAs in emerging markets.

He worked with leading IPP investors, finance institutions and governments across Africa, such as AfDB, AFC, IFC, FMO, OFID, Norfund, Scatec, Engie, Enel, EDF, ESKOM, Actis, Globeleq, Aldwych, EGENCO, Oanda, Mainstream, ABSA, Central Bank of Nigeria, Total, AES, Sumitomo Mitsui, CNOOC, KPLC, Rand Merchant Bank.

He is a part-time lecturer at IESE Business School and Frankfurt School of Finance.

Organisations that will benefit:

  • Investors
  • Power companies
  • Banks
  • Oil and Gas companies
  • Utilities
  • Consultants
  • Suppliers
  • Government and Regulators

Who will attend:

  • Commercial Managers
  • Project managers and engineers
  • Investment Managers investing in project backed bonds
  • Credit Managers
  • Securities Managers
  • Corporate Banking Officers
  • Financial Analysts
  • Strategic Planners
  • Senior Executives
  • Legal Advisors
  • Business Analysts and Consultants

Course Agenda

  • Power Sector Situation in Sub-Saharan Africa
  • Case Study - South Africa: The IRP and REIPPPP and the uncertain future of ESKOMs PPAs
  • Case Study - Nigeria: Text book power market reform but still no take-off, now what?
  • Case Study - Kenya: from the sky is the limit back to down-to earth sector development
  • Power Economics and Electricity Tariffs
  • Group Exercise - Simulation and sensitivities of PPA bid prices based on different cost assumptions
  • Principles of Project Finance
  • Group Exercise - Risk scoping, assessment and mitigation of African IPP case studies.
  • Financial Sources
  • Case Study - Analysing the business model of Scatec Solar and competitive mapping of African IPP investors along the life cycle of a project
  • Understanding the elements of a term sheet for a loan credit facility
  • Group Work - Critical revision of loan term sheets for a natural gas power plant, solar PV plant and wind power project
  • Financial Analysis and Structuring
  • Group Exercise - Sensitivity & scenario analysis applying to CAPEX, OPEX and revenue variations between a renewable and fuel-based power project
  • Revenues Risks and Power Purchase Agreements
  • Case Study - Lake Turkana Wind Project in Kenia and the trouble of Deemed Energy Payments
  • Construction Risks and EPC Contracts
  • Case Study - Cenpower Kpone Natural Gas IPP in Ghana and Group Five Contractor disputes
  • Credit Enhancement Instruments to help reach financial close
  • Group Work - Mapping of Initiatives, Facilities and Programs available to African power projects and how they can help to create a successful project set-up

For further information please call: +44 (0)207 092 1045

The earlier you book, the more you save…

Additionally, VAT may be applicable depending on course location.
Before 28 Jun 2019Before 9 Aug 2019Before 30 Aug 2019After 30 Aug 2019
USD $2,520
Save USD $560
USD $2,800
Save USD $280
USD $2,940
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USD $3,080
  • “The depth and knowledge of my trainer was extremely impressive. In 3 days I have had, without a doubt, a masterclass on the industry. Truly world class.”

    - Gordon Dowall Potter, Past Delegate

  • “Well worth 3 days of study!”

    - Syed Hamza, Past Delegate

  • “The training was excellent! I give it a 10 and will get my trainer's support for my next challenges.”

    - Head of Partnerships & Customer Loyalty at Avis Budget, Past Delegate

  • “Extremely constructive course with a very good dynamic and passionate trainer.”

    - Managing Director at BNP Paribas, Past Delegate

  • “Impressive and cooperative trainer who wanted to make sure the delegates understood.”

    - Budgeting, Planning & Reporting Manager, Past Delegate

IN-HOUSE

We can come to you too! If you have a team of six or more, why not hold a private course? Our experts come to you and the course is tailored to your requirements.

Call +44 (0)20 7092 1045 (United Kingdom)
or emma-jane.dinan@terrapinn.com (Asia Pacific)
for more details

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