With the advent of independent power producers and merchant generators, project finance became a feature of energy capitalization. This approach has been used to fund many projects for which corporate finance has been a suboptimal source of capital. Even though the merchant markets are currently less appealing economically, this method of financing has proven relevant to a variety of situations: replacement of retiring older generators, new renewable projects, and more. Even established regulated utilities can find value in this approach for potential tax, cost of capital, and ring-fencing benefits.
Accordingly, an understanding of this method of financing has become essential to anyone involved in the funding of power and gas infrastructure investments. That's the driving force behind this new two-day interactive course. You'll get an in-depth explanation of project finance, both in the US and internationally. Through lectures, case studies, and hands-on exercises, you'll learn the ins and outs of project finance, the equity and project development considerations, and how to put it all together to build an actual structured transaction.
Throughout the course, an emphasis on risk identification, allocation and mitigation will be highlighted, from a project's conception, across its entire dynamic life cycle.
Day One
7:45 am
Registration and Continental Breakfast Open
8:30 am
Introduction and Overview
9:00 am
What is Project Finance?
10:15 am
Break
10:30 am
Equity Considerations
12:00 pm
Lunch
1:00 pm
SNL Project Finance Product Uses Overview
1:30 pm
Project Development Considerations
2:45 pm
Break
3:00 pm
Equity Considerations (continued)
5:00 pm
Day One Concludes
Day Two
7:30 am
Continental Breakfast Opens
8:30 am
Turning Commercial Terms into a Financeable Project Profile
10:00 am
Break
10:15 am
Turning Commercial Terms into a Financeable Project Profile (continued)
12:00 pm
Lunch
1:00 pm
Putting the Pieces Together: Case Study - Gas Fired Combined Cycle with a Tolling Arrangement
2:45 pm
Break
3:00 pm
Case Study Debrief
4:00 pm
Program Concludes
This live group seminar is eligible for 14.5 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.
Business/ Corporate Development, Financial Planning and Analysis, and Corporate Finance/ Treasury professionals at power and gas companies
Professionals in investment banking, project finance, asset management, hedge funds, or equity/fixed income research
Consultants, accountants and lawyers who advise power and gas clients on infrastructure projects,Current and potential suppliers or professionals looking for an understanding of how projects are structured in order to bolster their service offerings
This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.
PGS in Partnership with SNL Energy seminars are known for their clear explanations and in-depth content. Register today, and join the energy professionals who have already attended one of these proven programs.