Project Finance with RESS

Securing finance is a critical step in the path to project commercialisation. Experts will explain how energy project risks are identified and categorised, how finance is structured and provide clarity on the impact of RESS for Irish finance structures. Exercises and case studies are used to show the scale of the investment challenge in the Irish energy sector, contracts and financing trade-offs.

This training session is designed for those from non-finance backgrounds to understand how equity investors and debt providers assess, quantify and translate risks and opportunities into financing structures for energy projects.

This remote session(s) will be delivered by expert trainers and include group-based discussions to ensure practical application of learning. A recording of the training along with a soft copy of the materials will be made available to all attendees.

• Understand the project finance landscape
• Implications of the RESS agreement structure and likely PPAs for project finance structures
• Build knowledge of Irish renewable energy project finance

First principles of project finance including;

• Types of finance, funding, typical contract structures and hurdle rates

Irish energy investment landscape for renewables

• Implications of RESS for Irish finance structures
• Recent changes e.g. portfolio refinancing

Building the investment business case in SEM

• Energy project risks, risk categories and due diligencering (for example, debt sizing, priority cash flow and financial covenants

Risk allocation and contract structuring

Routes to market and project finance

• The bankability of revenue streams

The course is designed for;

• Mid-Senior level renewable energy professionals
• Winning bidders awarded RESS contracts
• IWEA members considering future RESS participation
• Advisory firms
• Those looking to increase their knowledge of energy investment trends and practice.
• Those requiring a more in-depth knowledge of how investors in energy projects evaluate, account for and manage risks.
• Those directly involved in the negotiation of project and financial documentation.
• Practitioners engaged directly or indirectly in financial modelling energy investment.
• Those looking to understand the important factors relevant to a RESS project. 

Cornwall Insight is the energy sector’s market leader in training. Our passionate and engaging trainers have a long history of delivering training for those requiring an introduction to the sector through to advanced level learning on specific complexities of the market. Their subject expertise and enthusiasm gives you the unique and additional benefit of having specialists with real-world experience.

Cornwall Insight’s bespoke training is delivered by industry experts that aim to make the experience as engaging as possible using practical examples and interactive tasks. Our trainers strive to ensure each participant achieves the course’s learning objectives.

Our experts have the following capabilities that will ensure the successful delivery of this course:

• Deep understanding of the Irish energy market, including, the commercial, regulatory, and technical drivers that impact upon the evolution of the market.
• Deep and wide understanding of the investment, policy, regulatory and commercial drivers of the energy sector.
• Significant experience in providing strategic support and advice to major energy sector participants, including industry bodies and renewable generators.
• Extensive Knowledge of the European, UK and Irish energy markets, through practical experience and our modelling of wholesale pricing.
• Extensive knowledge of regulatory and policy requirements, as well as the delivery schemes and bodies involved in these.

Strong track record in working in the wind and renewables industries.