Financial Modelling in Power Sector
Financial Modelling in Power Sector
Financial Modelling in Power Sector
FINANCIAL
MODELLING IN
THE POWER
SECTOR
A highly practical guide to the intricacies
and nuances of Excel modelling in
the power sector
Course benefits:
COURSE LEADER
Richard Capps, International financial
modelling expert
100% robust
Identify the major modelling issues in financing and operating power plants
Develop and implement various worksheets of the model
Optimise the analysis of the power project used within the course by the
It's one of the best courses I have ever attended. Richard was
excellent as a trainer - excellent course content and leadership skills.
Boris Rozental, Business Development Manager, Pipe Innovation Tech
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Transparency when it comes to financial analysis in todays market is more important than ever before, with an increasing demand for accuracy. The
implications of errors in models can be extremely costly and need to be avoided wherever possible, especially in the current challenging climate.
Power generation has for 3 decades been the largest sector for project financing. Where the financing is done with limited recourse to the company behind
the project the ability to support that financing is dependent solely on the cashflows generated by the individual project itself - it therefore becomes critical
that any modelling is done to an exemplary standard. In particular the model will need to robustly test for the volatility of the cashflows. Very often it is not
the base case that kills, but the occurrence of conditions other than the base case over the life of the project.
The modelling of the project is the key part of the 3-stage analytical process:
1. Identification of the circumstances in this particular project that could cause cashflow volatility - i.e. risk identification
2. Quantification of the cashflow impact in the event that those risks would occur
3. Structuring the transaction to safeguard it from the potential occurrence of those risks
In addition, the model may often be important for other purposes, for example to determine the optimal financing structure, or to determine the feasibility
through valuation of the project.
This course has been designed to enable you to understand the modelling process both theoretically and practically with particular emphasis on the
challenges and issues unique to the power sector. This will in turn give you the ability to identify the problem areas and avoid the common pitfalls inherent in
this type of modelling. This course will cover both the merchant power markets and the IPP markets. All power generation technologies will be touched
upon including the renewable energies and you will leave with a thorough understanding as to how the modelling techniques learned can be relevant to all
the different platforms.
Richard brings to the task of modelling a rich blend of business experience. Shortly after qualifying as a barrister in London,
he switched to banking and for 5 years worked in corporate lending in New York and London. He then moved into merchant
banking in Hong Kong and in Australia and for 6 years was engaged in mergers and acquisitions and corporate restructurings.
Following this period on the banking side, he served for another 6 years as the CFO for a large corporate group with a dual
head office in the USA and Australia.
Having honed his modelling expertise over the past 20 years, as an independent consultant he is now commissioned to build
financial models for a range of clients. Recent commissions have been for a petrochemicals complex, a fleet of LNG vessels, a
power generation restructuring, a coal mine, a retailing organisation and food processing company. He also has extensive
experience of delivering training courses in project finance, corporate finance, loan documentation as well as financial modelling.
Hear from the trainer himself at: http://www.iff-training.com/VIDFMP
Track Record we have over 20 years experience of providing training to the banking, finance and energy sectors
Relevance training courses are designed for small delegate groups which ensures you maximise the time and contact with your course director
Innovation our courses are continually reviewed so you can be sure they are focusing on the most current issues
Knowledge all of our trainers are highly experienced and are world leading subject matter experts in the field they teach so you can be confident you are
learning from the very best
Small class sizes to aid knowledge acquisition and increase your personal interaction with the trainer
Value our philosophy has always been to provide a practical training experience with skills that can be used to gain a tangible return on your investment
Accreditation we are accredited by the British Accreditation Council (BAC)
Quality is critical to our success. Our reputation has been built over 20
years by delivering programmes of the highest standard. We will never
compromise on our desire to ensure that our courses surpass the
expectations of our clients, not meet them
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CASE STUDY
PRA
C
PRA
TI
C A L SES
SI
ON
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Practical Session:
Implementing an Analysis
worksheet
TI
C A L SES
ON
Practical Session:
Implementing several
different styles of financing
worksheet
C A L SES
SI
Practical Session:
Implementing the model to
Free Cash Flow stage
C A L SES
Financing Issues
PRA
ON
PRA
SI
Practical Session:
The creation and formatting
of the worksheets
Setting up timelines and
flags
TI
TI
ON
C A L SES
TI
Practical Session:
Implementing the
construction worksheet
SI
Case Study:
Introduction to the case on
which the practical course
will be based
Implementation of the design
STU
C A L SES
ON
SE
TI
SI
PRA
STU
PRA
SE
Practical Session:
Finishing touches to the
model
In-Company Training
Cost Efficient
Customised Content
Convenient
Specially Selected Trainer
Free Pre-course Assessment
Consistent Quality
Post Course Evaluation
Dedicated Account Manager
Dedicated Logistics Manager
Tailored Course Materials
Interactive & Practical
Case Studies Tailored to Specific
Regions & Sectors
ways to register...
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+44 (0)20 7017 7190
Fax:
+44 (0)20 7017 7802
Email: [email protected]
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