Innovation in Risk Management for Renewable Project Finance
MASTER CLASS OVERVIEW
Even in the midst of a global pandemic, the US renewable energy market remains strong. However, project risks have risen during the current economic uncertainties and, coupled with expected rises in costs due to weather-related events (seen in Texas), tariff uncertainties, and regulatory changes, many in the industry are struggling to manage and mitigate them.
To address these challenges, this two-day Master Class provides a deep dive into the most recent innovations in assessing, managing and allocating risks in developing, selling, acquiring or financing for renewable projects. Taught by active practitioners, this unique class examines all the newest techniques on how to proactively reduce the risks that can negatively affect the pricing, sizing and availability of tax equity investment and project debt.
Hear real-world examples from today’s market on how sophisticated parties effectively identify, classify, mitigate and allocate in an environment that demands increasing transactional efficiency. Discuss the evolving use (and limitations) of various insurance products, including production, ITC, offtake party credit, and “Reps & Warranty”.
This intensive course is your opportunity to update your knowledge of how lenders and investors view various finance risks and the extent to which they must be addressed, helping sponsors, investors and lenders to work together more efficiently to successfully get projects over the finish line.
MASTER CLASS FEATURES
Relevant & Timely Content: 9+ hours of in-depth, highly-relevant content and interactive learning conducted by knowledgeable and respected industry leaders as your class instructors. Bring your toughest problems for expert advice!
Competitive Advantage: Get tangible outcomes for immediate use and application!
- Mitigate risks from the ground up and use the most effective tools available today
- Structure transactions with merchant pricing risk to attract the right investors and lenders
- Understand how sampling is incorporated into effective due diligence efforts for large C&I portfolios
- Manage due diligence and effectively utilize warranties and insurance products
Live Office Hours
- Engaging and in-depth live discussion and Q&A following each session
- Real-time interaction with Instructors to get your most pressing questions answered
On-Demand Access
- Attend remotely from wherever you are – from home or at the office
- Unlimited access to all exclusive class recordings, content and materials for 30 days
Direct Connection
- Receive personal attention from the class Instructors for questions unique to you
- Connect with Instructors and other attendees to expand your professional network
Class Takeaways
The curriculum has been designed to allow professionals to fully grasp today’s most important topics, including:
- Examine key project risks, including construction and scheduling risks, offtake and revenue risk, regulatory risks, environmental liabilities, issues related to corporate and tax structuring, the risk of tax credit compliance and shortfalls, subscriber risks for residential and community solar projects, and other regulatory risks
- Overview and deep dive into how approaches to due diligence, the use of insurance policies tailored to key risks, swaps and hedges, and new offtake structures can be used to address key project risks and reduce the impact on debt and investment sizing and pricing
- Using transaction structures and approaches as a strategic approach to risk management, including a discussion of how portfolios are assembled, sold and financed to more effectively allocate risk among parties and portfolios
- Master the use of output, production, offtake, ITC and reps & warranties insurance products to mitigate and allocate risks
- Plus! Views from sponsors, lenders and investors about the biggest renewable project financing risks in 2021
- Opportunity to ask questions and receive advice from the experts actively working on addressing key risks in project finance transactions
Quinn Pasloke
Quinn focuses on originating and executing investments, fundraising and portfolio management. Before joining Greenbacker, Quinn worked at Nomura for four years; a founding member of the infrastructure and power finance group, he led over $1.5bn of renewable energy transactions. Before Nomura, Quinn was in NRG’s corporate finance group. Quinn graduated from Fordham University with degrees in economics and sustainable business.