1 / 8

Learning From Round One Finance - Overview

Learning From Round One Finance - Overview. Fintan Whelan Corporate Finance Manager Airtricity . Ground To Cover. Round One Constraints Impact on Projects Funding Challenge Partnership Approach. Round One Issues. Number of Turbines. Decommissioning. Length of Lease Period.

meghana
Download Presentation

Learning From Round One Finance - Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Learning From Round OneFinance - Overview Fintan Whelan Corporate Finance Manager Airtricity

  2. Ground To Cover • Round One Constraints • Impact on Projects • Funding Challenge • Partnership Approach

  3. Round One Issues Number of Turbines Decommissioning Length of Lease Period Impact on Risk/Uncertainty & Bankability Site Selection Financial Qualifications

  4. Project Uncertainties Revenues : ROCs, Warranties Costs : Premium to Build & to Operate Risks:Insure, Share or Manage

  5. Structure ComparisonOnShore / OffShore

  6. Risk Allocation • Transfer to those set up to take them • Government has role for uninsurables • Share them among Community of Interests • Manage them within Project

  7. Community of Interests Crown Estates Govt Turbine Makers Developers Contractors OffTakers Banks Investors Insurers Enlightened self interest will kick start the industry Reduced Risk or Enhanced Rewards for early participation

  8. Route to Success • Reduce Uncertainty • Establish Track Record • Draw on Similar Experiences • Educate Funders • Partnership to share risks

More Related