Financial Modelling for Renewables Course

What is this course?

Financial Modelling for Renewables focuses on the challenges that arise in preparing financial models for renewables projects: construction vs operations, seasonality, monthly timelines, P90 / P50 forecasting and financing (including equity bridge loans and cash sweeps). It is a modular course for analysts and financiers in the renewables sector who need to build, modify, or run financial models. It is available as a 2-day intensive and immersive classroom course.

What you will learn

  • Gain an understanding of the concepts of P90 and P50 and learn how to apply those within the model’s financial forecasts
  • Learn approaches for taking annual inputs and implementing those into a monthly financial model and how to aggregate monthly models into broader timelines
  • Learn approaches for selecting different draw down options and how construction phase revenues can impact funding
  • Learn how to optimising financial models under both P50 and P90 cases
  • Learn how to model Equity Bridge Loans, Cash Sweeps and Debt Refinancing, all integral parts of typical renewable project financings
  • Understand the challenges of converting a bid model into an operational model

Who should attend

This course is suited to participants who already have some basic Excel skills and aspire to, have recently started or know they are going to start building financial models in the renewable energy sector. We also assume that participants have a basic familiarity with the layout of financial statements (income statement, balance sheet and cash flow) but not necessarily how they are modelled.

Based on a template financial model with a monthly timeline, participants will cover – step-by-step – the construction phase (costs, income and financing), model optimisation for lenders and sponsors, equity bridge loans, cash sweeps, debt refinancing and introducing actuals to a forecast model.

Book your course

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Date
Format
Location
Duration
Instructor
Price
29 - 30 October 2019
In Person
London
2 days
Toby Tucker
£1,900 £1,695
15 - 16 January 2020
In Person
London
2 days
Toby Tucker
£1,900 £1,695

Course Agenda

Day 1
  • An introduction to working with monthly models throughout and conversion of monthly to quarterly, semi-annual or annual presentation.
  • Construction phase calculations: calculating the funding requirement and draw down of funding
  • Optimising renewables models – mastering the challenges of optimising at P90 and P50 simultaneously for lenders and sponsors respectively
  • Introducing construction phase incomes to the model noting their impact upon draw downs and IRR
Day 2
  • Re-cap of day one and modelling of an Equity Bridge Loan
  • Modelling a cash sweep and its impact upon the ratios, IRR etc.
  • Modelling a debt refinancing
  • Refinement and further optimisation of the model. Adding actuals to the model
Find out more:
Financial Modelling for Renewable Energy Projects - training course

Our clients

Virgin Trains logo
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I use my new found skills on a daily basis and can’t speak highly enough of the course and what it has given myself and my colleague. It has changed how we do all of our modelling in the company and has received really positive feedback from everyone that has used the model or reviewed the model.
Sally Brierley, Financial Modeller, FCC Environment
We were stunned at the difference that a standardised approach made. Our new Excel models can provide information that just isn’t accessible through an ERP.
Philip Whittingham COO (and former FD), Virgin Trains
The course was great. I learned so much and really enjoyed it. I’m looking forward to using it in my own work. I would be very happy to recommend the course.
Eric Eastlund, Head of Analytics, SCIO Capital
From start to finish the team were very professional and demonstrated considerable experience in what they were doing. The end result is an exceptionally powerful tool, which is straightforward to use, and now forms the backbone to our forecasting process. I would have no hesitation in recommending F1F9.
Douglas McArthur, CA Group FD, Asset Alliance
[The instructor] was enthusiastic about the material and the course itself which created good engagement in class. I particularly liked the fact that we were consistently taking part in the course, rather than being "taught" we were facilitated.
Andrew Dias, Finance Business Partner, Stansted Airport
The Enterprise model is great value for money. We compared it to the other standard reporting systems available such as Sage and Oracle but the F1F9 solution was much cheaper and also gave us the flexibility to change the way we report our business as it grows and develops. It has halved the time our month end reporting process takes. We started out wanting a model for budgeting purposes only but when we saw what the model could do we decided to use it for actuals reporting as well as our rolling forecasts.
Charles Carolan, Senior Financial Analyst, Skrill
[The instructor] was absolutely excellent. Everything was extremely clear, the pace of the class was spot on. I thought I would come away being slightly better at reading models but actually now I would feel completely confident starting my own.
Emma Paterson,  SSE/ Beatrice Offshore Windfarm Limited 
The team at F1F9 were responsive, hardworking and helped us upgrade our model to be fit for purpose post acquisition. F1F9 took the time to understand our needs early in the process, met deadlines and were professional in their approach.
Investment Manager, UK Private Equity House
Thanks for the excellent academy which has so boosted my own modest modeling skills. F1F9's strong customer service culture is a big help.
Geoffrey Finch, Resident Adviser for Infrastructure Finance for the US Treasury Office of Technical Assistance - Government of Paraguay, Ministry of Finance
I particularly liked the setup of the online training, and the portions provided in each section. The ability to go back and review and exercise with the models after each training and even after a few training provided an excellent opportunity to really 'learn' the skills. The setup allowed for my own pace of learning and the time I was able to dedicate besides work to complete the training. I highly recommended the training to colleagues.
Hartmut Weissmann
Very useful tips and tricks, certainly helped me a lot in understanding and 'simplifying' the enormous models. Thank you very much!
Julie de Bock, Senior Advisory / Corporate Finance, BDO

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