Financing Offshore Wind From Auction To FID
Price
Duration
$2,450
2-Day
Dates
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Format
Course Status
Virtual (Live)
Open
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Financing Offshore Wind From Auction To FID
This comprehensive course is designed to provide a deep understanding of the commercial aspects involved in offshore wind projects, from the bidding stage to Power Purchase Agreements (PPAs). Topics include bidding and contracting strategies, project financing and investment structures, risk management and regulatory considerations, PPAs and market dynamics.
This course takes place from 9am until 1pm EST each day.
This course takes place from 9am until 1pm EST each day.
Prerequisite: A financial background is recommended. A foundational understanding of financial principles will help participants gain the full benefit of this course.
Course Objectives
1
Equip participants with a comprehensive understanding of offshore wind financing from bid to PPA
2
Develop the skills necessary to analyze risks and make informed investment decisions
3
Provide insights into successful strategies and case studies in offshore wind projects
4
Foster networking and collaboration among professionals in the renewable energy sector
Who Should Attend
Investors & Financiers
Government Officials & Policymakers
Legal & Financial Experts
Energy Industry Professionals
Project Developers & Managers
Professionals seeking offshore wind financing knowledge
Course Curriculum
Day 1
Commercial Landscape, Project Finance & Investment
M1
Introduction to Offshore Wind & Its Commercial Landscape
▼
– Economics and politics of offshore wind
– Role of governments and regulatory frameworks
– Offshore wind industry players and stakeholders
– Role of governments and regulatory frameworks
– Offshore wind industry players and stakeholders
M2
Overview of Project Finance, SPVs & Key Agreements
▼
– Corporate finance vs. project finance
– Key stakeholders in a project finance transaction and their responsibilities
– Overview of key contracts (PPA, EPC Agreement, GIA, etc.)
– Key legal and commercial clauses in offshore wind contracts
– Key stakeholders in a project finance transaction and their responsibilities
– Overview of key contracts (PPA, EPC Agreement, GIA, etc.)
– Key legal and commercial clauses in offshore wind contracts
M3
Project Financing & Investment Structures
▼
– Project valuation and investment decision-making
– Financing structures: debt vs. equity
– Attracting investors and securing financing
– Financial models and risk analysis
– US tax equity specificities
– Financing structures: debt vs. equity
– Attracting investors and securing financing
– Financial models and risk analysis
– US tax equity specificities
Day 2
Debt, Tax Equity & Risk Management
M4
Debt Financing - Deep Dive
▼
– Debt structuring for offshore wind projects
– Lender perspectives and due diligence requirements
– Key terms, covenants, and conditions in debt financing
– Lender perspectives and due diligence requirements
– Key terms, covenants, and conditions in debt financing
M5
Tax Equity Financing - Deep Dive
▼
– How tax equity works in US renewable energy projects
– Inflation Reduction Act implications and potential futures
– Strategies to optimize tax equity financial structures
– Inflation Reduction Act implications and potential futures
– Strategies to optimize tax equity financial structures
M6
Risk Management & Regulatory Considerations
▼
– Risk identification and mitigation strategies
– Environmental and permitting challenges
– Grid connection and transmission issues
– Legal and regulatory compliance
– Environmental and permitting challenges
– Grid connection and transmission issues
– Legal and regulatory compliance
The course outline is subject to change. A detailed agenda will be shared after enrollment.
Course Completion Certificate
Upon completing at least 50% of the course and achieving a minimum passing score of 50% on a post-course assessment, participants will receive a course certificate valid for three years. This certificate verifies that the essential learning outcomes of the course have been met.
Course Instructors
Ryan O'Connor
Senior Financial Advisor, Ocean Winds
Ryan is a Senior Financial Advisor for the offshore wind developer Ocean Winds, working within the SouthCoast Wind Project. He has led finance efforts in both BOEM Auctions and Power Purchase Agreements, resulting in a PPA win, lease auction awards in the Ocean Wind portfolio, and heavy involvement in the pending tri-state PPA solicitation in Massachusetts, Rhode Island, and Connecticut. Ryan has been instrumental in formulating valuation metrics, financing plans, and funding strategies tailored to offshore wind projects, including navigating the complex landscape of tax equity financing and the Inflation Reduction Act. Prior to offshore wind, he worked in underwriting and deal structuring in commercial real estate. He holds a BS in Economics & Finance and an MS in Finance from Bentley University.
Ian McGinnis
Project Finance Manager, Ocean Winds
Ian is a Project Finance Manager at Ocean Winds North America, providing oversight on project financing activities across the full lifecycle of OW's North American portfolio. Prior to Ocean Winds, he was an Associate on the Project Finance team at Greenskies Clean Energy, evaluating commercial solar and storage projects, and was part of a team that closed several debt and tax equity financings for solar projects across the US. Ian began his career at FTI Consulting on the Power, Renewables, and Utilities team, where his work spanned regulatory due diligence, utility financial modeling, natural gas and electric rate case advisory, and wholesale market analysis.
For all relevant student information on this course, such as the refund and cancellation, data protection policies, and more, please see the Student Info page below.
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