HOME
 

Working with Financial Models

F1F9
Course summary
Corporate Training for Teams
2 days
795 GBP excl. VAT
Full time
Corporate Training for Teams
Course Dates
Online courses
795 GBP
7 & 8 July 2022 (9am to 3:30pm London time)

United Kingdom
Enquire for more information
Working with Financial Models

Course description

Working with Financial Models

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, or as interactive tutor-led distance learning over approximately 30 hours.

Suitability - 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 and debt refinancing.

Outcome / Qualification etc.

This course will teach you:

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

Training Course Content

Revenue

  • tariff and power generation
  • timeline / time sheet design and construction
  • seasonality
  • degradation

EBITDA

  • operating costs
  • P50 vs P90 scenario selection

Construction costs

  • sources and uses of funds
  • construction finance: approaches to debt draw downs
  • concept of funding circularity

Fees during construction

  • financing fees
  • interest during construction

Linking construction and operations

  • conversion of the senior debt from construction debt to term loan
  • term loan calculations
  • accrued interest balances

Term loan

  • principal repayment profiles
  • debt service cover ratios
  • debt sculpting

Model optimisation

  • equity rate of return
  • model optimisation: concepts and objectives
  • optimising the model under P90 and P50
  • introduction of Visual Basic / macro coding
  • checks / check sheet

Refining the model

  • aggregation of monthly data for financial summaries
  • track sheet
  • pre-completion date revenues
  • bid model vs operational model

Adjusting the financing

  • equity bridge loan
  • term loan cash sweep

Why choose F1F9

Sharing financial modelling expertise since 1999

Outstanding feedback: our courses have an average rating of 4.6 stars out of 5

Unparalleled post-course support: our instructors remain available for any questions long after your course is over

Expenses

Course fee is £1,295

Get Inspired! Watch the Video

About provider

F1F9

F1F9 training courses are designed to transform your financial modelling skills. We are financial modelling experts, and our instructors have taught thousands of people to build best practice financial models that can be easily adapted, shared and understood. Our post-course...


Read more and show all courses with this provider

Request info

Fill out your details to find out more about Working with Financial Models.

  Contact the provider

  Get more information

  Register your interest

Country *

Contact info

F1F9

The Guild, High Street
BA1 5EB Bath

 Show phone number
www.f1f9.com


Reviews

Average rating 4.8

Based on 6 reviews.

Georgia Savvaki
The instructor did an excellent job, firstly, understanding the needs of the team, preparing the topics of discussion and the material based on the spreadsheet and information provided by our team; and secondly, delivering the training itself. The training was well structured and easy to follow in my opinion. John's speech and thought process is...
Show more
James Homer
Very good instructor, broke down complex items into a digestible format. Potentially could spend time asking participants to re-create what has just been shown and then tackle any issues (e.g. the data table)
Mohamed S.
Excellent course on financial modelling. I appreciated a lot the tips/update on excel and its advanced features
Request information

Find out more about this Working with Financial Models course - simply fill out your details:

Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

Find more courses here