The RECP–Finance Catalyst service in co-operation with the EU Delegation to Zambia were organising the Zambia Renewable Energy Finance Workshop which took place on the 3rd of May 2017 at the Intercontinental Hotel in Lusaka / Zambia. The invitation-only event was a follow-up workshop on opportunities under the RECP initiative, during which more in-depth requirements of the application process were shared with interested project developers.
The primary objective of the workshop was to assist project developers operating in Zambia with preparing quality investment proposals for funders and in general about the level of preparation needed to engage with financiers and investors.
The workshop also informed participants about the availability of the RECP Finance Catalyst services, and how participants can benefit from this support to achieve readiness for future calls for proposals (be they global or Zambia specific) and make their projects attractive to other funders.
For those interested in advisory support on their specific project proposals/concepts, one-on-one sessions with the RECP Finance Catalyst expert were arranged as a follow-up to the workshop.
Michael Feldner is based in Johannesburg, South Africa.
He has accumulated over 20 years experience in Venture Capital and Infrastructure project finance and focusses on assisting RE developers with reaching financial closure.
Michael has been instrumental in the financial closure of the first commercially viable (4.6MW) biogas plant in South Africa. Between 2014 and 2015, he has acted for the French Development Agency (AFD) assisting in the disbursement of €120m in long-term loans to RE and EE projects (SUNREF I) via three South African banks. Michael has conducted training in RE project finance in East Africa for both bankers and developers. He has also advised a multitude of RE projects in Southern Africa through his work with the Private Financing Advisory Network (PFAN).
Michael holds an MBA in Finance from Erasmus University in The Netherlands and a BBA from Pace University in New York.
TOPICS TO BE COVERED DURING THE TRAINING
• Developing your RE project – phases – when should you apply for funding?
• Common issues with different types of RE projects • IPPs, Mini-grids, captive power;
• Financial instruments • Debt, Equity & Grants • Capital structuring;
• Commonly used terms in funding applications explained;
• Brief overview of limited recourse finance for infrastructure projects;
• Financial models • what is expected from an applicant?
• Preparing a Risk assessment • what are the expected standards?
• Quantifying your project’s impact on Sustainable Development Goals.
THE EU DELEGATION TO ZAMBIA & THE RECP FINANCE-CATALYST PROGRAMME
This workshop was offered by the RECP–Finance Catalyst service in co-operation with the EU Delegation in Zambia.
The Delegation in Zambia is part of the European Union External Service, and is one of 139 Delegations around the world. It has the status of a diplomatic mission and officially represents the EU in Zambia and COMESA. To learn more about the activities of the delegation please visit here.
The RECP Finance Catalyst supports RE project developers in structuring their project development plans and advises on financing. It cooperates closely with ElectriFI in terms of mobilizing projects and improving project quality. For more information on the RECP finance catalyst, please visit here.