INTERACTIVE WEB CONFERENCE
Utility Scale Solar Resource
and Financing Considerations
Utility Scale Solar Resource
and Financing Considerations
Tuesday, July 13, 2010:
3:00 - 4:30 pm Eastern Time
Solar projects are increasing in size, and therefore many developers are beginning to access capital through large institutional lenders and the senior debt market. These large institutional investors and senior debt participants require, among other things, an accurate resource and energy production analysis in order to establish project revenues with a level confidence. A resource analysis should include, as a minimum, an assessment of the solar resource data, its variability, and associated uncertainty that is then translated into electric energy predictions. Further, these electric energy predictions are typically provided on a P50, P90, P95 and P99 basis.
In this webinar, we plan to focus on what institutional lenders and rating agencies are looking for in large solar project deals. Topics to be covered include:
- What needs to be included in a solar resource assessment?
- How does the bank use/consider the P50 through P99 electric energy forecasts?
- What type of EPC contract structure is needed?
- What level of experience and financial strength is required of the panel manufacture?
- What are the minimum lender requirements to achieve successful project financing?
- What key criteria do the rating agencies evaluate in rating a solar projects?
Moderator:
Cathy Grover, Senior Director, LUMINATE, LLC
Panelists:
Labeja Nyeko, Finance Manager, NRG
Louise Pesce, Senior Vice President, UNION BANK
Swaminathan Venkataraman, Director, STANDARD AND POOR'S