Deputy Director (Project Finance) (Energy)
CurrentPPIB functions to attract and promote investments in country's power generation and transmission in IPP/ITL mode. Organization initiates projects, monitors implementation right through sponsors' pre-qualifications, Financial Close (FC), gestation/construction, and Commissioning. Nonetheless, investments worth mutli-billion$ have successfully been administered so far. To its credit, projects include myriad coal, RLNG/Gas and renewables (Solar, Wind & Hydro) projects. Formulate generation and transmission frameworks offering attractive regimes (fiscal & financial) to ensure maximum private participation. Being part of the team, my role;-Tariff Modelling: Analysis of project cost components impacting Generation Tariff to ensure economic/financial viability of the Project considering sponsors' risk appetite and expected returns.-Tariff & Financial Forecasting: Sensitivity analysis of generation tariff to changing macroeconomic indicators; and likely impact on project economics (Cashflows), returns and tariff through project life cycle.- Sponsor Evaluation: Financial evaluations to determine strength to undertake project successfully.-Contract Management: Preparing, negotiating & executing project agreements, namely; Implementation Agreement (IA), Power/Energy Purchase Agreement (P/EPA), Fuel/Gas Supply Agreement, WUA, with an aim to mitigate financial & operational risk coupled with bankability.-Financing/Syndication Documents: Analyze, approve lending terms, loan/financing Agreements in light of hypothecation/security ensured in Projects IAs to achieve FC.-Credit Enhancements: Guarantee provisions to back Purchase obligations to mitigate lenders' risk exposure. -Working Capital (WC): Analyzing WC requirements and approving short-term facility agreements.-Project Proposal/Feasibility: Evaluating proposals to ascertain project and tariff economic viability. -Policy Research/Analysis: To upgrade frameworks in light of changing power market dynamics.