Webinar Details:

Monday 7th May

15:00 -16:00 CEST

Webinar: “Facilitating project finance through standardised risk assessment”

This webinar, organized in collaboration with the EIP-SCC Consortium, will allow a better understanding of the risk assessment as key tool to ensure public projects’ bankability and private projects’ finance by third parties. It will also present the first draft of the LAUNCH Risk Assessment Protocol developed to address the above-mentioned gap. This version includes already a first feedback from the LAUNCH Investor Board and a few project developers within the LAUNCH Stakeholder network and will be finalized until the end of the project.

Overview

Risk is inherent to all financial transactions, and its assessment occupies whole departments at large financial institutions. Energy efficiency finance is no exception, but along with an overall lack of standardised terms and contractual agreements, there’s is also no generally accepted way of discussing, analyzing and potentially mitigating specific risk types in this sector.

The lack of an agreed methodological structure of risk assessment causes many projects to fail, as it leads to very time-consuming discussions and increases due diligence costs and process time unnecessarily. Moreover, getting a common understanding right from the start on all of the key risk areas would help to avoid even to discuss project opportunities further, should the risk profile not match the investors’ expectations.

This is why it is important to develop standardised tools and benchmarks to support the risk assessment, helping on one side contractors in “getting it right the first time” and avoid lengthy procedures and discussions with each investor individually and, on the other side, allowing investors to use a common methodology, same benchmarks and set of risk types.

This webinar, organized by the LAUNCH Consortium and the EIP-SCC Consortium, will allow a better understanding of the risk assessment as key tool to ensure public projects’ bankability and private projects’ finance by third parties. It will also present the first draft of the LAUNCH Risk Assessment Protocol developed to address the above-mentioned gap. This version includes already a first feedback from the LAUNCH Investor Board and a few project developers within the LAUNCH Stakeholder network and will be finalized until the end of the project.

The EIP-SCC is currently launching its call for smart city projects, as the EIP-SCC matchmaking support service is continuously looking for projects in need of finance a clear understanding of the risk assessment process is key.

Who should attend and why? 

Cities representatives, project developers, ESCOs and consultants with an ambition to learn more on a key financial topic that would increase the chances to get projects financed by third party investors.

Financial institutions, fund managers and insurance companies interested in the standardized approach to risk assessment for 16 different risk types that the LAUNCH risk tool provides

This webinar will provide an ideal platform to learn more about the LAUNCH risk assessment protocol as a powerful tool to ensure the bankability of the projects and gain the investors’ trust. 

What you’ll learn: 

• Why risk assessment is key for the projects’ bankability

• What is the LAUNCH project and what is the standardised risk assessment protocol wants to achieve?

• Why risk assessment is important from a bank perspective

Agenda: 

15:00 Welcome and introduction (5 min.) – Eelco Kruizinga, EIP-SCC consortium member (DNVGL)

15:05 Why risk assessment is key for the projects’ bankability (10 min.) - Jorge Rodrigues de Almeida, EIP-SCC consortium member (RdA)

15:15 The LAUNCH Risk Assessment Protocol: a standardised tool to de-risk project finance (15 min.) – Michael Pachlatko, LAUNCH Consortium member (Joule Assets Europe)

15:30 A real-life example: the importance of risk assessment for a bank (15 min.) – Quentin Nerincx, LAUNCH Consortium member, BNP Paribas Fortis

15:45 Conclusion and Q&A (15 min.) - Eelco Kruizinga, EIP-SCC consortium member (DNVGL)