The bank’s view of renewable revenue
Sizing debt for a renewable energy transaction needs a clear understanding of how banks analyse contracted and uncontracted revenue. This recorded webinar shows how to split cash flow available for debt service (CFADS) into its contracted and uncontracted parts, for a modular approach to debt sizing with the covenants that go with each.
It will help you prepare or analyse financial models for renewable energy transactions, whether for debt structuring or credit analysis.
What you will learn
- How debt sizing works from the point of view of banks and other lenders
- How to apply different DSCR sizing covenants to contracted and uncontracted revenue in your model
- The differences between equity and debt analysis, and where stakeholders agree or differ
- The role of P50 and P90 cases in debt sizing for renewable energy transactions
- How bankability relates to contracted and uncontracted revenue, and how to measure the trade-off against equity upside
- How to show debt structuring scenarios across a range of downside cases for credit analysis