Sustainable Finance 101 : Sustainable Project Finance
This is a ½ day virtual learning programme. Upon successful registration and payment, registrants will be sent a Zoom link and access details of the online workshop.
Sustainable Project Finance (SPF) is financing projects through a Special Purpose Vehicle (SPV) company that repays the loan from cashflow generated by the project in a sustainable, sound manner both environmentally and socially. This mechanism is used for developing certain projects, or for acquiring assets or companies, isolating risks from the project sponsor's balance sheet. The project finance process is shaped by Sustainability, Environmental and Social standards.
To support Singapore's decarbonisation efforts and deepen Singapore's green finance market, the government announced at Budget 2022 that the public sector will take the lead by issuing up to S$35b of green bonds by 2030. Singapore issued more than 50% of Green, Social & Sustainability (GSS) bonds out of US$25b issued in 2021 in ASEAN. Sustainable Project Finance is a burgeoning growth area.
About This Workshop
The following will be discussed :
- Clear definition of Sustainable Project Finance (SPF)
- Global and regional developments in SPF
- Key characteristics of Project Finance and factors influencing the choice of Project Finance vs other debt financing options
- Difference between Corporate finance vs Project Finance
- Key factors in a project finance transaction
- Incorporating SUSTAINABILITY in project finance
2. Project investment criteria
- Measures used by investors : Payback period, Net Present Value (NPV), Internal Rate of Return (IRR)
- Measures used by lenders : Leverage, Debt Service, Loan Life, Project Life Cover Ratios and economic rationale
- Cost to the user : Value For Money and Affordability
- ESG Considerations and associated financial impact
3. Jurisdiction, Legal & Expert Reports
- Issues to consider : legal framework, licences, regulation, legislation etc
- Project contracts
- External technical reports : clarity, transparency and timeliness
4. Assessment of Risks
- Macro risks : market and political risks
- Environment & social impact risks
- Completion risks
- Operational risks
- Counterparty risks
- Financing risks
5. Project Structures
- PPP, BOT, BOO etc
- Blended finance
6. Risk Management Issues
- Security for projects
- Insurance issues
- Export Credit Agencies & Development Financial Institutions
7. Project documentation
- Role of documentation
- Shareholder/sponsor documentation
- Loan and security documentation
- Project documents
- Force majeure
- Lender requirements for project documents
- ESG Disclosures
8. Case studies to illustrate important concepts and principles of the above
At the end of the workshop, participants would be able to :
- explain the risks and opportunities associated with SPF
- understand the key elements of SPF and outline the characteristics of good practice
- identify the initial steps organisations need to take to deploy SPF in project development
Who Would Benefit
Project managers, engineers, consultants, financial analysts, credit analysts, investment analysts, project sponsors, contractors, financiers and investors of projects, government agencies, corporate and investment bankers
Meet The Trainer
Wee Chin Chuan
Masters in Engineering & Bachelor in Mechanical Engineering (1st Class Honours), National University Of Singapore (NUS)
MBA in International Business & Finance, Imperial College Management School Of London
Completed private equity, structured commodity & trade finance, Advanced Credit Assessment, Corporate Banking (IBF Certified) under Monetary Authority of Singapore (MAS) and Singapore Management University's Financial Industry Certification Scheme
Completed Sustainability and Sustainable Business Programme with Singapore Management University (SMU) and United Nations Global Compact (UNGC)
Completed Sustainability Supply Chain Programme from SMU under the Enterprise Singapore Study Award
Completed Certificate in Sustainability Banking & Climate Risks for Bankers conducted by Hong Kong Institute of Bankers
Certificate in ESG Investing (CFA Institute)
Certificate in Commercial Banking, Distinction (Institute of Banking & Finance @ SMU)
Advance Certificate in Training & Assessment (ACTA)
Wee Chin Chuan is the Executive Director of a consulting firm based in Singapore. He oversees all consulting initiatives in areas of corporate strategy, corporate finance and business restructuring. He specialises in corporate finance, restructuring project financing and international business development. He handles mainly SME clients and some MNCs.
Chin Chuan possesses many years of experience in international business management, corporate finance and corporate strategy. He advises corporate clients on project financing matters involving Asian Development Bank, World Bank and various bilateral export credit agencies. These projects included power plants, waste water and water treatment facilities, port and airport privatisation in Indochina, Malaysia, Indonesia, Sri Lanka, India, Bangladesh and China.
In his position as Principal Consultant, he has led deals origination, due diligence, analysis and negotiations of several acquisitions and divestment transactions in Asia. His current engagements include corporate strategy, financial restructuring and capital formation mandates with Singapore SMEs from food & beverage, contract manufacturing, telco and media, information technology, logistics & warehousing and merchandising sectors.
His current engagements include sustainable finance development for Africa (funded by Temasek Foundation), sustainable supply chain development and capacity building for MSMEs from hospitality, wholesale food and construction and engineering sectors, as well as incorporating sustainability into impact finance.
In areas of impact finance development, Chin Chuan is a Fellow with the Asia Venture Philanthropy Network (AVPN) Asia-Africa Fellowship :Programme supported by the Oppenheimer Generations Foundation and the Ford Foundation. He has been an active advocate in sustainability development for SMEs and access to finance amongst SME Centres and Trade Associations in Singapore and the region.
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- No cancellation is allowed upon registration but attendance by a replacement delegate from your company due to exigency could be facilitated. Please notify SBF of this change, giving at least 3 working days' notice prior to the date of the workshop to enable logistical arrangements for the replacement.
- Full payment must be received with registration prior to the date of the workshop to guarantee your place.
- Admission into the workshop is only allowed if payment / proof of payment has been received prior to the day.
- Participants will still be liable for payment in the event of no-show on actual day of the workshop.
- SBF reserves the right to cancel, postpone, reschedule or make any adjustment to the workshop where necessary.
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1. PayPal (pay by Credit or Debit Card)
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3. Bank Transfer (Bank / Branch Code: 7375 / 018, Account No: 118-313-180-5)
Billing Organisation via UOB or DBS Website / Mobile app
Ref No: SB230096
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: Friday, 24 March 2023
: 9.00 AM - 12.30 PM