Renewable Energy Vendor RFP Development Services
We will review it for completeness and accuracy, test your assumptions against other wind and hydro projects, and help you obtain debt and equity financing. A successful bid means knowing your costs – equipment, construction, operating, debt and equity. It also means analyzing bid requirements. RFP submissions vary from province to province, and are complex technical and financial documents.
- Technical and Financial
- Financial Modelling
- Review of Provincial Bid and Sensitivity
- Documents Analysis
- Comparative Cost Analysis
- Financial Institution
- Uncertainties and Pricing Back Up Material Matrices
- Independent Technical Evaluations
In the past three years, ORTECH has facilitated RFPs in Ontario, New Brunswick, Quebec, Nova Scotia and New foundland/ Labrador.
Following is a description of the services provided to Anemos Energy:
ORTECH was retained by Anemos Energy Corporation to provide financial advice for submission of bid for Newfoundland Labrador Hydro Wind RFP due August 31, 2006. ORTECH’s responsibilities for the Goulds-St. John’s 26 MW Wind Farm were as follows:
- Determine the electricity rate which the developer would submit and that would meet all the requirements of debt and equity issuers, as well as operations and maintenance costs.
- Analyze two different operational scenarios to be proposed by the developer for the project, with a unique electricity tariff associated with each.
- Prepare a financial computer model using Microsoft Excel which permits conducting a sensitivity analysis by government agency.
- Provide a written report outlining:
- the project’s financial plan for the life of the project
- the mechanics and timing of financing
- proposed financing instruments
- expected cost of debt
- rate of return on equity
- Arrange long-term debt and equity financing for the developer if necessary.