Financing Sustainability

Transcription

1 Financing Sustainability Business and Society 6 October 2014 CLIMACT sa info@climact.com T:

2 at a glance Mission and values Réduire la dépendance énergétique et l impact de nos clients sur le climat. Professionnalism and excellence Independence and objectivity Integrity and durability End-to-end services Consulting : Energy transition strategies Prospective Analyses Regulatory and market advices Structuring of RES/EE projects Finance, administration, legal and regulatory Operation, maintenance and guarantee of performance A team of seasoned experts 8 consultants based in Louvain-la-Neuve since 2007 High expertise in technical, financial, economic and legal aspects of the energy transition 2

3 Executive team - Climact team combines strong legal, finance, commercial and engineering expertise's from corporate, institutional and consulting background experiences Michel Cornet Senior Consultant Engineering degree Experience at A.T. Kearney in strategy and in operations and at the UN in microfinance. Thibaud Lemercier Consultant Commercial engineer (UCL-LSM) et MSc in Environment Technology (IC London) Experienced auditor and consultant in risk management, energy and sustainability, PWC. Dimitri Mertens Director Legal and regulatory Law degree and LL.M (UCL, NYU) Experience with Jones Day (Brussels Bar) and at the EU Court of Justice (EU law and regulation) Hugues de Meulemeester Director Operations Engineering degree and MBA (UC Berkeley) Experience at Asea Brown Boveri in energy and automation projects and at Cisco in finance operations. Laurent Noirhomme Consultant Engineering degree focus Energy Experience at UCLouvain as a researcher in Mechanics and Applied Mathematics. Julien Pestiaux Director Prospective analyses Engineering degree and Engineering management & sustainable development (Cornell) Experience at McKinsey and at the EU commission on climate/energy projects. Sébastien Piret Consultant Engineering degree focus Energy Experience at Belgacom in CSR and climate change, IT and Project Management. Pascal Vermeulen Managing Director Business administration degree Country management experience in marketing and sales of consumer products at Unilever and Sara Lee.

4 Some of our clients 4

5 Financing Sustainability - Focus on Energy transition Today 80% of the world's demand for primary energy is met by fossil fuels (33% oil, 27% Coal, 21% gas) Energy transition is possible for a global cost similar to a scenario business as usual. It requires significant investments Resorting to these resources is not sustainable These resources are finite Burning these resources generates GHG emissions that cause climate change Dependency on these resources poses a threat to our security of supply We need a transition towards sustainable energy Renewable energy Energy efficiency SPF Environnement et Climact, Scénarios pour une Belgique bas carbone en

6 Climact proposes end-to-end services from the diagnostic to the implementation of concrete solutions for the Energy Transition Consulting Prospective Analyses Energy & Emissions scenarios Mitigation & adaptation Simulations & Decision tools Solutions Project development Structuration, design and business plans Energy efficiency & renewables Photovoltaic, cogeneration, bioenergy Reduction strategies Corporate Environmental Strategies Diagnostics, objectives & reporting Energy & Emissions saving plans Financing & Administration Third-party investment Subsidies & administration Contractual arrangements Regulatory & Markets Compliance Public policies Carbon & Energy markets Project Management Suppliers management Commissioning & Operations Maintenance & end-of-life Private Public Commu -nities 10/3/2014 CONFIDENTIAL 6

7 Implementation of Energy Efficiency and Renewable Energy projects are not always put in place due to several barriers Diagnosis Action plans Organization s Energy & GHG assessment Product Life Cycle Analyses CSR reporting and communication Elaboration of tailor-made GHG assessment tools Energy consumption & GHG emission reduction plans Projects structuring on energy efficiency and renewable energy production. Technical requirements and financial plans Consulting Financing & administration Operations Barriers to implementation Cash availability Payback time IRR Threshold Core business Technology complexity Balance sheet management Administrative complexity Uncertainty about regulations Solutions 7

8 Climact goes beyond consulting services by financing, delivering and operating Energy Efficiency and Renewable Energy projects Diagnosis Action plans Financing & administration Operations Services Financing of the projects through an investment fund Administration for subsidies and registrations Contractual arrangements Project management and ensure rapid and smooth process with installation suppliers Maintenance, monitoring and optimization of the installations to guarantee maximum return. Guarantee of performance Recycling process at the end-of-life of the equipment's. Solutions 8

9 Several energy efficiency & renewable technologies are applicable Puits de lumières Photovoltaic Thermic Optimisation des installations HVAC HVAC optimization Diagnosis Etanchéité Lighting & IT optimization et PV Amélioration de l enveloppe Insulation Action plans Financing & administration Ecologie Industrielle Synergies Pompe à chaleur Operations Heat pumps Cogeneration and biomass CONFIDENTIAL

10 Energy costs Setup of a third-party investor scheme Diagnosis Action plans Financing & administration Operations Share of savings Contract Savings for customer Time 1 1. All contractual agreements are prepared 2 2. Climact invests in new renewable energy equipment 3 3. Installation is rented and customer produces its own energy at a lower cost. Climact operates and maintains the equipment 4 4. At the end of contract period, installation is transferred to customer 10

11 Example of a photovoltaic project Diagnosis Action plans Financing & administration Operations 11

12 Example of a Biomass boiler project Diagnosis Action plans Financing & administration Operations 12

13 Structuration of a project Diagnosis Capital Project Management Financial institutions Financial lease Debt & Subordinate Third party financing agreement Real right Action plans Climact Solutions company Energy/equipment renting Customer Financing & administration Operations Operations suppliers Inputs Outputs Equipment & installation Tech. integrator Partner Maintenance Finances Services 1. Climact invests in new 13

14 Illustrative Planning Activity (Pre-) Feasibility studies Months mars avril mai juin juil. août sept. oct. nov. déc. jan. févr. mars avril mai juin juil. août sept. Responsable Contractual phase Commande Construction phase tests Operation phase

15 Concrete example Photovoltaic project with Ion Beam Application 1500 m² flat roof Installation 110 kwc Production 95 MWh/an Third party financing (TPF) agreement Transfer of property at the end of TPF Investment ~160K Direct Benefit for IBA CONFIDENTIAL 15

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