Rockland Europe - Investing in Electricity Generation

EXAMPLE PROJECTS

For $1 billion PE fund, devised and implemented a full delivery plan for the investment cycle up to and including exit. Designed and negotiated a development funding mechanism that incentivised co-developers. Monitored and managed the development process to ensure cost effectiveness and pipeline quality. Over 30 sites were delivered with planning consents and grid connection offers. Led programme management, design, procurement and proposed construction of the portfolio including turbine supply agreements, balance of plant and long-term service agreements.

For a $1billion PE fund, worked on the acquisition of 400MW Wind Farm Portfolio in the UK. Conducted in-depth due-diligence of key value drivers including wind revenue strength/reliability and operation expenditure requirements. Reviewed and commented on the commercial agreements and the facility agreement. Led the technical/operational review and negotiations in completion of project-finance. Led the strategic and operational planning, target setting and management, cost control, budget setting and programme management.

For a Global Infrastructure Investment firm, worked on the sale of their European wind farm portfolio, consisting of over 1500MW of operational or in-construction assets together with a significant pipeline of development assets, spread across five countries. Responsibilities included appointment and management of external advisers, due diligence, financial modelling and valuation, and information memorandum preparation.

For a UK biomass developer, led the debt financing and worked extensively on the equity fund raising, including preparation of an information memorandum, advising on contractual issues, and managing due diligence, completed a review of the project economics and identified additional added value. Devised a structure that increased the debt capacity with considerable improvement of the equity IRR. Acted as General Manager during construction and initial operations for this and one other follow-on CHP plant.

For a UK power generating company, worked with the in-house team and external advisers to review low carbon options, including biofuels and biomass. Developed the appropriate financial models that took into account the impact of the commodity market and identified key risk factors. The outcome fed into the corporate strategy that was adopted by the board.