Private Equity and Venture Capital in the Energy Sector
Training Course
12 hours online
Private Equity Analysts
Venture Capitalists
Investment Managers
Project Finance Managers
Energy Investors
Corporate Development Managers
Financial Analysts
Energy Sector Consultants
Portfolio Managers
Investment Directors
Deal Originators
Fund Managers
Energy Project Developers
Strategic Advisors
Investment Banking Professionals
Employing Private Equity (PE) and Venture Capital (VC) techniques in the energy industry brings investors – utilities, other energy companies, funds etc. – many benefits: Professional and structured management of innovative and non-core businesses and initiatives; High returns on capital employed; Innovative insights that can be leveraged for the core business or entry into new strategic business segments; Building, acquisition and retention of commercial energy talent. In this training, you will get deep insights into PE and VC techniques that can benefit any energy business, whether they are implemented in a systematic way or on a project-by-project basis. Gain an overview of the PE and VC market in energy from a commercial viewpoint; How to appraise renewable energy projects and choose among various options; The valuation and presentation of projects; Implementation of a VC or PE operation in a corporate setting; Raising of funds; You will also be able to ask specific questions relating to your work and organization and discuss them with the trainer and other attendees
"What is PE and VC all about? • Advantages of private ownership for holdings
• Advantages for the manager
• Reasons why energy companies might engage in PE and VC"
"Market overview energy sector PE and VC • Why PE and VC for the energy sector is special
• Players in the space
• Risk and returns in Private Equity"
"Structure of a PE/VC fund • Typical fund setup/structure
• Portfolio diversification by strategy
• Relationship to fund holdings
• Applying leverage"
How a PE or VC fund creates value
• Alpha
• Strategies to create alpha
• PE/VC deal life cycle
• Deal management and staff assignment
PE and VC deal examples
• Examples for various value creation strategies
• Assessment of the deal examples
PE and VC fund economics
• Economics of investments by value creation strategy
• How the fund gets paid
Originating deals in PE and VC
• Origination techniques
• Examples
• Sources for ideas
Role of talent
• Why talent management is key
• Type of talent needed and where to find it
• Compensation structures and mechanisms, differentiation by hierarchy level
• Compensation benchmarks
Deal evaluation and pitch
• Deal summary and pitch
• Quantitative analyses
• Qualitative information
• Deal selection process
Deal exits
• Importance of the exit strategy
• Considerations of when to exit
• Exit options
Risk control in PE and VC
• Risk controls depend on value creation strategy
• Typical risk control arrangements for a fund
Role of support in VC
• Key support areas
• Arms-length support conducive to fund success
Embedding a VC/PE fund into a corporate environment
• Management and funding
• Risk control and support
• Incentives
• Hiring and HR topics
Starting and raising money for a PE or VC fund
• Capital requirements
• Possible seed capital sources
• Second stage sources of capitalight engage in PE and VC