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Copyright © 2011 Global Energy Finance
Notice of Confidentiality / Disclaimer
This Company Brief has been prepared on a confidential basis solely for the benefit of Global Energy Finance strategic partners and clientele. It is not for use by any others, nor may it be reproduced without prior written consent of Global Energy Finance. Global Energy Finance is not a direct lender nor is this to be construed as an offer to buy or sell securities or any other financial products. While the information provided herein is current at the date of this document, it is subject to change without notice.
Copyright © 2010-2011 Global Energy Finance. All rights reserved.
Global Energy FinanceGlobal Energy FinanceFunding Our Sustainable FutureFunding Our Sustainable Future
Contents:
Intro Global Energy Finance…………………………………………………………...1
Deal Parameters.………………………………………………………………………..2
Project Finance advisory………………………………………………………..……..3
The Opportunity…………………………………………………………………………4
The Team………………………………………………………………………………..6
Contact Information.……………………………………………………………………10
“The markets for renewable energy are the fastest growing energy markets in
the world today.”
--G8 Renewable Energy Task Force
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Introducing Global Energy FinanceGlobal Energy Finance is a Los Angeles based project finance boutique specializing in the fastest growing method of energy and infrastructure financing in the world. Due to our deep domain expertise in structured finance, environmental technology, and emerging markets, we are attracting an ever-expanding pipeline of deal flow from the Americas, Europe, and the Asia-Pacific. In the past 6 months alone we have received more than $10 Billion in funding requests.
GEF facilitates financing for mainstream renewables such as wind, solar, hydro, geothermal, bio-fuels and bio-mass. We also arrange financing for clean coal/CTL development, environmentally responsible ore extraction, processing, and smelting, and related equipment.
The Importance of Strategic AlliancesThe size and complexity of the majority of projects necessitate extraordinary cooperation among the variety of parties involved with each project. GEF closely cooperates with agents, facilitators, and advisers around the world to support projects aimed at meeting the world’s energy, infrastructure, and natural resource needs.
Institutional FundingGEF enjoys key relationships with an expanding number of energy, infrastructure, and natural resource savvy investment groups including U.S., European, and Asia Pacific commercial banks, non-bank financial institutions, pension funds, hedge funds and bond funds, HNWI, as well as large-resource industrial sector investors. GEF endeavors to analyze, structure, and match each project with the appropriate investor or lender.
[1] As of January 1, 2011.
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Required Deal ParametersGlobal Energy Finance’s primary role is to arrange equity and debt financing. To this end we rigorously source and screen candidate projects against our investor and lender parameters and/or advise project sponsors what project criteria need to be modified to accommodate institutional requirements. This is accomplished via:
Project Finance advisory Financial Modeling Structuring
General Investor / Lender Requirements
Criteria Parameters
Funding requirement $10 million (minimum) - $500 million
Equity participation of funding recipient 10 - 20% minimum (case by case)
Debt Service Coverage Ratio 1.35 or better
IRR (leveraged) / ROI 18% or better
General Contractor Guaranteed Maximum Contract / Completion Agreement
Exit Strategy Power purchase (off-take) agreement or IPO in business plan
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Project Finance Advisory: How May We Help You?Global Energy Finance also functions in an advisory capacity for the rapidly growing number of new entrants in the field. This includes: Emerging market project sponsors and developers needing assistance in order to attract foreign
funding.
Emerging market government and sub-sovereign governments attempting to access large scale infrastructure financing in the form of Public-Private Partnerships.
New entrant funds, HNWI and industrial sector investors to be apprised of the financing intricacies and risk management strategies specific to project finance.
The Opportunity
Global Energy Finance has positioned itself at the forefront of what may become the most powerful global economic trend in history.
All Things EnergyWith the world moving past peak oil[1] and confronting the brutal facts of climate change, the energy sector will inevitably experience its most explosive growth ever. The bulk of this growth will be in emerging markets, primarily in Asia[2], with developed markets such as the United States close behind due to aggressive policy shifts favoring energy independence and clean energy[3].
““World marketed energy consumption is projected to grow by 44 percent World marketed energy consumption is projected to grow by 44 percent between 2006 and 2030, driven by strong long-term economic growth in the between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world.”developing nations of the world.”
----U.S. Energy Information AdministrationU.S. Energy Information Administration
Renewables: Good for the World. Good for Humanity.Every form of mainstream renewable energy is in a growth phase or entering one, with Asian development nearly double that of the U.S.[4] In 2009 worldwide new renewable energy capacity received $150 billion in funding, outpacing new fossil fuel capacity investment for the 2nd year in a row. By early 2010, more than 100 countries have renewable energy policy targets in place[5], many of which are beyond available in-country funding resources
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[1] Winning the Oil Endgame, Amory Lovins.[2] Plan B 4.0: Mobilizing to Save Civilization, Lester Brown, Earth Policy Institute.[3] Transitioning to a Renewable Energy Future, Donald Aitken, International Solar Energy Society.[4] U.S. Department of Energy (2010), International Energy Outlook with Forecasts to 2030, Appendix A, Table A9.[5] REN21 (2010), Renewables 2010 Global Status Report, 9, 53.
The Emerging Markets Century
The world is witnessing the biggest shift in the global economy and in global power since the industrial revolution.[1]
If we compare the S&P 500 with Morgan Stanley’s emerging markets index, one thing is obvious: emerging markets have left the U.S. behind in terms of absolute returns. Emerging markets are also exhibiting signs of decoupling themselves from U.S. market movement--most notably in mid-2009 where emerging markets went sideways while the U.S. slid to lower lows, and November 2010 where emerging markets jumped to a 2 year high while the S&P 500 failed to surpass its April 2010 high.
Even more compelling is to isolate South East Asia’s performance via the ASEAN[2] All Cap Index in comparison with the S&P 500 and emerging markets in general.
South East Asia is currently at its all time historical high.
"This is not about the decline of America, but rather about the rise of everyone else.“
Fareed Zakaria, The Post American Worldand Editor-at-large, Time
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The Opportunity –continued––continued–
[1] Emerging Markets Century, Antoine Van Agtmael, former World Bank economist and coiner of the term “emerging markets”.[2] That is, the Association of South East Asian Nations: Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam
Gilda RiveraFounder and President
Global Energy Finance
The Team
Ms. Rivera brings deep domain expertise in structured finance to the organization. She also leads the development of proprietary investment vehicles for project finance and specializes in debt and equity placement for all energy types in the Americas, Asia, Europe, and Australia.
Ms. Rivera is the former Principal and Manager of Sperry Van Ness | Better Capital Partners in Los Angeles, California, and former Vice President of George Smith Partners.
Ms. Rivera has also facilitated the placement of $Billions in mortgage debt, equity and mezzanine capital transactions for all property types all around the world.
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The Team
Mr. Murray is an emerging markets specialist with deep domain expertise on ASEAN capital markets. His professional background includes over 20 years experience in organizational leadership, building multinational strategic alliances, and marketing. As an evangelist for conventional-to-renewable energy transition, he spearheads advisory and structuring for Asia Pacific and the rest of the world.
Mr. Murray is co-Founder and former Managing Director of ICI Argent Ltd of Hong Kong, an environmental technology venture capital firm. Previously, he was head of Business Development for I. Ackerman & Co., Inc., the oldest American stock brokerage in the Philippines.
Mr. Murray is an expatriate American citizen who has lived and worked in South East Asia for 14 years.
Paris MurrayVice President
Global Energy Finance
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The Team
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James Ritter has over 17 years of experience in banking and finance.
As Vice President of Business Services for Premier America Credit Union, James has originated approximately $150 million in commercial property loans and oversees the credit union’s commercial banking specialists. Prior to joining Premier, James was Vice President of Media and Entertainment Finance for Mizuho Corporate Bank (formerly The Fuji Bank, Limited), where he was involved in structuring, analyzing and monitoring complex entertainment and media finance transactions including both single film projects and multi-picture film slates, cable television services, cable and broadcast programming channels, outdoor advertising and casino hotels.
James has extensive executive level relationships throughout the finance and real estate, and entertainment industries. He received an MBA in Finance from the University of Southern California and graduated Magna Cum Laude with a Bachelors of Arts in Honors History from the University of California at Los Angeles.
James RitterVice President
The Team
Alec Tuckman is the Business Development Manager of Global Energy Finance and is responsible for new business development, origination, marketing, and new partnerships. He brings nearly 10 years of sales and marketing experience to the company with a long history of success in the Telecom Industry, Automotive Industry, and Internet Advertising Sales.
A specialist in relationship management, Mr. Tuckman oversees the Global Energy Finance network of capital sources, including investment banks, money center banks, insurance companies, regional lenders, credit companies, hedge funds, private lenders, foreign banks, pension funds, sovereign wealth funds and other international capital sources to provide project sponsors a full spectrum of energy projects funding.
Alec TuckmanBusiness Development
ManagerGlobal Energy Finance
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Global Energy FinanceGlobal Energy FinanceCorporate Address:
123 W. Nye Lane, Suite 129,
Carson City, NV 89706 U.S.A.
Mailing Address:
P.O. Box 1158,
Beverly Hills, CA 90213 U.S.A.
For more information please contact:[email protected]
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