Empowering engineering excellence

Course Content

Building an offshore wind farm is not solely a technical challenge. It takes place within a complex financial system in which decisions have consequences for design, construction, operation and maintenance of the wind farm. In this course, participants will learn the basics of finance in the offshore wind sector. They will gain insight into the complexities involved in financing a new offshore structure and learn to understand recent developments in offshore wind finance. By means of theoretical lectures, participants will learn to use and comprehend the most important terminology, financial structures and key ratios. During the course, the theoretical knowledge will be put into practice in realistic cases. The course will be interactive, allowing participants to ask questions directly related to their own projects.

Language

The ‘Offshore Wind Finance’ training course and its materials are written and given entirely in English. However, it will be possible to give the lectures in Dutch if all the participants are Dutch.

Learning Objectives

• Understanding important key figures and how to use them
• Acquiring knowledge about different types of contracts and financial structures
• Gaining insight into the role of the government and its subsidy schemes

Target Audience

Offshore professionals seeking a better understanding of the finance behind offshore energy.

Testimonials

• “Well experienced teachers from Green Giraffe” – Anna Diedrichkeit (Product Mgm. Center of Excellence GE)
• “Agenda based on demands of the audience instead of curriculum; very knowledgeable speakers; Dynamic course.”- Michèl Spiering (Tender manager van Oord)
• “The course provides valuable insights in the financial aspects of offshore wind energy projects and is delivered in an dynamic and interactive way. I would recommend this course to anyone that wants to increase their understanding of the financial aspects of offshore energy projects.”- Frank Koopman (Director Marine Site Characterisation Fugro)

Programme (three hybrid morning sessions)

• An overview of the offshore wind playing field. Relevant stakeholders, market size and offshore wind farm lifecycle costs will be discussed.
• Participants will be introduced to the basic definitions of wind energy finance, the difference between balance sheet and project finance, and key project finance ratios and constraints.
• In addition, participants are invited to use their freshly gained knowledge to practise developing the correct financial structure for an offshore wind farm in a realistic case.
• lectures focusing on financial risk mitigation, discussing securities, sweeps and reserves.
• A further series of cases and lectures will focus on the interaction between financing, the regulatory framework and contracting optimization. This will be concluded by a comprehensive tender game, in which the participants form consortia to place bids for offshore wind farms.
• The last section discusses the driving factors for investors and the optimization of financial structures. The newly gained knowledge will be consolidated with a short exam, before concluding with drinks.

Hybrid sessions

Until further notice all training courses will be given in either online or hybrid format. Both hybrid and online training courses consist of live-streaming sessions with continuous interaction between the teachers and all participants. The difference between these formats is that during hybrid sessions a small number of participants can attend physically in our building in Delft, while others attend simultaneously via live-streaming. The content of the lectures and cases during a hybrid session is equal for both physical and online participants. All participants receive a DOB-box beforehand containing all materials required for both online and physical participation.

The maximum number of participants allowed at our training courses will depend on the Dutch COVID-19 regulations and may vary over time. Allotting the available physical seats will be done based on the ‘first come first served’ principle.

If necessary, or if we deem fit, we can and will switch from hybrid to online format to safeguard the health of our clients and colleagues. This implies that also the physical participants will have to attend via the live-streaming session online. We do not advise to wait for a next session to attend physically, as we cannot guarantee safe participation at our building months or even weeks ahead of time. DOB-Academy reserves the right to switch from a hybrid to an online format up to 24 hours before the start of the training course.

Registration closes a week before the training course in order to send all training materials on time.

Location

Click here for information about how to get to DOB-Academy

Contact

For more information and about our planning of this course please contact Thijs Kamphuis at Thijs@DOB-Academy.nl or +31 6 48 76 06 84

Why you should choose DOB-Academy:

• You will always be trained by experts with years of experience
• We offer everything from introductory to advanced offshore energy courses
• Expand your network as you learn
• 100 percent satisfaction guaranteed
• All our training courses can be provided on a tailor-made basis

This course is created in cooperation with