Dr. Sam Amadi, Dafe Akpeneye and Other Experts Set to Facilitate the ESQ Energy and Power Workshop

Wednesday, March 27, 2019 11:00AM / ESQ Training

The electricity sector in Nigeria remains viable and continues to attract investments amid enormous risks. To reflect the growing interest in this sector, ESQ Trainings has designed highly topical courses on Power Contract, Negotiation, Documentation, Regulatory, EPC Contract and Power Project Financing. 

This workshop is highly practical in its focus, initially providing delegates with a detailed understanding of the power sector and how it works, critical issues to be noted when negotiating power projects and a robust project financing “toolkit” that encompasses risk analysis, debt, documentation and borrower/sponsor considerations. The training will also explore the specific issues relating to the financing of power projects in Nigeria. 

The workshop explores some of the critical issues in the negotiation, documentation and financing of key power projects. A key aspect of this programme is the workshop which focuses on the approach of the banker to project analysis and debt structuring – and how this is changing since the Credit Crisis. Since the project Sponsors/Borrowers are generally interested in maximizing project debt, the willingness (or otherwise) of the lender to provide more or less leverage is clearly crucial. 

The programme combines up-to-date legal and regulatory issues with practical methods of translating this law into documentation. The Course provides deep understanding of the essential skills required for assembling bankable projects, especially from the borrowers’ and lenders’ perspectives. Delegates will gain a deeper understanding of the Energy market trends and how to identify or analyze prospective borrowers, arrange credit facilities and secure approval from bank credit committees.

This Workshop is divided into four parts:

Part One: focuses on Regulatory framework of Power

Part Two: focuses on the Negotiation and Documentation of the Power Contracts.

Part Three: focuses on the Engineering Procurement and Construction Contracts

Part Four: focuses on Power Project Financing.

This training is highly practical and draws on specific issues relating to some of the recently completed projects in Nigeria. A special feature of this programme is the integrated workshop sessions where delegates will have the opportunity to work through different agreements. Participants will be divided into small working groups to apply in practice and context, tips and techniques learnt during the course of the programme under the guidance of our experts training faculty.

Learning Outcome:

Participants will leave the course with a thorough practical understanding of: 

• The Regulatory framework for the Nigerian Power Sector and how this affects investments in the Sector. How lenders analyze power projects – from both a qualitative and a quantitative perspective
• How project financing is sized and tailored to the cash flow of a specific project.
• The loan documents which govern a financing and how they interface with the other project documents such as power sales agreements, EPC contracts, supply agreements and insurance arrangements.

To register, please call Abimbola Bajomo, Head of Training & Development via 08110194344 or email a.bajomo@esq-law.com or esqtraining@esq-law.com

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