A SWISS PRE INVESTMENT FACILITY
WITH MAIN FOCUS ON SUB-SAHARAN AFRICA
WHO WE ARE?
The Energy Project Facilitator (EPF) is an innovative financial mechanism launched by R20, Alpiq and BG to facilitate the feasibility studies of promising renewable energy projects.
The Energy Project Facilitator is a partnership between:
• BG Consulting Engineers, a Swiss consulting and engineering company which provides extensive services in the fields of energy, infrastructure, building and environment.
• ALPIQ, a leading Swiss electricity and energy services provider, with a European focus, active in electricity production, as well as energy trading and sales.
• R20, Regions of Climate Action, an NGO whose mission is to help sub-national governments around the world to develop low-carbon and climate resilient infrastructure projects.
The fields covered by the EPF
Solar
Hydro
Biomas
HOW IT WORKS
Overview
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Local authorities or private developers submit their project proposals to the EPF.
The EPF accompanies applicants through a dedicated process and, after board’s approval, finances the feasibility studies.
Feasibility studies evaluate technical, economical and legal feasibility as well as environmental and social impacts, determining project’s success conditions.
Once projects reach financial closing, the EPF is reimbursed with a success fee previously agreed on by both parties. The EPF design makes it a revolving fund allowing undertaking of more feasibility studies.
01.
Local authorities or private developers submit their project proposals to the EPF.
02.
The EPF accompanies applicants trough a dedicated process and, after board’s approval, finances the feasibility studies.
03.
Feasibility studies evaluate technical, economical and legal feasibility as well as environmental and social impacts, determining project’s successes conditions.
04.
Once projects reach financial closing, the EPF is reimbursed with a success fee previously agreed on by both parties. The EPF design makes it a revolving fund allowing unde
Specific stages of the EPF
A project proposal is submitted by the applicant
The EPF secretariat reviews the formal application
The EPF board evaluates the request for feasibility study
Once the request is accepted, the Board sets up a field mission to assess the situation and determine the Terms of Reference
The EPF and applicant agree on Terms and Conditions and Term of Reference
The EPF Board and applicant sign the contract
The EPF performs the feasibility study
The EPF helps the applicant secure investments that will allow the recovery of a success fee for the EPF
A project proposal is submitted by the applicant
The EPF secretariat reviews the formal application
The EPF board evaluates the request for feasibility study
Once the request is accepted, the Board sets up a field mission to assess the situation and determine the Terms of Reference
The EPF and applicant agree on Terms and Conditions and Term of Reference
The EPF Board and applicant sign the contract
The EPF performs the feasibility study
The EPF helps the applicant secure investments that will allow the recovery of a success fee for the EPF
Benefits for the Applicant
SUSTAINABLE DEVELOPMENT GOALS
The EPF is committed to the Sustainable Development Goals (SDGs) and will ensure a rigurous monitoring of the environmental, social and economic impact of the projects undertaken using recognized standards.
Feasibility studies will seek for the most sustainable options and look for scaling up potential, thus promoting new best practices regarding clean energy production. The transition to a renewable energy future will provide access to energy for all, create new jobs and improve the global management of resources.
A BENEFICIAL COLLABORATION
Sustainability self revolving fund thanks to success fee model agreed by the investors and project developers.
Best use of resources, with a “funnel” process designed to control the risks of non completion at every stage of the feasibility study.
Best selection of projects, with a dedicated Board including technical partners and investors.
MITIGATING FINANCIAL RISK
The EPF reduces the risk taken by the beneficiary by bearing the financial and technical risk of the feasibility study. At a later stage, the assistance provided by the EPF in seeking investors will also maximize the chances of reaching financial close and thus effective implementation.
HOW TO APPLY
DOCUMENTS REQUIRED
01 • An official letter of feasibility study request.
02 • Project documentation.
03 • A presentation of the applicant.
04 • A commitment to the principles of the SDGs
and the UN Global Compact.
CONTENTS OF THE PROJECT DOCUMENTATION
All projects should be presented with diligence.
It is strongly encouraged to include the following points in the project documentation:
• General overview of the geographical and socio-economic situation
• Current status and projection of energy production transport (collection, waste composition and quantity, systems and organization in place, current performance, etc.)
• Result to be achieved with preliminary well-defined objectives of the project
• Suggested means of achieving results including land acquisition
• A preliminary financial and economic analysis as well as a clearly outlined resource estimate
• A preliminary implementation schedule
• An overview of the main challenges and risks that may be encountered
• Proposed applicant contribution to the process
Applicants should clearly differentiate known facts from reasonable hypothesis in their presentation.