List of Tables

Abstract

Table 2.1 Necessary paradigm shift in the electricity supply (own representation) 55 Table 6.1 Cash flow waterfall (own representation) 185 Table 6.2 Overview of project revenue (own representation) 185 Table 6.3 Overview of operational costs (own representation) 186 Table 6.4 Ways to decrease information asymmetries (own representation) 189 Table 6.5 Completion risk and potential risk mitigation (own representation) 190 Table 6.6 Technology risk and possible risk mitigation (own representation) 191 Table 6.7 Operational risk and possible risk mitigation (own representation) 191 Table 6.8 Market risks and possible risk mitigation (own representation) 192 Table 6.9 Resource risk and risk mitigation (own representation) 194 Table 6.10 Regulatory risk and risk mitigation (own representation) 194 Table 6.11 Examples for application on renewable energy project finance (own representation) 196 Table 6.12 Example for choice between Whitewater and Scaramanga (own representation) 199 Table 6.13 DSCR, CFADS and debt service (own representation) 203 Table 6.14 LLCR, NPV of CFADS, debt balance (own representation) 205 Table 6.15 DSRA development (own representation) 206 Table 6.16 Example of NPV calculation (own representation) 209 Table 6.17 Example of IRR calculation (own representation) 210 Table 6.18 Sample base case scenario for a German wind farm (own representation) 211 Table 6.19 Alternative scenario of the project using decreasing electricity prices (own representation) 212 Table 6.20 Variation of loan maturity – IRRand DSCR-implications (own representation) 213 Table 6.21 DSCR and IRR – change in grace period (own representation) 214 Table 6.22 DSCR and IRR – implementation of a DSRA (own representation) 215 Table 6.23 DSCR and IRR – effect of flexibilization of O&M costs (own representation) 216 Table 6.24 Special aspects of project financing in restructuring (own representation) 217 Table 6.25 Structural topics in the restructuring of project financing transactions (e. D.) 218 Table 6.26 Overview of legal actions in transaction restructurings (own representation) 219 Table 10.1 Factors for PPA pricing (own representation) 291 Table 10.2 Representations of possible pricing structures (own representation) 291 Table 11.1 The idea phase: dos and don’ts (own representation) 301 Table 11.2 The conceptual phase: dos and don’ts (own representation) 308 Table 11.3 The contractual phase: dos and don’ts (own representation) 320 Table 11.4 Connection agreement versus grid codes (own representation) 327 Table 12.1 Costs of debt and equity, leverage and tax rate. Based on Egli et al. (2018) 339