International Seminar Financing Rural Electrification in ......International Seminar Financing Rural Electrification in Africa Accessing Funding Sources & Financial Instruments •

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Funding Sources & Financial Instruments from:

United Nations • European Commission • African Development Bank Local Banks • Private Equity • Global Crowd Funding

International Seminar

Financing Rural Electrification in AfricaAccessing Funding Sources & Financial Instruments • Blending Private & Public Funding • Maintenance Financing 30th – 31st May 2016, Berlin

With the following experts:

• United Nations Development Programme – UNDP, Bureau for Policy and Programme Support, Low Emission Capacity Building Programme, Climate Change, Technical Advisor

• European Commission, Directorate General for International Cooperation and Development, Unit for Sustainable Energy and Climate Change, Head of Sector – Energy

• African Development Bank – SE4All Africa Hub, African Climate Technology Finance Center and Network, Energy Expert – Long-term Consultant, Republic of Côte d‘Ivoire

• Nigerian Export-Import Bank, Risk Management, Chief Risk and Compliance Officer, Nigeria

• KfW Group / DEG – The German Investment and Development Company, Director, Strategic Projects

• Renewable Energy and Energy Efficiency Partnership – REEEP (Intermediate Organisation), Director General

• Alliance for Rural Electrification – ARE, Vice-President

• Netherlands Development Finance Company – FMO, Fund Manager, the Netherlands

• Mobisol, Head of Business Development, Germany

• Bamboo Finance, Fund Manager, Austria

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INTERNATIONAL SEMINAR

Financing Rural Electrification in Africa

Fighting poverty and accelerating development is possible through rural electrificationAfrican countries, societies and economies are accelerating their rise and integration

into the world economy by fostering rural electrification. Building on a strong agricultural

base and on vast natural resources, industrialisation and the service sector are

generating jobs and welfare for the people in developing countries. This would be

impossible without access to affordable and reliable energy. Energy is the pre-requisite

for local economic growth such as small companies, local industrialisation and

agricultural upscaling. Adding to these positive economic effects, human development

is aided by electrification through improved water supply, health care and education.

But the success of projects in rural electrification mainly depends on an effective funding

and a good financial management. The energy focus is present in funding instruments

from organisations such as AfDB, UNDP, EU and IDB, as well as private funding sources.

The multitude of funding and financial instruments for rural electrification makes it

difficult to obtain a comprehensive overview that highlights the differences between the

funding options. As a result, applying successfully for different funds has proven to be

difficult and will remain so. Nevertheless, to promote rural electrification through funding

programmes is worth spending time on an application. All these programmes offer

great possibilities for cooperation between SMEs, administrators, researchers, local

communities, but also investors from the private sector, if they are handled correctly.

Know how to apply for funding programmes effectivelyPractitioners from the private, public and research sectors as well as SMEs are

confronted with a range of challenges when applying for funds. The knowledge of

where to get funding and financial instruments and how to comply with all obligations

that need to be fulfilled for a proper application are the key factors of success. Being

aware of the characteristics of high quality proposals further strengthens the position of

prospective recipients. During the course of the project, there are further administrative

requirements that have to be followed: Eligibility of costs, performance indicators as

well as reporting obligations are always difficult to assess for Project Leaders and

Administrators. Consequently, a profound knowledge of these requirements is crucial

to avoid a recovery of grants or bad investments. Therefore, take the opportunity at our

International seminar to receive first-hand information from experienced practitioners

in this field. Profit from best practice examples in order to manage successfully rural

electrification actions and to make full use of available funding.

Who is this seminar for?

This International Seminar is addressed towards Directors, Heads of Departments, Senior and Chief Experts as well as Project Managers and Project Coordinators in the field of rural electrification from the following organisations:

• Companiesinthefieldof RuralElectrification• Engineering Companies• Agri-Business Companies looking forelectrificationsolutionsfortheir agricultural activities• National and Regional Ministries andAgenciesinthefieldsofEnergy, Finance, Environment, Agriculture, Regional & Rural Development, Infrastructure and Research• Private Companies / SMEs in Renewable Energies• Public and Private Energy Providers• Agencies for Development Aid / Cooperation• International, European and National Organisations and NGOs• Central and Regional Business and Development Agencies• Public and Private Investment, Development and Regional Banks• Energy Service Companies (ESCOs)• Private Equity Firms• Maintenance Providers for Energy Systems and Grids • Higher Education Institutions, Research Institutes and Technology Clusters• Hospitals and Health Care Institutions in Rural Areas

In departments such as:

• Finance, Funding• Infrastructure,Electrificationand Construction and Planning• Rural Development, Agriculture• Project Coordination and / or Project Management• Construction and Planning• Grid Management• EU and/or International Relations, External Cooperation• Research

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What will you learn at this international seminar?

• Whicharetherelevantfundsandfinancialinstrumentsforruralelectrification?

• Whatoptionswillcrowdfundingofferonaglobalscale?

• Howtoapplycorrectlyforthesefundsandfinancialinstruments

• How to identify and make best use of national and local funding sources

• How to combine different sources

• Howtoproceedtomakeyourruralelectrificationprojectsustainable

• Whichfinancialsourcesareavailabletobridgethegapbetweenstart-upphaseand

marketdeployment?

• Howtoupscaleyourruralelectrificationprojecttomakeitviable

• How to access commercial growth capital

• InwhichwaycanPublicPrivatePartnerships(PPP)contributetoaruralelectrification

project?

©cdkn.org

Your benefits

• Receive an overview of the different funding sources in rural electrification

• Develop an extended understanding of the importance and mechanisms of pre- and post project evaluation and how to fund them

• Learn about the advantages and pitfallsofthesefundsandfinancial instruments

• Becomeanexpertinidentifing national and local funding possibilities

• Learn how to use and combine these funds

• Aquirefirsthandknowledgeonhow tomakeruralelectrificationprojects sutainable and avoid the ‘valley of death’ phase after the funding has ended

• Receive a cutting edge insight in the new possibilities and tools of global crowdfunding

• Get an update on the possibilities offered by private equity capital

• Learn how to upscale your rural electrificationprojectattheright timeandinanefficientwaytomake itflourish

©capacity4dev.ec.europa.eu

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12.00-12.45

ElectriFI: Financing Rural Electrification – The Goals and Possibilities • Background• Objectives• Financing process• Examples and lessons learnt• Preview on AgriFiFrederik J. van den Bosch, Fund Manager, Netherlands Development Finance Company – FMO, the Netherlands 12.45-13.00

Discussion Round 13.00-14.00

Lunch Break and Networking Opportunity

8.30-9.00

Registration and Handout of Seminar Material

9.00-9.05

Opening Remarks from the European Academy for Taxes, Economics & Law

9.05-9.30

Welcome Note from the Chair and Round of IntroductionsAlexandra Soezer, Climate Change Technical Advisor,Low Emission Capacity Building Programme, Bureau for Policy and Programme Support, United Nations Development Programme – UNDP 9.30-10.15

Financing Energy Access in Developing Countries •Venturebusinessmodelsforruralelectrification• Renewable energy policies•Investmentcostsandfinancestructure• Public Private Partnerships (PPP’s)•Financialflowsandmanagement• National and international FinanceAlexandra Soezer, Climate Change Technical Advisor,Low Emission Capacity Building Programme, Bureau for Policy and Programme Support, United Nations Development Programme – UNDP 10.15-10.30


Coffee Break and Networking Opportunity

11.00-11.45

EU Energy Cooperation: EmPowering Development Through Rural Electrification • Policy dialogue • Enabling environment• Support for investmentsGeorgios Pantoulis, Head of Sector, Directorate General for International Cooperation and Development for Sustainable Energy and Climate Change, European Commission 11.45-12.00

Discussion Round

PROGRAMME DAY 1


Global Challenges on Financing Rural Electrification

European Funding Sources for Rural Electrification

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From 17.15 Get-Together ReceptionAll seminar participants are cordially invited to an informal evening get-together.

Local Funding Sources for Rural Electrification

Steps Towards Financial Sustainability

14.00-14.45

Combining Facilities as a Viable Option for Funding Rural Electrification in Africa • Nature and scope of combining• Economic gains, key concerns of combining and the road towards a balanced approach• Review of existing combining facilities in Africa – Selected cases•Efficiencyandeffectivenessofcombining•Optimaldeploymentofcombiningfundingforruralelectrification on Africa• Key recommendationsDr Emmanuel Moore Abolo, Chief Risk and Compliance Officer, Risk Management, Nigerian Export-Import Bank 14.45-15.00


Coffee Break and Networking Opportunity 15.30-15.50

How to use „Patient Funds“ and other SmallFinancial Vehicles to Support Growth and Financial Sustainability in Frontier Markets •Financingruralelectrificationinfrontiermarkets• Innovative funding and how to make use of it• Lessons learnt and future challengesMartin Hiller, Director General, Renewable Energy and Energy Efficiency Partnership – REEEP, Austria 15.50-16.15


Crowdfunding Mitigation at Scale – Open Investment Opportunities in Renewable Energy to Individual Investors • Introduction of an innovative crowd-funding platform for large- and small-scale crowd investing (equity / debt)• Project types • Incentives for investors•Certificationofprojectsthroughtechnical,financialandimpact due diligence• Financial productsAlexandra Soezer, Climate Change Technical Advisor,Low Emission Capacity Building Programme, Bureau for Policy and Programme Support, United Nations Development Programme – UNDP 17.00-17.15

Discussion Round

17.15-17.30

Up-Scaling Program: Financing early stage SMEs in the renewable energy sector • Overview of Up-Scaling Program• Criteria for Funding-Selection• Experience with Up-Scaling PortfolioDr Thomas Koch, Director, Strategic Projects, KfW Group / DEG – The German Investment and Development Company 17.30-17.40

Discussion Round 17.40

Coffee Break

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PROGRAMME DAY 2


13.30-14.15

Financing Project Implementation and Security• Operational excellence of projects or businesses•Challengesandopportunitiestofinancialsecurityofprojects or businessesCarolin Nijland, Director Business Development, Foundation Rural Energy Services (FRES), Vice-President, Alliance for Rural Electrification (ARE) Vice-President 14.15-14.30



Private Equity: How to Access Commercial Growth Capital for Rural Electrification•Debtandequityfinancing• How to prepare for investors• What to expect from investorsChristian Schattenmann, Fund Manager, Bamboo Finance, Austria 15.45-16.00


The Joys and Pains of Financing Scale in Rural Electrification – Experiences from On-Site Project Implementation•Equityvs.debtfinancing•Onbalancesheetdebtfinancingissuboptimal• How to deal with FOREX risk• Real scale with off-balance sheet vehicles. The case of MOOVE (MObisol Offgrid Financing VEhicle)Thomas Duveau, Head of Business Development, Mobisol GmbH, Germany 16.45-17.00

Final Discussion Round 17.00

EndofSeminarandHandoutofCertificates

Financing Project Implementation and Maintenance

Steps Towards Financial Sustainability

9.00-9.05

Welcome Note from the ChairMartin Hiller, Director General, Renewable Energy and Energy Efficiency Partnership – REEEP, Austria 9.05-09.35

Using Public Funding for Monitoring and Evaluation of Projects in Rural Electrification• Use of public funding and importace of evaluation for funded projects• Establishing market data• Evaluate initial projects• Attention to details• Understanding new markets to ensure rapid growthMartin Hiller, Director General, Renewable Energy and Energy Efficiency Partnership – REEEP, Austria 9.35-10.00



Achieving Universal Energy Access in Africa – Strategy and Instruments of the African Development Bank (AfDB)• Overview of AfDB strategy for the energy sector • The New Deal for Energy in Africa - update on implementations• Linkages with SE4All and SDG7 objectives•Ruralelectrificationprojects• Founding opportunitiesDr Giorgio Gualberti, Long-term Consultant – Energy Expert, African Climate Technology Finance Center and Network, SE4All Africa Hub, African Development Bank, Republic of Côte d‘Ivoire 11.15-11.30


Clean Mini Grids and Off-Grid for Rural Electricity Access in Africa• The role of Clean Mini Grids and off grids to achieve universal ruralelectrification• The SE4All High Impact Opportunity on Clean Mini Grids• AfDB support instruments for Green Mini Grids and Off Grid Energy• Successful business models in AfricaDr Giorgio Gualberti, Long-term Consultant – Energy Expert, African Climate Technology Finance Center and Network, SE4All Africa Hub, African Development Bank, Republic of Côte d‘Ivoire 12.15-12.30


Lunch Break and Networking Opportunity

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SPEAKERS


Alexandra SoezerClimate Change Technical Advisor, Low Emission Capacity Building Programme, Bureau for Policy and Programme Support, United Nations Development Programme – UNDP AlexandraSoezerhasgainedextensiveexperienceacrossthefieldofclimateandenergythroughworkingwithmultilateral organisations, banks and research. She is providing technical support to countries for the design of sector-wideclimatechangemitigationprogrammes,includingpotentialbusinessmodels,costsandfinancestructureand policy incentives. Alexandra Soezer has also worked for the Austrian CDM/JI Purchasing Programme, managed byKommunalkredit, theAustrianbankforpublic infrastructurefinance.Earlier inhercareer,AlexandraSoezerworked at the Austrian Institute of Technology on a global Programme on Assessment of Air Pollution and Other Stresses on plants.

Georgios PantoulisHead of Sector, Directorate General for International Cooperation and Development, Unit for Sustainable Energy and Climate Change, European Commission Georgios Pantoulis is Head of the Energy Sector in the Directorate-General for International Cooperation and Development of the European Commission, coordinating the implementation of energy cooperation policies and providing technology, expertise and funding focusing on three main challenges: price volatility and energy security; climatechange, includingaccessto lowcarbontechnologies;andaccesstosecure,efficient,affordable,cleanandsustainableenergyservices.AflagshipinitiativethattheEuropeanCommissionsupportsinthisfieldistheElectrificationFinancingInitiative(ElectriFI),aflexible toolelaboratedby industryanddevelopmentfinanciers,aiming to boost investments providing access to reliable, affordable and sustainable energy and energy services.

Dr Giorgio GualbertiLong-term Consultant – Energy Expert, African Climate Technology Finance Center and Network, SE4All Africa Hub, African Development Bank, Côte d‘IvoireDr Giorgio Gualberti has been a Consultant for the African Development Bank, Energy, Environment and Climate Change Department since 2014. He supports the SE4All Africa Hub in the implementation of SE4All strategy and the African Climate Technology and Finance Center in technical assistance to SSA Countries in the energy sector. Previously,fortheUniversityofLisbon,hehasbeenascientificcoordinatorandprojectofficerofseveralEU-fundedprojects on energy and climate change in Africa and Latin America. He published extensively on energy issues for developing countries in leading international journals.

Dr Emmanuel Moore AboloChief Risk and Compliance Officer, Risk Management, Nigerian Export-Import Bank DrEmmanuelMooreAbolohasgatheredvastexperienceonriskandfinancialmanagementinelectrificationprojectsin several African countries. Prior to this, he was the Chief Economist & Head, Group Market Risk Management, OperationalRiskManagement,Anti-FraudOfficer,ERMCo-ordinatorandProjectManager-Basel IIatAccessBank Plc since 1997. During that time, he also worked for the First Bank of Nigeria as Chief Economist from 2003 to 2004. He is a consummate professional with extensive experience in macroeconomics and regulatory issues, risk management, governance, compliance, project management, strategy crafting and execution spanning over 13 years. Emmanuel Moore Abolo is also Council member at Gerson Lehrman Group; GRC Faculty member, Chartered Institute of Bankers of Nigeria and Member, National Think Tank and PRMIA group member (Operational Risk and BusinessContinuityManagement).HeisequallylistedamongAfrica’sfinestmindsinRiskManagementbytheWorld Bank and was awarded the National Merit Award by the Federal Government of Nigeria in 1984.

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SPEAKERS


Dr Thomas KochDirector, Strategic Projects, KfW Group / DEG – The German Investment and Development Company Thomas Koch has been Director of strategic Projects at the DEG since 1999. With his current strategic projects, Thomas is involved in structuring an SME impact venture capital fund for Sub-Sahara Africa, the set-up of infrastructure project developer companies and the due diligence of SME Up-Scaling Program clients. Since 1999 with DEG, he was in former positions Chief Economist & Head of Economics/Development Policy as well as Senior Investment Manager in Financial Institutions.

Martin HillerDirector General, Renewable Energy and Energy Efficiency Partnership – REEEP Martin Hiller has been Director General of REEEP since December 2011. He has over 20 years of experience in environmental issues and sustainability, policy, specialised policy communications and campaigns, and an in-depth knowledge of climate change and energy policy. Under his leadership, REEEP has sharpened its focus as a catalyst for up-scaling clean energy business models. Prior to joining REEEP, Martin Hiller had a distinguished career with the World Wide Fund for Nature (WWF) where he led campaigns and communications in the global climate andenergyprogramme.Earlier,heestablishedthefirstEU-specificcampaignoperationformanyenvironmentalNGOinBrussels,developedWWF’sEuropeancommunicationsoperations,andcreatedthefirstEU-specificpolicycampaign. Until 2013, Martin Hiller was also founding President of the Board of the Gold Standard Foundation, the world’s prime quality carbon offset provider, and was a member of the Board until 2014.

Carolin NijlandDirector Business Development, Foundation Rural Energy Services (FRES), Vice-President, Alliance for Rural Electrification (ARE) Vice-PresidentCaroline Nijland is Director Business Development of Foundation Rural Energy Services (FRES) in the Netherlands. Since2007,herprincipalresponsibilitiesaretofindfundingfortheimplementationofruralelectrificationactivitiesinSub-SaharanAfrica (solarhomesystemsandsolar/hybridmini-grids)and to implement ruralelectrificationactivities. As a board member of the 5 FRES companies, she supervises their operations to ensure operational excellence. She works closely with international / national governments and development institutions in Africa to implement the activities. Since February 2014 she also has been Board Member / Vice President of the Alliance for RuralElectrificationinBrussels.From2000,shebecameinvolvedinthefieldofruralelectrificationinSub-SaharanAfrica and sustainable development and has extensive experience in setting up and managing small scale electricity companies in thisfield.She isspecifically interested in thetopicofprovidingelectricity toruralandperi-urbanareasthroughtheuseofsolarenergyinSub-SaharanAfrica.Hermaininterestsarelegal,regulatory,financialandoperational topics.

Thomas DuveauHead of Business Development, Mobisol GmbH, Germany Thomas Duveau joined Mobisol as Head of Business Development in June 2013. With his team, he is responsible for market entry strategies and strategic partnerships. ThomasDuveauworkedasanofficerforrenewableenergiesforWWFGermanyfrom2008to2013.Priortothat,heserved as Vice President at Global Capital Finance (Investment with a focus on renewable energies) 2005 to 2008.

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SPEAKERS


Frederik J. van den BoschFund Manager, Netherlands Development Finance Company – FMO, NetherlandsFrederik J. van den Bosch has been Fund Manager for FMO since 2006. Currently, he is in charge of the MASSIF fund, thatprovideshighriskfinancing(includingequitystakesandlocalcurrencyfunding)tosmallfinancialinstitutionsindevelopingcountries.HebeganhiscareeratFMOin2001asInvestmentOfficerintheAfricateamwithfocusonsmallbanks and leasing companies in Francophone Africa and several large scale Energy Generation projects in Africa. Later on, he managed an infrastructure fund and a fund for Dutch SMEs investing in developing countries. In 2006, Frederik J. van den Bosch set up FMO‘s Access to Energy Fund of EUR 70 mln for high risk energy investments in developing countries. Currently, Frederik J. van den Bosch is setting up the ElectriFI fund in a new EDFI Management Company in Brussels. ElectriFI starts with EUR 75 mln from the European Commission, under the DCI Blending Framework.

Christian SchattenmannFund Manager, Bamboo FinanceChristian Schattenmann is in charge of the energy investments of Bamboo Finance. Before focusing on off-grid electrification,hejoinedBambooFinancein2007asCOOandCFO.Hestructuredandnegotiatedseveralinvestmentsin off-grid energy companies and represents Bamboo as a board member in portfolio companies. Prior to joining Bamboo, he was Investment Manager at the Venture Capital Group Pari and then Finance Director at PACT, a Germany/US based Semiconductor Company and one of Pari’s portfolio companies.

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IN COOPERATION WITH

Alliance for Rural Electrification (ARE)

Renewable Energy and Energy Efficiency Partnership

TheAllianceforRuralElectrification(ARE)isaninternationalbusinessassociationrepresentingthedecentralisedenergysectorworkingtowardstheintegrationofrenewablesintoruralelectrificationmarketsindevelopingandemergingcountries.

Our90membersbringthelatestandmostmoderncleanoff-gridsolutions.AREmembershaveaccesstoearlyfinanceandarewidelyrecognised for their business models and track record of effective project implementation. Find out more…

REEEP invests in clean energy markets in developing countries to reduce CO2 emissions and build prosperity.

Leveraging a strategic portfolio of high impact projects, REEEP creates, adapts and shares knowledge to build sustainable markets forrenewableenergyandenergyefficientsolutions;advanceenergyaccess,improvelivesandeconomicopportunities;andreduceclimate and environmental damage. Find out more…

http://www.ruralelec.org/

http://www.reeep.org/

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Date of Event30th – 31st May 2016, Berlin

Booking NumberS-1289

Event LanguageThe event language will be English.

Event PriceEarly booking price valid until the 18th of March 2016:1.189,- Euro excl. German VAT (19%)Normal price from the 19th of March 2016: 1.389,- Euro excl. German VAT (19%)

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International Seminar Financing Rural Electrification in ......International Seminar Financing Rural Electrification in Africa Accessing Funding Sources & Financial Instruments •