PROJECTS / Economic and Financial Due Diligence and Advisory Services for the Development of Geothermal Energy, Eastern Caribbean

Economic and Financial Due Diligence and Advisory Services for the Development of Geothermal Energy, Eastern Caribbean

Latin America and the Caribbean

April 3, 2024

WWF hired K&M to conduct a comprehensive training program for Wington on Financial Modeling for Renewable Energy (RE) Projects. This virtual training is designed to equip Wington with the skills to develop a financial model that aligns with the Caribbean Development Bank’s (CDB) standards. The program is structured into two parts, spread over three days. Part 1 focuses on the core components of a financial model for RE projects, addressing crucial aspects like the levelized cost of electricity, financing requirements, annual electricity output, impact of varying assumptions, and key financial indicators such as Internal Rate of Return and EBITDA margin. This section includes detailed instructions on modeling various phases of project development, capital and operational expenditures, revenue generation, financial statements, and essential financial and operational indicators. Part 2 offers a practical walkthrough of the financial model K&M developed for Wigton, illustrating the model’s modules, data sources, calculations, interrelations, and application in sensitivity analysis.

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