Webinar - Beyond tolls and floors: bankable swaps in Italy

Beyond tolls and floors: bankable swaps in Italy

Date: 01 December I Time: 11:00 a.m CET


Most lenders want a toll or floor before they finance a battery project. In Italy, these contracts are scarce, and many projects won’t get one. So how do you make your project bankable without them?

Swap agreements are a strong alternative. They give lenders the revenue visibility they need, and they are simpler than many think. In this webinar, Entrix, Encavis and BNP Paribas share the optimizer’s, the asset owner’s and the lender’s view.

What you’ll take away

  • Swaps made simple: the main swap structures at a glance, from physical to financial and fixed to perfect foresight, and the risk profile of each
  • How the risk is managed: how Entrix uses optimization to manage the market risk of financial swaps
  • An asset owner’s experience: how Encavis approaches offtake and swap discussions, and how it works with optimizers and banks
  • What lenders look for: How banks assess bankability of swaps and alternative structures like tolling agreements and what risk mitigants they look for

Who should attend: BESS asset owners, developers, investors and financiers active in the Italian market.

Speakers:

Chiara Beltaro - Entrix Market Expert Italy

Marco Di Costanzo - Encavis Lead Origination & Power Sales - Italy

Benjamin Venet - BNP Paribas Vice President, Low Carbon Transition & Infrastructure

Carlos Márquez - Renmad Markets Intelligence Director [Moderator]

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