Pivotal180 Newsletter October 2023

Dear there,

In this newsletter we have included the following content:

• New Team Member
• Course Updates
• Free Resources
• Course Portfolio 
• Promotional Offers 
• Financial Model Audit 

Please feel free to check out all our videos on Pivotal180’s YouTube.

Kind regards,

The Pivotal180 Team.

New Team Member

Matt Davis – Director

We are pleased to announce the appointment of Matt Davis as the newest member of the Pivotal180 team. Matt will be responsible for creating course content, training, consulting and model audit services. A 10-year veteran of the renewable energy industry, Matt has been a part of renewables businesses around the world. In his free time he enjoys working on his guitar skills and golf game, though progress is slow on both fronts. His favorite Excel short cut is Alt+E+S (Paste Special)

Learn more about Matt 

Course Updates

We are continuing to develop new online material for our existing courses and we are excited about the new content we have released in 2023. Having our own film studio enables us to regularly film and provide additional material for our online courses.

New material already added in 2023:

1. Seasonality (Renewable and Project Finance courses)
2. Major maintenance reserve accounts (Renewable and Project Finance courses)
3. Pass-through and blockers update (Renewable and Project Finance courses)
4. Excel shortcuts, tips and tricks (Renewable and Project Finance courses)
5. Background to HLBV (Tax Equity course)
6. HLBV method overview (Tax Equity course)
7. HLBV calculation intro ( Tax Equity course)
8. Model checks (Renewable and Project Finance courses)
9. Updates to ITC, PTC credit structure based on IRA (Renewable and Tax Equity courses)
10. Intro to US tax credits (Renewable and Tax Equity courses)
11. US tax credits – ITC (Renewable and Tax Equity courses)
12. US tax credits – PTC (Renewable and Tax Equity courses)

New material coming soon:

1. AC vs DC energy
2. Transmission vs distribution
3. Inverters and efficiency
4. Overbuild ratio
5. Updates on battery energy flows and battery + solar projects
6. Additional content on tax credit transfers
7. Interest rate day counts
8. More Quizzes

Proposed Banking Rules Imperil the Tax Equity Market

In the USA, there’s a looming threat that just might jeopardize the clean energy transition by restricting the availability of tax equity financing at a pivotal moment when the nation strives to meet its climate change goals.

Tax Credit Transfers Opportunities – In Conversation with Andy Moon

In this episode of Pivotal180 In Conversation, we interview Andy Moon, CEO and Co-Founder of Reunion Infrastructure. We discuss recent changes in the United States’ tax equity market, most notably the transferability of tax credits, and how Reunion has seized on the opportunity presented by transferability and created a marketplace to connect sellers and buyers of tax credits.

Best Practice Financial Modeling 

At a high level, a financial model is a tool that businesses use to predict likely financial outcomes based on a set of defined goals and assumptions.

At the practical level, a financial model is a spreadsheet, typically built in Microsoft Excel, that forecasts a business’s financial performance. The model uses a set of agreed on assumptions to calculate revenue, operating expenses, inventory, capital expenditure, depreciation, and to prepare 3-way financial statements.

Course Portfolio

The courses in our existing portfolio have been developed to equip participants with the knowledge and skills to tackle all the multi-faceted pieces of a transaction

We look forward to assisting you in demystifying project finance and tax equity. Our upcoming courses are listed below.

Renewable live-streaming class begins November 20, 2023. Register today

Renewable in-person course New York December 11-14, 2023 Reserve a Place

Tax Equity live -streaming class begins January 2024.Reserve a Place 

Battery Storage one day-in person New York January 2024 Reserve a Place 

Promotional Offers

We are pleased to offer some exciting promotional offers for our upcoming online and live streaming courses. Simply register via our website.

• 10% discount for anyone purchasing the online courses between October 14 and November 10.
  • Use coupon code trickortreat at checkout
• 15% discount on all registrations for the final live streaming renewable course for 2023.
  • Use coupon code yearend at checkout

A Project Finance and Infrastructure Modeling

Learn the concepts to develop a financial model related to PPP/P3s for both social and economic infrastructure. A mining financial model will be added to this course soon. Watch this space. Make sure to keep an eye out for the update.

Renewable Energy Project Finance Modeling

Learn how to develop a best-practice financial model and optimize it for both debt & equity investors for a renewable energy project finance deal. Using a case study learn the concepts required to develop a financial model related to wind and solar.

Introduction to Battery Storage

Grow your knowledge of topics related to battery storage including energy markets fundamentals, types of battery storage technology, uses of storage capacity, battery terminology, economics behind batteries, and risks associated with the storage investments.

Tax Equity Modeling

Gain an overview of the tax equity structures commonly used in U.S. renewable energy investments, with a focus on the development of a financial model. Dive deep into tax capital accounts, deficit restoration obligations, stop loss allocations, and HLBV accounting.

Financial Model Audit /Due Diligence

Haydn and the Pivotal180 team are some of the most experienced model auditors in the market. If you need a review of a financial model, please contact haydn@pivotal180.com  or bastian@pivotal180.com