Pivotal180 Newsletter March 2023

In this newsletter:

• News 
• Course Updates
• Course Portfolio and Classes 
• Pricing and Discounts
• Free Resources
• Financial Model Audit 

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

Kind regards,

Team at Pivotal180

News

Before moving to the exciting news for 2023, here is a quick recap of what Pivotal180 achieved in 2022. 43 courses,102 days of training, 650 online licenses, and over 1350 individual participants trained. With 1 new course launched, the portfolio of online courses is now 4. Thankyou to everyone for your support and trust in Pivotal180.

To make our content more accessible we have started translating the free resources into Spanish. Please click this link to see an example.

The Inflation Reduction Act (IRA) was signed into law by President Biden on August 16, 2022.The new tax credit structure of the IRA has led to a quest for clarification. Over a series of opinion pieces we aim to distill the key changes and highlight what to expect as the market adapts to this new environment. We have so far  written three articles and these are available in the free resources page of our website. In the coming weeks we will publish more articles about market expectations and tradeoffs between the different tax credit structures.

Course Updates

We have been busy developing new online material for both new and existing courses and are excited about the new content we have released in 2023.

Pivotal180 have moved into new offices which includes our own film studio. This will enable us to regularly film and provide additional material for our online courses. We will be adding even more new videos over the next few weeks.

New material already added in 2023:

1. Seasonality (Renewables and Project Finance courses)
2. Major Maintenance Reserve Accounts (Renewables and Project Finance courses)
3. Pass-through and blockers update (Renewables and Project Finance courses)
4. Excel shortcuts, tips and tricks (Renewables 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)

Additional new material being released within next month

1. Updates to ITC, PTC credit structure based on IRA (Renewables and Tax Equity courses)
2. 45Q tax credit (Renewables and Tax Equity courses)
3. Interest rate day counts (Renewables and Project Finance courses)
4. Model Checks (Renewables and Project Finance courses)

New material currently in production

1. Tax Equity concepts course (including key negotiation points, fair market value, contents of CIM, transferability etc.).
2. Introduction to financial modeling course
3. Solar/Wind + Storage addition to battery course
4. Alternative revenue structures (VVPAs, hedges etc.) for renewables course
5. Mining addition to project finance course

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. and to understand the broader context..

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

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!

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.

Renewable Energy Project Finance Modeling

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

Introduction to Battery Storage

This course covers topics related to battery storage including energy markets fundamentals, types of battery storage, uses of storage capacity, battery terminology, economics behind batteries, risks associated with the storage investments.

Pricing and Discounts

Introduction to Battery Storage discount for existing customers extended to April 30, 2023.

Free Resources

Our free resources include videos, blogs, how-to guides, webinars and course samples

Guidance on Prevailing Wage and Apprenticeship Requirements

The IRS has issued guidance for the prevailing wage and apprenticeship requirements. These requirements are key drivers of the final credit value.

Financial Planning

Building a financial model for your business provides unparalleled value in financial planning.

Best Practice Financial Modeling 

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

Financial Model Audit /due diligence

Haydn is one of the most experienced model auditors in the market. If you need a review of a financial model, please reach out to us.

Please contact haydn@pivotal180.com  or alison@pivotal180.com