About this Virtual Instructor Led Training (VILT) This 4 half-day Virtual Instructor Led Training (VILT) course will address a variety of contract and loan structuring issues associated with geothermal energy projects as well as comparison with solar, wind and battery storage. The course is designed to investigate how various project finance techniques and contract structures can be used to achieve a competitive power prices while maintaining a satisfactory equity return. Distinctive project finance features of power facilities that depend on geothermal, wind, hydro or solar resources will be evaluated with financial models. The course will cover economic analysis of exploration and development of geothermal facilities and how to incorporate probability of failure and success into an IRR framework. Subsequent sessions will address the theory underlying liquidated damages for delay, and performance as well as design of other incentives that is inherent in different contract structures. Nuanced project finance issues associated with structuring debt for renewable projects will be discussed including under what conditions the DSCR drives debt capacity and when the debt to capital ratio is instrumental. The course will be taught with a combination of theoretical discussions, term sheet review and focused financial models. Training Objectives Evaluation of the economic risks that arise from uncertainty associated with drilling exploration wells and development wells for geothermal projects. Analyse the theoretical issues with computing LCOE for geothermal projects compared to other renewable and non-renewable resources and the importance of cost of capital for renewable projects; Understand differences in contract structures for renewable projects and dispatchable projects and how a single price structure can distort incentives for efficient construction and operation; Understand components of financing that influence the bid price required to meet a required rate of return on equity and can result in relatively low prices with reasonable returns. Understand the importance of debt sizing constraints and what strategies are relevant when the debt to capital constraint applies relative to when the debt service coverage ratio drives the debt size; Understand how to compute P50, P90 and P99 for different projects driven by resource risk; Understand the difference between mean reverting resource variation and estimation mistakes that do not correct as the basis for 1-year P90 and 10-year P90. Understand under what conditions debt sculpting can affect returns and how synthetic sculpting can be used to increase returns when the DSCR constraint applies. Understand the theory of credit spreads, variable rate debt and interest rates in different currencies and compute the implied probability of default that in inherent in credit spreads. Understand how to evaluate the costs to equity investors and the benefits to lenders for various credit enhancements including DSRA accounts, cash flow sweeps and covenants. Course Level Basic or Foundation Training Methods The VILT will be delivered online in 4 sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day, including time for lectures, discussion, quizzes and short classroom exercises. Trainer Your expert course leader provides financial and economic consulting services to a variety of clients, he teaches professional development courses in an assortment of modelling topics (project finance, M&A, and energy). He is passionate about teaching in Africa, South America, Asia and Europe. Many of the unique analytical concepts and modelling techniques he has developed have arisen from discussion with participants in his courses. He has taught customized courses for MIT's Sloan Business School, Bank Paribas, Shell Oil, Society General, General Electric, HSBC, GDF Suez, Citibank, CIMB, Lind Lakers, Saudi Aramco and many other energy and industrial clients. His consulting activities include developing complex project finance, corporate and simulation models, providing expert testimony on financial and economic issues before energy regulatory agencies, and advisory services to support merger and acquisition projects. Our key course expert has written a textbook titled Corporate and Project Finance Modelling, Theory and Practice published by Wiley Finance. The book introduces unique modelling techniques that address many complex issues that are not typically used by even the most experienced financial analysts. For example, it describes how to build user-defined functions to solve circular logic without cumbersome copy and paste macros; how to write function that derives the ratio of EV/EBITDA accounting for asset life, historical growth, taxes, return on investment, and cost of capital; and how to efficiently solve many project finance issues related to debt structuring. He is in the process of writing a second book that describes a series of valuation and analytical mistakes made in finance. This book uses many case studies from Harvard Business School that were thought to represent effective business strategies and later turned into valuation nightmares. Over the course of his career our key course expert has been involved in formulating significant government policy related to electricity deregulation; he has prepared models and analyses for many clients around the world; he has evaluated energy purchasing decisions for many corporations; and, he has provided advice on corporate strategy. His projects include development of a biomass plant, analysis and advisory work for purchase of electricity generation, distribution and transmission assets by the City of Chicago, formulation of rate policy for major metro systems and street lighting networks, advocacy testimony on behalf of low income consumers, risk analysis for toll roads, and evaluation of solar and wind projects. He has constructed many advisory analyses for project finance and merger and acquisition transactions. Lastly, our key course expert was formerly Vice President at the First National Bank of Chicago where he directed analysis of energy loans and also created financial modelling techniques used in advisory projects. He received an MBA specializing in econometrics (with honours) from the University of Chicago and a BSc in Finance from the University of Illinois (with highest university honours). POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information about post training coaching support and fees applicable for this. Accreditions And Affliations
UK Sedation & Mellow Dental Presents: The New Starter Sedation Course for Dentists and Dental Nurses With Dr Roy Bennett and Dr Robert Endicott Are you a dentist or Dental Nurse looking to expand your skills and provide a more comfortable experience for your patients? If so, we’ve got the perfect opportunity for you. Introducing our brand-new, comprehensive New Starter Sedation Course. This innovative course is brought to you by two leading names in dental education – UK Sedation and Mellow Dental. Our commitment is to empower you with the skills and confidence to provide effective sedation in your practice. The Starter Sedation Course spans two days, offering a blend of online and face-to-face learning for the best educational experience: 🌐 Day 1 – Online Learning: Dive into the theory of dental sedation from the comfort of your own home. Our expert instructors will guide you through comprehensive video tutorials, live webinars, and interactive quizzes, making learning both easy and engaging! 👥 Day 2 – Face-to-Face Workshop: Put your newfound knowledge into action with a hands-on, practical workshop held at one of our state-of-the-art training facilities. Here, you’ll learn directly from experienced professionals in a safe, supportive environment. Once those two parts are complete, you have all the theory training required to enter the mentoring phase of your training. 🌐 Post course – Exclusive access to our online mentoring and logging programme. You need to carry out at least 20 mentored cases in practice after the course and our programme helps you accomplish this once you have sourced a mentor. We can help you find a mentor with our extensive list, including some of the team at UKSedation. Once at least 20 cases are completed mentored, you are then free to carry out IV Sedation independently. THE FEES WILL BE £1100 FOR DENTISTS AND £550 FOR DENTAL NURSES, INCLUDING ALL RESOURCE MATERIALS. IF BOOKING DENTIST AND NURSE TOGETHER USE PRODUCT CODE “UKSEDATION250” TO GET A £250 DISCOUNT ON THE NURSES TICKET. New course also delegates get access to exclusive offers from dental sedation equipment providers Once mentoring is completed, there is an additional fee of £150 for final certification. Key features of the course: Comprehensive Curriculum: Covering everything from patient assessment, sedation techniques, monitoring, and emergency protocols, our course gives you all the tools you need to safely administer dental sedation. Expert Instruction: Our instructors are experienced sedation practitioners who are passionate about sharing their knowledge. CPD Certified: The course is fully accredited for Continuing Professional Development, providing 14 verifiable sedation CPD hours upon completion. Post-course Support: We’re committed to your ongoing development, offering post-course support and resources to help you apply your new skills confidently in your practice. Mentoring – at UkSedation we can provide the mentors to visit your practice to help you with your required 20 cases (charged separately). We will train you in how to find the patients who would benefit from sedation and to have that discussion with them. Whether you’re a newly qualified dentist or nurse or a seasoned practitioner looking to expand your services, our New Starter Sedation Course is the perfect stepping stone to elevate your practice and help many more patients visit the dentist. Don’t miss out on this fantastic opportunity to enhance your professional skills, deliver better patient care, and grow your practice. Limited spaces are available, so sign up today and take the next step in your dental career with the UK Sedation & Mellow Dental’s New Starter Sedation Course. Course Includes 24 Lessons 14 Quizzes Course Certificate About Instructor Rob Endicott Roy Bennett Dr Roy Bennett is the director of Mellow Dental Training, IACSD accredited trainer and mentor and former director of Portmans Dental Care. Dr Rob Endicott is an IACSD accredited trainer and mentor and is the ViceChair of the ADAS (Association of Dental Anaesthetists and Sedationists)