Renewable Energy Investor Forum (REIF) is a unique, member-driven venue for those interested or involved in investing and fundraising for renewable energy projects. See What We Do for our direct services.
Our mission is to accelerate the growth and sustainable development of the Renewable Energy industry through collaboration, collecting and disseminating knowledge of best practices, building the sector’s private investment capacity and profitability, education and facilitation along the value chain.
Strategy: REIF enables its members to make renewables investments and to influence others to do the same via face-to-face meetings, focus groups and web-based conferences.
We focus on the following arenas:
Renewable Energy: solar, wind, small hydro, and geothermal; renewable fuels (renewable or biodiesel and ethanol, A-1 Jet fuel, gasoline, etc.); waste conversion (pyrolysis and gasification, methane capture/biogas via anaerobic digestion; combined heat and power (CHP), process heat, waste-to-value (biomaterials, biochar, biopolymers, or green chemicals); water-related solutions such as wave and tidal power, municipal water. Also, energy storage and efficiency.
Some projects use a “biorefinery” approach combining food, energy, water, and materials. Together, these “renewables” help us diversify feedstocks, decreasing dependence on fossil petroleum, reducing carbon displacement, preparing a clean energy future.
Project Finance: Reviewing and developing investments in specific projects, in contrast to investments in technology ventures or startup technology companies.* (see note, below)
Learning Opportunities/Workshops: How to structure and pitch deals, how to originate and de-risk projects, innovation case studies, understanding renewables markets and their drivers, contracts and incentives (such as power purchase agreements or feed-in tariffs), key financial metrics for equity vs. debt financing, industry-standards for ratios & net margins, sample termsheets, pitch practice (such as dealing with diverse investor questions), and more. Add to Lessons Learned.
Structuring Transactions: Developing renewables project investment criteria and deal structures, such as senior or subordinated debt, revenue contracts, joint venture partnerships, public-private partnerships, lease structures, and in developing and emerging markets, these structures are often combined with various types of insurance (e.g., performance wraps, or political risk insurance) and loan guarantees.
* What’s the difference between venture and project finance? Fundamentally, projects use proven, off-the-shelf technologies.
Read technical article on this, our RE project finance whitepaper (PDF) or see current investment criteria for further background and assumptions.