AFCEF Awards Made in Singapore

As a culmination of the AFCEF, 11 selected finalists and 10 semi-finalists gathered in Singapore on 3rd and 4th March. On the second day, in front of a panel of five judges and a group of nearly 100 potential investors, the 11 finalists each had the opportunity to present their business case and then answer a number of questions from the panel.

At the end of the day of presentations the CTI Clean Energy Financing Award went to the Spring Team’s Integrated biogas to Energy and Bio-compost Facility as presented by Alan Dale Gonzales with the ACD Team’s Asia Clean Diesel Project and Advon Singapore’s Adsorption Desalination System – Desaulle taking second and third places respectively.  Our congratulations to the winners and all the teams who participated.

The Forum was seen by competitors, finalists, judges and investors to have been a particularly successful initiative providing a unique opportunity for all.

The organisers would like to express their thanks to the 46 qualifying teams for their participation and considerable efforts in developing high quality executive summaries; to the finalists who worked long and hard with their coaches to finalise their business plans leading to the presentations in Singapore; to the coaches for their support and contributions and to the judges for what all agreed were fair and balanced evaluations of the presentations.

If you are interested to follow up on the Forum, have comments or suggestions on its structure or content and would like to be kept informed about CTI PFAN activities in the region, please contact Taiki Kuroda at  

Several of the organisers are actively involved in the clean energy sector and would be pleased to work with you in developing your business opportunities and as appropriate, assisting in identifying and accessing financing. Feel free to contact them directly if you have any enquires. Their contact details are given under Organisers.

AFCEF Key Learning Points

Over and above the provided guidelines, project developers are advised to pay particular attention to address and include the following key areas in their business plans and presentations (in no particular order):

• Information and data on how the project development has been funded to date and by whom (including contribution of “sweat capital” if appropriate). Specifically investors want to see that the project developers are financially committed to their ideas.
• Scenario / stress analyses which are focused closely on the possible effects of the major identified project risk(s) not generalised, global risks (ie 5 % reduction in turnover unless this is the major specific project risk. There needs to be a qualitative assessment of risks: natural, political, financial, technical, human (loss of key personnel), etc. Where the qualitative risk can reasonably be translated into quantitative terms, it is appropriate to develop alternative scenarios based on them. However, the scenarios should not be offered in lieu of risk analysis.
• The “numbers”: required investment amounts for what share of the business; payback period & returns; underlying assumptions. These should be introduced into the BP and the PPT at an early stage to grab the attention and make it clear what segment of the investor audience is being addressed.
• Analysis of the competition and key competitive threats. It is important to demonstrate that you are aware of where the competitive and technology threats to your business plan lie – through new technology developments, entrenched interests, economic changes which may impact your model negatively / benefit a competitor.
• Show that you understand the dynamics of the economic / commercial environment in which you are positioning your project – its key drivers and players and your respective strengths and weaknesses.
• Current development status of your project and where it is on the development path. What has been done and achieved (agreements already in place), what still remains to be achieved before implementation?
• Clear and full overview of what the requested investment funds will be used for. Provision of a source and applications of funds can be very useful in this respect.
• Macro picture/framework in which the investment takes place (external policies or factors affecting the investment environment)
• Keep the technology simple. The proposal should be clear about what is to be offered, and demonstrate briefly that the technology being proposed is proven or independently validated.

 

Organized by

Climate Technology Initiative (CTI) http://www.climatetech.net Taiki Kuroda CTI Programme Secretariat	PPL International http://www.ppl-int.com Peter Storey CTI PFAN Global Coordinator Director, PPL International	International Center for Environmental Technology Transfer (ICETT) http://www.icett.or.jp Akiko Asano Manager
ReEx Capital Asia http://www.reexasia.com Mike Allen Chairman Frédéric Crampé Managing Director	Sustainable Energy Association of Singapore (SEAS) http://www.seas.org.sg Joann NG Training Manager	USAID ECO-Asia Clean Development & Climate Program (ECO-Asia) http://www.usaid.eco-asia.org http://www.cleanenergyasia.net Suneel Parasnis USAID Contractor Team Leader-Clean Energy Finance

 

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