As the energy landscape undergoes a radical transformation, investors are seizing the opportunity to tap into more diverse revenue streams at both project and platform levels.

We delve into the recent shift from traditional project-level investments to sophisticated platform-level ventures, exploring how investors seek to capitalise on new technologies and growth opportunities in the energy transition. With developers venturing into multiple elements, such as O&M and manufacturing of components, they present an attractive option for investors looking to diversify.

Our esteemed panel of industry experts dissects the complexities and challenges associated with valuing and modelling these platforms, unveiling invaluable insights into development milestones, sum-of-the-parts valuation methodologies, investor sentiment, and sector-specific trends.

Discussion points:

– Attractiveness of different types of platform compared to single assets
– How to value a diversified development pipeline (milestones; probabilities; success factors etc.)
– Regularity and granularity of model assumption updates and benchmarks
– How to ascribe value to a platform premium or unidentified pipeline
– Current market appetite and impact of trump administration on platform valuations and modelling
– How to consider top-level platform value alongside a sum-of-the-parts valuation
– Value creation strategies for a platform and approaches to exit valuations

Speakers:

– Tristan Rawcliffe, Valuations Manager, Grant Thornton
– Dominique Lim, Senior Portfolio Manager & Co-Product Head, Retail Funds, Octopus Energy Generation
– Jemma Sherman, Director, Portfolio Management, Foresight Group
– Callum White, Portfolio Manager, Sustainable Development Capital (SDCL)