IPP REFINANCING - Guidance Note 3
Published on: 17 September 2020
The Department of Energy issued the Refinancing Protocol dated June 2020.
The Department Issued Guidance Note 1 dated 23 July 2020 and Guidance Note 2 dated 19 August 2020.
The purpose of this Guidance Note is to provide guidance to IPPs in respect of the timing of secondary transactions in relation to the utilisation of the new Equity IRR as the reference rate for the calculation of the Refinance Gain, and to provide IPPs with clarification pertaining to the “Base Case Equity IRR” as defined in Clause 4.1.1 (b) in the Protocol.
IPP REFINANCING - Guidance Note 2
Published on: 25 August 2020
The Department of Energy issued the Refinancing Protocol dated June 2020. The Department Issued Guidance Note 1 dated 23 July 2020.
This Guidance Note is issued to provide guidance to IPPs in respect of (i) the model audit letter, and (ii) allowed changes/updates from the Financial Close Model to the pre-Refinance Model and from the pre-Refinance Model to the post-Refinance Model.
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REQUEST FOR QUALIFICATION AND PROPOSALS (RFP) FOR THE NEW GENERATION CAPACITY UNDER THE RISK MITIGATION INDEPENDENT POWER PRODUCER PROCUREMENT PROGRAMME
Published on: 23 August 2020
Tender no: DMRE001/2020/21
The Department of Mineral Resources and Energy formally invites interested parties to register prospective bids under the Risk Mitigation IPP Procurement Programme.
IPP REFINANCING - Guidance Note 1
Published on: 27 July 2020
The Department of Mineral Resources and Energy issued the Refinancing Protocol dated June 2020 (“the Protocol”). This Guidance Note is issued to clarify/amend certain provisions of the Protocol. Unless otherwise expressly stated, or the context otherwise requires, words and expressions defined in the Protocol shall bear the same meanings in this Guidance Note.
IPP REFINANCING PROTOCOL
Published on: 09 July 2020
The Department has received and expects to continue to receive requests from Sellers to change their financing arrangements after financial close. This Protocol will assist Sellers to deal with such Refinancing Notices and provide Sellers with a transparent guideline which will apply to the IPP programmes.