NON-CONFIDENTIAL 1 2 NS Power manages the regulated common equity percentages within the UARB 3 approved band. The equity percentage can fluctuate within this band based on the 4 financing needs of the Company and the timing of financing e...
AI summary NS Power manages the regulated common equity percentages within the UARB approved band, which can fluctuate based on the Company's financing needs and the timing of financing events.
- Introduction and purpose - EfficiencyOne has requested that we prepare an independent report ("Report") regarding Financing - Demand Side Management ("DSM"). More specifically, EfficiencyOne has asked us to: - 1 Estimate the cost of fina...
AI summary EfficiencyOne has requested an independent report from Grant Thornton LLP on financing Demand Side Management (DSM) activities, including cost estimation, financing alternatives, and timelines. The report is intended for use by EfficiencyOne and prepared by qualified professionals under the Nova Scotia Utility and Review Board's approved contract with Nova Scotia Power.
onstrated capacity to fund the annual required payments to EfficiencyOne should an - external debt structure be pursued. - Key risk areas identified by the lending community included (i) the risk of investment overspending - by EfficiencyO...
AI summary The text outlines risks associated with financing EfficiencyOne through external debt. Key risks include overspending, failure to meet energy efficiency targets impacting NSPI's funding obligations, and potential non-payment by NSPI if the franchise agreement is revoked or DSM Plans are not approved by UARB.
Proposed financing process and timeline - We propose the following next steps and associated timeline in support of securing long term - financing: - a EfficiencyOne to discuss Report findings with their internal Finance Committee, NSPI an...
AI summary The proposed financing process includes discussions with stakeholders, preparation of a financing package, confirmation of potential lenders, and presentation of the package. Key steps are outlined with associated timelines, beginning in Fall 2015.
- Timing: Weeks 3 & 4 141 e Negotiation of non-binding term sheets with potential lenders. 142 Timing: Weeks 7 & 8 143 f Closing of the financing transaction. 144 Timing: Weeks 9 through 12 145 We estimate the financing process would take...
AI summary The document outlines the timeline for a financing process, including negotiations with lenders and the closing of the transaction, which is expected to take approximately 12 weeks to complete before the 2016 funding date. It also mentions a summary overview of Demand Side Management (DSM) in Nova Scotia.
Potential financing alternatives and cost 413 Overview 414 Investments in energy efficiency produce savings that last many years after the initial investment. For 415 example, investments in electricity efficiency made in the 2016 to 2018...
AI summary The document discusses NSPI's approach to recovering costs from ratepayers for energy efficiency investments over time, aligning with long-term benefits. It explores whether EfficiencyOne can secure lower financing costs than NSPI's WACC (7.78% pre-tax, 6.49% after-tax). Grant Thornton conducted preliminary market research with potential lenders to assess financing options for EfficiencyOne's energy efficiency initiatives.
513 The main advantages and disadvantages of each are further summarized below: Term loan Revolving funding Advantages Lower (or no) stand-by fees Lower arrangement and Reduced refinancing risk - upfront approval for entire 3 year DSM Plan...
AI summary This section compares the advantages and disadvantages of term loans and revolving funding, focusing on fees and risks associated with each. It highlights factors such as stand-by fees, arrangement fees, refinancing risks, and the impact of the DSM Plan on these financial instruments.
Proposed financing process and timeline 608 609 financing. We propose the following next steps and associated timeline in support of securing long term 610 Next steps and timing 611 a EfficiencyOne to discuss Report findings with their int...
AI summary The proposed financing process outlines steps for EfficiencyOne to secure long-term financing, including discussions with stakeholders, preparation of a financing package, lender confirmation, presentations, negotiation of term sheets, and closing the transaction. The process is estimated to take 12 weeks, ensuring completion by January 1, 2016.
EfficiencyOne - potential lenders listing Pension funds Short description RBC Capital Markets RBC Capital Markets LLC offers corporate and investment banking services to corporations, governments, and institutions. The firm's services incl...
AI summary The document lists potential lenders for EfficiencyOne, with a focus on RBC Capital Markets, which provides a wide range of financial services including corporate and investment banking, structured finance, and asset securitization. The firm operates globally with offices in multiple countries.
Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →