Innovation Solutions. Company Profile

Transcription

1 Innovation Solutions Company Profile

2 About Us Al Yaquob Associates is a consulting office, founded in 2017, in Al Khobar, Saudi Arabia to offer investment and business consulting, financial advisory services and brokerage solutions. Al Yaquob Associates was formed with a partnership model with international experts in the domains of investment and banking, project development, risk analysis and assessment and high tech innovations. We strive tailor our services to empower investors, project EPC contractors and developers to reach, negotiate, and deliver projects more efficiently and effectively 2

3 The Management Team Dr. Amin Al Yaquob CEO Jaafar Sultan Partner & Senior Advisor Ilene Richman Partner & Senior Advisor 12 years of experience in consulting, project management, and business development across various sectors in Saudi Arabia and Japan. He is known for his activities in renewable energy industry facilitation in the GCC region. Amin is The Former Executive Director of the Saudi Arabia Solar Industries Association, and the CEO of GCC Association for Renewable Energy & Sustainability. He holds PhD in Technology Management and MBA from Doshisha University, Japan. 40 years of experience in private equity, IPO advisory, investment fund management. Currently acts as a senior financial advisor to many of the regional investment funds. He had various executive roles in leading global financial institutions like Credit Suisse, UBS and Orbitex Fund Group. He has successfully managed over US $3.5 billions worth of investment funds and private equity. Holds MBA and Bs in Economics from Hull University, UK. Chairman of Richamn investments. Ilene has more than 40 years of experience in investment banking, securities, bonds, public private partnerships (PPP) and real estates development. Ilene was the CEO of Richman Investments for 27 years. She is active in project finance, and private equity investment for energy, infrastructure and transportation projects in more than 87 countries. She has Bs from Brooklyn University and Master Degree in Education from George Washington University, US. 3

4 The Management Team Tanmaya Mohapatra Senior Manager Ali Al Hubail Senior Manager Co-Founder of Reseapro Pharma, and Global Marketing Association. He has more than 13 years of experience in consultations and advisory services for strategic partnerships between Japanese and international companies, working with global pharmaceutical companies and R&D centres across APAC, Middle East and Europe. He has a Bs in Engineering and MBA from Doshisha University, Japan. 10 years of experience in petrochemical industries working at Kayan SABIC, one of world largest basic industries corporations. He has managed various product lines like polycarbonate, EO/EG, and phenolic. He has exercised various leading roles in financing, sales, business development, financial consulting and auditing. Ali holds a Bs in Accounting from KFUPM, Saudi Arabia. 4

5 Our Services Project finance and Investments We leverage our partnerships with international financing institution, private investors and anchor funds to facilitate the funding for large scale projects around the world. Advisory Services Developing strategies to access new markets, establish partnerships, or acquire strategic projects that support their growth, with rigorous market intelligence and due diligence processes. Project Development Guiding investors to cooperate with world class EPC contractors, developers and manufacturers with decades of successful track records and international experiences. Commodities Brokerage Services Relying on a trusted network of buyers and suppliers for fuel products, metals, and scraps, and we assist our client in their research and due diligence for the right partners. 5

6 Financing and Investment Solutions Utilizing decades of experience in international projects, we can help you developing your projects with the right financing model. Projects We Fund We partner with international anchor funds and private investors to facilitate the funding of large scale projects ($250M and above), that are in their late stage and shovel ready, provided that they are supported by sovereign guarantees. Our funding services includes both private equity investments and financing. In case the projects don t match the criteria of our investment partners, we present them to other investors. Projects We Fund Energy Petrochemicals Infrastructure Transportation Ports (airports, seaports) Manufacturing Mining Healthcare Real Estate 6

7 Our Investments & Financing Criteria Al Yaquob Associates facilitate the investment and finance for large scale projects, provided that they are in the late stage, and ready to be developed (i.e. have acquired all the necessary documents) Project Guarantees We seek3 main types of guarantees for investments a) A sovereign guarantee b) A bank guarantee or a letter of credit, or c) A proof of funds equal to 30% of the required equity v Other forms of guarantees like bonds and guarantees issued by governments, might beconsidered. 7

8 Our Project Pipeline Energy Projects 16 Projects in 8 countries a pipeline of 1,4 GW of energy projects 8

9 Energy Projects Bosnia Financing and development for wind energy project for $92M Romania Private equity for solar energy portfolio for $570M Kazakhstan Portfolio ofsolarproject for $420M India Project finance wind energy project with$180m Mexico Investment gas combined cycle power plant for $74M Nigeria Investment and development of waste to energy projects for $64M Egypt Project finance for wind energyproject with$73m 9

10 Energy Projects Status # Project Size (MW) Energy Source Country Description PPA (USD/ kwh) Term (yrs) IRR (%) Debt/Equit y ratio Project Cost ($M) Investment Raised ($M) Investment Required ($M) Solar Kazakhstan Portfolio of 6 projects, land agreement is place, free access to transmission line, free transmission servicers available, custom tax exemption for first 5 years Solar Romania Portfolio of 5 SPVs, PPA of 130 Euros per MWh with a fixed 2% escalator per year Wind India Premium location, project will be 70% debt financed and offers a projected equity IRR of 16.5% Open 475M 70% (debt) raised equity only Open 520M Still open Entire amount /30 195M 70% (debt) raised 4 50 Wind Bosnia tax exemption for first 5 years Open 92 approx 60% (debt) Solar India Direct project, PPA price is negotiable equity only equity only 10

11 About the Projects Projects 1-4 are well developed and has a complete documentation set. As for now the projects have EPC contractors assigned, and require fund raising only as shown in the table in slide 8. The investment company contributing with funds can decide the EPC contractor of the project. Project 5 is government project, scheduled for tendering. However, stakeholders are open for unsolicited proposals. Project Documentations Each project has the well structured documentations as follow: Signed PPA Grid Connection Approvals Building and Construction Permits (Electrical, Geotechnical, Environmental, etc) Land Agreements and Drawings Business Plan and Feasibility studies 11

12 Our Project Pipeline Mining & Industrial Manufacturing Projects 3 mines in Brazil & Kazakhstan worth $700M 12

13 Mining & Manufacturing Projects Algeria Renewable energy fab for $270M Kazakhstan Mine development project worth $650M Brazil Mine expansion projects for $50M Saudi Arabia Coating materials factory for $15M 13

14 Mining Projects Status # Product Country Description IRR (%) Debt/Equity ratio Project Cost ($M) Investment Raised ($M) Investment Required ($M) 1 Coke coal Kazakhstan Coking coal mine (used in metallurgy). Covering area 50 km 2. Mine is located next to the largest metal smelting industry. Resource: 300 Mt, designed for 3-4 Mt/a. Service life 40 years. Access to railway. Access to 35kV and 6kV transmission lines Closed % (debt) can be arranged via commercial banks equity only 14

15 Investment & Financing Approach : Q&A 1) What are the conditions for funding by Al Yaquob Associates? We mainly target projects that are ready to be developed and that are supported by guarantees. We seek 3 main types of guarantees for investments a) sovereign guarantee b) bank guarantee or a letter of credit and c) a proof of funds equal to 30% of the required equity, however we also accept government bonds or other guarantees issued by governments. 2) What is size of funding? Ideally $250M or above, but the minimum size can as low as $10 M. 3) What is the interest on loan per year? 3-6% based on the credit of the bank or sovereign guarantor. Excellent creditrating could mean a rate even lower than 3%. Unrated banks are not accepted. Also, we could take equity for some portion, which obviously does not require repayment. 4) Is business plan required to be submitted for loan? We have a preference for projects that have feasibility studies conducted by independent consulting companies. 5) Would hidden or other charges be paid before the loan grant or after the successful request is made? No money is due at any time. The guarantee is all that is needed. Once that is received, the funding is disbursed to the project according to a funding schedule. 6) What is the minimum and maximum duration of loan? No minimum. Shorter is always better. 20 years could be maximum, but it is taken case-by-case on the construction schedule and credit of the guarantor. 7) Other important information? Closing can happen within 2 weeks if the client has all documents in order and has the guarantee. Everything is done via SWIFT, which means it is very quick and both sides are protected. Pre-advise messages (no risk or commitment) are exchanged between our bank and the bank issuing the guarantee. We believe that with this way both sides know the other is real, before the actual guarantee is sent. 15

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