Andy Tant

Financial Modelling

About Him

Andy leads the Cresco financial modelling team, and also provides transactional advisory services to clients. Financial modelling services recently provided include mining, power generation facilities of a wide variety of technologies, infrastructure, agriculture, water and rail projects (freight and commuter), at a detailed level. Andy also has experience in building user-friendly models designed to be run by clients, as well as consolidation and aggregation models that reflect multi-business organizations at different levels of detail. Advisory services recently provided include assistance in the procurement and adjudication of power bidders for a number of projects for various private off-takers, assessment of potential Sub-Saharan project portfolios for European investors, Industry level economic cost-benefit analysis for co-generation, Due Diligence and valuation of assets for investors, energy project bid assistance and successful management of Conditions Precedent to Financial Close.

Key Competencies
Financial modelling of projects and portfolios across many sectors at a level of detail suitable for fund- raising (including consolidation models), energy procurement planning and management of procurement processes, due diligence / valuations, and bidding of projects into procurement programmes.
Education and Qualifications
 
BA Combined Joint Honours: History and International Relations Lancaster University (UK) 1997
 
Experience
 
Senior Associate
Cresco Group
 
Core industry experience:
 
• Energy
• Mining
• Rail
• Water & Other Infrastructure
• Agriculture
 
Countries of experience:
 
Worked in over 12 Sub Saharan Africa countries over the past 8 years. Top 5 recent countries in past 5 years:
• Côte D’Ivoire
• Tanzania
• Malawi
• South Africa
• Swaziland
 
Current and Recent Projects:
  Financial Modeller and / or Advisor for, inter alia, the following assignments:
• Energy:
o 700MW Coal-Fired Power Station in Côte d’Ivoire for Snedai Groupe – Financial Modeller
o Solar IPP Procurement for Anglo American Platinum – Transaction Advisor & Financial Modeller
o Various diesel / HFO and solar hybrid IPP projects for Ignite Energy – Financial Modelling and advisory
o Financial model of 400 kV transmission line for ZETDC
o REIPP Round 4.5 – a number of Solar PV and Wind financial models for SunEdison
o HFO financial model for Nampower 250 MW bid
o SPIPP Stage 2 financial models and bid advisory to 8 projects for Keren Energy
o Procurement of power & adjudication of power project bidders for AngloGold Ashanti, including off-grid and solar / thermal hybrid plants Transaction Advisor & Financial Modelling (including drafting RfP documentation and managing the RfP process)
o Valuation of hydro asset (with own grid) for Exenergia (Financial Modelling)
o Due Diligence, Valuation and financial advisory to Randvest for acquisition of solar assets
o Financial model review for Harith
o Dept of Energy Cogen IPP programme analysis for a number of clients
o SASA Industry level financial and economic cost-benefit analysis model (comparing energy generation technologies)
o DEG Sub-Saharan Africa Renewable Energy project identification and assessment (financial analysis)
o 5 x Hydro Power Plant financial models for Nepsa
o General Bid Advisory for 7 Projects in the REIPP Small Projects Stage 1 Window 1
o Bid Compliance and Bid Management for Foster Wheeler for a REIPP window 3 bid
o Financial modelling and bid compliance for Windlab for a REIPP window 3 bid
o LFG Bid Compliance and associated advisory for ENER-G Systems
o Project Management of Conditions Precedent to Financial Close for the Amakhala Emoyeni project (REIPP Window 2)
o Bid compliance and associated advisory services to Cennergi for three Wind projects and two Solar PV projects as part of the South African DoE REIPP procurement programme (Window 2)
o Cogen IPP financial modelling for Mondi
o Bid Readiness due diligences for a variety of REIPP projects
o Pre-Feasibility level financial modelling for various power projects: Biomass, Biogas
o Financial modelling for Illovo in preparation for a biomass CoGen IPP bid, included modelling interactions between the host plant and the Power SPV, and impacts on 3rd party growers
o Financial modelling for Eskom (as sub-contractor to Rothschild) on a portfolio of financial models covering energy (of six different technologies) and coal mining
 
 Mining:
 
o Diamond Mine Expansion for Fluor
o Process plant Financial Model Reviews for Fraser Alexander and ELB
o Coal mining and Mouth-of-Mine coal-fired power plant financial models for Shumba Energy
o Graphite Mine Financial Model for DRA
o Uranium mine model as part of due diligence for PIC
o Coal Mine Offtake – Structure & Pricing Model for Eskom
 
  Water & Other Infrastructure:
o Financial model for private freight railway to service the Zambian copperbelt mines for WBHO
o Toll road financial model for Royal Haskoning DHV
o Commuter Rail network financial model for GIBB
o Dedicated general freight rail financial model (covering the network impact) for Transnet
o A number of Water treatment facility models for Murray & Roberts
o Water pipeline model for Bigen (public sector with potential private sector participation)
o Financial model for Dark Fibre Africa for an open-access fibre optic network expansion
 
  Agriculture:
o Egg Farm financial modelling for Randvest
o Review of Community Farming agriculture and forestry projects for Eastern Cape Rural Development Agency
o Agriculture project model review for Afgri
o Assessment of various projects for Moumo Integrated Development
 
  Consolidation financial modelling:
o Aggregation and re-forecasting model for Royal Bafokeng Holdings / PIC / Tirisano
o Financial modeling for Cennergi of a consolidated corporate financial model, including modeling multiple individual Projects, and Cennergi as an investment and management company

Contact Details

TEL: +256 (0) 991 388 779
EMAIL: info@sycamorecredit.com
LOCATION: Blantyre, Malawi