Management

Marc Goldstein

Managing Director
Projects Committee(Chair); Adjudication Committee

Mr Goldstein is the founder and Managing Director of Africa Energy Projects. He chairs the Project Adjudication committee and sits on the Advisory Committee for the AEP fund.

Over the past twenty years, he has worked across Europe, Sub-Saharan Africa, the Middle East, CIS and Asia. Before starting AEP, Mr Goldstein worked as an independent energy consultant. His clients included government ministries, regulators, utilities and large power producers and consumers. AEP is the natural progression of his passion for both energy and Africa.

His previous consulting assignments include energy market analysis and design, demand forecasting, economic and financial analysis of energy supply options, tariffs and energy pricing issues, EROI and net energy analysis; sustainability strategies, coal mine viability and infrastructure strategies, socio-economic impact analysis, power plant commercial due diligence, integrated resource planning, electricity security supply studies, sector viability analysis, policy guidance and reform strategy, power project investment.

Maree Roos

Director : Projects
Projects Committee

Mr Roos is a co-founder and Projects Director for Africa Energy Projects.

He has more than 20 years’ experience in the electricity industry. He has worked on assignments throughout Africa and in the Far East. Most of his consulting projects are for ministries, regulators, utilities and large power producers and consumers.

His assignments to date include: electricity policy development, design of electricity pricing methodologies, electricity tariff design, development of electricity connection framework, power purchase agreements, power sales agreements, development of electricity trading strategies, development of generation expansion plans, generation investment models, power station costing models, electricity market design including multi markets, single-buyer markets, regional electricity trading markets and renewable energy markets.

Tore Horvei

Director : Transaction Advisory
Projects Committee

Mr Horvei is a co-founder of Africa Energy Projects and leads the Transaction advisory Services.

He has more than twenty years experience with electricity and energy sector developments in Southern Africa and the Africa continent and is currently a key advisor of EdM the Mozambican electricity utility.

Mr Horvei has been a Principal advisor on private power developments (generation and transmission) based on non-recourse project financing in Mozambique, Botswana, Angola and the wider Southern Africa region.

He has also been a project manager for a large number of assignments for regional governments, energy utilities, the Southern African Power Pool (SAPP), large electricity and energy users, private power developers, private investors and financiers involved with energy developments throughout Southern Africa, including multi-lateral and bilateral development financing institutions as well as commercial banks.

Francois Viljoen

Director : Finance & Capital Raising
Projects Committee

Mr Viljoen is a co-founder of Africa Energy Projects and leads the Finance and Capital Raising team.

He is a Director at Cresco Project Finance where he is providing a number of clients with Financial Advisory and Transactional Advisory services in the power and related sectors across Africa. Projects utilising a number of technologies including, Coal fired, Gas fired, Hydro, Wind, Solar and Co generation form part of the project portfolio he has worked on recently. Other projects include the investigation of power wheeling opportunities both in South Africa and cross border.

His experience also includes the regulatory and licensing environment in Southern African Development Community

Karl Lawrenz

Director : Projects
Projects Committee

Karl Lawrenz is a co-founder of AEP and is jointly responsible for direction of the AEP project portfolio.

He has more than 20 years’ experience in the electricity industry. He has worked on assignments throughout Africa and in the Far East. Most of his consulting projects are for ministries, regulators, utilities and large power producers and consumers. His assignments to date include: bankable feasibility studies in conventional and renewable power, power purchase agreement (PPA) development, regulatory and other permits, authorizations and approvals, integrated resource planning, wholesale market rules and tariff methodologies, electricity security supply studies, sector viability analysis, policy guidance and reform strategy, power project investment and pricing models, independent power and renewable energy strategies, electricity market models and restructuring, electricity wheeling arrangements and pricing, ancillary power agreement formulation, coal fired power plant business case development, electricity pricing studies, cost of supply assessments and tariff design, off-grid electrification strategies.

Legal & Regulatory

Gibbs Johnson

Legal & Commercial Agreements Advisor

Mr Johnson is AEPs head of Commercial Agreements and is a key member of the Transaction Advisory team. He has a JD from Harvard Law and since 2007 has worked on various energy projects across Southern Africa. He currently has a strategic advisory mandate with Electricidade de Mocambique (EDM) in relation to (inter alia) the development of IPP initiatives in Mozambique. His primary focus is in reviewing and advising on draft documentation in relation to IPP initiatives, drafting of project agreement and assisting in negotiations with EDM’s counterparties, and assisting in the preparation and presentation of training programs for EDM executives and staff covering principles of project finance.

Prior to his work in Mozambique, Mr Johnson worked with SunEdison, CICEnergy Corporation and Clifford Chance as an associate with their Energy and Infrastructure Group. He has assistd in bringing infrastructure projects to financial close in Senegal, Turkey, Panama, Kenya, DRC, Nigeria, Saudi Arabia, Algeria and Serbia.

Les Kugel

Regulatory and Policy Advisor

Mr Kugel specialises in legal and regulatory issues, project implementation and governance issues in energy-related matters.
Clients include national governments, municipalities and power utilities, large energy users, fuel suppliers, development agencies, investors and power project developers.

Mr Kugel’s work in energy related projects includes transaction advice and drafting, negotiation and conclusion of Framework Agreement (pre-concession) between client and Government of Mozambique for a coal fired IPP in central Mozambique; Legal and Regulatory Advisor on Norconsult led Project to assist SAPP with the establishment of the ZIZABONA transmission infrastructure between Zimbabwe, Zambia, Botswana and Namibia (the ZIZABONA Project); Drafting of Heads of Interconnection Agreements, Wheeling Agreements and O&M Agreements for KETRACO, the newly established Kenya transmission company; assistance to Lesotho Electricity Company (LEC) in drafting and negotiating renewable energy (wind) PPA and Connection Agreements.

He has worked in Angola, Botswana, Ethiopia, Kenya, Lesotho, Mozambique, Namibia, Rwanda, South Africa, Swaziland, Uganda, Zambia, Zimbabwe.

Finance & Economics

Robert Futter

Financial Advisor

Rob has worked for CRESCO PROJECT FINANCE for the past 7 years across industries but strong focus on power, mining and infrastructure. He focusses particularly on financial modelling and finance structuring for cross border opportunities. He is a qualified Chartered Accountant who has focused on project finance in Sub Saharan Africa for the past 8 years, with an additionally 6 years’ experience in the UK / European market in similar areas. He has extensive financial modelling experience across various industries. Strategic business development services for start-up and technology entities. He is experienced as project and company turnaround specialist.

Conrad Hefer

Financial Advisor

Conrad is a multi-skilled project financier with 17 years’ experience. His strengths are in analysing commercial issues and the impact on the project structuring. He also has strong skills in treasury functions, specifically in considering the impact of currency hedges and other instruments in mitigating on-going local currency deterioration, which is an identified risk in the project. Active as consultant, advisor and dealmaker in the project finance and structured finance market which also involves advising clients on utilizing ECA and credit insurance products. He is experienced in beneficiation, mining, agriculture, tourism and infrastructure projects and has back office experience including post closure support of transactions

Stefan Regardh

Power Economist & Financial Advisor

Mr Regardh has more than 30 years of consulting, financial, commercial and management experience from electricity and gas industries in Southern Africa (20 years) and Sweden, also combining financial and commercial background with an all-round technical knowledge.

He has worked with private and public sector clients on energy project analysis, development and acquisitions, including power generation and transmission, off-grid solutions, energy price modelling and tariff analysis, and electricity industry reform and restructuring. He has extensive experience in the development of gas transport and downstream commercial Coal Bed Methane (CBM) applications, primarily power generation. Mr Regardh’s specialties include 3rd party network charges modelling and power plant financial analysis.

He has worked on electricity sector projects across the Southern Africa region, including Kenya, Tanzania, Mozambique, Botswana, Zimbabwe and Angola.

Transmission & Network Integration

Machiel Coetzee

Transmission Integration & Power Evacuation Advisor

Mr Coetzee has extensive knowledge in electrical engineering and specialises in power system modelling, transmission expansion planning and power system operations. He provide technical advisory services to development projects relating to the transmission planning, system operations and the transmission related issues in general.

He worked in Eskom for 15 years having had the responsibility to interface with all SAPP technical related issues. Currently Mr Coetzee is actively involved with multiple power generation integration studies in Mozambique, acting as technical advisor, consultant, and facilitator and provides training in the process to EdM, STE and Motraco. His knowledge includes the inter-utility operations of transmission interconnections from a planning and operational perspective.

Mr Coetzee has worked on numerous projects in the Southern African Region as well as other countries including the Philippines, Mozambique, Zambia, India, United Kingdom, Malaysia and Nigeria.

Sarica Swart

Transmission Planning Advisor

Mrs Swart worked in Eskom for 15 years having had the responsibility as chief engineer in technical related issues. She spent 5 years as Engineering Consultant to support utilities in transmission planning projects between 2006 and 2013. She facilitates on-going training in the System Planning field to other utilities such as Motraco, BPC and EdM.

She is currently actively involved in Mozambique with multiple power generation integration studies in Mozambique, acting as technical advisor, consultant, to EdM, STE, HCB and Motraco. Her knowledge includes the inter-utility operations of transmission interconnections from a planning perspective.

Mrs Swart has worked in South Africa, Philippines, Mozambique, Zambia, United Kingdom and Malaysia.

Technical

Mike Page

Project Management & Technical Advisor

MA Chartered Engineer with postgraduate management qualifications, professional and senior management experience from electricity utility environments. A versatile manager used to working in multi-cultural environments, with a strong record of achievement in international consulting and project development. Proven commercial, technical and negotiating skills developed through working in multi-disciplinary teams on several large power generation and distribution projects. Experienced in strategic business development, government reforms and regulation, infrastructure planning, environmental regulations and impact assessments and project management.

Extensive experience of electricity industry privatisations, has worked with governments and industry regulators on development and implementation plans. Involved in the full project development life cycle from inception through to financial close as a Project Manager during the first phase of Independent Power Projects (IPPs) using combined cycle gas turbines and clean coal technology to be built from 1987 to 1993 in the UK and subsequently in the development of IPPs in southern Africa.

Mr Page has worked on power projects across Australia, Botswana, Bangladesh, China, France, Hungary, India, Lesotho, Malaysia, Mauritius, South Africa, Spain, Tanzania, Uganda, United Kingdom, United States and Zambia.

Contracts, Estimation & Construction Management

Dave Owen

Contracts, Estimation and Construction Management Advisor

Over more then 30 years, Mr Owen has worked on and delivered major infrastructure projects across Africa. His key skills include evaluation of major project structuring, contract formulation, commercial due diligence, capital cost review, risk analysis and project implementation recommendations for various projects, the provision of contract negotiation services as well as the provison of contract execution executive oversight during the implementation phase of the project.

Mr Owen’s immense experience and expertise spans the negotiation, placement and execution of all contracts for various power plant configurations in a number of countries in Africa. Recent and past projects include provision of contracting advisory services for a head of mine power plant, open cast coal mine and related infrastructure, fertilizer plant project structuring and risk review, The accommodation and service module fabrication and construction for the offshore platform for EMSO, the construction of the onshore refinery for MOSSREF, The construction of an Ammonia Plant for UHDE at SASOL and the construction of an Ethylene Plant for LINDE at SASOL.