News 2007
- 12-2007 Vair Advises Gualcolda on USD 260 Million Financing
- 09-2007 World Bank/IFC selects Vair Training for two-year Contract
- 03-2007 Thunderbird to run Vair Training course each semester
- 02-2007 Nord LB retains Vair Advisory
- 01-2007 Vair continues Advisory Mandate with the Northwest Territory
- 01-2007 Vair announces 2007 Training Schedule
VAIR ADVISES GUALCOLDA ON USD 260 MILLION FINANCING
12-2007
Vair has assisted Empresa Electrica Guacolda a second time in as many years with their non-recourse financing of Unit #4. Lead arrangers were Calyon, Scotia and Corpbanca. As with Guacolda's 2006 Unit #3 USD 390 million financing, Vair advised Guacolda by creating the financial model, information memorandum and serving as an integral part of the credit facility negotiation. Electrica Guacolda's main activity is to provide Electrical Energy to the Interconnected Central System (SIC) by using two Units of 152 MW each, for a total gross power of 304 MW. Units 3 and 4 are currently in the construction phases.
WORLD BANK/IFC SELECTS VAIR TRAINING FOR TWO-YEAR CONTRACT
09-2007
The International Finance Corporation (IFC) of The World Bank selects Vair Training for a two-year contract to conduct various financial modeling and analysis course modules. Vair was chosen as the preferred vendor in a competitive process that included a host of international training firms. Vair has already performed a session during IFC's 6-week Credit Training Course, where we received the highest delegate evaluation scores and received the most votes for "best overall instruction". The IFC is a member of the World Bank Group, providing loans, equity, structured finance, risk-management products, and advisory services to help build the private sector in developing countries.
THUNDERBIRD TO RUN VAIR TRAINING COURSE EACH SEMESTER
03-2007
Thunderbird School of Global Management has hired Vair Training to run a cash-flow modeling and valuation course each semester for 2007. The first course will begin this April.
Founded in 1946, Thunderbird is the oldest graduate management school focused exclusively on global business. Regarded as a world leading institution in the education of global managers, the curriculum is based on the principle that to do business on a global scale, executives must not only know the intricacies of business, but also understand the customs of other countries and be able to communicate with different cultures. Worldwide, 35,500 Thunderbird alumni live and work in more than 140 countries.
NORD LB RETAINS VAIR ADVISORY
02-2007
Today Vair Advisory announced that the Structured Finance Group of Norddeutshe Landesbank, (Nord/LB) in New York City has placed Vair on a continuing retainer to assist with infrastructure valuations and structuring. As an international commercial bank, NORD/LB maintains a presence in all the major financial and trading centers, including London, Singapore and New York. It has representations and service offices worldwide and a network of more than 1,500 correspondent banks. Twice in 2006, Nord/LB retained Vair Training to run financial analysis and project finance modeling seminars in-house.
Vair Advisory is part of The Vair Companies and provides project development and financial services for private companies, financing institutions, or governments contemplating international infrastructure and asset development projects.
VAIR CONTINUES ADVISORY MANDATE WITH THE NORTHWEST TERRITORY
01-2007
Vair Advisory has renewed a third contract with the Northwest Territories Energy Corporation(NWTEC) to serve in an advisory role in the development of the Talston hydro generation facility. Vair Advisory is part of The Vair Companies and provides project development and financial services for private companies, financing institutions, or governments contemplating international infrastructure and asset development projects.
VAIR ANNOUNCES 2007 TRAINING SCHEDULE
01-2007
Vair Training, LLC has announced its 2007 schedule that will include its Module I and Module II training courses that match technical Excel skills with financial analysis and real world scenarios. Vair Training continues to be committed to its training philosophy of "negotiating off the model." With an emphasis in project finance, delegates will be taught the same techniques and analysis that Vair uses for its consulting and advisory clients. A method that has assisted many infrastructure sponsors and banks to close on billions of dollars in assets and financings.
