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in Practice Forum - GLC Europevideo.glceurope.com/presi/refip5/5th_renewable_info.pdf · Jérôme Gautrais. Investment Director . Glennmont Partners United kingdom. Florent del Picchia

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www.glceurope.com | [email protected] | + 36 1 848 0515

www.glceurope.com

20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

Event Sponsors

• Learn about the current European renewable

energy market

• Gain an insight into the emerging storage projects

• Find out the newest alternative financing tools

• Discover best practices in the field of offshore wind

projects

• Investigate if Crowd Funding can be applied successfully

• Hear more about support tendering

Key Takeaways

Among the Speakers

Raphael LanceHead of Renewable Energy fundsMirova Natixis Asset ManagementFrance

Zulandi Van Der WesthuizenDeputy Director, Scenarios & Resources World Energy Council United Kingdom

François Van LeeuwCo-CEO ParkwindBelgium

Hans-Christian SchulzeBusiness Development and Country Manager USEolus Vind The United States of America

Dr Andreas Schröter Executive Vice President & Regional Manager Central Europe & Mediterranean DNV GL - Energy Germany

REFIP 5.0

5th Annual Renewable Energy Finance in Practice Forum

INTECH is a global leading provider of independent insuranceconsulting services.INTECH does not sell insurance nor it’s affiliated with any insurance company or brokerage.INTECH’s advisors guide all key stakeholders of a project through the due diligence phase of a transaction into the procurement and implementation of each element of their risk management strategy. We’ve been involved in the analysis, design, development, implementation and management of large insurance programs for infrastructure and power projects in the Americas and Europe in multiple sectors, including but not limited to, Social Infrastructure, Energy, Renewables, Roads, and Transportation.

For more information visit: www.intechrisk.com or speak to us at the event

Rainer Hinrichs-RahlwesVice-PresidentEuropean Renewable Energies Federation (EREF) Belgium

Anna Chmielewska Principal BankerEuropean Bank for Reconstruction and Development (EBRD) Poland

Driven by its purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. We provide classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. We also provide certification services to customers across a wide range of industries. Operating in more than 100 countries, our 15,000 professionals are dedicated to helping our customers make the world safer, smarter and greener.

For more information visit: www.dnvgl.com or speak to us at the event

Christine LinsExecutive SecretaryREN21 France

Gregor Paterson-JonesSpecial Advisor/Investment Committee Member European Fund for Strategic InvestmentUNCDF/European Investment Bank United Kingdom

1st Day Chair

Janis HobergSenior Analyst Bloomberg New Energy FinanceUnited Kingdom

2nd Day Chair

www.glceurope.com | [email protected] | + 36 1 848 0515

REFIP 5.0

Exclusive Speaker Line-up

To attend any of our events please contact: Reservations on +36 1 848 05 31 or [email protected]

Chris Troy – Senior Sales & Business Development Director on +36 1 848 0515 or [email protected]

If you intend to sponsor any of our events please contact:Mike Lind – Business Development Manager on +36 1 848 05 70 or [email protected]

Contact Us

5th Annual Renewable Energy Finance in Practice Forum20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

Michael KranholdDirector Customer Management50Hertz Transmission GmbH Germany

Ralf GarrnManaging Director Euler Hermes Rating GmbH Germany

Sissy Windisch CFOCitizenergy United Kingdom

Mario RielloManaging Director SunPower Systems Sarl Switzerland

James ArmstrongManaging PartnerBluefield Partners LLP United Kingdom

Tomi MotoiRenewable Energy Markets TeamInternational Energy Agency France

Ines KastilManaging Director VERBUND Wind Power Germany GmbH Austria

Nadejda KomendantovaGovernance in Transition Theme Coordinator / Research scholarIIASA Austria

Anna Chmielewska Principal BankerEuropean Bank for Reconstruction and Development (EBRD) Poland

Armin SandhövelChief Investment Officer Infrastructure EquityAllianz Global Investors Germany

Jérôme GautraisInvestment Director Glennmont Partners United kingdom

Florent del PicchiaFund ManagerAviva Investors France

Panelists

Zulandi Van Der WesthuizenDeputy Director, Scenarios & Resources World Energy Council United Kingdom

Dennis SchirickeManaging DirectorOutSmartThe Netherlands

Christine LinsExecutive SecretaryREN21France

Horvai-Hillenbrand PeterPartner Oppenheim Hungary

Dr Andreas Schröter Executive Vice President & Regional Manager Central Europe & Mediterranean DNV GL - EnergyGermany

François Van LeeuwCo-CEOParkwindBelgium

Janis HobergSenior Analyst Bloomberg New Energy FinanceUnited Kingdom

2nd Day Chair

Gregor Paterson-JonesSpecial Advisor/Investment Committee Member European Fund for Strategic InvestmentUNCDF/European Investment Bank United Kingdom

1st Day Chair

Rainer Hinrichs-RahlwesVice-PresidentEuropean Renewable Energies Federation (EREF) Belgium

Raphael LanceHead of Renewable Energy fundsMirova Natixis Asset ManagementFrance

Hans-Christian SchulzeBusiness Development and Country Manager USEolus Vind The United States of America

www.glceurope.com | [email protected] | + 36 1 848 0515

REFIP 5.0 5th Annual Renewable Energy Finance in Practice Forum20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

Who will you meet Video Testimonials

Chief Executive Officers, Chief Financial Officers, Presidents, Managing Directors, General Managers, Heads of Projects,

Team Leaders, accountants, developers, investors and lenders, asset

managers, entrepreneurs and venture capitalists, senior bankers, lawyers, government offi cials, regulatory bodies As well as heads of: renewable energy, utilities, sales and

purchase, risk management, investment & fi nance, business development, technology production, grid and technology

development, construction and transmission

Upcoming Conferences BANKING, INSURANCE & FINANCE

• 5th Annual Back Offi ce Operati ons Forum November 2016

• 3rd Annual Post Trade Forum February 2017

• 3rd Annual Credit Risk Management Forum March 2017

• 5th Banking & Insurance Internal Audit Forum May 2017

• 5th Annual Retail Banking Forum May 2017

• 6th Annual Collateral Management Forum June 2017

• 7th Annual Risk Management Forum September 2017

• 4th Annual European Payment Forum September 2017

• 5th Annual Back Offi ce Operati ons Forum November 2017

• Operati onal Risk Management Forum November 2017

• 5th Annual Corporate Banking Forum November 2017

PHARMACEUTICAL

• PP&L 5.0 (5th Annual Pharma Packaging & Labelling Conventi on) November 2016

• 5th Annual Pharmacovigilance Forum March 2017

• PP&R 6.0 (6th Annual Pharma Pricing & Reimbursement Forum) September 2017

• PP&L 6.0 (6th Annual Pharma Packaging & Labelling Conventi on) November 2017

HUMAN RESOURCES

• 6th HR Minds Forum February 2017

ENERGY

• REFIP 6.0 (6th Annual Renewable Energy Finance in Practi ce Forum) September 2017

Prestigious Advisors

Ralf Bauer Development Manager Finance Parkwind NV - Belgium

Morten SørensenSenior Director, Head of Large Corporates EKF – Denmark

Eran Litvak CEO - Arava Energy – Israel

Jorge M Huacuz Senior Researcher - Renewable Energy Electrical Research Institute (IIE) - Mexico

Ana Estanqueiro Senior Researcher - LNEG/INETI – Portugal

Janis Hoberg Analyst - Bloomberg New Energy Finance - United Kingdom

Dirk Fransaer Managing Director - VITO – Belgium

Wouter Geldhof Partner Energy - Stibbe – Belgium

Robert Pottmann Head of Renewable Energy & New Technologies Munich Ergo AssetManagement GmbH - Germany

Hans-Christian Schulze Business Development and Country Manager US Eolus Vind - The United States of America

www.glceurope.com | [email protected] | + 36 1 848 0515

REFIP 5.0

08:30 Welcome Coffee and Registration

08:45 Greetings from the Project Lead and GLC Icebreaker Session 08:50 Opening Remarks from the Chair Gregor Paterson-Jones Special Advisor/Investment Committee Member European Fund for Strategic Investment UNCDF/European Investment Bank - United Kingdom

09:00 Technology Outlook: 10 Technology trends creating a new power reality

• In the past 30 years new technologies have played an essential role in transforming the power industry. 2016 will be ‘tipping point’ in the transition. In the next 10 years we expect 10 technology trends to jointly accelerate the transition and create a new power reality, contributing to a cleaner, more reliable and cost-efficient energy future.

Q & A Session Dr Andreas Schröter Executive Vice President & Regional Manager Central Europe & Mediterranean DNV GL - Energy - Germany

09:40 Global status and outlook of renewable energy• Emerging RE markets - where to invest next• Outlook of the European RE market

Q & A Session Christine Lins Executive Secretary - REN21 - France 10:20 EU policy development and perspectives for Renewables - in the context of 2020/2030 targets and framework

• Upcoming new legislation for renewable energy and climate protection – the 2030 perspective

• Renewables in the context of EU and global climate policies – strong momentum from Paris

• Renewables as dominant market players – markets need to adapt• Phasing out inflexibility – Competitive renewables in

flexible and undistorted markets• Developing new markets and frameworks

Q & A Session Rainer Hinrichs-Rahlwes - Vice-President European Renewable Energies Federation (EREF) - Belgium

11:20 CEE Region – What hinders the developments?• What are the factors that block the improvement of this region? • Role of regulatory support system • Currency risk• Grid stability challenges• What are the financing alternatives?

Q & A Session Anna Chmielewska Principal Banker - European Bank for Reconstruction and Development (EBRD) - Poland

12:00 Finance Innovations in Clean Energy Investments• The new clean energy development finance landscape

» Multilateral organisations » Green Banks » New Development Banks » EFSI

• The move to commerciality in Donor funding• New financial instruments

» Where corporate and project finance meet – Financing Energy efficiency

» PAYG in East Africa » Using banking leverage in Climate Finance through guarantees

Q & A Session Gregor Paterson-Jones - Special Advisor/Investment Committee Member European Fund for Strategic Investment - UNCDF/European Investment Bank - United Kingdom

13:40 Trends in renewable energy finance in Europe, Middle East & Africa

• Global investment trends in renewable energy• Dynamics in power generation costs• Highlights of financing renewables in Africa• Financial innovation

Q & A Session Janis Hoberg Senior Analyst - Bloomberg New Energy Finance - United Kingdom

14:20 Renewable and the need of participatory governance of energy transition

• Social and public acceptance and willingness to use renewable energy• Understanding stakeholders views and concerns• Case studies of electricity transmission infrastructure in Europe• Case studies of electricity infrastructure in transition

and developing countries Q & A Session Nadejda Komendantova Governance in Transition Theme Coordinator/Research scholar - IIASA - Austria

15:00 The role of TSO to Integate Renewables in Germany• Tasks of the TSO• Forecast of Renewables development• Grid connection and enforcement - our projects• TSO-DSO cooperation to use Renewables for System Services• Outlook

Q & A Session Michael Kranhold - Director Customer Management 50Hertz Transmission GmbH - Germany

16:00 Infrastructure Project Finance using Debt Fund Vehicles• Infrastructure capital market financing as promoted by the

European Capital Market Union initiative• Investors need for yield driving new financing solutions under

European regulatory framework • Rating debt fund vehicles structurs to be used for premium

reseverve fund investments Q & A Session Ralf Garrn - Managing Director Euler Hermes Rating GmbH - Germany

16:40 Development and trends in an evolving U.S market – from the eyes of a developer

• What can we learn from current market trends in the U.S• Expanding TSOs, Carbon policy and emissions reductions targets • Deregulating markets creating off take opportunities

Q & A Session Hans-Christian Schulze - Business Development and Country Manager US - Eolus Vind - The United States of America

17:20 OPEN PANEL: Fighting the costs of Renewable production • Where is the cost of new renewable production going • Who is going to finance the major build out?• Are yield costs here to stay?• Is banks still the right source for debt financing

Moderator: Armin Sandhövel - Chief Investment Officer Infrastructure Equity Allianz Global Investors – GermanyPanelists: Jérôme Gautrais Investment Director - Glennmont Partners - United kingdom

Rainer Hinrichs-Rahlwes - Vice-President/Board Member European Renewable Energies, Federation (EREF)/German Renewable Energy Federation (BEE) - Belgium/Germany

Dennis Schiricke - Managing Director - OutSmart - The Netherlands

18:00 Closing Remarks from the Chair & Networking

18:10 End of Day 1

15:40 Tea, Coffee, Networking & Exhibits

11:00 Tea, Coffee, Networking & Exhibits

12:40 Luncheon & Networking

Luncheon together with Speakers, Panelists, & Delegates with an exclusive Buffet Lunch spread

5th Annual Renewable Energy Finance in Practice Forum20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

DAY1

www.glceurope.com | [email protected] | + 36 1 848 0515

REFIP 5.0

12:50 Luncheon & Networking

Luncheon together with Speakers, Panelists, & Delegates with an exclusive Buffet Lunch spread

08:30 Tea, Coffee & Networking

08:55 Opening Remarks from the Chair Janis Hoberg - Senior Analyst Bloomberg New Energy Finance - United Kingdom

09:00 Renewabe energy - preparing for a subsidy-free market• Current situation of energy markets and their impact on

renewable investors• Support schemes from an investor perspectiv• The investor’s homework• Case study: Romania• Case Study: Germany

Q & A Session Ines Kastil Managing Director VERBUND Wind Power Germany GmbH - Austria

09:40 Evolution of solar financing What is hot and what is out in financing solar projects. How can financing help solar be one of the most competitive energy sources for the world. Review of pros/cons of the following financing structures:

• Private equity/Infrastructure funds• YieldCos• Crowdfunding platforms• Private placements and other vehicles

Q & A Session Mario Riello Managing Director - SunPower Systems Sarl Switzerland

10:20 Investment for the transition to a low carbon energy system • Global trends in energy investment• Implications of energy investment on energy security and

climate change goals Q & A Session Tomi Motoi Renewable Energy Markets Team International Energy Agency - France

11:30 Lessons Learned from the Diverging experiences of the UK and US Renewable Energy YIeldCos

• The talk will be from my prospective as being a founder of the business that listed the Bluefield Solar Income Fund, the first of the solar PV focused companies to list on the London Stock Exchange

• Analysis of the success of the UK market and implosion of the US ‘YieldCo’ market and the lessons learned

• Can we take this experience and apply it to the challenges and opportunities presenting investors looking to invest in the growing renewable energy globally?

Q & A Session James Armstrong Managing Partner Bluefield Partners LLP - United Kingdom

12:10 Support tendering • Advantages and disadvantages of renewable energy tendering• Experience of tendering in different countries• Designing a renewable energy tender• How to make a tender attractive?

Q & A Session François Van Leeuw Co-CEO - Parkwind - Belgium

13:50 French market renewable energy outlook • Current status of one of the most attractive market for investors• The legal framework evolution from FIT to CFD

Q & A Session Raphael Lance Head of Renewable Energy funds Mirova Natixis Asset Management - France

14:30 OPEN PANEL DISCUSSION: Bank lenders versus alternative lenders

• How to choose your lenders?• What are the benefits/disadvantages of both types of lenders?• How lenders can improve?• What are the future trends and tendencies?

Moderator: Florent del Picchia Fund Manager Aviva Investors - France

Panellists: Horvai-Hillenbrand Peter Partner - Oppenheim - Hungary

Anna Chmielewska Principal Banker European Bank for Reconstruction and Development (EBRD) Poland

Mario Riello Managing Director - SunPower Systems Sarl - Switzerland

Sissy Windisch CFO - Citizenergy - United Kingdom

15:40 Citizen participation in renewable finance • Different financial models, from cooperatives to crowdfunding• Case studies; wind, solar, efficiency• A path to a pan-European market

Q & A Session Sissy Windisch CFO Citizenergy - United Kingdom

16:20 Overarching a global overview of the resources and technologies • E-storage• Wind and solar projects• Trends and developments on a global level• Challenges and opportunities

Q & A Session Zulandi Van Der Westhuizen Deputy Director, Scenarios & Resources World Energy Council United Kingdom

17:00 Closing Remarks from the Chair & Farewell Networking

18:20 End of Day 2

15:10 Tea, Coffee, Networking & Exhibits

11:00 Tea, Coffee, Networking & Exhibits

5th Annual Renewable Energy Finance in Practice Forum20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

DAY2

www.glceurope.com | [email protected] | + 36 1 848 0515

REFIP 5.0 5th Annual Renewable Energy Finance in Practice Forum20-21 October 2016Austria Trend Hotel Savoyen Vienna, Austria

• 3E• ABB• Abengoa• ABN AMRO• ABO Wind• ActivSolar• Aero Engineering• Aesthetic Technologies• Akuo Energy• Akuoinvestment• Alectris• Alstom• AMEC• Anel Group• Arava Energy Ltd• AREVA• Armand Consulting Srl• Arzinger• Astronergy• Austrian Transmission Grid

Operator APG • Avensol• Axpo Power AG• Banca Intesa ad Beograd• Banca Intesa Sanpaolo• Barclays• Bauer-Solar• Bauhaus Capital Partners• Bawag PSK• BCR• bgm Partners• BKW FMB Energie• BNP Paribas• BP Solar• Brandl&Talos• Bulboaca & Asociatii• Bulboaca Law Firm• Capital Stage• Centralschweizerische

Kraftwerke AG• Ceska Sporitelna• Citizenergy• ClientEarth• Clifford Chance• CNPV-Power• Colas Europe Centrale• Commerzbank AG • Conergy Italia

• Continental Wind • EGL• Eisenberg & Herzog• Elicio NV• Enda Enerji• EnergiMidt• Energopiisi (Suntech)• Eolus Wind• Erste Bank• Essers• European Association T&D • European Bank for Reconstruc-

tion and Development• European Investment Bank• European Renewable Energies

Federation (EREF)• Executive Management Services

GmbH• Finance In Motion• Finanzierung und Kapital• FirstSolar• Flemish REScoop Ecopower• Fokus Yatirim Holding• Freshfields• GA Finance• GAMA Energy• Gamesa• GDF Suez• GE Capital• Georgian Industrial Group• Gestamp Solar• Glennmont Partners• Global Capital Finance• GNCR Holding• Green Giraffe Energy Bankers• Green Invest 3000 GmbH• Green Source• H. Essers• Helios Power JSC• Heliospower• HSBC• Hulla & Co Human Dynamics• Hypo-Alpe-Adria• Hyponoe• ib vogt GmbH• Institute of Renewable Energy

Poland• International Energy Agency

(IEA)• International Wind Power• Invest in Finland• Investkredit AG• Jinko Solar• KBC• Kbl Bank• KDE Energy • Kitemill• Kommunalkredit• Konrad & Justich• Krogerus• Lancosolar• Lloyds Bank• Martifer• Mott Macdonald• MyENERGY• NATIXIS• Novenergia• Origis Energy• Orisol• OTP Bank• Panza Artis d o.o.• Parkwind NV• Pavia e Ansaldo• Phoenix Solar• Photon Energy• Piraeus Bank• Pohjola Bank• Priemyselný park Štúrovo• Procredit Bank• Pure Energy Ltd• Q-EN• Rabobank Utrecht• Raiffeisen Bank• Raiffeisen Energy & Environment• Ransolar Internation Ltd.• REC Group • REC Solar• Renewable Energy Projects

Development Ltd.• Renewable Energy Research

Centres Agency• REPO - Reneweable Power

Operating GmbH• Siemens• Slovenská sporiteľňa, a.s.• Société Générale

• Solaer Israel

• Solar Frontier Europe

• Solar Insurance & Finance

• Solaraccess

• Solarinvest

• Strategic Plan

• SunEdison

• SunPower

• Swedbank

• Tatra Banka

• Terna Energy

• Torresol Energy

• TPA Horwath

• TRAFICON

• TriEco

• UNDP Europe and the CIS

• UniCredit Bank

• UniCredit Leasing

• UNIDO

• United Bulgarian Bank

• United Nations Development

Programme

• Upsolar

• Valmet GesbmH

• Valorem

• Valueone

• Varna Green Energy

• Vatech Finance

• Vattenfall Europe Innovation

• VERBUND

• Vestas

• Vojvodina Investment

Promotion

• Vortex Energy Holding

• WE-Engineering

• White & Case

• Windvision

• WinWind

• Wolf Theiss

• World Bank

• World Energy Council – For

Sustainable Energy

• WSB Neue Energien Holding

GmbH

• Yıldırım Energy Holding

Past Delegates include

Media Partners