Monday, June 17

6:30 – 8:30 PM

Opening Networking Reception

The Gallery – InterContinental New York Barclay

Sponsored by:

         

Tuesday, June 18 – Day 1

8:00 – 9:00 AM

Registration

Registration and refreshments

9:00 – 9:45 AM

Keynote

Chairman John Rhodes, New York State Public Service Commission, CEO, Department of Public Service

9:45 – 10:45 AM

Increasing Capital Flows During the Energy Transition

Our opening session will examine capital flows to renewable projects in an era of ongoing transition in the power sector. A panel of senior officials with leading financial institutions will share their observations on the continued attractiveness of renewable energy and offer insights on how to successfully manage the next few years as tax credits begin to phase out.

  • How quickly will other sources of capital replace tax equity in capital stacks and how will this affect project returns?
  • Lowering the overall cost of capital
  • The role of new investors entering U.S. markets

Speakers:

Keith Martin, Co-Head of Projects, United States, Norton Rose Fulbright (moderator)

Ted Brandt, Chief Executive Officer, Marathon Capital

Catherine Helleux, Head of Transactions, Americas, Director, Infrastructure Equity, Allianz Global Investors

Andy Redinger, Managing Director-Group Head, KeyBanc Capital Markets

Himanshu Saxena, Chief Executive Officer, Starwood Energy Group

10:45 – 11:15 AM

Break

11:15 – 12:15 PM

The State of the Tax Equity Market

Tax equity remains an important source of project finance in 2019. Prominent providers will offer commentary on the market’s trajectory as the sector increases reliance on alternative sources of capital.

  • Securing tax equity prior to the phasedown of tax credits
  • Bonus depreciation with lowered tax rates
  • Continued effects of the BEAT provision

Speakers:

Frank Palladino, Managing Director, CohnReznick Capital (moderator)

Gary Blitz, Senior Managing Director and Co-Practice Leader, AON

Mit Buchanan, Managing Director, Energy Investments, J.P. Morgan

David Levy, Vice President, Tax Advantaged Investments, State Street

Gaurav Raniwala, Global Renewable Energy Leader, GE Energy Financial Services

Dan Siegel, Vice President, Director of Business Development – Renewable Energy Investments, U.S. Bank

12:15 – 1:30 PM

Lunch

1:30 – 2:15 PM

Getting to $1 Trillion by 2030: How Policy and Market Structures Will Need to Adapt

Grounded in a survey of financial institutions, ACORE has launched a campaign to secure $1 trillion in U.S. renewable energy and enabling grid technology investment between 2018 and 2030. However, policy, regulatory and market barriers may pose challenges for this ambitious target. A fireside chat with strategic players will consider solutions to these hurdles, reflecting on the following questions:

  • How important are mandates and policies for continued market momentum?
  • What should we look for in climate policy?
  • How are states pushing past barriers?
  • How can we leverage market incentives to increase demand?

Speakers:

David Giordano, Managing Director, Global Head – Renewable Power, BlackRock (moderator)

Tom Festle, Chief Financial Officer/Director of Investment & Risk, E.ON Climate & Renewables North America, LLC

Kathy Weiss, Vice President, Federal Government Affairs, First Solar 

Ray Wood, Managing Director- Co-Head: Global Natural Resources Group, Bank of America Merrill Lynch

2:15 – 3:00 PM

A Deep Dive on Power Pricing

This presentation and discussion will offer a detailed look into the trajectory of power prices and the growing competitiveness of renewable energy.

  • What can we learn from countries without tax credits? Why are markets like Mexico and Alberta seeing lower pricing?
  • Where do we see power pricing in the context of grid modernization and new technologies?
  • How will shorter and more discrete contracts affect power pricing?
  • Will renewables become competitive in merchant markets?
  • How will tariffs affect power pricing?

Speakers:

Steve Vavrik, Chief Commercial Officer, Apex Clean Energy (moderator)

Angelin Baskaran, Executive Director, Fixed Income Division, Morgan Stanley

Steven Batchelder, Director, Origination, NRG Energy, Inc.

William Nelson, Head of Power, Bloomberg New Energy Finance

Harry Singh, Vice President, Goldman Sachs

3:00 – 3:30 PM

Break

3:30 – 4:30 PM

Evolving Demand from the C&I Sector: New Contracts and Market Incentives

As renewable energy use grows in prevalence throughout the corporate and industrial sector, the profile of offtakers is quickly diversifying. With this growth has come a shift in demand toward renewable energy options that meet the needs of energy users with smaller loads and different appetites. This panel will consider new contracting options and market incentives to accommodate these new players.

  • The shifting form of C&I PPAs: shorter tenures, smaller offtake agreements and multi-client contracts
  • The use of proxy generation PPAs to reduce complexity and help manage risks
  • Scope 3 emissions reduction efforts and renewable value chain initiatives

Speakers:

Ed Zaelke, Partner, Head of Energy, Project Finance Practice, McDermott Will & Emery (moderator)

Amanda Peterson Corio, Prinicipal, Energy & Global Infrastructure, Google

Richard Dovere, Managing Member, C2 Energy Capital

Chelsea Mozen, Sustainability Lead, Etsy

Jason Tundermann, Vice President, Business Development, LevelTen Energy

Emily Williams, Senior Director of Energy Markets and Sustainability, Edison Energy

4:30 – 5:15 PM

The Value of Renewable Energy in ESG Scoring

Corporate and industrial buyers, financial institutions and other publicly traded companies are seeking methods to better align Environmental, Social and Governance (ESG) scoring with their decarbonization strategies. Panelists will examine new efforts to promote standardized and transparent metrics for climate disclosure and renewable energy use, and identify how improved ESG scoring metrics can help grow demand for renewables.

Speakers:

Amanda Cimaglia, Managing Director, ESG, Solebury Trout (moderator)

Simon Fischweicher, Manager, Corporate Engagement, CDP

Ken Locklin, Senior Portfolio Advisor & US Policy Analyst – Director, Impax Asset Management

Katherine Neebe, Senior Director – ESG, Global Responsibility, Walmart

5:15 – 6:45 PM

Evening Reception

Wednesday, June 19 - Day 2

7:30 – 8:45 AM

WRISE Networking Breakfast

Connect with fellow leaders from the energy finance industry over breakfast in the Barclay Salon.

Valerie Smith, Managing Director and Global Head of Corporate Sustainability, Citi

Martina Cheung, President, S&P Global Market Intelligence

Hosted by:

9:00 – 10:00 AM

Renewable Energy Owners Redefined: Disruption in the Utility Sector and the Growth of New Power Providers

The energy transition presents opportunities and challenges for both traditional and new owners of renewable projects. Utilities are increasingly adopting “steel for fuel” strategies and introducing new models for storage while confronting other market dynamics. Meanwhile, the emergence of new power providers, such as community choice aggregators, is fueling additional demand and changing regulatory environments. This panel will offer owners’ perspectives on the following questions:

  • Are the phase-outs of the PTC and ITC an opportunity for increased utility development?
  • How are utilities changing how they treat renewable assets?
  • What is the role for new power providers like CCAs, many of which do not have credit ratings, and how are they financing projects?
  • How are tax reforms and lowered credit ratings affecting utility development?

Speakers:

Jam Attari, Chief Executive Officer, BayWa r.e. Solar Projects (moderator)

Ted Bardacke, Executive Director, Clean Power Alliance

John Breckenridge, Senior Managing Director and Head of Energy Infrastructure, Capital Dynamics

Matthew Fransen, Chief Operating Officer, AEP Renewables

Joan Hutchinson, Managing Director, Marathon Capital

David Zwillinger, President, DE Shaw Renewable Investments

10:00 – 11:00 AM

Insights from Top Developer CEOs

Senior executives from companies driving renewable energy’s expansion will share their evolving strategies in response to market shifts, regulatory dynamics and policy changes.

  • The impacts of tax reform, tariffs and other federal policy shifts on development
  • How the movement away from traditional 15-20 year offtake agreements is affecting business
  • How dynamic regulatory climates across the country are creating unique environments for renewable development, with new opportunities and risks

Speakers:

Greg Wetstone, President & CEO, ACORE (moderator)

Tom Buttgenbach, President & CEO, 8minute Solar Energy

Mark Goodwin, President & Chief Executive Officer, Apex Clean Energy

Ja Kao, President & CEO, Onyx Renewable Partners

Jim Murphy, President & Chief Operating Officer, Invenergy LLC

11:00 – 11:30 AM

Break

11:30 – 12:30 PM

Trends in Equity Markets

Speakers will discuss evolving strategies amongst equity providers, the entrance of new infrastructure investors and projections about the future of public and private equity markets.

Speakers:

Chris Gladbach, Partner, Orrick (moderator)

Skip Grow, Managing Director, Morgan Stanley

Susan Nickey, Managing Director, Hannon Armstrong

Chris RadtkeCo-Head of Power & Renewables – Americas, Credit Suisse

Meghan Schultz, Senior Vice President – Finance & Capital Markets, Invenergy LLC

12:30 – 1:30 PM

Lunch

1:30 – 2:15 PM

Financing Infrastructure Development

Speakers will identify renewable industry priorities to build the infrastructure required to support higher levels of renewable energy in the nation’s power grid. The discussion will navigate both private and public solutions at the federal and state levels.

  • Market structure reforms and other ways to support development of the sector
  • Who should build it?
  • The role of EV-charging infrastructure
  • Public/private partnership arrangements

Speakers:

Mona Dajani, Partner, Pillsbury Winthrop Shaw Pittman (moderator)

Jonathan Bram, Partner, Global Infrastructure Partners

Robinson Kupchak, Head of Americas Infrastructure & Energy Group, Senior Managing Director, Macquarie Capital

Kevin P. Walsh, Senior Operating Partner, Stonepeak Infrastructure Partners

2:15 – 3:15 PM

A Closer Look at Energy Storage Investment

The energy storage sector is soon expected to mirror the fast growth of the renewable sector, but the lack of a robust federal tax incentive and the absence of a common approach for financing projects has hindered capital flows. Panelists will discuss their experience with storage products, detail how they identify potential revenue streams in different markets, address how the sector best approaches project finance, and identify prospects for increased investment.

Speakers:

William Tarantino, Partner, Morrison & Foerster (moderator)

George Hardie, Vice President & Director of Business Development, N.A., Pattern Energy Group

Kellie Metcalf, Managing Director, Prisma Energy

Rob Morgan, Chief Executive Officer, Energy Storage, GE Renewable Energy

Daniela Shapiro, Senior Vice President, Engie

3:15 – 3:30 PM

Break

3:30 – 4:30 PM

Trends in Debt Markets

Debt lending is becoming more favorable for projects as the sector transitions away from tax equity. Senior lenders will offer perspectives on leveraging debt for project finance and growth.

Speakers:

Will Marder, Managing Director, Project Finance Agency Services, Wilmington Trust (moderator)

Yvette M. DennisVice President-Infrastructure, AIG Investments

Andrew Joynt, Senior Director, Global Infrastructure and Project Finance, Fitch Ratings

Andrew Lin, Managing Director, Head of Energy and Project Finance, DBRS

Carl Morales, Managing Director, Group Head, SMBC

Raphael van Veen, Executive Director, Rabobank