Event:
Funding Renewables - Bringing Finance and Projects Together
1 June 2010
Allen & Overy
One Bishops Square
London E1 6AD
Demand for renewable energy is being driven forward by national and local government, by companies seeking to offset their obligations under the CRC Scheme, by energy suppliers seeking to meet increasingly onerous renewables and pricing obligations and by an ever-widening range of end-users.
Despite the downturn, despite Copenhagen and despite government u-turns, investment in renewable power is still taking place. But it is not yet at the same level it was in 2007 and it is not yet near the level needed to enable the UK to meet its renewable energy commitments in 2020.
More funds are needed; more viable projects are needed.
Developers want to know whether they can get funding for their projects and the sorts of investment, or partnership and returns they should be looking at. They want to know whether their funders will be banks, equity houses or institutional lenders – each with different interests, terms and involvement – or whether they will sell out their project before realisation to one of the utilities that will take the project ahead as part of its own portfolio. And they want to know whether there are other options.
On the other side, funders are actively seeking investment opportunities with 'reasonable' risks and good returns in the short and medium term. The funders come from a wide spectrum and their interests and concerns are quite different: some seek partnerships, some are looking to expand their businesses by acquisition, while yet others seek returns on investment – both at the development stage and later.
The Energy & Utility Forum's Funding Renewables Conference provides a platform to meet with and hear from key stakeholders in the sector and how best to take forward projects and how best to find the developers that will deliver the right returns. Financiers, energy companies, policy shapers and project developers will provide insight and useful contacts through a conference that aims to bring together both sides to renewable energy projects and schemes to generate successful investment deals.
Who should attend?
Venture capitalists, investors, financial institutions, entrepreneurs will:
- network with the companies developing technology and services to support future energy solutions
- identify investment opportunities and risks
- get face-to-face with the experts in this field and debate the commercial issues
Energy companies and professionals will:
- network with suppliers, consumers, competitors and other key stakeholders within the changing energy industry
- seek out new business opportunities across a global platform
Governments/NGOs/environmental agencies will:
- debate the issues of climate change and future energy policy
- examine the options and implications for future energy solutions
- look at potential funding for alternative energy and environmental strategies
