16 - 17 September 2019
Convene at 32 Old Slip, New York

Agendas

Leveraging New Investment Opportunities across North America

 

IJNorth America hosts two of the industry's premier financing forums, the IJNorth America Infrastructure Forum & the IJNorth America Energy Forum. Two events, taking place under the same roof, promising quality-networking time with your peers as well as presenting the most of critical market information and content.

    

The Key Topics for 2019
  • Market Forecast: Hear a detailed analysis of the North American infrastructure and finance market, based on exclusive IJGlobal data to contextualise the day, delivered by the IJGlobal editorial team
  • Renewable Energy: Is renewable energy performing better than traditional assets? Examine the returns in sustainable investing and benchmark portfolio performances
  • The Status And Future of P3 Financing: Analyse market expectations and determine regions with the most promising deal flow until 2025
  • Game Changing Technologies: Assess the technologies, from fusion batteries to floating wind, that will be the change in key industry verticals
  • New Deal Structures: Examine new and innovative approaches to structuring project finance across energy and infrastructure to offset risk and mitigate uncertainties

     

     

  • IJNorth America Energy Financing Forum
  • IJNorth America Infrastructure Financing Forum

Monday, Septmber 16th, 2019

08.00
Registration & Morning Networking 
09.10
IJGlobal Opening Remarks
09.15
INDUSTRY OVERVIEW: IJGlobal Market Analysis & Forecast
To open the event, a senior member of our editorial team will provide a detailed
analysis of the North American energy finance market, based on IJGlobal’s exclusive
data to frame and contextualise the following discussions.
09.35
INTERACTIVE PANEL: Key Regional Breakdown - Where will Investment be Beyond 2020? 
  • What projects are in the pipeline and what has been done so far?
  • How are project's financing structured and what financing support structures?
  • Where are their priorities for 2019 and beyond?
  • Learn what government and policy changes are to be expected, what is the best ways to adapt?
  • Benchmark financial plans for the region and see the contrasts in procurement strategies across North America
  • What types of projects area available and what is the overall demand going forward?
  • Understand the key project priorities and the degree of certainty of returns for these new projects
  • What planning is being used and how long are these projects for – what degree of certainty is there for returns?
10.15
INTERACTIVE PANEL: How Much of an Impact Will Zero Subsidies Have on the
Renewables Market?
  • How much effect on the competitiveness of renewable offshore assets have on the tax credit regime?
  • How much can be built without tax credits?
  • How restricted will project sponsors be in raising capital for future renewable financing within a new tax credit environment?

Ja Kao, President, Onyx Renewables

Patrick Schaufelberger, Director of Project Finance, Enerparc

10.45
Coffee & Networking Break
  
11.15
INTERACTIVE PANEL: Unconventional O&G – Examine Development Opportunities,
M&A Projections And The State of Play Within Midstream Infrastructure &
Logistics 
  • What are the best ways to unlock value through new low-cost investment mediums?
  • What is the forecast of market capitalization for oil and gas going forward?
  • Are production forecasts overly bullish? Will income yields remain predictable?
12.00
INTERACTIVE PANEL: Where is Private Equity within Energy and What Are LPs
Looking For?
  • Who are the main players in raising capital and which energy asset classes are producing the best yields?
  • What is the key to maximising portfolio success within the context of low prices?
  • How can LPs balance the requirements by investors spurred on by climate change and sustainability with traditional oil & gas investments within the energy transition?
12.45

Lunch

    

STREAM A

STREAM B

14.00
ROUNDTABLE: Developing Financing for Solar Projects 
Solar is growing rapidly in the United States. This discussion will touch upon risk profile and how they are overcoming this hurdle as well understanding what is being done to get deals over the line. 
Ja Kao, President, Onyx Renewables
ROUNDTABLE: Focusing on the Permian
The Permian Basin is the locomotive for North America's oil & gas industry and serves a platform for innovation for financing future projects. This roundtable delves into M&A opportunities on the horizon, areas of development with strong prospects for high yields and the region's overall effect on gas and power prices.
14.45
ROUNDTABLE: Analyse the Successes and Drawbacks of 2019's Offshore Wind Financing 
The Vineyard Offshore Wind and Maryland Offshore Wind farm total $5.1bn together, indicating a renaissance for offshore wind in the US. This roundtable will serve as a platform for future offshore wind financing, delving into latest ways of reducing CAPEX and leveraging capital costs.
Mark Leybourne, Associate Director, ITPEnergised
ROUNDTABLE: Legalisation, Regulation and Cross State Midstream
What will midstream operators have to do to draw interest from Wall Street once more? Midstream is poised to have busy years ahead, so how can project sponsors and investors work closely to make the best returns? 
15.30
Coffee & Networking Break
16.00
ROUNDTABLE: What Corporate PPAs Are Poised to Take Renewable Energy Finance Forward? 
This roundtable discussion will take a deep investigation into which PPAs are more favourable as well as address central legal challenges and the optimal allocation of risk in PPA transactions.
Steve Ryder, Chief Financial Officer, Clearway Energy Group
ROUNDTABLE: The Energy Transition & Sustainable Finance – Implications for Renewables and Oil & Gas
The distinction renewable energy and traditional oil & gas becomes more blurred with each passing day. How can traditional oil & gas companies leverage sustainable financial ventures while maintaining a balance of their portfolio in lucrative oil & gas arenas? 
16.45
ROUNDTABLE: When it goes wrong: What Lessons Have Been Learnt From PG&Es bankruptcy
PG&Es bankruptcy sent shockwaves through the utility and power space and have brought new questions for insuring and funding options for natural disaster liabilities. What can future utility companies and investors do to safeguard their assets and how will local governments play a role in the future?
ROUNDTABLE: LNG Projects Costs and Pricing Forecast – How Large of a Role Will the US play in the Next Wave of LNG Expansion?
LNG is poised to grow year on year in North America. How much of a role will it play in the future of energy financing? This roundtable will investigate how MLPs are driving growth and assessing what areas and sector will see most activity. 
17.30 - 19.00

You are invited to..
The IJNorth America Drinks Reception @ 32 Old Slip, New York


Take part in this unique networking opportunity as energy and infrastructure – and their subsectors, relax and unwind all in one location.

 

With over 250 senior energy & infrastructure finance leaders forecast to attend, this is a drinks reception you do not want to miss. 

Tuesday, September 17th, 2019

09.15
INTERACTIVE PRESENTATION: Risk, Terms & Equity Strategy: What is the Outlook for Financing Offshore Wind in the US? 
  • To what extent will European investors bring their experience and terms to the US?
  • How aligned will terms for offshore wind be aligned with onshore wind?
  • What is the overall risk appetite for investors with the backdrop of tax equity structures being phased out?
  • What is the forecast for local players having access to long-term capital?
09.45
PRESENTATION: Scoping Investment Opportunities in Energy Storage – Analysing Revenue Models and the Impact of Falling Battery Costs
  • Risk profile: what are investors and asset owners doing differently?
  • Moving away from project finance orientation, how do you deploy cheques at the right size for distributed assets?
  • What are the major challenges to the revenue model?
  • How can investors mitigate risk with increasing operations and management across multiple assets?
Speaker to be announced, NYSERDA 
10.30
Coffee & Networking Break
     
11.00
New Technologies on the Horizon – What will be the next game changers in the energy space?
  • Where are investors allocating their capital in emerging technologies? What are the risk to yield profiles?
  • Drilling & oil production optimisation: how is data analytics, IoT and digitally influenced assets affecting production levels? What are the opportunities for gains?
  • Storage: Analysing the viability of fuel cells and lithium-air batteries – what is reality and myth?
11.45
The Big Debate: Is Renewable Energy Financing Slowing Down Indefinitely? 

Two expert speakers will take to the stage to argue for and against the question.

For the motion:
Against the motion
: Speaker to be announced, New York Green Bank
Moderator:

 

Disclaimer: The views expressed in this debate by both sides are not necessarily the views held by those participating or the institutions they represent.

12.30
Networking Lunch
     

Monday, September 16, 2019

09.15
INDUSTRY OVERVIEW: IJGlobal Market Analysis & Forecast 
To open the event, a senior member of our editorial team will provide a detailed
analysis of the North American energy finance market, based on IJGlobal’s exclusive
data to frame and contextualise the following discussions.
Angus Leslie-Melville, Editorial Director, IJGlobal
09.35
INTERACTIVE PANEL: Hear From Government Authorities on Regions of Highest Development and Investment Potential 
  • What types of projects area available and what is the overall demand going forward?
  • Benchmark financial plans for the region and see the contrasts in procurement strategies across North America
  • What is going forward and what isn't? Gain greater visibility on the future of projects in each region
  • How will new state laws stimulate P3 project growth?
  • Understand the key project priorities and the degree of certainty of returns for these new projects
10.15
INTERACTIVE PANEL: Infrastructure & Lending: What is the Appetite for Financing in infrastructure Projects? 
  • Determining the appropriate financing structure for different infrastructure projects: What’s on offer from the banks and bond markets?
  • What is the overall appetitive for lenders in the current political environment across provinces?
  • How will lenders adjust their lending strategies for new and emerging markets and sub-sectors?
  • What is the supply for financing in the future?
10.45

Coffee & Networking Break

    

11.15
INTERACTIVE PANEL: Macro Shifts and Risk: What Is Going to Matter For Infrastructure Investors and Project Sponsors Beyond 2019? 
  • Where are we in the current credit cycle? Are we at the top, bottom or middle?
  • How much will political headwinds in the US impact private sector funding
  • What regulatory uncertainties need to be anticipated?
12.00
INTERACTIVE PRESENTATION: Examining Risk Transfer in P3s: How Does This
Impact the Cost of Your P3 and Value For Money? 
  • What are the optimal ways of structuring contracts?
  • How will the risk transfer of P3s impact the value for money of future P3 contracts?
  • What are the new thresholds of taking on revenue risk?
Sam Beydoun, Bureau Chief, Innovative Project Delivery, Illinois Department of
Transportation
12.45

Networking Lunch

   

STREAM A

STREAM B

14.00
ROUNDTABLE: Smart Infrastructure & Smart Cities 
Where are project sponsors and investors in the cycle of investing into smart infrastructure in the US? What are the key investment priorities and sustainable development goals that are to be realised to make financing smart infrastructure profitable?
ROUNDTABLE: Rail & Transportation
Delving into the latest infrastructure developments and commercial structures for rail, this discussion will analyse operating models and level of equity participation across industry stakeholders.
David Sikorski, Program Manager, MBTA 
14.45
ROUNDTABLE: Social Infrastructure 
Social infrastructure has been on the side lines in recent but with the rise of P3 projects at university campuses, this discussion will highlight key revenue drivers and areas of risk mitigation within social infrastructure across North America.
ROUNDTABLE: Water & Wastewater
This roundtable will delve into infrastructure funding options and federal priorities with backdrop of the WIFIA program as well as the role of P3s for the future of North American water.
Brian Park, Executive Director, Morgan Stanley Infrastructure Partners
15.30

Networking & Coffee Break

    

16.00
ROUNDTABLE: Driving Value for ESG in the North American Market
What are the largest obstacles to ESG implementation and how are investment and development strategies differing? How should performance be tracked and what are the best mechanisms to analyse and evaluate?
ROUNDTABLE DEBATE: Why Hasn't the P3 Model in the US Lived Up To Expectations?
While Canada and Europe have enjoyed success with the P3 model, the US potential is in the process of living up to its potential. In this discussion, share case studies, war stories and insights into what lessons can be applied for future P3 financing and how the US can realise its infrastructure potential.
Verki Michael Tunteng, Director – Infrastructure / P3 Project Delivery, Ferrovial Agroman
16.45
ROUNDTABLE: Airport Privatization: Evaluating Challenges and Opportunities
Airport privatization invites a discussion from both optimists and pessimists. Still, with the past 12 months providing positive energy into airport privatization, this discussion will analyse new financing solutions and tradeoff strategies going into 2020.
ROUNDTABLE: Mitigating Performance Risk – What Innovations Are Being Deployed To Balance With Design & Construction Cost?
O&M is a key component to the value of a P3 project. How can project sponsors and stakeholder parties ensure strong alignment to mitigate O&M challenges and minimise deferments.
Sam Beydoun, Bureau Chief, Innovative Project Delivery, Illinois Department of Transportation
17.30 - 19.00

You are invited to..
The IJNorth America Drinks Reception @ 32 Old Slip, New York


Take part in this unique networking opportunity as energy and infrastructure – and their subsectors, relax and unwind all in one location.


With over 250 senior energy & infrastructure finance leaders forecast to attend, this is a drinks reception you do not want to miss. 

Tuesday, September 17th, 2019

09.15
PRESENTATION: What Are The Latest Requirements And Innovations Needed for Structuring P3 Projects That Will Increase the Competitiveness of Future Projects?
  • Eagle P3 Commuter Rail Project – how was the project developed and financed? Lessons learnt that can be applied to future P3 projects
  • How can the industry increase the competitiveness of contracts? What is the gold standard of new P3s going forward?
  • What opportunities are there to expand the P3 model?
  • What is the optimal structure for P3s in the US? DBFMs vs DFs.
Verki Michael Tunteng, Director – Infrastructure /P3 Project Delivery, Ferrovial Agroman
09.45
INTERACTIVE PANEL: Roads, Bridges & Tunnels: What is required for Successful Financing of These Projects through P3s?
  • Where will project cost reductions occur in these sectors? How are project sponsors stimulating lean capital expenditure?
  • How can a balance be struck between high CAPEX expenditure and risk? What lessons have been learnt in Georgia and Pennsylvania?
  • Correcting setbacks: how can parties organise and provide a transparent dialogue to correct project short falls?
10.30
Coffee & Networking Break
11.00
PRESENTATION: Smart Infrastructure – Identifying New Sources of Revenue and Methods for Value Capture
  • What are the new procurement methods and alternatives federal and local governments can offer to stimulate smart city funding?
  • How can operational, technological and counterparty risks be mitigated? Are these risks distinct from traditional financing?
  • What revenue opportunities now exist than before/ how will this impact the bankability of future smart infrastructure financing?
  • How can parties demonstrate clear ROI and financial merit while maximising the opportunity for integrated approaches and solutions?
11.30
INTERACTIVE PANEL: Transferable Lessons Learnt from Canada and Europe for P3 Financing 
  • How can the US encourage greater public support for the private sector delivery of public infrastructure?
  • Where are the key areas within procurement strategy that the US can implement into local and federal procurement from Canada and Europe?
  • What are the key metrics advisors and parties can agree to in order to assess performance to what is agreed on the contract?
12.15
Networking Lunch
     

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