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For the th time, America’s leading conference for renewable energy financiers and developers returns to New York
Silver sponsors
www.euromoneyenergy.com
Over 700 Participants in 2009
Meet decision-makers – in 2009, over 70% of attendees held the title of CEO, CFO, President, Managing Director or Partner Hear from thought leaders – over 50 leading investors, developers and government officials will address the delegation Make your projects bankable with advice from global leaders in financing and developing of renewable energy projects Understand the impact of new and existing federal policies on your renewable energy projects
Gold sponsor
Co-Organizers:
EARLY BIRD SAVE $300 Register by May 14, 2010
Networking Breakfast Sponsor
Carbon Offset Sponsor
www.reffwallstreet.com
Conference Sponsors
Reception Sponsors
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Why attend REFF-Wall Street?
Meet the movers and shakers: The reputation of REFF-Wall Street is built on attracting the most senior individuals in financing and investment within the renewable energy sphere. Network with the people who control budgets and set strategy. A global perspective: Attendees in 2009 came from over 450 companies and 20 countries Issue-led debate from thought leaders: Leading players from the renewable energy industry will share their valuable expertise, providing you with essential insights and practical advice for your projects Government policy update: Hear from senior government officials on their vision for a renewable future, get an update on existing Federal programs and find out what they have in store for the coming year Unrivalled networking: Take advantage of our enhanced networking opportunities including our Receptions, Lunches and a special Networking Breakfast
How do we do it? REFF-Wall Street is developed in conjunction with our 2010 Co-Chair panel of senior industry executives and thought leaders, guaranteeing you a cutting-edge agenda made by the industry, for the industry. We would like to extend our thanks to our 2010 Co-Chair panel:
About the Organizers:
REFF-Wall Street is produced jointly by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events. The American Council On Renewable Energy is focused on accelerating the adoption of renewable energy technologies into the mainstream of American society. ACORE provides a common platform for the wide range of interests in the renewable energy community including renewable energy industries, associations, utilities, end users, educational institutions, professional service firms, financial institutions and government agencies. ACORE serves as a forum through which these parties work together on common interests. ACORE convenes the industry through four national events to move renewables into the mainstream: RETECH, the annual trade gathering of the industry, the highly acclaimed REFF-West and REFF-Wall Street finance events, and Phase II of Renewable Energy in America, ACORE’s annual policy forum on Capitol Hill. For more information visit our website: www.acore.org. A division of Euromoney Institutional Investor PLC, Euromoney Energy Events organizes high-profile events for energy and finance professionals world-wide. Our flagship Renewable Energy Finance Forums started in 1999 in London, and have grown alongside the burgeoning renewables industry into an extensive series of internationally renowned events. These include REFF-London, REFF-Wall St, REFF-West, REFF-Canada, REFF Central & Eastern Europe, REFF-India and REFF-China. REFF-London now incorporates the prestigious Euromoney and Ernst & Young Global Renewable Energy Awards. We are expanding the REFF portfolio of events to new and exciting markets in 2010/11. For more information visit our website: www.euromoneyenergy.com.
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Dan Adler, President, CalCEF Ted Brandt, CEO, Marathon Capital Michael Butler, Co-Founder, Cascadia Capital John Cavalier, Managing Partner, Hudson Clean Energy Partners Michael Eckhart, President, ACORE Ira Ehrenpreis, General Partner, Technology Partners Nancy Floyd, Founder & Managing Director, Nth Power John Geesman, Principal, GreenEnergyWar.com Michael Liebreich, CEO, Bloomberg New Energy Finance Ken Locklin, Director Finance & Investment, Clean Energy Group Mindy Lubber, President, CERES Keith Martin, Partner, Chadbourne & Parke LLP Katie McGinty, Partner, Element Capital Partners Bruce Pasternack, Operating Partner, Venrock Dan Reicher, Director of Climate Change & Energy Initiatives, Google Michael Ware, Managing Director, Good Energies, Inc.
Who Attends REFF-Wall Street?
Corporate CEOs, CFOs and planners Equity investors and fund managers Commercial and investment bankers Project developers Government and regulatory bodies Integrated energy companies Venture capital investors Insurance companies Professional and financial service companies
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As the Administration throws its weight behind a greener economy and with greater federal support for renewable energy generation than ever before, 2010 is shaping up to be an exciting year for renewable energy. With investors’ appetites returning, post-crash, and liquidity finding its way back into the market, renewable energy is ready to boom. 2010’s 7th REFF-Wall Street is your one-stop shop to make sure your renewable projects are bankable and to secure the financing you need to move forward. Our updated 2010 agenda brings you over 40 thought-leading speakers addressing key issues, including:
The view from the major investment banks – How are the global financial markets evolving and what can we expect to see from the major players over the coming months?
Renewable energy project finance – How are project debt and equity considerations changing, who is lending and what are their terms?
Federal initiatives update – How can investors and renewable energy companies maximize the benefits of federal programs?
Investor perspectives – Hear from a mix of venture capitalists, equity players and institutional investors highlighting the difference in their approaches to projects.
Developers’ perspectives – This new session for 2010 will give you the opportunity to hear straight from the mouth of the developers and understand how they have successfully financed their renewable energy projects.
REFF-Wall Street 2010 will again bring together an extraordinary panel of industry visionaries, financiers and investors to conceptualize the future of renewable energy finance in the US. Secure your place today (details on Page 8).
About the Venue: REFF-Wall Street returns once again to the famous Waldorf Astoria. The Waldorf Astoria was one of the first ‘grand hotels’ to combine luxurious elegance with a myriad of amenities and services. Accommodation is available at the Waldorf Astoria at the special rate of $289 + tax per room per night. This offer is only available to delegates of the 7th Annual REFF-Wall Street and is the best available published rate at the property. For information on how to book your accommodation, please see page 8.
Supporters
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conference program REFF-Wall Street, the major gathering of the year in renewable energy investment and finance, invites you to participate to the fullest as an attendee by attending the networking breakfast on June 30, the evening receptions and networking breaks.
MONDAY JUNE 28, 2010
“An excellent opportunity to meet the market leaders fin John C. S. Anderson, John Hancock Power Team
Speakers:
Michael Liebreich, CEO, Bloomberg New Energy Finance Lisa Frantzis, Managing Director for Renewable & Distributed Energy, Navigant Consulting Carlos Muniz, Global Head of Project & Acquisition Finance, Banco Santander Mindy Lubber, President, CERES 10:30am
6:00pm – 8:00pm
Welcome Reception at Cipriani Wall Street
11:00am – 1:00pm
SESSION 3: A VIEW FROM THE MAJOR INVESTMENT BANKS
55 Wall Street (Between William St and Hanover St) New York, New York 10005 Hosted by Nixon Peabody LLP
TUESDAY JUNE 29, 2010 7:00am
Registration & coffee
8:30am
Welcome & opening remarks Gerard Strahan, Managing Director, Euromoney Energy Events Michael Eckhart, President, ACORE 8:45am – 9:30am
SESSION 1: OPENING KEYNOTES This opening session will provide a backdrop for subsequent conference proceedings by giving high-level perspectives on public policy, financial markets and corporate strategy in the renewable energy sector. Senior speakers will share their experience and knowledge of the sector and set the scene for this year’s REFF-Wall Street. 9:30am – 10:30am
SESSION 2: GLOBAL & DOMESTIC MARKET DRIVERS
Networking Refreshment Break
With global economies now on the road to recovery, what lessons have been learned and how have financial markets reacted and evolved during this difficult time? A panel of top energy investment bankers, representing world-leading financial institutions, who are all currently leading major deals, will debate how the financial landscape has changed and explore what we can expect from the market moving forward.
John Cavalier, Managing Partner, Hudson Clean Energy Partners
Chair:
Part 1 Andrew Safran, Vice Chairman, Global Head Investment Banking, Citibank Kevin Genieser, Managing Director, Morgan Stanley Brian Bolster, Managing Director, Goldman Sachs Ray Wood, Co-Head Global Alternative Energy, Credit Suisse Part 2 Parker Weil, Managing Director, Bank of America – Merrill Lynch Jeff McDermott, Managing Partner, Greentech Capital Advisors Jonathan Yellen, Managing Director, Deutsche Bank James Metcalfe, Managing Director, UBS Securities LLC Jeff Lipton, Managing Director Clean Tech Group, Jefferies & Company 1:00pm
As we move towards a new era in renewable energy, this session will examine the global macro factors impacting upon the energy sector, including:
Networking Lunch
2:30pm – 3:45pm
World energy outlook: How is renewable energy viewed globally and what is the outlook for its development as a greater part of the energy mix? Climate & sustainability drivers: Impacts on capital markets and investment decision-making by institutional investors, corporates and utilities Economic growth and job creation: The story on Germany and China and the implications of these on the US renewable energy market Momentum: Major facts and trends in renewable energy investment and financing and the intersection of renewable energy and the commodities market
Chair:
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John Geesman, Co-Chairman, ACORE
SESSION 4: RENEWABLE ENERGY PROJECT FINANCE Renewable energy projects have retained their financeability through even the toughest financial circumstances. With economic recovery comes increased investment in the sector. This session will compare different financial models and their outlooks as we move forward, including:
Project debt and equity Tax equity and other tax considerations Leasing and other project finance structures Overall deal structuring, issues and trends
Chair:
Keith Martin, Partner, Chadbourne & Parke LLP
“The conference was one of the best meetings I have attended related to renewable energy. There were ou excellent networking events.” Bruce Pasternack, Operating Partner, Venrock
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ers financing the renewable energy industry.”
Quotes from previous REFF-Wall Street delegates
WEDNESDAY JUNE 30, 2010
Speakers:
John Eber, Managing Director, JP Morgan Kevin Walsh, Managing Director, GE Energy Financial Services Daniel Mallo, Managing Director, Project & Structured Finance – Energy, Societe Generale Gisela Kroess, Director Power & Environment, Global Project Finance, UniCredit Bank AG Carlos Domenech, President, SunEdison 3:45pm
Networking Refreshment Break
7:30am
Registration opens
7:45am
Networking breakfast Raise your profile at our networking breakfast, where delegates will have the opportunity to introduce themselves to their fellow conference attendees using a roving microphone. Hosted by Santander
4:00pm – 5:15pm
SESSION 5: DEVELOPERS’ PERSPECTIVES Following insight from the major investment banking players and project financiers in the renewable energy sector, this panel will focus on the financing of renewable energy projects from a developer’s point of view. Hear leading renewable energy developers addressing how they have achieved success in their projects and what they think makes a renewable energy project bankable. Chair: Co-Chair:
Michael Ware, Managing Director, Good Energies Katherine McAvoy, Partner, Winston & Strawn LLP
Speakers:
Paul Gaynor, CEO, First Wind* Michael O’Sullivan, Senior VP Development, NextEra Energy* Hezy Ram, President & CEO, Ram Power Tim Derrick, CEO, Axio Power, Inc. 5:15pm – 5:30pm
SESSION 6: SUMMARY OF DAY ONE In this wrap-up session for Day One, a selection of the REFF-Wall Street Conference Co-Chairs will look back at the presentations made, summarize the discussion and further develop some of the themes outlined, giving you key take-away strategies for your business.
08:45am
8:50am – 9:30am
SESSION 7: WELCOME & KEYNOTE PRESENTATION The opening session on Day Two will feature a keynote address from a senior level industry executive, considering changing dynamics in the renewable energy markets and providing a context for the day’s discussions. Chair:
Michael Eckhart, President, ACORE
Co-Chair:
Dan Reicher, Director, Climate Change & Energy Initiatives, Google 9:30am – 10:30am
SESSION 8: GOVERNMENT POLICY & INCENTIVES In the wake of 2009’s American Recovery & Reinvestment Act, this session will examine the impact of new legislation on the renewable energy industry. Topics to be addressed include:
5:15pm
Close of Conference Sessions
How has the stimulus package encouraged investment in the sector and has the Loan Guarantee Program been a game changer? Federal tax incentives and state renewable portfolio standards CEDA/Green Bank proposals Potential for a Feed-in Tariff in the USA
Chair: 5:30pm – 8:00pm
Evening Networking Reception Join us for our lavish evening networking reception at the end of Day One, for a chance to discuss the day’s proceedings with fellow delegates, cement existing relationship and meet new business partners, in a relaxed informal setting.
Co-Chair:
Café St. Barts 109 East 50th St, New York, NY 10022
Hosted by Baker & McKenzie
ere outstanding presentations, strong panels, and
Conference Opens Paul Clark, Conference Manager, Euromoney Energy Events
Dan Reicher, Director, Climate Change & Energy Initiatives, Google Todd Coles, Partner, Troutman Sanders
Speakers:
Matt Rogers, Senior Advisor, US Department of Energy Michael Carr, General Counsel, Senate Energy & Natural Resources Committee* Russell Sullivan, Democratic Staff Director, United States Senate Finance Committee Michael Peevey, Commissioner, California Public Utility Commission
tel: (UK) +44 20 7779 8999 (US) +1 212 224 3570 5
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e: energyevents@euromoneyplc.com
“Once again, REFF has proven itself to be a market leader.” Dave Poritzky, Bloomberg New Energy Finance
3:15pm
Networking Refreshment Break 3:35pm – 4:45pm
SESSION 11: INVESTOR PERSPECTIVES ON RENEWABLE ENERGY
10:30am
Networking Refreshment Break 11:00am – 12:30pm
SESSION 9: UTILITY & CORPORATE PERSPECTIVES
By popular demand, we have altered the structure of this session! Institutional investors will sit alongside venture capitalists and examine the difference in their approaches and perspectives. Topics to be considered include:
In this session, speakers representing the energy sector will discuss the evolution of clean energy strategies in the US. As regulatory pressures and strategic priorities evolve, how are key players in the sector responding to the threats and opportunities that the current market presents? Chair: Co-Chair:
Katie McGinty, Partner, Element Capital Edwin Feo, Partner, Milbank
Chair:
Ira Ehrenpreis, General Partner, Technology Partners
Co-Chair:
Ken Locklin, Director Finance & Investment, Clean Energy Group
Speakers:
Speakers:
Don Paul, Executive Director, University of Southern California Energy Institute David Crane, President & CEO, NRG Energy 12:30pm
Networking Lunch
1:45pm – 3:15pm
SESSION 10: CEO INSIGHTS Hear straight from the top tier in this new session for REFF-Wall Street. Leading renewable energy CEOs will outline how they have achieved success over the last year and what they are expecting to see from the industry over coming months. Key questions that will be answered include:
Institutional investor attitudes Early stage venture capital, later stage and expansion venture capital and private equity Mergers and acquisitions and IPO market developments Global equity markets – investing in publicly-traded cleantech/renewable energy companies
Jeffrey Holzschuh, Vice Chairman, Morgan Stanley Mark Nydam, Managing Director, Cleantech Investment Practice, PCG Asset Management Nancy Floyd, Founder & Managing Director, Nth Power Neil Auerbach, Founder and Co-Managing Partner, Hudson Clean Energy Partners Doug Kimmelman, Senior Partner, Energy Capital Partners Dr. Thomas Rüschen, Global Head Asset Finance & Leasing, Deutsche Bank
4:45pm
Closing remarks Gerard Strahan, Managing Director, Euromoney Energy Events
Michael Eckhart, President, ACORE 5:00pm
Close of REFF-Wall Street 2010
What do you see as the major challenges facing the renewable energy industry at the moment? How have you responded to the difficult economic climate over the last 18 months? What do you see as the most significant opportunities for renewable energy companies and investors over the next year?
Vijay Vaitheeswaran, Energy Correspondent, The Economist
Chair:
Speakers:
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Peter Duprey, President, Acciona North America John Woolard, Chief Executive Officer, Bright Source Arno Harris, CEO, Recurrent Energy Jeff Broin, CEO, Poet Michael Polsky, CEO, Invenergy*
© Copyright 2010 Euromoney Energy Events and ACORE Program subject to change without notice *Subject to Final Confirmation
“A great way to meet the people who are at the forefront of shaping the new energy economy.” Paul Detering, Tioga Energy
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”
SPONSORSHIP & EXHIBITION OPPORTUNITIES AT REFF-WALL STREET Promote your organization at North America’s premier renewable energy finance conference Sponsorship at REFF-Wall Street offers you significant brand exposure to a top-level audience. Over 70% of delegates are CEO/CFO/MD/Partner level. Our delegates are industry leaders that come from the financial sector, the energy industry and professional services. Over the last 7 years, REFF-Wall Street has established itself as the ‘must-attend’ event for the renewable energy finance sector. Join us and… • Network with industry decision makers • Generate new business • Strengthen your position in the market • Meet new and existing clients • Update the industry with new developments • Mark a company milestone or anniversary
All sponsorship packages are bespoke and can be customized to meet your business objectives. For further information and to receive a detailed sponsorship prospectus, please contact: Chris White, Commercial Manager Euromoney Energy Events, Tel: +44 20 7779 8917 Email: cwhite@euromoneyplc.com Or Thomas Weirich, Vice President of Membership & Corporate Relations, ACORE, Tel: +1 202 777 7582 Email: weirich@acore.org
More than 700 delegates in 2009
Sponsorship options available include: • Exclusive Platinum Sponsor • Gold, Silver & Bronze Sponsorships • Opening Reception at Cipriani Wall Street • Main Evening Reception at Café St. Barts • Document Download Center Gold sponsor
Silver sponsors
Reception Sponsors
Delegate Bag Sponsor
USB Stick Sponsor
Networking Breakfast Sponsor
Carbon Offset Sponsor
Stationery Sponsor
EXHIBIT AT REFF-WALL STREET Reserve a booth in a prime networking location, allowing you to meet and distribute your promotional material to all the delegates. Limited all-inclusive packages are available.
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Gold sponsor
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For the th time, America’s leading conference for renewable energy financiers and developers returns to New York
Co-Organizers:
Silver sponsors www.euromoneyenergy.com
Over 700 Participants in 2009 Networking Breakfast Sponsor
EARLY BIRD SAVE $300 Register by May 14, 2010
Reception Sponsors
Conference Sponsors
Carbon Offset Sponsor
7th Renewable Energy Finance Forum – Wall Street - June 29-30, 2010 - The Waldorf=Astoria, New York 3 EASY WAYS TO REGISTER
Website: www.reffwallstreet.com
Telephone: (UK) +44 20 7779 8999 (US) +1 212 224 3570
Email: energyevents@euromoneyplc.com Commercial Rates (please tick appropriate box)
Delegates per Organization
Regular
1st
$2295
$1995
$2045
$1745
2nd-4th
$2045
$1745
$1795
$1495
5th+
$1795
$1495
$1595
$1245
Standard Early Bird
ACORE Members Early Bird Regular
By 14 May 2010
By 14 May 2010
Government, Academic and Non-Profit Rates* Standard
$1295
ACORE Members
$995
* Early Bird and multiple booking discounts do not apply to these rates
Brochure code
Please photocopy this form for multiple bookings
Delegate details Mr/Mrs/Ms ________ Name ________________________________________________________________________ Job Title ____________________________________________________________________________________________ Company___________________________________________________________________________________________ Tel ____________________________________________ Email _______________________________________________
Accommodation is available at the Waldorf=Astoria Hotel at the special rate of $289 plus taxes per room per night. To book rooms, please call the toll-free number 1-877-GROUP-WA quoting reference REFFWS10. Alternatively, Alternatively, you can book via the conference website: www.reffwallstreet.com Cannot attend? Please pass this brochure onto a colleague or you can purchase the documentation material for $600. A full refund (less 10% administration charge) is available for cancellations received in writing by May 28, 2010. You will be liable for the full conference fee after this date. However, a substitute delegate may attend in your place at no extra charge, provided you notify us in writing before the event. Registrations received after May 28, 2010 are non-refundable. Please note: Delegate passes are for use by one person only. The swapping of badges will not be permitted.