Wind Risk Management And Mitigation Conference

Forum Day 2: Thursday 5 February 2015

Registration And Morning Refreshments 


Chair's Opening Remarks 

Miguel Morales , Vice President, Santander Global Banking and Markets  


Financial Keynote: How Has The Offshore Industry Changed The Financier’s Approach To Risk?

  • What risks have financiers been successful in minimising?
  • Assessing which risks represent a potential future threat to financing wind projects
  • How far does the offshore industry have to advance before its technology is perceived as safe an investment as onshore wind?
Miguel del Río , Vice President Project And Acquisition Finance, Santander Global Banking & Markets 

Project Finance


Offshore Wind: Developing And Building Investment Strategies

  • Insight into what the Green Investment Bank has achieved in the financing of projects in the UK offshore wind sector
  • How this work dovetails with the new £1 billion fund to acquire equity stakes in operational offshore projects 
  • What are the major challenges currently facing the financing market for offshore wind?
  • Analysing how the market could evolve by 2020 

Nick Gardiner,  Managing Director Offshore Wind, Green Investment Bank 


Networking Break And Morning Refreshments 


Joint Presentation: Early Evaluation Of Project Feasibility In Meeting Bank Requirements

  • Looking at risk involved in the construction and operation financing 
  • What are banks specifically looking for in a project?
  • Ensuring sufficient risk allocation and mitigation to avoid delays at the financing stage
  • How can you reach an agreement with banks without jeopardising the overall project success?

Amit Dewan, Managing Director, UniCredit Bank 

Roberto Castiglioni,  Investment Director,  Ingenious Clean Energy


Assessing The Impact Of Weather Risk On Cash Flow 

  • What does it mean to an investor if the wind study and the real yield do not match? 
  • What is the effect of wind volatility on the return? 

Thorsten Schulz,  Investment Manager,  Aravis


Networking Lunch 


Panel Discussion: From Pre-Construction To Decommissioning: Where Do Insurance, Contractors And Developers Stand?

  • Creating a synergy among stakeholders to achieve cost reduction across the board
  • Determining stakeholder involvement at every stage and roles during O&M activities  
  • Assessing offshore investment potential and how to widen the market capacity

Participants include:

Nick Williams , Power Originator, Centrica

Dan Gumsley,  Insurance Manager,  Vattenfall 


Networking Break And Afternoon Refreshments


Achieving Project Bankability Through Effective Financial Modelling

  • Insight into what banks typically require in a financial model to mitigate risk
  • How the project finance debt quantum is typically determined 
  • Scenarios and sensitivities for risk assessment
  • Due diligence and risk mitigation – model assurance 

Andy Hucknall, Director - Financial Model Assurance, BDO LLP


EPC Contracts And Liabilities Among Providers

  • What outcomes would an EPC model have on a project?
  • What is your redundancy in EPC contracts?
  • Analysing your equity structure
Kurt Thomsen, Head Of Global Sales, C-Wind 


Chair’s Closing Remarks


Close Of Forum 

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Etc Venues

One Drummond Gate



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