20 November 2024
Plenary day 2

Morning Run

Start your day right with a light jog! Join the Proximo team for a morning run along the beautiful Colorado River.

We will be meeting in the lobby of the Hyatt Regency at 7:20 for a 7:30 leaving time - we can't wait to run with you! 

Plenary day 2

Cosmic Shift: The changing face of the American Utility

Steve Martz
Vice President, Integrated Planning,
Xcel Energy
John Jones
CEO,
R3 Renewables
Timothy Heinle
EVP, Business Development,
OCI Energy
Moderator
Furrukh Memon
Managing Director, Energy, Infrastructure & Transition, Global Investment Banking,
CIBC Capital Markets

A measured change, US utilities have continuously faced pressure to move towards more renewable sources of energy for their customers while handling their mandates for affordability and reliability.

  •  How are utilities responding to stakeholder and governmental incentives towards renewable and decarbonization assets? 

  • What structures within the energy market need to reform to drive progress? 

  • Do IPPs have the capacity to help utilities deal with the heavy carbon emissions or are utilities having to tackle them solo?

Plenary day 2

Filling the capital stack: Optimal distribution strategies for debt

Navid Shahidinejad
Senior Underwriter,
AXA XL
Tanja van der Woude
Managing Director, Energy & Energy Transition,
ING Capital
Rainer Kraft
Managing Director- Head of Loan Syndications,
CIBC Capital Markets
Moderator
Ben Roberts
President, Americas,
Texel Finance Ltd.

This panel looks at the best structures, strategies and markets for selling down debt and tax equity. Our group of specialists will talk about ways of ensuring the best reception for your project in capital markets.

  • What markets remain the most receptive to power, renewables and transition assets?

  • What structures should sponsors look at most carefully - and what might make a sell-down more challenging?

  • To what extent can credit insurance be a part of debt distribution strategies?

  • What signs of convergence are there between post-IRA tax equity and debt markets?

Plenary day 2

Networking Break

📷 Does your LinkedIn need a refresh? Haven't updated your headshot in a while? come to our LinkedIn Headshot Photobooth! Our lovely photographer would be happy to take your headshot and send them to you post event

Plenary day 2

Do investors dream of electric cars?: EVs and the path to scale

Michael Lumbley
Co-Founder and VP of Corporate Development,
Rove Charging
Danita Park
Advisor,
Independent Advisor
Aatish Patel
Co-Founder/President XCharge North America, COO XCharge Group,
XCharge
Moderator
Jason Cortes
Vice President, Market Development,
Field Advantage

With over 2 million electric vehicles on the road in the US, the demand for charging infrastructure has grown exponentially across the country; presenting a huge opportunity for investors willing to take the risk. But between a lack of standardization, non user friendly charging stations and at times unreliable infrastructure, how can developers look to mitigate those risks and create ideal returns for their shareholders? 

  • What financing structures best lend themselves to EV charging infrastructure and fleet buildout?

  • Best practices in working with utilities to get your fleet up and running

  • What opportunities around standardization for charging infrastructure can be made and how will it be able to make EVs more accessible to all?

Plenary day 2

Stellar Collision: Mergers & Acquisitions in a high interest market

Shalin Parikh
Managing Director,
EIG
Ali Mirza
Head of Structured Finance and M&A,
Total Energies Renewables USA
Josh Bellet
Managing Director,
Ares Management
Leonid Mednik
M&A Project Director,
Ferrovial
Moderator
Bryan Carlson
Managing Director, Head of M&A,
Santander Corporate & Investment Banking

Now that the wave of platform buyouts has subsided, many younger developers are looking towards securing growth capital and divesting themselves of assets that are less likely to make it into financial close; focusing energies on the strongest projects. What know-how and strategies will developers and funds alike need to employ, and what can we expect for this market heading into 2025? 

  • Lay of the land - who is buying and what are you seeking in new acquisitions? 
  • To what extent have debt market conditions influenced the pace of M&A activity?
  • Have valuations for assets changed drastically in the last year? Do you expect to see any large fluctuations by the end of 2024?
19 November 2024
Power & Renewables

Registration & Networking Breakfast

Join us for a delightful Networking Breakfast, where connections are fostered over coffee and conversation, setting the perfect tone for a day of collaboration and discovery! Grab your badge and say hello to peers and colleagues alike, and welcome to Proximo's US Power, Renewables and Energy Transition event! 

Transition & Decarbonization

Women's Networking Breakfast

Please join us for a morning of networking with your fellow attendees as you get ready and fuel up for the day! Our Women's Networking Breakfast is a great way to start the event with friendly faces new and familiar

All are welcome! 

In association with

Women's Infrastructure Network - NY

Power & Renewables

Welcome Remarks and Proximo Data Presentation

Welcome to Proximo’s US Power, Renewables and Energy Transition event! Our team kicks off this year’s program with market analysis of trends and expectations for 2025

Power & Renewables

Hotseat in the C-Suite

Tim Short
Managing Partner,
Acadia Infrastructure Capital
Adam Barsky
Executive Vice President, Chief Financial Officer,
New York Power Authority
Moderator
Michael Whalen
Managing Director,
Berkeley Research Group LLC

Proximo has gathered C-Suite level execs across the energy spectrum for a series of back-to-back interviews taking place on the main plenary stage! We’ll grill them on how they are looking to remain resilient in the face of the rising cost of capital, increased concern over climate change, and approach the energy transition

Power & Renewables

The value of a dollar is where you put it: Capital transformation

Elle Brunsdale
Vice President,
Greenbacker Capital
Dries Bruyland
Head of US Renewables,
Nuveen
Meghan Schultz
Chief Financial Officer,
Invenergy
Saurabh Anand
Managing Director,
Carlyle
Moderator
Jennifer Wnek
Partner,
DLA Piper

Lenders and equity alike must balance the ever present question - where are we putting our stakeholders’ money and why? A question that takes even more precedence in this global energy transition where shareholders have a vested interest in ensuring expected returns and delivering on reliable energy resources. 

  • Review of the current capital environment - what does this signal for project development and performance?

  • If interest rates are staying on the path of higher-for-longer, what does it mean for the rise of private capital in the sector? 

  • How can lenders navigate the (at times) incompatibility between reliable conventional assets and their associated reliable returns, and the mandate for green energy?

Power & Renewables

Tax Credits make the Energy World go ‘Round

Jerry Smith
Managing Director - Head of Tax Insurance,
Atlantic
Stephanie Caragher
Partner,
CohnReznick
Rob Parker
Chief Commercial Officer,
Crux
David Haug
CEO,
Bildmore Clean Energy
Moderator
Amanda Rosenberg
Partner,
Willkie Farr & Gallagher

Do you really know all there is to know about capitalizing on the Inflation Reduction Act? Our panel of experts will dissect the ins and outs of the current tax credit market, and the best strategies in stacking credits for your projects!

- What investment structures are turning out most popular to replace traditional tax equity to enhance sponsor returns?

- How is tax credit insurance emerging to overcome IRA challenges and level the playing field between large established developers and newer developers?”

Power & Renewables
Power & Renewables

Interstellar pathways: Unlocking Transmission

Brindavani Malladi
Vice President, Transmission and Interconnection,
Arevon Energy
Chris Moscardelli
Chief Financial Officer,
SOO Green
Alex Nouvakhov
Senior Director,
Fitch Ratings
Amanda Flores
Project Development Director,
Grid United
Moderator
Tom Nelthorpe
Editor at large,
Exile Group

Transmission; the main blockade in realizing our renewable energy future, is all tied up in the kinked lines of Transmission. Between interconnection queues and permitting setbacks, all developers have faced challenges getting their power to their buyers. How can we manage this risk and what can be expected for new hopefuls trying to get on the grid in the next year?

  • ISO update: how are different operators approaching issues with intermittency and resiliency, while still providing enough room for new generators to come online? 

  • Update on National Interest Electric Transmission Corridors (NIETCs)

  • Assessing high-value areas for new transmission across the country

Transition & Decarbonization

Astronomer's Guide: Decarbonization

J.B. Oldenburg
Managing Director,
Quantum Capital Group
Vikram Dhawan
Director,
EQT Partners
Rakesh Shankar
Partner, NextGen,
Antin Infrastructure Partners
William Zipf
Vice President, Development,
JERA Americas
Moderator
Jenny Brusgul
Sustainability Advisory Practice Leader,
CohnReznick

No longer a conversation for dreamers, energy transition and decarbonization now take center stage for funds and developers alike. But where are the sticking points of getting a decarbonization focused project through development and financing? 

  • How does resiliency impact the viability of clean-energy and other decarbonization projects?

  • The need to update infrastructure to support decarbonization goals

  • Accessing tax credits, federal funding and attracting investors - demystifying the track to financial close

Power & Renewables

Data Centers and the Future of Demand

John Day
Chief Commercial Officer,
CleanArc Data Centers
Krudo DeJesus
Director,
Bechtel
Luisa Fuentes
Managing Director - Head of Energy Transition And Sustainable Finance,
CIBC Capital Markets
Alain Halimi
Managing Director,
Nomura
Moderator
Darrel Koo
Director, Analytics,
Orennia
  • What are the major components of scaling power infrastructure to meet current power needs?
  • How serious is the potential for an AI driven power bubble, where rapid investments might lead to overcapacity or inefficiencies?
  • New technologies and strategies improving baseline efficiencies for Data Centers

Transition & Decarbonization

Grid Stability & Resiliency : Battery Storage

Matthew Kozey
CEO,
Arena Renewables
Jacqueline DeRosa
Vice President - Energy Storage Systems,
Ameresco
Marek Tadeusz Wolek
VP, Global Strategy and Partnerships,
Fluence
Kevin Hanson
Vice President of Markets,
Black Mountain Energy Storage
Moderator
Quentin Scrimshire
Chief Executive Officer,
Modo Energy

Battery storage capacity continues to grow, with more battery farms and systems coming online to support new builds of renewable energy and bridge the gap for intermittent resources. What is the state of current grid an interconnection and what needs to be updated both form a technology and regulatory policy perspective? What technologies can best support grid infrastructure? 

  • What new technologies are driving the BESS sector? Analysis of non-lithium iron batteries and implications of long duration capabilities
  • Other than capital or demand, what constraints exist on growth in the energy storage space?
  • What opportunities do virtual power plants provide in terms of long interconnection queues and meeting near-term energy needs?

Power & Renewables
Power & Renewables

Around the Sun: Solar

Adeeti Amin
Senior Director,
KBRA
Vince O'Hara
Managing Director,
Silicon Valley Bank
Scott Fleckner
Senior Vice President, Capital Markets,
Summit Ridge Energy
Brian Callaway
Chief Financial Officer,
Copia Power
Moderator
Paul J. Astolfi
Co-Head , Global Projects and Infrastructure Group,
Mayer Brown

At nearly 900 B kWh and over 21% of the energy mix in the US, Solar still tops the charts for new build renewables across the country. Our panel explores the next set of hurdles that Solar is facing - higher demand, manufacturing credits, and solar panel tariffs, all which present positives and potential headwinds for the industry. 

  • Where are appetites for solar centralized? Solar + Storage? C&I? Community? 

  • Mitigation strategies in terms of procurement risks that developers continue to face

  • Managing cost increases to keep projects fiscally viable

Transition & Decarbonization

New nebula: Green fuels

Patricia Holzmann
Director Strategic Ventures,
Mitsubishi Power Americas
Pablo Gottfried
Director, Business Development, Mexico,
Pattern Energy
Macgill James
VP - Business Development,
TES - H2
Moderator
Lee Van Atta
Vice President,
Leidos

Hydrogen and Ammonia continue to excite the decarb markets, focused on tangible pathways to achieve steady, green energy for industrial and agricultural use. While the excitement is clear, the path to financial close is not. Our panel discusses

  • Qualifying for 45V Clean Hydrogen Production Tax Credit

  • How is hydrogen surviving regulatory hurdles  and approaching commercialization? 

  • Hydrogen is currently shaky ground for offtakers but the logistics have advanced a lot the need for partnerships- offtaker and government buy-in on projects 

  • Finding global standardization for incentives - what qualifies where and why?

Power & Renewables

Galactic opportunities: US offshore wind

Dora O'Donoghue
Head & VP - Partnerships and Transactions, Americas,
RWE
Patrick Gjelstrup Rosenquist
Director, Head of New Energy, PtX & CCUS Origination,
EIFO Export and Investment Fund of Denmark
Louise Pesce
Managing Director, Project Finance,
MUFG
Moderator
Tom Nelthorpe
Editor at large,
Exile Group

Has the time come? Policy buildout and timeline, what opportunities and additionality can offshore wind provide to coastal communities?

  • Review of current pipeline & approval process for offshore projects

  • What is next for interconnection and transmission for Northeastern projects?

  • Golden Coast with golden opportunities? Development and appetite for Pacific floating offshore wind

Transition & Decarbonization

Rocketing ahead: The path to commercialization for new technologies

Anthony Catachanas
Founding Partner & CEO,
Tower Peak Partners LLP
Nate Collamer
VP Capital Management,
8 Rivers
James Blake
Director, Catalyst,
Breakthrough Energy

Industrial and agricultural sectors are major emitters of CO2 and methane globally. This panel explores new technologies and financing structures that allow investors to capitalize on decarbonizing these sectors to help create a cleaner, more efficient energy future. 

  • What asset classes provide the most direct path to maximize returns towards decarbonization? 

  • What financial structures best lend themselves to these types of deals? 

  • What new technologies are proving to be the most promising for new investment and development?

Power & Renewables
Power & Renewables

Every Star Needs a Fuel Source: Debt Markets in Focus

Steve Plake
Partner,
Riverside Risk Advisors
Nick Violandi
Senior Director,
Manulife
Alberto Garcia
Managing Director, Sustainable Infrastructure Credit,
Denham Capital
Carmelo Restifo
Managing Director - Project Finance,
MUFG
Moderator
Robert Freedman
Partner,
Paul Hastings LLP

The current interest rate environment continues to squeeze the markets' availability for new projects. This panel of top lenders evaluates risks and identifies opportunities for new buildout across the states. We will cover:

  • Is this market crowded in liquidity in comparison to the available opportunities?

  • Lenderto project matchmaking - what challenges are lenders facing when trying to meet their client’s needs? 

  • Growth of private credit - is private credit a threat to the Private placement market?

Power & Renewables

Comets vs Asteroids: Proximo's Family Feud

Margaret Osmulski
Principal,
Ares Management
Julian Malakorn
Director,
Vantage Infrastructure
Mark Liu
Principal,
I Squared Capital
Andy Israelson
SVP Strategic Origination,
Convergent Energy + Power
Chris Moscardelli
Chief Financial Officer,
SOO Green
Brittany Newsome
Real Estate Council,
Clearway Energy Group
Filipe Cunha
Director, Infrastructure & Project Finance,
MetLife Investment Management
Moderator
Douglas Lavelle
Managing Director,
Wilmington Trust

Family Feud takes to the Proximo stage, providing lively debate on top trends and survey answers in the market! Fueled by Proximo Data, topics will range all over the market, from pricing on specific assets all the way through to big picture questions on the trajectory of the power markets over the next 5 years! Pick up your buzzer and join the fun!  

Power & Renewables
18 November 2024
Stream

Tax Credit Monetization Strategies Workshop

Mark McTigue
Managing Director– Tax Insurance Specialist, Marsh Specialty,
Marsh
Dorian Hunt
Partner, Head of Renewable Energy,
Leo Berwick
Shariff Barakat
Partner,
Akin
Antony Joyce
SVP, Tax Insurance Specialist,
Marsh

 Please register to attend  here

Join our expert-led workshop for an interactive discussion of latest developments, trends and best practices to help kick off the event! Within this two-hour session, you’ll hear from, and engage with, professionals who amongst them see almost every transaction in the market. We will be exploring major themes in: 

-  Tax equity (how have these transactions changed since the introduction of transferability)

-  Transferability, including decision analytics, preferred equity structures and valuation questions [for example, the fair market value of the project considering developer markups, if any]

-  Direct pay Recapture risk Tax risk management 

This workshop will equip you with actionable insights and practical tools to maximize your financial returns and accelerate your projects. Don’t miss this opportunity to enhance your strategies and connect with your peers in advance of the event!  

Thanks to our sponsors:

Stream

Ghost Walking Tour

Join us on to see some of the spooky sites of Austin!
Meeting Time: 5:00pm
Meeting Location: Hyatt Regency Austin Lobby  
The walking tour will end at 7:00pm at the Stay Put!
CONFIRMED GUESTS ONLY

Stream

Ice Breaker Reception

Location: The Stay Put - 73 Rainey St, Austin, TX 78701, United States
Time: 7:00pm - 9:00pm
RSVP Here

Stream

Tax Credit Monetization Strategies Workshop

Mark McTigue
Managing Director– Tax Insurance Specialist, Marsh Specialty,
Marsh
Dorian Hunt
Partner, Head of Renewable Energy,
Leo Berwick
Shariff Barakat
Partner,
Akin
Antony Joyce
SVP, Tax Insurance Specialist,
Marsh

 Please register to attend  here

Join our expert-led workshop for an interactive discussion of latest developments, trends and best practices to help kick off the event! Within this two-hour session, you’ll hear from, and engage with, professionals who amongst them see almost every transaction in the market. We will be exploring major themes in: 

-  Tax equity (how have these transactions changed since the introduction of transferability)

-  Transferability, including decision analytics, preferred equity structures and valuation questions [for example, the fair market value of the project considering developer markups, if any]

-  Direct pay Recapture risk Tax risk management 

This workshop will equip you with actionable insights and practical tools to maximize your financial returns and accelerate your projects. Don’t miss this opportunity to enhance your strategies and connect with your peers in advance of the event!  

Thanks to our sponsors:

Stream

Ghost Walking Tour

Join us on to see some of the spooky sites of Austin!
Meeting Time: 5:00pm
Meeting Location: Hyatt Regency Austin Lobby  
The walking tour will end at 7:00pm at the Stay Put!
CONFIRMED GUESTS ONLY

Stream

Ice Breaker Reception

Location: The Stay Put - 73 Rainey St, Austin, TX 78701, United States
Time: 7:00pm - 9:00pm
RSVP Here

Power & Renewables

Registration & Networking Breakfast

Join us for a delightful Networking Breakfast, where connections are fostered over coffee and conversation, setting the perfect tone for a day of collaboration and discovery! Grab your badge and say hello to peers and colleagues alike, and welcome to Proximo's US Power, Renewables and Energy Transition event! 

Transition & Decarbonization

Women's Networking Breakfast

Please join us for a morning of networking with your fellow attendees as you get ready and fuel up for the day! Our Women's Networking Breakfast is a great way to start the event with friendly faces new and familiar

All are welcome! 

In association with

Women's Infrastructure Network - NY

Power & Renewables

Welcome Remarks and Proximo Data Presentation

Welcome to Proximo’s US Power, Renewables and Energy Transition event! Our team kicks off this year’s program with market analysis of trends and expectations for 2025

Power & Renewables

Hotseat in the C-Suite

Tim Short
Managing Partner,
Acadia Infrastructure Capital
Adam Barsky
Executive Vice President, Chief Financial Officer,
New York Power Authority
Moderator
Michael Whalen
Managing Director,
Berkeley Research Group LLC

Proximo has gathered C-Suite level execs across the energy spectrum for a series of back-to-back interviews taking place on the main plenary stage! We’ll grill them on how they are looking to remain resilient in the face of the rising cost of capital, increased concern over climate change, and approach the energy transition

Power & Renewables

The value of a dollar is where you put it: Capital transformation

Elle Brunsdale
Vice President,
Greenbacker Capital
Dries Bruyland
Head of US Renewables,
Nuveen
Meghan Schultz
Chief Financial Officer,
Invenergy
Saurabh Anand
Managing Director,
Carlyle
Moderator
Jennifer Wnek
Partner,
DLA Piper

Lenders and equity alike must balance the ever present question - where are we putting our stakeholders’ money and why? A question that takes even more precedence in this global energy transition where shareholders have a vested interest in ensuring expected returns and delivering on reliable energy resources. 

  • Review of the current capital environment - what does this signal for project development and performance?

  • If interest rates are staying on the path of higher-for-longer, what does it mean for the rise of private capital in the sector? 

  • How can lenders navigate the (at times) incompatibility between reliable conventional assets and their associated reliable returns, and the mandate for green energy?

Power & Renewables

Tax Credits make the Energy World go ‘Round

Jerry Smith
Managing Director - Head of Tax Insurance,
Atlantic
Stephanie Caragher
Partner,
CohnReznick
Rob Parker
Chief Commercial Officer,
Crux
David Haug
CEO,
Bildmore Clean Energy
Moderator
Amanda Rosenberg
Partner,
Willkie Farr & Gallagher

Do you really know all there is to know about capitalizing on the Inflation Reduction Act? Our panel of experts will dissect the ins and outs of the current tax credit market, and the best strategies in stacking credits for your projects!

- What investment structures are turning out most popular to replace traditional tax equity to enhance sponsor returns?

- How is tax credit insurance emerging to overcome IRA challenges and level the playing field between large established developers and newer developers?”

Power & Renewables
Power & Renewables

Interstellar pathways: Unlocking Transmission

Brindavani Malladi
Vice President, Transmission and Interconnection,
Arevon Energy
Chris Moscardelli
Chief Financial Officer,
SOO Green
Alex Nouvakhov
Senior Director,
Fitch Ratings
Amanda Flores
Project Development Director,
Grid United
Moderator
Tom Nelthorpe
Editor at large,
Exile Group

Transmission; the main blockade in realizing our renewable energy future, is all tied up in the kinked lines of Transmission. Between interconnection queues and permitting setbacks, all developers have faced challenges getting their power to their buyers. How can we manage this risk and what can be expected for new hopefuls trying to get on the grid in the next year?

  • ISO update: how are different operators approaching issues with intermittency and resiliency, while still providing enough room for new generators to come online? 

  • Update on National Interest Electric Transmission Corridors (NIETCs)

  • Assessing high-value areas for new transmission across the country

Transition & Decarbonization

Astronomer's Guide: Decarbonization

J.B. Oldenburg
Managing Director,
Quantum Capital Group
Vikram Dhawan
Director,
EQT Partners
Rakesh Shankar
Partner, NextGen,
Antin Infrastructure Partners
William Zipf
Vice President, Development,
JERA Americas
Moderator
Jenny Brusgul
Sustainability Advisory Practice Leader,
CohnReznick

No longer a conversation for dreamers, energy transition and decarbonization now take center stage for funds and developers alike. But where are the sticking points of getting a decarbonization focused project through development and financing? 

  • How does resiliency impact the viability of clean-energy and other decarbonization projects?

  • The need to update infrastructure to support decarbonization goals

  • Accessing tax credits, federal funding and attracting investors - demystifying the track to financial close

Power & Renewables

Data Centers and the Future of Demand

John Day
Chief Commercial Officer,
CleanArc Data Centers
Krudo DeJesus
Director,
Bechtel
Luisa Fuentes
Managing Director - Head of Energy Transition And Sustainable Finance,
CIBC Capital Markets
Alain Halimi
Managing Director,
Nomura
Moderator
Darrel Koo
Director, Analytics,
Orennia
  • What are the major components of scaling power infrastructure to meet current power needs?
  • How serious is the potential for an AI driven power bubble, where rapid investments might lead to overcapacity or inefficiencies?
  • New technologies and strategies improving baseline efficiencies for Data Centers

Transition & Decarbonization

Grid Stability & Resiliency : Battery Storage

Matthew Kozey
CEO,
Arena Renewables
Jacqueline DeRosa
Vice President - Energy Storage Systems,
Ameresco
Marek Tadeusz Wolek
VP, Global Strategy and Partnerships,
Fluence
Kevin Hanson
Vice President of Markets,
Black Mountain Energy Storage
Moderator
Quentin Scrimshire
Chief Executive Officer,
Modo Energy

Battery storage capacity continues to grow, with more battery farms and systems coming online to support new builds of renewable energy and bridge the gap for intermittent resources. What is the state of current grid an interconnection and what needs to be updated both form a technology and regulatory policy perspective? What technologies can best support grid infrastructure? 

  • What new technologies are driving the BESS sector? Analysis of non-lithium iron batteries and implications of long duration capabilities
  • Other than capital or demand, what constraints exist on growth in the energy storage space?
  • What opportunities do virtual power plants provide in terms of long interconnection queues and meeting near-term energy needs?

Power & Renewables
Power & Renewables

Around the Sun: Solar

Adeeti Amin
Senior Director,
KBRA
Vince O'Hara
Managing Director,
Silicon Valley Bank
Scott Fleckner
Senior Vice President, Capital Markets,
Summit Ridge Energy
Brian Callaway
Chief Financial Officer,
Copia Power
Moderator
Paul J. Astolfi
Co-Head , Global Projects and Infrastructure Group,
Mayer Brown

At nearly 900 B kWh and over 21% of the energy mix in the US, Solar still tops the charts for new build renewables across the country. Our panel explores the next set of hurdles that Solar is facing - higher demand, manufacturing credits, and solar panel tariffs, all which present positives and potential headwinds for the industry. 

  • Where are appetites for solar centralized? Solar + Storage? C&I? Community? 

  • Mitigation strategies in terms of procurement risks that developers continue to face

  • Managing cost increases to keep projects fiscally viable

Transition & Decarbonization

New nebula: Green fuels

Patricia Holzmann
Director Strategic Ventures,
Mitsubishi Power Americas
Pablo Gottfried
Director, Business Development, Mexico,
Pattern Energy
Macgill James
VP - Business Development,
TES - H2
Moderator
Lee Van Atta
Vice President,
Leidos

Hydrogen and Ammonia continue to excite the decarb markets, focused on tangible pathways to achieve steady, green energy for industrial and agricultural use. While the excitement is clear, the path to financial close is not. Our panel discusses

  • Qualifying for 45V Clean Hydrogen Production Tax Credit

  • How is hydrogen surviving regulatory hurdles  and approaching commercialization? 

  • Hydrogen is currently shaky ground for offtakers but the logistics have advanced a lot the need for partnerships- offtaker and government buy-in on projects 

  • Finding global standardization for incentives - what qualifies where and why?

Power & Renewables

Galactic opportunities: US offshore wind

Dora O'Donoghue
Head & VP - Partnerships and Transactions, Americas,
RWE
Patrick Gjelstrup Rosenquist
Director, Head of New Energy, PtX & CCUS Origination,
EIFO Export and Investment Fund of Denmark
Louise Pesce
Managing Director, Project Finance,
MUFG
Moderator
Tom Nelthorpe
Editor at large,
Exile Group

Has the time come? Policy buildout and timeline, what opportunities and additionality can offshore wind provide to coastal communities?

  • Review of current pipeline & approval process for offshore projects

  • What is next for interconnection and transmission for Northeastern projects?

  • Golden Coast with golden opportunities? Development and appetite for Pacific floating offshore wind

Transition & Decarbonization

Rocketing ahead: The path to commercialization for new technologies

Anthony Catachanas
Founding Partner & CEO,
Tower Peak Partners LLP
Nate Collamer
VP Capital Management,
8 Rivers
James Blake
Director, Catalyst,
Breakthrough Energy

Industrial and agricultural sectors are major emitters of CO2 and methane globally. This panel explores new technologies and financing structures that allow investors to capitalize on decarbonizing these sectors to help create a cleaner, more efficient energy future. 

  • What asset classes provide the most direct path to maximize returns towards decarbonization? 

  • What financial structures best lend themselves to these types of deals? 

  • What new technologies are proving to be the most promising for new investment and development?

Power & Renewables
Power & Renewables

Every Star Needs a Fuel Source: Debt Markets in Focus

Steve Plake
Partner,
Riverside Risk Advisors
Nick Violandi
Senior Director,
Manulife
Alberto Garcia
Managing Director, Sustainable Infrastructure Credit,
Denham Capital
Carmelo Restifo
Managing Director - Project Finance,
MUFG
Moderator
Robert Freedman
Partner,
Paul Hastings LLP

The current interest rate environment continues to squeeze the markets' availability for new projects. This panel of top lenders evaluates risks and identifies opportunities for new buildout across the states. We will cover:

  • Is this market crowded in liquidity in comparison to the available opportunities?

  • Lenderto project matchmaking - what challenges are lenders facing when trying to meet their client’s needs? 

  • Growth of private credit - is private credit a threat to the Private placement market?

Power & Renewables

Comets vs Asteroids: Proximo's Family Feud

Margaret Osmulski
Principal,
Ares Management
Julian Malakorn
Director,
Vantage Infrastructure
Mark Liu
Principal,
I Squared Capital
Andy Israelson
SVP Strategic Origination,
Convergent Energy + Power
Chris Moscardelli
Chief Financial Officer,
SOO Green
Brittany Newsome
Real Estate Council,
Clearway Energy Group
Filipe Cunha
Director, Infrastructure & Project Finance,
MetLife Investment Management
Moderator
Douglas Lavelle
Managing Director,
Wilmington Trust

Family Feud takes to the Proximo stage, providing lively debate on top trends and survey answers in the market! Fueled by Proximo Data, topics will range all over the market, from pricing on specific assets all the way through to big picture questions on the trajectory of the power markets over the next 5 years! Pick up your buzzer and join the fun!  

Power & Renewables
Plenary day 2

Morning Run

Start your day right with a light jog! Join the Proximo team for a morning run along the beautiful Colorado River.

We will be meeting in the lobby of the Hyatt Regency at 7:20 for a 7:30 leaving time - we can't wait to run with you! 

Plenary day 2

Cosmic Shift: The changing face of the American Utility

Steve Martz
Vice President, Integrated Planning,
Xcel Energy
John Jones
CEO,
R3 Renewables
Timothy Heinle
EVP, Business Development,
OCI Energy
Moderator
Furrukh Memon
Managing Director, Energy, Infrastructure & Transition, Global Investment Banking,
CIBC Capital Markets

A measured change, US utilities have continuously faced pressure to move towards more renewable sources of energy for their customers while handling their mandates for affordability and reliability.

  •  How are utilities responding to stakeholder and governmental incentives towards renewable and decarbonization assets? 

  • What structures within the energy market need to reform to drive progress? 

  • Do IPPs have the capacity to help utilities deal with the heavy carbon emissions or are utilities having to tackle them solo?

Plenary day 2

Filling the capital stack: Optimal distribution strategies for debt

Navid Shahidinejad
Senior Underwriter,
AXA XL
Tanja van der Woude
Managing Director, Energy & Energy Transition,
ING Capital
Rainer Kraft
Managing Director- Head of Loan Syndications,
CIBC Capital Markets
Moderator
Ben Roberts
President, Americas,
Texel Finance Ltd.

This panel looks at the best structures, strategies and markets for selling down debt and tax equity. Our group of specialists will talk about ways of ensuring the best reception for your project in capital markets.

  • What markets remain the most receptive to power, renewables and transition assets?

  • What structures should sponsors look at most carefully - and what might make a sell-down more challenging?

  • To what extent can credit insurance be a part of debt distribution strategies?

  • What signs of convergence are there between post-IRA tax equity and debt markets?

Plenary day 2

Networking Break

📷 Does your LinkedIn need a refresh? Haven't updated your headshot in a while? come to our LinkedIn Headshot Photobooth! Our lovely photographer would be happy to take your headshot and send them to you post event

Plenary day 2

Do investors dream of electric cars?: EVs and the path to scale

Michael Lumbley
Co-Founder and VP of Corporate Development,
Rove Charging
Danita Park
Advisor,
Independent Advisor
Aatish Patel
Co-Founder/President XCharge North America, COO XCharge Group,
XCharge
Moderator
Jason Cortes
Vice President, Market Development,
Field Advantage

With over 2 million electric vehicles on the road in the US, the demand for charging infrastructure has grown exponentially across the country; presenting a huge opportunity for investors willing to take the risk. But between a lack of standardization, non user friendly charging stations and at times unreliable infrastructure, how can developers look to mitigate those risks and create ideal returns for their shareholders? 

  • What financing structures best lend themselves to EV charging infrastructure and fleet buildout?

  • Best practices in working with utilities to get your fleet up and running

  • What opportunities around standardization for charging infrastructure can be made and how will it be able to make EVs more accessible to all?

Plenary day 2

Stellar Collision: Mergers & Acquisitions in a high interest market

Shalin Parikh
Managing Director,
EIG
Ali Mirza
Head of Structured Finance and M&A,
Total Energies Renewables USA
Josh Bellet
Managing Director,
Ares Management
Leonid Mednik
M&A Project Director,
Ferrovial
Moderator
Bryan Carlson
Managing Director, Head of M&A,
Santander Corporate & Investment Banking

Now that the wave of platform buyouts has subsided, many younger developers are looking towards securing growth capital and divesting themselves of assets that are less likely to make it into financial close; focusing energies on the strongest projects. What know-how and strategies will developers and funds alike need to employ, and what can we expect for this market heading into 2025? 

  • Lay of the land - who is buying and what are you seeking in new acquisitions? 
  • To what extent have debt market conditions influenced the pace of M&A activity?
  • Have valuations for assets changed drastically in the last year? Do you expect to see any large fluctuations by the end of 2024?