Financing wind in emerging countries

Finance

When: Friday, 28 September 2018, 14:45 - 16:00
Where: Room: Hamburg

Session description

Wind power installation trends reveal an interesting and challenging shift. While growth in developed markets is stabilizing or slowing down, deployment volumes in new markets is increasing. A growing number of countries across the world are keen to reap the benefits wind energy offers to their economy and energy system. Investors stand ready to expand their business portfolios beyond the traditional wind markets. But the environment in which they operate is not always ideal. In most new markets they are confronted with significant political uncertainty. And with a lack of stable policies on key issues such as permitting or grid regulation. It’s making projects less bankable and drives up the costs of finance. This session will look at what role financial instruments can have in offsetting risk. It will assess whether existing instruments that are available are sufficient to convince lenders and investors to take the risk over the term of financing. And discuss what more is required to scale up investments in these markets to drive their energy transitions.

Learning objectives

• Which financial instruments have institutions like the IFC, EIB, EBRD and the European Commission on offer?
• What experiences do developers and OEMs have with existing instruments, has it helped them scale up investments in certain markets?
• Which risks are still out there and are not addressed by financial instruments, thereby reducing the potential for project development in new markets?

Session chair

Joël Meggelaars

Head of Advocacy & Messaging , WindEurope

Introduction

Joël Meggelaars

Head of Advocacy & Messaging , WindEurope

Panel Discussion

Bart Dujczynski

Board Member, ROMO Wind, Senior Affiliate FTI Consulting

Dana Younger

Chief Renewable Energy Specialist, IFC (International Finance Corporation)

Heiko Wehrhahn

VP Structured Finance, Vestas Wind Systems A/S

Ranjan Moulik

Managing Director, Power & Renewables Infrastructure, Natixis Corporate & Investment Bank