This two-day Renewable Energy Hedging from A to Z Virtual Master Class will define and describe renewable energy hedges, examine in-depth each major component of a renewable energy hedge, and explain the reasoning behind each component.
Attendees will take a deep dive into prevailing market trends in balancing the needs of offtaker, project and project lenders/financers and learn how market uncertainty might impact valuations. Taught by experienced active practitioners, this class will assess interparty and collateral risks and examine what offtakers are looking for in pricing structures and what risks they are willing to take.
This is your opportunity to learn the contractual framework and nuances involved in hedging, and the financing of such bespoke instruments with today’s most current practices. The intensive curriculum will reflect the interests, concerns, and requirements of all participants in a renewable energy hedge, and give attendees a working knowledge of hedge structures and risk mitigation strategies.
The entire discussion will be underpinned by contemporary real-world examples to illustrate the details.
Virtual Office Hours
Live Discussion and Q&A
Everything You Ever Wanted to Know About Hedges but Were too Afraid to Ask!
Live Q&A and discussion following each session
November 5, 2020 | 8:45 AM - 4:00 PM PST
|Session 1: Hedge Finance for Energy Projects - Why Hedging is Big in Today's Market
|Session 2: Key Terms in Renewable Energy Hedges
|Session 3: Assessing & Mitigating Basis Risk
|Session 4: Hedging in Renewable Financing: How the Hedge Piece Fits into the Overall Financings
November 6, 2020 | 9:00 AM - 2:00 PM PST
|Session 5: Beyond the Basics: Typical Hedge Features and Calculations
|Session 6: Understanding and Protecting Collateral and Interparty Rights
|Session 7: Understanding Risk Tolerance in Today’s Market
|Session 8: Recap: Top Issues and Focuses for Renewable Energy Hedges
Click here to view the full agenda
(Agenda subject to revisions)
Dan Lynch’s practice encompasses derivative transactions, project finance and development, battery storage agreements, energy marketing and trading, renewable energy and M&A.
Dan regularly advises on purchase and sale agreements of large portfolio investments and single project companies. His experience also includes master agreements and credit support documents.
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Director, Power Industry Specialist
AKIN GUMP STRAUSS HAUER & FELD LLP
Senior Vice President - Renewable Energy
Energy Market Manager, Market Operations & Risk Management
Senior Managing Director
Carl is the global industry approver for all Power and Alternative Energy transactions that also require credit approval, which includes corporate lending, debt underwriting and bridge facilities, project financing, tax equity and power-related hedging transactions.
His role is to assist originators with due diligence, financial projections and valuation, maintain an active dialogue with industry consultants, and advise credit approvers on industry-related technical, regulatory and market risks.
Carl is also a senior corporate banker in Citi’s Power and Alternative Energy group. His clients have included wind and solar developer/owners, solar manufacturers and independent power producers.
Carl has been with Citi for over 25 years. His experience includes Structured Finance origination and Risk Management prior to joining Power in 2011. He is based in New York.
Bob Simmons is Senior Managing Director for the firm and responsible for developing Marathon’s suite of advisory products and services to owners and operators of power generation assets as well as expanding Marathon’s business into infrastructure and other asset classes.
Mr. Simmons has held various positions in sell-side and buy-side capacities as an investment banker and principal investor in the electric power sector. He was Founding Partner and Executive Partner at Panda Power Funds, and held various roles including Chief Financial Officer, Treasurer, Chief Compliance Officer and Member of the Investment and Valuation Committees. At Panda, he was responsible for raising $6 billion in total capital for Panda’s most recent projects across PJM and ERCOT. He previously held positions as Managing Director with Deutsche Bank, and Vice President with Swiss Bank Corporation and Citibank.
Jeff Cohen represents a wide range of lenders, developers and investors in the development, financing, acquisition and disposition of large-scale infrastructure projects and energy projects, including renewable energy, telecommunications and emerging technology.
Bio coming soon...
Bio coming soon...