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Day 1: Tuesday November 6

9.00–9.30 Registration and coffee

9.30–9.40 Chairman Alberto Ceña, Technical Director, AEE opens the conference

Aeronautical engineer, he is now technical Director of the
Spanish Wind Energy Association, (Association of promoters, manufacturers and financial entities) which represents the 85% of the total wind power production in Spain. Previously, he served as Commercial Director of ACCIONA ENERGY, Services Company which promotes, owns and operates CHP and Renewable Energies Projects; President of GEDEON S. COOP, wind turbines manufacturers; and CEO of BEPTE Consultants S.L. He hold different positions in the European Commission, the IDAE (Institute for Energy Saving and Diversification) and the Spanish Ministry for Industry and Energy.

9.40–10.25 Mitigation of Technical Risks for Offshore Wind – Some Recent Experiences.

John Porter, Divisional Director, Mott MacDonald Energy

10.25–10.45 Coffee and tea

10.45–11.30 What happened in project financing in 2006-2007?

• What projects were financed in 2006-2007?
• European jurisdictions?
• Deal highlights?

Simon Currie, Banking & Project lawyer renewables, NortonRose

Simon Currie is a partner in the Norton Rose Energy Projects team in our London office. He focuses on the European wind and wider renewables sector and has worked on financings in the UK, Ireland, France, Germany, Netherland, Italy, Greece, Poland and Cyprus for onshore and offshore farms.

11.30–12.15 What were the financing trends and what drives the market?

• Trends in off shore wind deals?
• Is there any News in the financing area 2006?
• What new players emerged?
• How does the risk and return profile, financing and operations compare among countries in Europe?

Erik Seem, Senior Project Manager HSH Nordbank AG

Eric Seem’s experience includes many years working as an engineer. He has been working for the past 8 years within Project Finance, successfully closing deals in the wind power sector, the power sector, and the infrastructure sector in Denmark, Norway, Poland, the Baltics and Russia as well as a in other countries (Cuba, Ghana, Qatar, Spain, and Iceland). HSH Nordbank’s core business includes a regional focus on North Germany, Northern Europe/Baltic Sea region as “Bank for the North” , a world leadership in ship financing & international focus on the sectors transport, corporate finance & real estate and an expanding position as supplier of complex products (structured finance & asset-backed securities in the international capital markets).

12.15–13.00 Perspective on Turbine Vendors - Bankability, capacity, strategies of established players as well as new entrants

Todd Allmendinger, Managing Director, Emerging Energy Research

Mr. Allmendinger is a founding member of EER and Managing Director of EER's Consulting Services and European practice. His experience includes leading knowledge management and research services at DiamondCluster Consulting in Barcelona, working on strategic consulting assignments at Braun Consulting, and serving as Director of Research at Pyramid Research. He also spent eight years in the United States Navy. Mr. Allmendinger has a Master's degree from The American Graduate School of International Management (Thunderbird), and is conversational in Spanish and Mandarin Chinese. He is based out of EER's Barcelona, Spain office.

13.00–14.00 Lunch

14.00-14.45 Lenders perspective on wind power market

• Current market in debt terms?
• Who are the players and what deals got done?
• What are the sources of debt financing available in the
  market place?

James Berner, Managing Director, GE Energy Financial Services

14.45–15.30 Local condition – global financial

• Growing scale of wind financing?
• Cross boarder activity?
• Bundling of projects?
• Is turbine financing available?

Finton Whelan, Corporate Finance Manager Airtricity
Fintan Whelan has been responsible for the funding of Airtricity’s extensive Windfarm building programme since joining the company in 2000. He has driven the  development and application of new structures and funding sources during that time, particularly in the area of merchant plant. His responsibilities cover all markets in which Airtricity is active, including US, Offshore and now China. Fintan obtained a BComm degree from University College Dublin in 1978, is a Fellow of the Association of Certified Accountants and in 1996 obtained a Masters Degree in Banking & Finance from UCD’s Graduate Business School. Before joining Airtricity, Fintan was Chief Accountant and later Finance Manager with Prudential’s Irish life assurance business and worked with Ernst & Young consulting, specialising in the area of financialmanagement and modelling

15.30–15.50 Coffee and tea

15.50-16.30 Supplier challenges?

• Industrial development
• Quality, price and customer interface
• Time to delivery?
• Lead-time on equipment?
• Prices on equipment?
• Shortage in turbines

Tobias Petrini, Business Development, Vattenfall
He works as a consultant within the Vattenfall Group wirh
investment strategies and evalautions. He has been deeply involved in the development of vattenfall’s current and future wind power asset base.

16.30-17.00 Questions and Answers

19.00 Conference dinner

Day 2: Wednesday November 7

9.15–10.00 Installation of the next generation infrastructure and turbines

• Off shore revolution postponed?
• Off shore equipment prices?
• Shortage in vessels?
• New developments in off shore?

Martin J.Huss, Sales & Marketing A2SEA
Martin Huss has a background of more than 11 years in the wind turbine industry of which the last 5 years he had specialized in offshore wind. Holding a masters degree in civil engineering from University of Karlsruhe / Germany, he had several positions as group manager for waste treatment systems before he entered the wind business. Martin Huss has held several positions within the Vestas Wind Systems Group i.e. Denmark, Italy, US and finally Germany where he was Project Director for Vestas Central Europe. He works for A2SEA since 2002, being responsible for all Marketing, Sales and Contracts on group level, also as a member of the Management Team and Managing Director for A2SEA´s German subsidiary.

10.00-10.45 Is there a Consolidation in the wind power equipment industry?

• What are the trends in the wind power industry?
• What are the opportunities and challenges with consolidation in the Wind Industry?

Torben Sommer, Renewable Energy & Commercial Services Equity Analyst Standard&Poors
Torben Sommer joined Standard & Poor’s Equity Research in 2005 as an equity analyst, focusing Renewable Energy. Prior to joining Standard & Poor’s, Torben worked as an analyst for Nordea Bank and has been a lecturer in the areas of Private Equity, Entrepreneurship and Corporate Finance for BA and MBA students in Paris. Torben has over 20 years international experience in equity research, private equity, and academia from Copenhagen, London. Madrid and Paris. Torben holds a Master of Law degree from University of Aarhus Denmark specialised in Company Law and an MBA in Management Accounting from University of Paris, Dauphine.

10.45–11.15 Coffee and tea

11.15–12.00 How to create value?

• What are the drivers for investments?
• What new types of actors have established on the market? Differences in drivers of existing and new utilities.

Petter Rönnborg, Licentiate of Business Administration at School of business, economics and law, University of Gothenburg

12.00–12.45 How to manage your debt portfolio

• • Portfolio effects and how to optimise the debt structure
• Multiple jurisdictions
• Flexibility to introduce new assets
• New financing ideas
• The move offshore

Patrick Holland, Director, Infrastructure, RBC Capital Markets
Joined RBC in 2000, since when he has closed a number of advisory and financing transactions in the utility and renewable energy sectors. In particular, he led the RBC team involved in arranging RWE Innogy’s Beaufort and RES’s Astraeus wind farm portfolio financings. Prior to that, Patrick spent 20 years with the NatWest Group, the last 14 years as a project finance specialist, focusing primarily on the power sector, including 6 years in New York.

12.45-13.45 Lunch

13.45-14.30 Case study Q7: First-ever offshore wind farm with non-recourse project financing.

Toon Meijers, Senior Advisor Corporate Strategy, Eneco Holding N.V
For more than five years working as a senior advisor corporate strategy in the Strategy department of ENECO Holding. Being involved in developing and updating the corporate strategy, development of power generation projects, and in managing the Q7 project to financial close. Before ENECO, he worked for ExxonMobil, in various jobs in the Netherlands, France and the USA.

14.30-15.15 Coffee and tea

15.15–15.30 Questions and Closing of the Conference

An unique opportunity for exchanging information and presenting recent trends in financing as well as discussing relevant topics on wind energy and create an opportunity to network with key players from the sector.