Infrastructure
Investor
Investor
Energy Transition Forum Global Summit Online 2021
18 - 21 October 2021,
Virtual Event, BST
Opportunities in a merchant-power world
The Energy Transition Forum took place on 12 October 2020 and allowed attendees to learn from and network with a truly international delegation focused on investment opportunities in renewables and the energy transition. The Forum bought together over 400 participants including institutional investors, fund managers, utility firms, project developers, investment banks and many more to discuss the biggest global investment opportunity of the century.
Who attended?
Fund Managers
Were in attendance to network with over 60 investors with an interest in renewable markets and discuss emerging opportunities in areas including energy storage, smart grid and much more.
Investors
Attended to gain the perfect introduction to an increasingly important part of the global infrastructure market and the opportunity to network with other investors as well as the wider industry.
Energy Companies
With renewable energy causing a radical change to power markets across the world, and more disruption on its way. It is important for energy companies across the globe to adapt.
Key themes for 2020
- Investor viewpoint: manager selection as funds move into increasingly diverse strategies.
- Why the outlook for solar is brighter than ever.
- How and when should infrastructure funds invest in EV charging.
- An assessment of global risk/return profiles: how much risk is too much.
- How should investors manage long-term merchant risk?
- The continued rise of corporate PPAs for infrastructure investors.
One Summit: Seven Forums
The Global Investor Forum is the largest global gathering of institutional and private capital devoted to infrastructure and the focal point of the Global Summit.
Explore infrastructure opportunities across frontier and growth markets at the Emerging Markets Forum.
Hear from government on infrastructure policy across key global markets and the broader effect of politics and government on infrastructure.
The ESG & Sustainability Forum provides a place to showcase best practice and understand what good looks like from a sustainability perspective.
Your chance to hear from investors leading the digital revolution in infrastructure investment and keep up with opportunities in an increasingly important sub-asset class.
Analyse the benefits of differing investment structures, learn about landmark transactions and pinpoint new opportunities for yield.
World-leading infrastructure managers that attended in 2020 include:
Testimonials
Lincoln Webb
Senior Vice President, BCI
If you are serious about infrastructure investing, Infrastructure Investor’s Global Summit should be a fixture in your calendar.
Stephane Wattez-Richard
Executive Director, Conquest AM
The Global Summit is the best event to meet peers, investors and keep up-to-date on the key challenges & opportunities the asset class faces today.
Holger Haaf
Uniper
To meet so many people in such a short time is not possible without the Summit.
2021 Sponsorship Opportunities
The Infrastructure Investor Global Summit offers a unique opportunity for organisations to raise their profile as a part of the premier meeting for infrastructure investment professionals.
For more information on available sponsorship opportunities contact Alexander Jakes, alexander.j@peimedia.com, +44 (0)203 862 7498
2020 Keynote speakers
Dr Ayesha Khanna
Co-Founder and CEO,
ADDO AI
Wiebe Wakker
Sustainable Adventurer and Founder,
Plug Me In
2020 Speakers
Jeffrey Altman
Senior Advisor, Finadvice
Jeffrey is a Senior Advisor to Finadvice AG, one of the leading sustainable energy and sustainable technology advisors in Continental Europe, where he advises utilities, institutional investors, funds, industry associations, regulators and technology… Read full bio
Ben Backwell
CEO, Global Wind Energy Council
Ben Backwell is a leading commentator and strategist in the renewable energy sector. Prior to joining GWEC, he was a Managing Director at FTI Consulting, one of the world’s largest advisory firms, advising companies in the clean energy sector on stra… Read full bio
Zak Bentley
Americas Editor, Infrastructure Investor
Zak Bentley is Americas editor at Infrastructure Investor, based in New York. Zak joined Infrastructure Investor in London in 2016 from Centaur where he was a reporter at their Clean Energy Pipeline title. He now leads Infrastructure Investor’s cover… Read full bio
Aldo Beolchini
Managing Partner and Chief Investment Officer, NextEnergy Capital
Aldo is Managing Partner and Chief Investment Officer of the NextEnergy Capital Group. In this role, Aldo is responsible for the implementation of the investment strategy of the various listed and private equity funds managed by NextEnergy, ensuring… Read full bio
Michael Bonte-Friedheim
Founding Partner and Group CEO, NextEnergy Group
Founded NextEnergy Group (“NextEnergy”) in 2007. NextEnergy is one of the leading specialist international investment and asset managers focused on the solar sector. It has c.200 employees across multiple offices, including London, Milan, Hyderabad,… Read full bio
Christine Brockwell
Head of Partnerships and Portfolio Management, Aquila Capital
Christine Brockwell is responsible for establishing Partnerships with equity investors making direct investments in Aquila-managed renewable energy assets. In her role as Portfolio Manager, she has overall responsibility for the investment and perfor… Read full bio
James Brooks
Founding Partner, Stanley Capital Partners
James is a Founding Partner of Stanley Capital with responsibility for sustainability, people development and resource efficiency sector activities. He has co-led Stanley’s investments into Qinecsa and Noden. James is a proven c-suite executive leade… Read full bio
Anish Butani
Senior Director, bfinance
Anish is a Senior Director in the Private Markets team at bfinance and leads the firm’s coverage of the infrastructure asset class. Since joining bfinance in 2017, Anish has advised a broad range of clients globally in allocating over $8bn to the inf… Read full bio
Keith Driver
Executive Director, HRL Morrison &Co.
Keith joined Morrison & Co in April 2022 as Executive Director, Investor Solutions with responsibility for investor relations, capital raising and building the firm’s investor base in the UK and Europe. Prior to joining Morrison & Co, Keith s… Read full bio
Simon Eaves
Managing Director - Head of Clean Energy Infrastructure - Europe, Capital Dynamics
Simon is a Managing Director and Head of the Clean Energy Infrastructure’s European team. He has approximately 30 years of energy, power and infrastructure related experience. Prior to joining Capital Dynamics, Simon spent six years in the infrastruc… Read full bio
Michael Ebner
Head of Infrastructure, KGAL
Michael Ebner is Managing Director Infrastructure of KGAL Investment GmbH & Co. KG. He is responsible for the Infrastructure department which he started sixteen years ago: Today, KGAL is the German market leader for renewable energies investment… Read full bio
Ryan Fisher
Associate Electric Vehicles, Bloomberg New Energy Finance
Ryan is an Associate on BloombergNEF's Electrified Transport team based in London. He author’s research on electric vehicles and charging infrastructure, covering the technology, policy and economic factors shaping the global EV market. Prior to join… Read full bio
Hans Fredrik Forssman
Senior Investment Manager, Skandia Norden
Hans Forssman has spent more than 30 years in the financial industry, within a wide variety of assets and strategies. Before joining the Skandia PEI team (Private Equity & Infrastructure) to head management of the infrastructure portfolio, he was… Read full bio
Lucy Heintz
Partner, Actis
Lucy is Fund Head for Actis Energy Fund 5 (AE5), and is Board Chair of Lekela and Aela Energia, two of Actis’ renewable energy platforms. Lucy is also responsible for coordinating ESG and impact related efforts for the Energy Infrastructure Team, wor… Read full bio
Mark Henderson
Chief Investment Officer, Gridserve
A former investment banker, internationally experienced in both emerging markets and western Europe, where he has advised on, structured and financed over £5 billion and 8,000MW of infrastructure energy projects. Previously Mark established and ran t… Read full bio
Andy Kelly
Senior Principal, AFRY Management Consulting
Andy Kelly is a Senior Principal at AFRY (previously Pöyry) Management Consulting, and a senior member of AFRY’s Transactions team, leading projects providing market advisory services for European energy transactions, including commercial due diligen… Read full bio
Daniel Kemp
APAC Editor, Infrastructure Investor
Daniel Kemp is APAC Editor for PEI Group’s Infrastructure Investor and Agri Investor, overseeing coverage of the Asia-Pacific region for both titles. He joined PEI in February 2018 and is based in Sydney. Daniel is an experienced B2B journalist, work… Read full bio
Verena Kempe
Head of Investment Management, KENFO
Verena Kempe is Head of Investment Management at KENFO where she is currently focussing especially on the expansion of its private markets activities. Before joining KENFO, she was the Co-Head of Private Equity at FERI Trust where she successfully in… Read full bio
Ayesha Khanna
Co-Founder and CEO , ADDO AI
Dr. Ayesha Khanna is Co-Founder and CEO of ADDO AI, an artificial intelligence (AI) advisory firm and incubator. She has been a strategic advisor on artificial intelligence, smart cities and fintech to clients such as SMRT, Singapore's largest public… Read full bio
Lars Kyrberg
Partner, Bird & Bird
As a partner in our Hamburg office, I offer our clients long-standing expertise in renewables, energy networks and complex infrastructure projects. I have been active in the energy sector since 2010, which has provided me with a profound inside knowl… Read full bio
Tobias Kurth
Managing Director, Energy Brainpool
Tobias Kurth studied Business Administration and Engineering with focus on clean-tech at the Cologne University of Applied Science. In the following decade, he worked in the renewable energy sector and gathered manifold experiences. He was responsibl… Read full bio
Matej Lednicky
Head of Transaction Management Infrastructure, KGAL
Matej Lednicky joined KGAL in 2006 and is responsible for sourcing, negotiating and closing investment transactions in the renewable energies space at KGAL. He initially joined as legal counsel and proceeded to join the Infrastructure Department in 2… Read full bio
Patrick Mohr
Senior Investment Manager, Ireland Strategic Investment Fund
A Senior Investment Manager within ISIF, Patrick originates and executes transactions under ISIF’s climate investment strategy which seeks to make investments that help position Ireland for a net zero carbon economy by 2050. To date he has structured… Read full bio
Lee Moscovitch
Partner and Portfolio Manager - Greencoat Solar, Greencoat Capital
Lee joined Greencoat Capital in 2014 and oversees Greencoat Solar. He has 19 years’ experience in project finance and investment. He joined Greencoat Capital from Zouk Capital where he spent six years focusing on solar PV. He played a key role in con… Read full bio
Alex O'Cinneide
CEO & Founder, Gore Street Capital
Alex O’Cinneide is the founder and CEO of Gore Street Capital. He previously was a Managing Director and Head of Europe for Paladin Capital, a Senior Advisor to Kleinwort Benson Bank in London, served on the Investment Committee of IndoChina Capital.… Read full bio
Rory O'Connor
Managing Director, BlackRock Renewable Power, Global CIO and Head of Europe, BlackRock
Rory O'Connor, Managing Director; BlackRock Renewable Power, Global Chief Investment Officer and Head of Europe. Mr. O'Connor is the Global Chief Investment Officer and leads the European investment and portfolio management activities for BlackRock's… Read full bio
Jonathan Ord
Investment Director, GLIL Infrastructure LLP
Jonathan is Investment Director, Infrastructure at LPPI, the investment arm of the Local Pensions Partnership (LPP) and the Manager of the GLIL Infrastructure Fund. He joined LPPI in 2016 from the London Pension Funds Authority. Jonathan has led a nu… Read full bio
Frederic Palanque
Partner, Conquest
Managing Partner at Conquest, Frédéric Palanque has more than 15 years of investment experience in the infrastructure sector, with an aggregate track record of USD+8bn equity-value closed transactions. Former global head of Mergers & Acquisitions… Read full bio
Kunal Patel
Vice President - Partnerships & Corporate M&A, Ørsted
Kunal is a Vice President and Head of Partnerships & Corporate M&A in Ørsted, responsible for M&A, structuring and financing in relation to Ørsted's offshore wind assets as well as corporate M&A activities. Kunal has been with Ørsted… Read full bio
Mary Quaney
Group Chief Financial Officer and Executive Director, Mainstream Renewable Power
Mary joined Mainstream in 2009 and has held the role of Group Chief Financial Officer since 2017. Mary leads the finance, corporate finance and commercial functions across the Group, helping to shape and drive the company's strategic direction. Mary… Read full bio
Patricia Rodrigues Jenner
Member of Boards LGAS/AER plc and Investment Committees , GLIL Infrastructure
Patricia is an experienced Non-Executive Board Director with a breadth of institutional investment experience across infrastructure, private equity and sustainability. Over the past two decades, Patricia has been an investment manager at Macquarie an… Read full bio
James Schaefer
Senior Managing Director, Guggenheim Securities
James Schaefer is a Senior Managing Director within Guggenheim’s Power, Energy and Renewables team and covers a number of electric and gas utility and renewable energy accounts for Guggenheim Securities. Mr. Schaefer brings to Guggenheim extensive ex… Read full bio
Laurent Segalen
Managing Partner, Megawatt-X
Laurent Segalen is a franco-british banker specialised in Renewable Energy transactions. He is the founder of Megawatt-X, the London-based world's largest platform for investing in Wind and Solar assets, which he currently heads. His carrier spans ov… Read full bio
Karl Smith
Managing Director, Macquarie Infrastructure and Real Assets, Green Investment Group
Karl is a Managing Director of energy transition in Macquarie Infrastructure and Real Assets. He is an investment committee member and oversees the dedicated renewable energy fund business and investments in the broader energy transition sector. Karl… Read full bio
David Swindin
Managing Director - Head of EMEA, Cubico Sustainable Investments
David Swindin has been Head of EMEA at Cubico Sustainable Investments since its inception at the beginning of 2015, when the business was spun out of Banco Santander. Cubico is a leader and global investor in renewable energy owned jointly by Ontario… Read full bio
Patrick Verdonck
Managing Partner, Rhynland
Patrick is the founder of Rhynland and has 20 years of power industry experience. At Rhynland he leads the development of dozen storage and solar + storage opportunities in the Northeastern US and supports investors and owners of renewables, energy s… Read full bio
Wiebe Wakker
Sustainable Adventurer and Founder, Plug Me In
Wiebe Wakker is a sustainable adventurer known from his journey in an electric car from the Netherlands to New Zealand. With his project ‘Plug Me In’ Wiebe wanted to educate, inspire and accelerate the transition to a low-carbon future. His journey c… Read full bio
Constantin von Wasserschleben
Managing Director, IKAV
In 2010 Constantin founded IKAV, an energy infrastructure Manager. Under his leadership IKAV has expanded its franchise to solar (PV & CSP) - wind-, geothermal and recently conventional energy. IKAV combining financial and technical expertise wit… Read full bio
Dan Wells
Partner, Foresight Group Co-Manager, Foresight Energy Infrastructure Partners, Foresight Group
Dan is a Partner at Foresight and has over twenty-two years of experience of climate and sustainable finance, in particular in infrastructure and real assets. He has worked at different times in Europe, North America and Asia. Dan is co-Manager of Fo… Read full bio
View agenda page
Agenda
Energy Transition Forum 2020 - Thursday 15th
Energy Transition Forum 2020 - Thursday 15 October
08:45 - 08:55
Welcome from Infrastructure Investor
08:55 - 09:05
Chairperson’s introduction
Patricia Rodrigues Jenner
Patricia Rodrigues Jenner
Member of Boards LGAS/AER plc and Investment Committees , GLIL Infrastructure
Read bio
09:05 - 10:00
The Maturing of the Energy Transition: Opportunities in a merchant-power world
Frederic Palanque,
Michael Bonte-Friedheim,
Michael Ebner,
Lucy Heintz,
David Swindin
- An assessment of global risk/return profiles: How much risk is too much?
- Are return expectations in recently raised funds realistic?
- Specialisation into new technologies & geographies
- Where do investors expect opportunities in the next 5 years?
Moderator: Frédéric Palanque, Partner, Conquest
10:00 - 10:40
Investor viewpoint: Portfolio allocation and manager selection as funds move into increasingly diverse strategies post-FIT
Dan Wells,
Anish Butani,
Verena Kempe,
Jonathan Ord
- Where are the investor allocations to renewables coming from?
- Do investors expect to increase their allocations to renewables?
- Views on fund managers diversifying into new technologies and geographies
- To what extent should investors be comfortable with greenfield risk on renewable assets?
Moderator: Dan Wells, Partner, Foresight Group
10:40 - 11:00
Perspectives on the energy transition
James Schaefer
- Outlining why more institutional capital is flowing into green energy
- Assessing levels of policy support in the US and Europe
- Who will shape the future energy landscape? What role will infrastructure funds play?
- Disruption of business models for utilities, positioning yourself for the new world order
11:00 - 11:30
Coffee & networking
Energy Transition Forum 2020
11:30 - 11:50
Power price update: How can investors manage long-term merchant risk?
Andy Kelly
- The changing dynamics of power price risk in a decarbonised world
- What does the decoupling of electricity mean for power markets?
- Changes that investors need to be aware of in the long-term
11:50 - 12:30
The continued evolution of the PPA market in a post-subsidy world
Daniel Kemp,
Lee Moscovitch,
Rory O'Connor,
Mary Quaney,
Constantin von Wasserschleben
- Are long-term PPA’s outdated for the current environment? What are the reasons for more short term PPA’s being seen?
- What are the specific risks involved? What would a significant drop-in energy prices mean for investors?
- Predictions for future growth of the PPA market
Moderator: Daniel Kemp, Superfunds Correspondent, Infrastructure Investor
12:30 - 13:00
Keynote Presentation – Smart Cities 2.0: The Future of Urban Living
Ayesha Khanna
13:00 - 14:00
Networking Lunch
Stream A: Renewables
14:00 - 14:20
The funding opportunity and challenges with development and construction of renewable assets?
- Additional returns from development and construction stages
- What are key skills in teams to pursue development and construction successfully?
- Alternative investment structures to capture development stage / mitigate risks across
- Where are the key development pipelines to focus on?
- Examples from successful fund managers – developer partnerships and key lessons learnt
14:20 - 15:00
Why are infrastructure investors increasingly drawn to offshore wind?
Karl Smith,
Ben Backwell,
Christine Brockwell,
Kunal Patel
- How technological innovations are increasing profitability
- How storage can be used alongside wind to balance the system
- Lessons learned from the recent UK power cut
- How PPAs can increase the bankability of wind
Moderator: Karl Smith, Managing Director, Green Investment Group
Karl Smith
Managing Director, Macquarie Infrastructure and Real Assets, Green Investment Group
Read bio
15:00 - 15:45
Why the outlook for solar is brighter than ever
Aldo Beolchini,
James Brooks,
Simon Eaves,
Laurent Segalen
- Comparing default rates to wind and other renewable investments
- How can solar be integrated better into the power system?
- Latest technological developments in solar particularly combining with batteries and what this means for potential returns
- How do long-term PPAs perform in the European solar market?
Moderator: Katherine Vinnicombe, Director and Founder, Impact Energy Partners
Simon Eaves
Managing Director - Head of Clean Energy Infrastructure - Europe, Capital Dynamics
Read bio
Stream B: New Technologies
14:00 - 14:20
EV Charging Outlook Presentation
Ryan Fisher
14:20 - 15:00
How and when should infrastructure funds invest in EV charging
Jeffrey Altman,
Ryan Fisher,
Mark Henderson
- What characteristics make this sector so attractive – what are the different revenue streams?
- Is this an infrastructure play? When will it be a viable investment for infrastructure investors?
- What are the challenges for this sector?
- Getting institutional investors comfortable with EV charging?
- What are your predictions for the role of infrastructure investors in EV charging in 2030?
Moderator: Jeffrey Altman, Senior Advisor, Finadvice AG
15:00 - 15:45
Understanding how investors can make money from energy storage
Lars Kyrberg,
Keith Driver,
Patrick Mohr,
Alex O'Cinneide,
Patrick Verdonck
- Lessons learned to date from fund managers
- Specific risks associated with storage: How to make it bankable
- Increasing the efficiency of storage whilst scaling technology & reducing costs
- Which model is more attractive? Pure storage or storage? Utility-Scale-Micro Projects
Moderator: Lars Kyrberg, Partner, Bird & Bird
15:45 - 16:00
Coffee & networking
Energy Transition Forum 2020
16:00 - 16:30
Keynote: The growing power of EVs
Wiebe Wakker
Wiebe Wakke travelled for 3 years in an EV relying on the kindness of strangers to fund his journey. This keynote speech will tell his epic story. With infrastructure investors increasingly looking towards EV as an investment opportunity, Wiebe’s story should be of great interest
16:30 - 17:00
Outlining the reasons fund managers are looking to Eastern Europe for returns
Zak Bentley,
Tobias Kurth,
Matej Lednicky
- Which countries offer the most exciting opportunities?
- Comparing regulatory and legal frameworks in different parts of Europe
- Strategies for gaining a foothold in the region
Moderator: Zak Bentley, Senior Reporter, Infrastructure Investor
17:00 - 17:00
Close of conference
2021 Sponsorship Opportunities
The Infrastructure Investor Global Summit offers a unique opportunity for organisations to raise their profile as a part of the premier meeting for infrastructure investment professionals.
For more information on available sponsorship opportunities contact Alexander Jakes, alexander.j@peimedia.com, +44 (0)203 862 7498