Irrespective of the particular mandate, understanding and anticipating the full range of commercial, technical and legal implications a project and its financing may face throughout its various stages from the initial planning to the exit is key for everyone involved. This session is set up to provide an opportunity to choose up to 3/4 of the below listed topics/tables and engage in an interactive discussion with a relevant expert to learn more about the specific risks and opportunities and how the market is dealing with them.
16.00 Registration
Table 1: Are market developments changing the project or vice versa?
- Loans vs. bonds (key differences of bond purchase agreements vs. loan agreements)
- Private placement vs. public bonds
- Banks vs institutional investors
- State guarantees/forfeiting models
Chaired by: Thomas Alberghina, Director, Road & Rail Infrastructure (PPP), KfW IPEX-Bank GmbH
Table 2: What happens to the project after financial close?
- Cricitcal issues during construction and operational phase
- Technical vs Payment Default
- Portfolio Performance
- Restructuring options
Chaired by: Beda Wortmann, Partner, Clifford Chance LLP
Table 3: Public vs. private procurement
- Who is better suited to procure large infra projects?
- Why is there in many countries a broad resistance against privately procured projects?
Chaired by: Dessislava Strothmann, Infrastructure Projects / Finance, VIFG
Table 4: The application of the “back-to-back” exercise in energy and infrastructure projects with a specific emphasis on their bankability.
- “Back-to-back” exercise, what does it mean and which provisions are to be covered generally (e.g. scope of services, time lines (and extensions), pricing and payments, warranties, (limits on) indemnities, liquidated damages, termination etc.).
- Relevance to the respective project’s bankability.
- Application in construction contracts.
- Application in operation and maintenance agreements.
- Application in supply and offtake agreements.
Chaired by: Stefan Schramm, Partner, Simmons & Simmons
18.30-20.00 Networking Drinks Reception kindly Hosted by Simmons & Simmons
For more information, please contact Laura Cafora e: lcafora@ipfa.org