Agenda day one:
12:30pm Registration and afternoon refreshments
1:05pm Chairperson’s opening remarks 1:15pm Keynote address: Identifying BNDES’ infrastructure and energy priorities - What sectors are priorities and where will BNDES provide support?
- The BNDES plan to crowd in private sector funding for energy and infrastructure
- BNDES’ initiatives to support the increased use of capital markets in financings
- Forward looking strategy for the Brazilian project finance market: Outlook on upcoming auctions for toll roads, railways, ports and airports
- Bruno Viana, Manager of the Department of Logistics, BNDES
2:00pm Macroeconomic overview: What will be the key economic issues for Brazil in 2015?
- Meeting the increasing energy and transportation demands of a growing population
- Turmoil or turnaround: The value of the Real and its effects on inward investment
- The ‘emerging markets current’: Real concern for market liquidity, a self-fulfilling prophecy or just a spook?
- Gustavo Arruda, Economist, BNP Paribas
2:30pm Heads of project finance: How can banks get more deals in the Brazilian market?
- What projects are in the pipeline? What tenor and pricing can banks offer?
- How can banks move beyond advising and complement BNDES financing in infrastructure?
- Comparing terms, structures and conditions between local and international banks - Bonds vs Loans: What is the most compelling?
- New sectors on the horizon: What sectors are providing interesting opportunities for lenders beyond traditional energy and infrastructure projects?
- Jean-Valery Patin, Head of Project Finance Latin America, BNP Paribas
- Rafael D’Avila Dutra, Partner, Barbosa, Müssnich & Aragão Advogados
- Alberto Zoffmann, Head of Project Finance, Itaú BBA
- Gaetan Quintard, Director Project Finance, BNP Paribas
- Marcio Giannico, Head of Project Finance, Banco do Brasil
3:30pm Refreshments and networking break
4:15pm Federal, state & municipal PPP strategies: Where is the need for private sector involvement?
- What assets are best suited to a PPP approach? Which strategies work best?
- Drawing from deal experience: Discussing successful projects
- Planning for the future: Understanding content requirements and regulatory changes
- Analysing government plans to attract private capital into project financings
- Moderator: Vitor Rhein Schirato, Partner, Daemon Investimentos
- Ian Ramalho Guerriero, Project Manager, PPP Unit, Ministry of Planning, Budget and Management, Brazil
- Henrique Amarante da Costa Pinto, Deputy Director, BNDES
- Nadia Scharen-Guivel, Principal Private Sector Coordinator – Brazil, Inter-American Development Bank
5:00pm Project Finance in Brazil compared to Europe: why it is different and what needs to be done to improve it?
- Fernando Faria, Partner, KPMG
5:30pm Chairperson’s closing remarks followed by drink reception
Agenda day two
8:30am Morning refreshments
9:00am Chairperson’s Opening remarks
- Thiago Sendelbach, Director – Project Finance Brazil, BNP Paribas
9:15am Unleashing the potential of Brazil’s oil and gas market: Can O&G be the savvier in the Brazilian energy supply market
- Implementing the New Gas Law: Opportunities for financing new private gas pipeline projects?
- Developing new gas fired power plants to compete with Petrobras?
- Can recent financings for foreign-sourced drill-ships serve as a guide to how domestic vessels might be financed?
- How does the global shift in energy demand and supply patterns affect Brazilian oil producers and energy consumers?
- Moderator: Karla Fernandes, Director, Deutsche Bank
- Cesar Ramos, Independent Consultant and Board Member, Ouro Preto Oleo e Gás S.A.
- Sergio Monaro, Managing Director – Head of Project Finance, Brazil, HSBC
- Patric Lange, Partner, Daemon Investmentos
10:00am Traffic and tenors: Towards sustainable toll road financing models
- Have new regulations helped to foster more private investments in roads?
- Financing strategies and opportunities for PPP, logistics and concession project: to what extend is traffic tenors the key off attraction for financing projects?
- Review of recent and outlook on upcoming auctions for toll roads, railways, ports and airports in the logistics program. Have new regulations helped to foster more private investments in roads?
- Assessing the potential for waterways: Will it compete with rail?
- Moderator: Bernardo Costa, Senior Director – Global Infrastructure and Project Finance, Fitch Ratings
- Alessandro Scotoni Levy, Investor Relations Officer, Arteris SA
- Eduardo Farhat, Managing Director, Darby Private Equity, Darby Private Equity
- Luis Cunha, Project Finance Senior Manager, EY
10:45am morning refreshments and networking break
11:15am Innovating to meet Brazil’s needs: Sources of long-term liquidity in deals – what products are gaining more market share?
- Can capital markets fill the gap in projects’ financing requirements and complement BNDES and other development lenders?
- What tax and other incentives are on offer to local and international bond investors?
- Can local currency bonds become greenfield project financing tool, especially in transport?
- What conditions an assets can bring international investors into the Brazilian market?
- What enhancements to local and international can multilateral agencies provide?
- To what extent will local pension funds increase their participation in project bonds?
- Moderator: Marcelo Schwarz, Director of Latin America Utilities and Infrastructure Team, Standard & Poor’s Ratings Services
- Andrew Gunther, Managing Director, Darby Overseas Investments, Ltd
- Jean-Marc Aboussouan, Chief, Infrastructure Division, Inter-American Development Bank
- Cheryl Edleson Haway, Head of Infrastructure Brazil, IFC
- Carlos Andrade, Chief Business Development Officer, EDP do Brasil
- Thiago Sendelbach, Director – Project Finance Brazil, BNP Paribas
12:00pm Case Study on Renova Energia: Largest wind farm financing in Brazil
- The largest ever project finance transaction in Brazil’s renewable energy sector
- How was the deal structured?
- How was construction and operating risk mitigated?
- Pedro Villas Boas Pileggi, CFO, Renova Energia
12:30pm Lunch
2:00pm How can small hydro, biomass, solar and wind play a more dominant role in the Brazilian energy market?
- Moderator: Julyana Yokota, Director Latin Americas Utility & Infrastructure Ratings, Standard & Poor’s Ratings Services
- Pedro Villas Boas Pileggi, CFO, Renova Energia
- Antonio Bastos, Chief Executive Officer, Omega Energia Renovável
- Sergio Souza, Sales Director, GE Wind
2:45pm How are ECAs, multilateral banks and development finance institutions bringing liquidity to Brazilian energy and infrastructure projects?
- The agency toolkit: How do investment criteria and tenors differ?
- Where can ECAs and multilaterals lend directly and where do they provide guarantees?
- How does multilateral and ECA involvement change financing structures and funding costs? Jan Weiss, Lead Syndications Officer, IDB
- Moderator: Raul Denegri, Director – Head of Brazil Agency & Trust Sales, Citi
- Jan Weiss, Lead Syndications Officer, IDB
- Flávio Bertolossi, Head of São Paulo office - South America, SACE
- Joanne Tognarelli, Chief Representative – Latin America & Caribbean, Export Development Canada
3:30pm Afternoon refreshments and networking break
4:00pm What role will Asian capital and developers play in Brazil?
- Chris Stolarski, Senior Vice President, Head of Power & Infrastructure, Mizuho Bank
- Sergio Beninca, President, Kyovera Solar do Brasil
- Ivan Oliveros, Director & Sector Head – Power & Renewables, SMBC
4:30pm What infrastructure is needed to help the energy market?
- What transmission line investments are needed to improve renewables’ access to market?
- How can transmission lines be a solution to the drought? - Status on the auction for seven transmission projects in Brazil
- What can we learn from the success of Abengoa?
- Moderator: Gustavo Fava, Director – Project Finance, BTG Pactual
- Francisco A. Chica Padilla, Diretor Executivo, Elecnor
- Bruno Pahl, Global Infrastructure & Project Finance Associate Director, Fitch Ratings
- Bruno Moraes, Associate, Actis
5:30pm Chairperson’s closing remarks