9th Annual Peruvian Energy & Infrastructure Finance Forum

8:15AM Registration and refreshments

9:15AM Ministry of Finance Keynote: A new dawn for Peruvian infrastructure: Reviving the project pipeline for infrastructure and rebuilding investor confidence in the sector

• How is the MEF encouraging infrastructure development following the setbacks of the last 18 months? 
• What will anti-corruption legislation look like and how will it be received by the market? 
• What concessions and sectors are priority for the government? 
• Defining new concession models: Financing structures and risk management in the new Peruvian scenario

9:45AM ProInversion: Defining new objectives and strategies to bring projects forward

• What is the strategy of ProInversion to reinitiate projects that were delayed or cancelled?
•  Is further restructuring required to move forward and deliver on objectives?
•  Defining the framework for concession contracts and project structures
• Will emphasis be placed on large scale projects or smaller developments across regions?
• What is ProInversion’s vision surrounding Gasoducto?

10:15AM Macroeconomic debate: Strategies for Peru’s development

• Assessing the macroeconomic and political outlook for Peru 
• What steps should be followed to incentivize growth and deliver on necessary infrastructure projects? 
• What actions are required to maintain Peru’s competitive advantage and appeal to international investors, in particular in the energy and infrastructure space?

10:45AM Morning refreshments and networking

11:30AM The future of financing projects in Peru: Financiers and investors debate outlook and opportunities

• Lender perspective on the outlook for infrastructure and energy financing in Peru and what financing strategies are being pursued? 
• What is the current appetite of investors for Peruvian infrastructure? 
• Is there a prevailing investor optimism for Peru, in line with Peru’s ambitions to create a more stable and transparent environment?

12:15PM Trains, Roads, Airports: Prioritizing the transport project pipeline

• How will the government push forward much needed transportation developments and what is the appetite from investors? 
• Outlook for road concessions, including the Longitudinal de la Sierra and Autopista del Norte 
• Status of Jorge Chavez Airport expansion and outlook for upcoming airport developments 
• Survey of rail concessions in the pipeline: What is the market appetite for Peruvian rail? 
• What are indications for the Tren de Cercanías, it’s possible development and financing?

1:00PM Strengthening institutional frameworks for Peru’s progress: Defining and applying anti-corruption regulation

• How can efficiency be incentivized in both the public and private sectors in Peru? 
• Balancing effective anti-corruption regulation, namely the corruption clause, without adversely impacting development and economic growth 
• How are new regulatory frameworks being applied and how do international developers and investors perceive this new regulatory paradigm? 

1:30PM Lunch

2:30PM Port review: Successful closing of Puerto de Pisco and expectations for the Port of Salaverry

• Puerto de Pisco: What were the main challenges to achieving financial close and how were these overcome?
• What lessons/experiences from the Puerto de Pisco transaction can be applied to other concessions in or entering the market?
• Expectations surrounding the Port of Salaverry: How will the project move forward and what will the financing structures look like?

3:15PM Energy: In a current state of electricity oversupply, what is the outlook for energy strategy long-term?

• Increasing the focus on energy efficiency: Key technologies and incorporating them into the Peruvian energy system
• Addressing issues surrounding declaration of gas prices and the impact on the market
• To what degree will the portion of generation from renewables be augmented and what are the expectations for upcoming auctions?
• Outlook for transmission developments following the most recent concessions

4:00PM Rural electrification solutions and off-grid successes: A case study of Ergon PV

4:45PM Afternoon refreshments and networking

5:15PM Oil and gas sector outlook: Future developments post Gasoducto

• Expectations for modifications to the oil and gas law: How will changes to contract terms impact on financing?
• What is the outlook for development in the sector following thecancellation of GSP? What proposed solutions/projects are on the table for a new pipeline and associated projects, such as a petrochemical plant
• Update on the Talara refinery modernization and next steps for PetroPeru, including strategy for their fields and potential partnerships for development

5:45PM Developer perspective on Peruvian infrastructure: Overcoming concerns and seeking opportunities in the new market landscape

• How do developers perceive the vision of the government for infrastructure concessions and what are their main concerns for entering into contracts? How can these concerns be addressed?
• Debating proposed changes to the payment mechanism scheme: Associated costs and benefits
• How could this change be applied without adversely impacting the risk profile of projects?
• Local currency financing: Is the local market fully able to finance projects?
• Defining the new landscape for project sponsors in Peru: What consolidation in the market might we see? Where are the opportunities in the market?

6:30PM Chairperson’s closing remarks followed by drinks reception