As representatives of developers, banks, investment firms and service providers descend on Las Vegas for S&P Global Platts’ 34th Annual Global Power Markets Conference, PFR takes a look at what to expect.
Besides the official conference program—which includes promising panels on global power markets, clean energy investment trends, emerging markets, M&A action, public policy and, of course, project finance—there is, as usual, a full schedule of cocktail receptions, dinners and late night parties.
With so much going on in the evenings, event hosts may find themselves competing for conference-goers’ attention, as the timing of networking events put on by rival law firms overlaps.
Throw client meetings, golf and dinners into the mix, and it will be amazing if anyone makes it through to the grand finale, the project finance trends panel on Wednesday. Credit Suisse’s Jonathon Kaufman, Brookfield Asset Management’s Hadley Peer Marshall, BMO Capital Markets’ Andrew Rosenbaum and S&P Global Ratings’ Aneesh Prabhu are due to talk tenors, count basis points and sort the triple-Bs from the junk in the final slot of the conference schedule.
With so much on offer, it’s little wonder that more than 800 attendees have signed up, although it is another matter whether work commitments will allow them to make it.
“The whole office is frankly buried in work,” says an energy and infrastructure attorney who will be stuck in Washington, D.C. “So much M&A going on.”
A private equity official who also won’t be there has a slightly different excuse. “I’m already at Delta Gold thanks to a few trips to Brazil for work,” he says, “and trying to spend a little more time with my family.”
Fortunately, PFR will be on hand at the Wynn Las Vegas hotel to cover the highlights for power and renewables finance professionals who can’t make it. Follow us on Twitter at @PowerFinRisk for live updates.
If you are attending and would like to meet the PFR team, please do not hesitate to contact editor Richard Metcalf, reporter Taryana Odayar or commercial director John Weber.
As usual, we expect borrowers and bankers to come away from a few days in Sin City with business cards, prospects, gossip and maybe even signed term sheets. But perhaps more importantly, they may return home with a renewed appreciation for the simpler things in life.
Or, as one project finance banker puts it: “By Wednesday morning, I’m dying to get away from Las Vegas.”