Tuesday, November 2, 2010

Advanced Renewable Energy Project Finance and Analysis

November 8-9, 2010

Learn how to analyze and structure renewable energy projects to optimize financing.

• Risk assessment and mitigation in renewable energy projects:
Wind, Solar, Biomass, Geothermal, Landfill Gas and Waste-to-Energy

• Contract structuring, documentation and risk sharing to mitigate
Change-in-Law, Force Majeure and other unknown risks

• Renewable project financial analysis and modeling

• Incorporating incentives unique to financing renewable projects:
tax credits, accelerated depreciation, tax code covenants, subsidies and grants

• Assessing the impacts of ARRA on renewable project finance

• Structuring renewable project financings—
leveraged flip and lease structures

• Sourcing equity and debt in today’s project finance markets

Gain Skills via exercises and spreadsheets derived from real world renewable energy projects

Course Instructors:

Mohammed J. Alam,
President, ALYRA RENEWABLE ENERGY FINANCE

Timothy Rosenzweig,
CEO, GOLDWIND USA, Inc.

Frank C. Shaw,
Counsel,
SKADDEN, ARPS, SLATE, MEAGHER & FLOM, LLP & AFFILIATES

Sean Shimamoto,
Partner, Tax,
SKADDEN, ARPS, SLATE, MEAGHER & FLOM, LLP & AFFILIATES

*Printed presentation materials will be provided on site, along with flash drives loaded with
spreadsheets and models used for course exercises. We recommend you bring a laptop to the course.

EVENT SCHEDULE
Course: Advanced Renewable Energy Project Finance & Analysis
Monday, November 8, 2010 9:00 am - 5:30 pm and
Tuesday, November 9, 2010 9:00 am - 4:00 pm

Register on or before October 8 to receive the Early Bird Discount off the Standard Tuition!

Where
41 Madison Avenue Event Center
41 Madison Avenue, New York, NY 10010

Construction Completed at Naval Station Norfolk Superfund Site

PHILADELPHIA (November 1, 2010) – The U.S. Environmental Protection Agency announced today that the U.S. Navy has completed Superfund cleanup construction at the Naval Station Norfolk/Naval Support Activity Norfolk, culminating 27 years of investigation and remediation at the largest naval base in the world.



EPA considers construction completion as the most important Superfund milestone because it means that all physical construction of the cleanup remedies are complete, all immediate threats have been addressed and all long-term threats are under control.



“Getting to this point in the cleanup process required a team approach and a close working relationship among the Navy, EPA, and Virginia,” said EPA Mid-Atlantic Regional Administrator Shawn M. Garvin. “Not only was assessment and cleanup considered in the process, but over the course of the cleanup, reuse of contaminated land to support the Navy mission was a top priority.”



Overall, the Navy spent more than $100 million on 170 locations known, or suspected to be contaminated throughout the facility. When the cleanup work began, there were locations covered with drums filled with tons of waste. Now, the land is available to support the Navy’s mission.



The Naval Station and Support Activity were added to the Superfund National Priorities List in 1997. Between 1997 and 2010, EPA, the Navy and the Virginia worked together to ensure that the cleanup was consistent with current Superfund and Department of Defense guidance. A risk assessment was performed for each of the 170 sites and where unacceptable risk to human health or the environment was found, action was taken. The last site on the base requiring cleanup was addressed this past August.



In September of 2010, EPA’s mid-Atlantic office, which includes Virginia, determined that both installations at this facility, had met the criteria for being added to EPA’s construction completion list. More information on the site is available at: http://www.epa.gov/reg3hwmd/super/sites/VA6170061463/index.htm