Deborah Kross, Senior Vice President Capital Markets for Origis Energy, will be participating in the panel discussion, “New Financing Strategies for Longer Development Timelines,” during Infocast’s 2025 Solar + Wind Finance & Investment Summit.
Panel Discussion: New Financing Strategies for Longer Development Timelines
Assembling components of the capital stack has always presented challenges for developers, but as project timelines expand so do a project’s capital needs. While there’s plenty of capital in the markets, the cost of capital is up, queue wait times are longer, and interconnection costs have ballooned in many regions. This session will assess how capital stack strategies and finance trends are adapting to long development and interconnection queues, and longer lead times for equipment.
- Projects are taking longer to get to NTP: How is this changing when a project is de-risked from a lender perspective? Is it changing late stage NTP development capital? Safe harbor requirements?
- Stretching the capital stack: Are earlier partnerships, equity funds worth the loss of control? How are developers financing through delays?
- Bigger deals, longer construction periods: How is TC transfer giving some flexibility? How are projects handling early-stage costs, long-term debt, sponsor equity, mezzanine, and senior debt, and filling gaps? Is financing keeping pace with demand? What about leveraged and short-term B loans or project bonds? Did equity costs follow debt in going up with interest rates and inflation?
- Is there enough transparency from when money goes from refundable to non-refundable, does development risk need equity to support that? Surety facilities to couple with equity?
Panelists:
- Maria Klutey, President, ACTIVATE RENEWABLES
- Deborah Kross, Senior Vice President Capital Markets, ORIGIS ENERGY
- Oke McAndrews, Head of M&A and Capital Markets, CLENERA, an Enlight Company
- Laura Pagliarulo, Chief Executive Officer, SolaREIT
- Ines Serrao, Head of Renewables, US Corporate Banking, CIBC
Panel Date: Tuesday, March 18, 2025
More information about this event