About the Finance Workshop
With the new Feed-in-Tariff announced in August 2018, Vietnam’s wind power sector is gaining new momentum. However, the lack of project financing is one of the key obstacles that could slow down this momentum, and this challenge must be addressed for wind power development to grow exponentially in Vietnam.
Concerns on PPA bankability, lack of liquidity in local banks, and high-risk perceived by international banks means that projects are struggling to obtain the financing needed to be developed. The risk vs returns debates is at the core of the project financing challenge in Vietnam, however banks are now beginning to see that the returns are now outweighing the risk and developers are finding new innovative ways for financing their projects.
This Finance Workshop, organised on the first day of the Vietnam Wind Power 2019 Conference, will gather experts on this topic and do a deep-dive into how the industry can overcome this project financing challenge to ensure Vietnam’s wind market can reach its full potential. We will cover topics such as:
- Current challenges on project financing
- Risk factors in the Vietnam market
- Risk profile for domestic vs international banks
- New project finance models and alternate sources of financing
If you are a wind developer, finance professional, researcher or stakeholder Vietnam’s wind market, than this Finance Workshop is a not-to-be-missed event to better understand the challenges of project financing, and how to overcome these challenges, in the Vietnam market.
Programme
Words of Welcome
Liming Qiao, Asia Director, Global Wind Energy Council
Words of Welcome
Do Duc Tuong, Clean Energy Advisor, U.S Agency for International Development/Vietnam
Global trends and outlook for financing of wind power projects
Ashish Sethia, Head of APAC Analysis and Consulting, Bloomberg New Energy Finance
Economic and financial risks of coal power in Vietnam
Matt Gray, Senior Analyst, Utilities & Power, Carbon Tracker Initiative
This session will delve into the current challenges of financing wind projects in Vietnam, the bankability of PPAs and risk profiles by different types of banks, as well as their mitigation strategies.
Keynote Presentation:
Benoit Nguyen, Head of Section of Renewables Advisory, DNV – GL Energy
Panel Discussion
- Logan Knox, General Director, UPC Renewables
- Bruce Weller, Managing Director, Head of Power and Project Finance Asia Pacific, BNP Paribas
- Oliver Behrend, Principal Investment Officer at IFC – International Finance Corporation
- Hoang Phuong, Investment Banker, Techcom Bank Vietnam
- Huong Tran, Commercial Manager, Mainstream Renewable Power
Moderator:
Naveen Balachandran, Special Advisor, Global Wind Energy Council
This session will look at various new funding sources for wind projects, as well as how to get access to them and the challenges associated with each of them.
Keynote Speaker:
Olivier Duguet, CEO, The Blue Circle
Panel Discussion:
- Daniel Mallo, Head of Natural Resources & Infrastructure – Societe Generale
- Hugo Virag, Director and Head of Asia Pacific, Astris Finance
- Matthew Taylor, Director, Green Giraffe
- Michael van der Heijden, Co-Founder, Amsterdam Capital Partners
- William Gaillard, Vice President – Sales, Asia Pacific, Vestas
Moderator:
Raphaël Chabrolle, Senior Vice President, Sumitomo Mitsui Banking Corporation
USAID Clean Power Asia Training Workshop on Cash Flow Analysis, Risk Assessment and Financial Modeling for Wind Power Projects
Speakers
Joost Siteur, Investment Mobilization Lead, USAID Clean Power Asia
Patana Surawatanapongs, Renewable Energy Investment Advisor, USAID Clean Power Asia
- Project finance and cash flow analysis for wind projects
- Financial modeling for wind projects
- Case study and group exercise on financial modeling and risk assessment
- Group reporting and wrap up
This Matchmaking session will bring together local and international banks to discuss project opportunities, transfer knowledge, and synergies in financing wind power projects in Vietnam.
Our Speakers

Liming Qiao
Asia Director, GWEC

Ashish Sethia
Head of APAC Analysis and Consulting, Bloomberg New Energy Finance

Benoit Nguyen
Head of Section of Renewables Advisory, DNV GL – Energy

Logan Knox
General Director, UPC Renewables

Bruce Weller
Managing Director, Head of Power and Project Finance Asia Pacific, BNP Paribas

Oliver Behrend
Principal Investment Officer at IFC – International Finance Corporation

Hoang Phuong
Investment Banker, Techcom Bank Vietnam

Huong Tran
Commercial Manager, Mainstream Renewable Power

Matt Gray
Senior Analyst, Utilities & Power, Carbon Tracker Initiative

Olivier Duguet
CEO, The Blue Circle

Daniel Mallo
Head of Natural Resources and Infrastructure, Société Générale

Hugo Virag
Director and Head of Asia Pacific, Astris Finance

Matthew Taylor
Director, Green Giraffe

Michael van der Heijden
Co-Founder, Amsterdam Capital Partners

William Gaillard
Vice President, Sales, Asia Pacific, Vestas

Raphael Chabrolle
Senior Vice President, Sumitomo Mitsui Banking Corporation

Joost Siteur
Investment Mobilization Lead, USAID Clean Power Asia

Naveen Balachandran
Special Advisor, GWEC
Ticket Prices
Financing Workshop only (11 June)
This ticket type provides access to the workshop “Accelerating wind project financing in Vietnam” on 11 June. It includes conference material, all coffee breaks and lunch
€175
or USD$200
Vietnam Wind Power Conference only (12 June)
This ticket type provides access to the Opening Reception on 11 June and the Vietnam Wind Power Conference on 12 June. It includes conference material, coffee breaks and lunch. It does NOT include access to the Gala Dinner.
€220
or USD$250
Gala Dinner only (12 June)
This ticket type provides access to the Gala Dinner on 12 June.
€88
or USD$100
COMBO Basic (12 June)
This ticket will give you access to the Opening Reception on 11 June, the Vietnam Wind Power Conference and the Gala Dinner on 12 June.
€285
or USD$325
COMBO 2-Day (11 and 12 June)
This ticket will give you access to the workshop “Accelerating wind project financing in Vietnam” and Opening Reception on 11 June, the Vietnam Wind Power Conference and the Gala Dinner on 12 June.