Seminar: Project Financing Wind Projects in Norway (Bergen, April 5th 2011)

While other North Atlantic countries have successfully attracted investment in both offshore and onshore wind power generation projects through the adoption of feed-in tariffs, market-based certificates and other subsidization schemes, Norway has seen relatively little investment in the wind sector to date due largely to the absence of an effective subsidization scheme. The recent regulatory initiative to put in place a common green certificate market across Norway and Sweden raises the prospect that project sponsors in Norway may soon see a more positive investment climate for their wind projects.

On April 5th in Bergen and on April 11th in Oslo, Wikborg Rein will host a seminar that gathers a panel of speakers who will review the main construction, regulatory, operation and other issues confronting project sponsors in Norway who wish to develop their wind projects in a manner that will attract non (or limited) recourse debt financing.

Register your attendance in the form below, or e-mail hki@wr.no. There is no cost attached with participation in the seminar.

Speakers: Fredrik Gustavsson, Vice President, DnB NOR Fredrik Gustavsson has been with DnB NOR for the last 3 years, primarily working with renewable energy and wind energy projects. He has a wide experience with technical and economical analysis, including 8 years experience from the oil- and gas industry. Mr. Gustavsson will together with his colleague Øyvind Rustad discuss "Wind project financing in the Nordic Market with lessons learned from Sweden". Øyvind Rustad, Senior Vice President/Senior Account Officer, DnB NOR Øyvind Rustad is responsible for financing of and advisory services to Norwegian and international companies within the Renewable Energy Industry. Mr. Rustad will together with his colleague Fredrik Gustavsson discuss "Wind project financing in the Nordic Market with lessons learned from Sweden". Paul Fulton, Vice President Legal, Statoil As Legal Responsible for all of Statoil's renewable energy projects worldwide, including the procurement of supply and installation contracts for the 318 MW Sheringham Shoal Offshore Wind Project in the UK, Mr. Fulton will discuss "Construction Procurement Strategies for Wind Projects." Kelly Malone, Head Global Projects Team, Wikborg Rein A project finance lawyer that specializes on the development and financing of wind and hydro power generation projects. Mr. Malone will discuss "Project Financing Wind Projects in Norway – Survey of Main Issues and Process".