Financing Renewable Energy Conference Using Tax Credits to Finance Solar, Wind, and Other Renewable Sources May 2-3, 2007 San Francisco, Calif. Wednesday: 8:00 a.m.-6:30 p.m. • Thursday: 8:00 a.m.-12:00 p.m.

Conference Registration
May 2-3, 2007	Financing Renewable Energy Conference

Agenda

Wednesday, May 2, 2007

Day One

8:00 a.m. - 9:00 a.m.	Registration and Networking Breakfast
9:00 a.m. - 9:30 a.m.	Welcome and Introductions
9:30 a.m. - 10:20 a.m.	Renewable Energy Tax Credits — A Historical Perspective and Washington Report — Current Legislative Update
10:30 a.m. - 11:20 a.m.	Energy Credits — Production Tax Credits for Wind and Certain Other Resources Our PTC panel will look carefully at how the PTC works and the how the credits benefit the investor. The panelists will discuss the kinds of facilities eligible for the production tax credit, the computation of the credit, the use of partnerships and LLCs to allocate the credit to an investor, how to be sure the facility is placed in service before legislative deadlines, and other fundamentals.
11:30 a.m. - 12:20 p.m.	Energy Credits — Investment Tax Credits for Solar The members of our ITC panel will do a similarly comprehensive overview of the ITC that applies to solar projects. They will contrast the ITC with the PTC discussed previously, explain how the ITC is computed, what equipment and expenditures are eligible for the credit, and how they are allocated to an investor, as well as the placed in service and other issues relevant to the ITC.
12:20 p.m. - 1:30 p.m.	Lunch and Keynote Speaker
2:00 p.m. - 2:50 p.m.	Negotiating the Transaction/Structuring the Deal Learn how deals are structured and how key tax issues and deal terms are addressed and negotiated. The development time line, the role of the key players, and investor due diligence issues will be explored. The panel will walk through typical deal structures for both wind and solar.
3:00 p.m. - 3:50 p.m.	Investor Issues Investors play a crucial role in any energy tax credit transaction. This panel will explore how tax credits, accelerated depreciation deductions and state rebate programs drive the investor’s returns from its equity investments. Don’t miss this session as we identify the key issues on the minds of today’s renewable energy investor.
4:00 p.m. - 4:50 p.m.	Exit Strategies for the Investor An exit strategy is among the important aspects of any energy tax credit transaction. Panelists will examine how the investor exits the deal. Also to be discussed will be the use of “puts,” “calls” and “flips” and how the partners share cash and tax benefits over the course of the transaction.
5:00 p.m. - 6:30 p.m.	Networking Reception

 

Thursday, May 3, 2007

Day Two

8:00 a.m. - 9:00 a.m.	Networking Breakfast
8:00 a.m. - 9:00 a.m.	Combining Section 42 with Solar Discussion and Q&A session that will delve into combining solar investments credits with low-income housing tax credits.
9:00 a.m. - 9:50 a.m.	The Role of Tax-Exempt Bonds in Renewable Energy The Clean Renewable Energy Bond (CREB) program was created for those businesses, such as cooperative electric companies and government bodies that are not eligible for the PTC or the ITC. Panelists will discuss how to work with these entities in order to maximize their ability to produce renewable energy.
10:00 a.m. - 10:50 a.m.	Practical Solar Energy This panel features a single case study of a solar deal, from start to finish, from the perspective of the investor, the developer and the tax and legal professionals. Panelists will apply the fundamentals covered yesterday to an actual transaction, review which equipment qualifies for the ITC, and the role the investor must play with regard to the property. Attend this panel to help the sun shine on your deal.
11:00 a.m. - 11:50 a.m.	Putting Wind Power to Work This session will look at how a wind power deal is done. The panel will study the ins and outs of a wind deal – the difficulties of siting the project, getting the turbines, and bringing it all to closure. Come hear the panel discuss the issues, perils and rewards of the doing this kind of project.
11:50 a.m.	Conference Concludes