15mar5:00 pm7:00 pmIPFA/UCL Event: Systematic Risks in Infrastructure ProjectsKeynote address by Frederic Blanc-Brude5:00 pm - 7:00 pm GMT Chancellors Hall Senate House, Malet St., London WC1E 7HU Event Organized By: IPFA speaker(s): Frederic Blanc-Brude
Registration 5.00pm 5.30pm Welcome & Introduction Alex Murray, Teaching Fellow, UCL 5.40pm Keynote Address Frederic Blanc Brude, Director, EDHEC Business School Asia-Pacific and EDHEC Infrastructure Institute-Singapore 6.00pm Panel Discussion Moderated by: Dr. Aris Pantelias, UCL Course
5.30pm Welcome & Introduction
Alex Murray, Teaching Fellow, UCL
5.40pm Keynote Address
Frederic Blanc Brude, Director, EDHEC Business School Asia-Pacific and EDHEC Infrastructure Institute-Singapore
6.00pm Panel Discussion
Moderated by: Dr. Aris Pantelias, UCL Course Director, MSc Infrastructure Investment and Finance
Leonidas Papanikolaou, Low Carbon Contracts Company
Anurag Gupta, Director & Global Lead for Power-Infrastructure, KPMG
Luisina Berberian, Associate, Infrastructure Finance Ratings, Standard & Poor’s Ratings Services
Michael Frankland, Investment Director, John Laing
Question & Answer Session
7.00pm IPFA Update
7.05pm Closing Remarks
7.10pm Networking Drinks Reception kindly hosted by UCL
Project finance and PPP represent a form of fixed price contracting. Their role in providing public and private clients with cost certainty about an asset’s build (and operation) is fundamental to the preference of this procurement method over others.
As the number of projects applying these procurement methods increases, so too does the opportunity for looking back to assess performance against the range of systematic risks they face. The role of these systematic risks in determining the volume and types and finance that project finance ventures are able to attract is fundamental, especially through a period of continued fiscal austerity and anticipated increases in the flow of private finance into major public infrastructure.
The need to identify, manage, transfer and insure these risks remains paramount. Is there a need to develop new products to account for these risks and to facilitate their optimal allocation? Are the improvements in construction risk management from project finance procurement being acknowledged by investors? How are these risks being assessed by institutional investors and rating agencies? This event will discuss these topics, raising questions about how the industry can improve understanding of the range of systematic risks.
(Tuesday) 5:00 pm - 7:00 pm GMT
Chancellors Hall Senate House
Malet St., London WC1E 7HU