Conference on the Europe 2020 Project Bond Initiative

This Conference serves as an integral part of the stakeholder consultation for the Europe 2020 Project Bond Initiative launched by the European Commission and the European Investment Bank (EIB).

Commissioner Olli Rehn and EIB President Philippe Maystadt opened the conference.

The European Commission and the EIB then presented and explained of the Initiative in detail, followed by three consecutive roundtables:

• Session 1: Synthesis: Advantages and disadvantages compared to the current financing models.
• Session 2: Demand View: Investor requirements in terms of deal structure
• Session 3: Supply View: Expected impact of the project bond initiative on capital market funding of projects

Please download for further information:

• Stakeholder Consultation Paper [71 KB] on Europe 2020 Project Bond Initiative

Date and venue

Monday, 11 April 2011, 9h00 – 17h00

Albert Borschette Conference Centre, Brussels

Agenda and documents

• 09.00-09.45 - Opening by Commissioner Olli Rehn and Philippe Maystadt, President of the EIB 
  
  Speech1 [36 KB] , Speech2 [319 KB] , presentation Rehn [119 KB] , presentation Maystadt  [264 KB]     
     
• 09.45-10.45 - Presentation of the Project Bond Initiative and infrastructure market
  
  Gerassimos Thomas, DG ECFIN and Pierluigi Gilibert, EIB. Followed by Q&A sessionpresentation1 [275 KB] , presentation2 [667 KB]
   
• 10.45-12.15 - Round Table 1: Advantages and disadvantages compared to current financing models   
      
  
  • Chaired by: Thomas Barrett, EIB
  • Panelists:
    • Dennis Ishay and Ali Kazmi, Deutsche Bank DB1 [197 KB] , DB2 [186 KB]
    • Yann Le Saux, Bouygues Construction Bouygues presentation [379 KB]
    • Klaus Kathmann, Strabag Infrastructure Development Klaus Kathmann [2 MB]
    • Julia Prescot, Meridiam Infrastructure Managers Meridiam. [632 KB]        
           
• 13.15-13.30 - European Parliament – EU Investment Needs to Support Growth
  
  Sharon Bowles, MEP, ALDE Sh. Bowles [102 KB]   
   
• 13.30-15.00 - Round Table 2: Demand view: Investor requirements in terms of deal structure 
    
  
  • Chaired by: Anna Krzyzanowska, DG INFSO
  • Panelists:
    • Thomas Bayerl, MEAG
    • Clare Burgess, Clifford Chance Deal structure [250 KB]
    • Deborah Zurkow, MBIA/Trifinium Presentation Trifinium [271 KB]
    • Marc Bajer, Hadrian's Wall Capital Presentation capital [307 KB]    
             
• 15.00-16.30 - Round Table 3: Supply view: Expected impact of the project bond initiative on the capital market funding of projects    
     
  
  • Chaired by: Jean-Eric Paquet, DG MOVE
  • Panelists:
    • Carlo Secchi, European Coordinator for the TEN-T Priority Projects 3 and 19 Projects [496 KB]
    • Johan Verhaeghe, Moody's Investors Service Moodys presentation [942 KB]
    • Georg Grodzki, Legal and General Investment Management LI presentation [411 KB]
    • Nicholas Jennett, EPEC
        
• 16.30-17.00 - Closing remarks
  
  Philip Lowe, DG ENER Closing [96 KB]   
  
  Please note that for non-Commission presentations, copyright rests with the author(s).