Shows / Currents

Currents
Currents is a podcast published by Norton Rose Fulbright that features in-depth discussions on the latest developments in project finance. The podcast is hosted by partner Jim Berger, who interviews key business leaders and policy makers to investigate important trends affecting the energy and infrastructure space.
Episodes
CurrentsEp72: The ITC Extension Bill
Jessie Robbins, senior director of structured finance at Sol Systems, joins us to talk about the ITC extension bill. We talk about whether developers still…
CurrentsEp71: BloombergNEF's New Energy Outlook
Ethan Zindler, head of Americas at BloombergNEF, joins us to discuss their New Energy Outlook. We get into how the outlook differs from others in the market…
CurrentsEp70: Solar Refinancing and M&A
Richard Matsui, founder and CEO of kWh Analytics, is back to give us an update on their Solar Lendscape from the asset owners’ perspective. We get into their…
CurrentsEp69: The Re-entrance of US ExIm Bank
John Schuster, founder and president of JLS Capital Strategies, LLC and former vice president and head of the structured finance division of US ExIm Bank…
CurrentsEp68: The Current State of the California Market
Jan Smutny-Jones, CEO of the Independent Energy Producers Association, joins us to discuss the California market. We discuss the current appetite for new…
CurrentsEp67: The M&A Landscape for Renewables
Ted Brandt, CEO and founder of Marathon Capital, joins us again to discuss his overall perspective on how active the M&A market is for renewables right now and…
CurrentsEp66: Tax Market Update
David Burton, partner in our New York office, joins us to for an update on recent headlines in the tax market. We discuss the recent opinions of the US Court…
CurrentsEp65: The Solar Market: Today and Tomorrow
Tom Buttgenbach, CEO and president of 8minute Solar Energy, one of the most successful developers of utility-scale solar projects in the United States, joins…
CurrentsEp64: Thermal Power Hedging
Noam Berk of Dean Street Capital Advisors joins us to discuss interesting developments in thermal power hedging as well as key hedge products. We get into the…
CurrentsEp63: The Business of Repowering
Ali Ghorashi, head of section, wind independent engineering at DNV GL, joins us to unpack the business of repowering, which has become relevant in the past few…
CurrentsEp62: North American Development Bank
Alex Hinojosa, Calixto Mateos, Carlos Carranza, and Salvador Lopez of the North American Development Bank, join us to talk about why the bank was formed, the…
CurrentsEp61: Solar Risk Assessment Report
Richard Matsui, CEO and co-founder of kWh Analytics, and Dana Olson, solar segment leader at DNV GL, join us to discuss the recently published "Solar Risk…
CurrentsEp59: Quasi-merchant Gas Deals with Investec
Ralph Cho and Mike Pantelogianis, Power & Infrastructure Finance Co-heads for Investec in North America, join us to discuss quasi-merchant gas deals. They go…
CurrentsEp58: Energy Storage PPAs
Kat Gamache, senior counsel at Norton Rose Fulbright, joins us to discuss all things energy PPAs. We go into the biggest differences between traditional…
CurrentsEp57: BayWa's Innovative PPA Approach and Market Overview
Jared Quient, Executive Vice President and General Counsel at BayWa r.e., joins us to discuss the innovative PPA structure the company recently used to finance…
CurrentsEp60: DOE’s Solar Energy Technologies Office
Dr. Becca Jones-Albertus, deputy director of the U.S. Department of Energy Solar Energy Technologies Office, joins us to talk about what the office does and…
CurrentsEp55: kWh Analytics' Solar Lendscape
Richard Matsui, CEO and co-founder of kWh Analytics, joins us again to share the company's popular Solar Lendscape and discuss the current solar market. He…
CurrentsEp54: The US LNG Industry
John Mauel, partner in our Houston office, joins us to discuss the current US LNG market. We take the discussion from an overview of the global LNG industry to…
CurrentsEp53: Practical Wisdom About Tax Equity
John Eber, former CEO of JPM Capital Corporation, joins us for a conversation about lessons learned over a 30-year career working as a prominent tax equity…
CurrentsEp52: DNV GL's Energy Transition Outlook
Marion Hill, business line director, renewable energy for North America of DNV GL, joins us to discuss the company's "2018 Energy Transition Outlook." We talk…
CurrentsEp51: Working with the NY Green Bank
Alfred Griffin, president of the NY Green Bank, joins us to discuss its mission, what types of deals it is authorized to do and the benefits of borrowing from…
CurrentsEp50: Covariance Risk with RESurety
Listen in as Lee Taylor, CEO of REsurety, joins Todd Alexander and Rob Eberhardt to give us a refresher course on covariance risk. Lee answers everything from…
CurrentsEp49: Grid Strategies on Electricity Market Design
Rob Gramlich, CEO of Grid Strategies, joins us to discuss a recent report on reforms needed in the PJM and MISO electricity markets for renewable energy to…
CurrentsEp48: Mexico: Changes in Store?
The new Mexican president already made headlines by halting construction work on the new Mexico City airport and requiring resignations of executives at state…
CurrentsEp47: Cost of Capital: 2019 Outlook
It is the start of a new year. Interest rates are headed up in the broader market. Economists are split on where the US and global economies are headed. Share…
CurrentsEp46: Solar Revenue Put: One Year Later
In Episode 23, Richard Matsui of kWh Analytics sat down with us to explain the solar revenue put. One year later, he joins us again to discuss how the market…
CurrentsEp45: Potential Impacts from Wildfires on PG&E
Bob Shapiro joins us to discuss potential wildfire impacts on PG&E, including potential impacts to PG&E's counterparties. We dive into the relationship between…
CurrentsEp44: Post-Election Assessment: US Power Sector
Listen to a discussion among Keith Martin and five veteran Washington lobbyists and power company office heads about how the US mid-term election results are…
CurrentsEp43: A Master Class on Ratings for Projects
Greg Remec, Senior Director with Fitch Ratings, joins us to give a master class on ratings for projects, discussing what goes into a rating, how the different…
CurrentsEp42: Title Insurance for Projects
Scott Bank of First American Insurance sat down to discuss all things title insurance; in this episode we go from title insurance 101 and endorsements for…
CurrentsEp41: M&A Due Diligence
Ken Elser of DNV GL joins us to discuss when a company contemplating an M&A transaction should approach an independent engineer, the different methods DNV GL…
CurrentsEp40: Emerging Energy Infrastructure Opportunities
Ren Plastina of Investec joins us to talk about energy storage and electric vehicles and how to be a first mover in both markets. He gets into energy storage…
CurrentsEp39: Interview with an Industry Veteran: Steven Greenwald
Steven Greenwald, senior advisor and former head of project finance with Credit Suisse, reflects on a rich 39-year history in the project finance industry…
CurrentsEp38: The Future of Energy Storage
Michael Kleinberg, head of distributed energy resources and energy storage at DNV GL, joins us to talk all things energy storage. He shares an update on…
CurrentsEp37: Legal Perspective: Reps and Warranties Insurance
The representations and warranties insurance (RWI) market is growing rapidly as the insurance expands in scope to cover more types of transactions. David…
CurrentsEp36: CFIUS Legislation Update
Amanda Rosenberg tells us what the major changes to CFIUS are and how they will affect the energy industry, including details on the new review authority…
CurrentsEp35: PACE Securitization Overview
Listen in as Patrick Dolan offers a general overview of securitization and then dives specifically into the niche market of property assessed clean energy…
CurrentsEp34: Legal Perspective: Back-leveraged Loans
Jim Berger discusses back-leveraged loans from a legal perspective, going over the big picture of project structures as well as the most negotiated points in…
CurrentsEp33: IPPs, PPAs, and Chapter 11
Bankruptcy lawyer Howard Seife sits down to talk about what happens when a power purchaser files for bankruptcy, using the recent Chapter 11 filing by First…
CurrentsEp32: Capital Dynamics' View on the Solar Market
We sat down with Benoit Allehaut, director on the clean energy infrastructure team at Capital Dynamics, fresh off the heels of its acquisition and…
CurrentsEp31: CFIUS: A Closer Look
Join us as we take a closer look at CFIUS, the Committee on Foreign Investment in the United States, the committee is charged with reviewing transactions in…
CurrentsEp30: New York: Renewable Energy Incubator
Todd Alexander meets with Alicia Barton, president of NYSERDA to discuss New York's 50% renewable energy by 2030 plan, their aims for the offshore wind market…
CurrentsEp29: Increasing Regulatory Headwinds
Keith Martin joins Todd Alexander to talk about the likely outcome of DOE efforts to halt coal and nuclear power plant retirements, how the growing number of…
CurrentsEp28: The M&A Landscape
Todd Alexander discusses the M&A landscape, macro trends in the market, valuations, assumptions, natural owners and more with industry veteran Ted Brandt of…
CurrentsEp26: Tax Credit Insurance for Renewable Projects
Tax equity transactions have been a mainstay of financing renewable energy projects. While the general idea—using the tax benefits from renewable energy…
CurrentsEp25: Energy Storage Drivers & Pitfalls, a Webinar with ICF
Please join us for a webinar from Norton Rose Fulbright and ICF on energy storage. Our own Kat Gamache and Deanne Barrow are joined by Judah Rose and Shankar…
CurrentsEp24: Net Metering and Community Solar Update
As the community solar market continues to expand, our associate Ana Vucetic joins us to provide an update on the market and takes us through important recent…
CurrentsEp23: Solar Revenue Puts with Richard Matsui, KwH Analytics
Richard Matsui, CEO of KwH Analytics, joins us to discuss the Solar Revenue Put, an innovative new financial product that may change the way many solar…
CurrentsEp21: Interview with a Wind Energy Pioneer: Jacob Susman
Jacob Susman has been investing and developing projects in renewable energy since 1999. He led OwnEnergy from inception to its sale to EDF Renewable Energy…
CurrentsEp20: Tax Changes Affects on Transactions
Join Keith Martin, David Gillespie and Michael Masri as they take you through over a dozen provisions in the recently enacted tax bill that will affect…
CurrentsTax Bill's Impact on the US Power Market
A massive tax-cut tax bill that is in the final stages in Congress has significant consequences for the US power industry, especially renewable energy…
CurrentsEp18: Mexico Power Auctions
Dramatic change is underway in Mexico's power sector. Clean energy auctions awarding long-term power purchase agreements have been a great success so far. The…
CurrentsEp17: Back-leverage Loans: Trends and Issues
Back-leverage loans have become the primary way to raise debt for tax equity-funded renewable energy projects in the US. Today, we're joined by Ralph Cho and…
CurrentsEp16: Renewable Energy Hedges
To kick off Season 2 of Currents, we've invited Rob Eberhardt, partner in New York, to discuss financial hedges for renewable energy projects. Rob helped to…
CurrentsEp15: Cross-border Energy M&A Transactions
Mergers and acquisitions activity in the energy sector is on the rise, and cross-border transactions are driving much of this activity. In today's episode, we…
CurrentsEp14: Political Risk Insurance: Industry Overview and Trends
As political uncertainty continues to dominate the news, we take a closer look at political risk insurance: a valuable tool when developing projects in riskier…
CurrentsEp13: Spotlight on LNG-to-Power Projects
The global LNG industry has seen remarkable growth in a short time. Noam Ayali and Brian Greene, partners in our Washington, DC office, fill us in on the…
CurrentsEp12: WIFIA and the US Water Infrastructure Gap
The Water Infrastructure Finance and Innovation Act, “WIFIA,” is a funding mechanism that was enacted to address the US water infrastructure gap. WIFIA aims to…
CurrentsBonus: An Interview with Governor Pataki
In this special bonus episode, Governor Pataki discusses his political views and influences, what motivates him, and his advice for the next generation.
CurrentsEp11: Gov. Pataki's Perspective on Energy and Infrastructure
In this episode, we're joined by the 53rd Governor of New York state, George E. Pataki, to discuss his views on the future of energy and infrastructure under…