1-2 February 2023 | Leonardo Royal Hotel Tower Bridge, London UK    #SFIEurope

Days
Hours
Minutes

José Antonio Urquizu

Partner
Everwood Capital
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Everwood Capital is a Spain based Management Company specialized in renewable assets with c. 600M in assets under management. Since its foundation in 2015, Everwood Capital has raised five Funds to invest in renewable energy assets, with a special focus on photovoltaic projects. Funds I, II and III have already been fully divested with realized net annual returns to investors of between 18% and 33% net IRRs. Everwood Fund IV, incorporated in 2018, was the first Spanish Fund devoted to greenfield utility scale photovoltaic projects, strategy continued by Everwood Fund V, which is still under fundraising and is expected to achieve its final closing in 2022. Everwood Fund V is one of the first Spanish funds to classify under Art. 9 of the Sustainable Finance Disclosure Regulation (SFDR), the highest classification in the new European sustainability benchmark.

José Antonio has over 20 years experience in energy, private equity and private debt having worked previously for Goldman Sachs in London, where he focused on renewable energy and private debt opportunities. Prior to Goldman Sachs he worked for Portobello Capital, Credit Suisse and Monitor Company.

José Antonio holds an MBA by INSEAD and Economics and Law Degrees by ICADE.

09:10
 - 09:50
Keynote Panel Discussion
COMMODITIES, CAPEX, CAPITAL & CONFIDENCE: HOW HAVE 2021 HEADWINDS AFFECTED THE INDUSTRY?

2021 saw global headwinds have a direct and expensive impact on the solar industry as supply chain constraints and materials prices rose dramatically. This has led to some project delays and investors re-working the economics in their projects. In this panel, we ask specifically what impact this has had on investor confidence.

  • Hindsight is 2021 but what have we learnt?
  • Volatility was everywhere in 2021 and we saw gas and oil prices rise alongside other key commodities and – crucially – equipment and services for projects, what is the long-term outlook and how have these changed project economics?
  • Are we ready if interest rates increase?
  • There is often talk about a “wave” of capital and we have seen the relationship shift between investor and developer – where is this wave headed and how can developers ensure ongoing access to capital?
  • Has the cost of capital or investor expectations changed?

Moderated By

, Partner
, EY
, CFO
, Sonnedix
, CIO
, Blue Elephant Energy
, Partner
, Everwood Capital
, Managing Partner & CIO
, NextEnergy Capital
, Managing Partner
, Bluefield