Energy development is the fastest growing area of development finance nationwide. From new production facilities and renewable energy source development to the retrofitting and renovation of existing buildings to support energy efficiency, energy finance has become a driving force in the economic development community.
CDFA’s Intro Energy Finance Course explores the wide range of tools available for financing energy projects, including bonds, tax credits, revolving loan funds, grant programs, and more. This course will cover how new energy production/generation, energy efficiency, retrofitting and support programs are used throughout the country to encourage investment in large and small projects alike.
The Intro Energy Finance Course begins with an overview of the complex energy development industry and introduces attendees to the terminology and technology driving this movement. We’ll then examine the entire spectrum of energy financing solutions from tax-exempt and taxable bonds, such as new clean renewable energy bonds (NCREBs) and property assessed clean energy bonds (PACE), to revolving loan funds and innovative incentive programs available to businesses, home owners, development professionals, investors and government entities. This course will also explore programs available through the federal government to support energy development, namely the U.S. Department of Energy’s Loan Guarantee Program and resources from other agencies. This course is essential for public leaders, economic development professionals, financial experts and anyone working to address energy development challenges.
This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.
By attending, you will:
- Gain knowledge and insight into the complex energy development industry
- Learn about the application of state and federal energy finance programs
- Interact with leading energy development and finance professionals from around the country
- Review best practices and case studies that can be implemented in your community
- Gain a greater understanding of the partnership opportunities in the energy development industry
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You will learn through:
- Lecture
- Real life case studies
- Presentations from industry experts
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Topics covered include:
- Energy development industry overview
- Energy saving performance measures
- New Clean Renewable Energy Bonds (NCREBs)
- Property Assessed Clean Energy Bonds (PACE)
- Energy efficiency vs. new generation facilities
- Production and investment tax credits
- Revolving loan fund programs
- Incentives and other tools supporting energy development
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Who should attend?
- Bond issuers
- Economic development professionals
- Community development professionals
- Broker, dealers and underwriters
- Elected officials
- Government and nonprofit finance officers
- Corporate trustees
- Legal counsel
- Underwriters
- Commercial bankers
- Accountants
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Course Advisor:
Toby Rittner serves as the Course Advisor for this course providing expertise, leadership and direction for CDFA's Training Institute. Mr. Rittner runs the day-to-day operations of the Council of Development Finance Agencies (CDFA), which includes management of a 32 member Board of Directors, and the organization’s various educational, advocacy and research initiatives. Rittner is a frequent speaker at local, state and national conferences and events focused on economic development finance. He has been featured extensively in The Bond Buyer and other national media publications concerning the advancement of development finance tools. He is the author if CDFA's highly acclaimed Practitioner's Guide to Economic Development Finance and is a Certified Economic Development Finance Professional (EDFP) through the National Development Council (NDC). Rittner has also advised state and federal government leaders, including President Obama’s Administration Transition Team, on economic development finance policy and focus.
Prior to joining CDFA, Mr. Rittner was the Director of Legislative Affairs and former Director of Training for the International Economic Development Council (IEDC). Mr. Rittner has also worked for the Franklin County, Ohio Board of Commissioners, Community and Economic Development Department as a Senior Program Coordinator for Economic Development and as an Associate Planner for the City of Gahanna, Ohio.
Mr. Rittner is a member of the Board of Directors for the Mid-America Economic Development Council (MAEDC) a 10 state, regional economic development finance association and is a member of the Advisory Board for Heritage Ohio. Heritage Ohio is a statewide nonprofit organization promoting the revitalization movement in Ohio. Rittner is also an appointed member of City of Cleveland Heights Citizens Advisory Committee (CAC), which oversees the city’s annual CDBG program. Mr. Rittner holds a Bachelor of Arts in Political Science and a Master's of City and Regional Planning degree from the Ohio State University.
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| 8:00 – 8:30 am | Continental Breakfast & Registration |
| 8:30 – 8:45 am | Welcome & Overview |
Welcome participants, introduce CDFA and set the stage for the two-day course.
| 8:45 – 10:15 am | Understanding Energy Development – Industry Perspective |
Energy development is the fastest growing area of development finance nationwide. From new production facilities and renewable energy source development to the retrofitting and renovation of existing buildings to support energy efficiency, energy finance has become a driving force in the economic development community. This session will provide a basic overview of the energy development industry directly from the industry’s perspective. Representatives from leading energy development organizations will present the facts and demystify the challenges of this burgeoning industry.
| 10:30 am – 12:00 pm | Understanding Energy Development – Market Perspective |
Understanding energy development requires both technical and financial education. The financial market for energy development remains robust but largely uncharted. During this session, leading financial industry representatives will explore the financial market as it relates to energy development. Hear from underwriters, rating agencies, efficiency experts, and other industry leaders as they explain the entire energy finance market from top to bottom.
| 12:00 – 1:15 pm | Lunch on Your Own |
| 1:15 – 2:30 pm | Legal, Policy & Regulatory Considerations |
Energy development, both generation and production, is governed by a complex set of legal, policy and regulatory requirements. These requirements can pose serious challenges to both the physical and financial viability of a project. During this session, counsel and industry representatives will examine the legal, policy and regulatory hurdles and provide initial input into how these challenges can be mitigated.
| 2:45 – 4:00 pm | Examining Potential Project Scenarios – Addressing Critical Questions |
Energy development projects come in many different shapes and sizes. From larger production and generation facilities and new technology ventures to small scale residential and retrofitting projects, the possibilities are endless. During this session, industry experts will explore a variety of potential scenarios available to communities looking to explore energy development initiatives. The goal of this session is to set the stage for the second day of the course and begin to think critically about potential projects in your community.
| 8:00 – 8:30 am | Continental Breakfast & Registration |
| 8:30 – 10:00 am | Case Studies – Diversity of Project Financing |
Each and every energy project is unique and requires a different financing approach. Over the past decade, dozens of state and local energy financing models have emerged. This session will explore several projects to demonstrate the variety of financing mechanisms available to project developers and will provide context for the remaining sessions of the course as we look at implementing specific tools.
| 10:15 am – 12:00 pm | Bond Financing Mechanisms for Public & Private Energy Projects |
Bond financing is the bedrock of public finance and has heavily influenced energy development throughout the country. This session will begin to explore the various bond financing options available to state and local development agencies in supporting energy development. Included in this discussion are new Clean Renewable Energy Bonds (New CREBs) and Property Assessed Clean Energy Bonds (PACE) as well as traditional bond financing mechanisms. Finally, the session will explore the accompanying programs available through the U.S. Department of Energy and U.S. Department of Agriculture.
| 12:00 – 1:15 pm | Lunch on Your Own |
| 1:15 – 2:30 pm | Incentive & Tax Credit Programs |
Incentives and tax credits are powerful tools being used to develop today’s new energy infrastructure. From both the federal and state perspective, these tools are encouraging industry investment and project development. This session will explore a variety of incentive and tax credit programs that can make a difference in project completion.
| 2:45 – 4:00 pm | Private Equity & Loan Fund Strategies |
Private investment will play a major role in the development of a new energy infrastructure in the United States. This investment will come from a variety of sources and must be fully harnessed to increase development opportunities. This session will explore private equity and loan fund strategies being employed to encourage investment in energy. Private equity investors and leading experts will discuss how to attract investment to a deal to ensure success.
The course will take place at the DoubleTree Washington DC in the heart of downtown Washington, DC. The course hotel is located at:
DoubleTree Washington DC
1515 Rhode Island Avenue NW
Washington, DC 20005
Phone: (202) 232-7000
www.doubletreewashington.com
Due to very high attendance, the DoubleTree is sold out for sleeping nights. However, several other hotel options exist very nearby. Suggested hotels include:
Holiday Inn Washington DC Central/White House – Next door to the DoubleTree Washington, DC
Beacon Hotel – One block from DoubleTree Washington, DC
Hotel Rouge – One block from DoubleTree Washington, DC
The Dupont Hotel – Four blocks from DoubleTree Washington, DC
Please contact CDFA if you are having difficulties securing a hotel room at a local area hotel. CDFA staff is very familiar with the area and can assist with locating suitable lodging.
This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.
Register before August 20, 2010 for Early-Bird Rates.
| Early-Bird Registration | Standard Registration |
| Member | $550.00 | $600.00 |
| Non-Member | $675.00 | $725.00 |
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