Opening Session

Session A6 | Day 2, Weds 30 June, 09.30-10.15am

Session Summary
Day Two begins with a number of high profile speakers addressing the underlying topic of project delivery.

• Maria McCaffery, Chief Executive, RenewableUK
•Chris Huhne MP, Secretary of State for Energy and Climate Change
• Andrew Reid, Managing Director, Douglas-Westwood Ltd
• Andrew Buglass, Head of Power, Structured Finance, The Royal Bank of Scotland plc

	Chair: Maria McCaffery, Chief Executive, RenewableUK Maria McCaffery was appointed Chief Executive of RenewableUK in June 2006. She is a graduate Chemist with a long track record in business support, international trade and national membership organisations. She is passionate about renewable energy systems and now champions the use of the UK’s natural energy resources for electrical power generation, primarily from wind, wave and tidal technologies. With a strong focus in policy development and communications, she is engaging with industry, government and the finance sector to accelerate the deployment of all forms of renewable energy. In 1998 Maria was awarded an MBE for her services to international trade.
	Video Address: Chris Huhne MP, Secretary of State for Energy and Climate Change Biography Chris Huhne has been the Member of Parliament for the Eastleigh constituency in Hampshire since 2005, having been the member of the European Parliament for the same area for six years (1999-2005). On entering parliament, Chris Huhne served as Shadow Chief Secretary to the Treasury until 2006 when he became Shadow Secretary of State for the Environment, Food and Rural Affairs and then most recently, Shadow Home Secretary. Before entering politics, Chris was a financial and economic journalist for nineteen years at the Guardian, Independent and the Economist. He also founded one of the City’s largest teams of economists advising pension funds on overseas investments.
	Speaker: Andrew Reid, Managing Director, Douglas-Westwood Ltd Andrew has been responsible for a series of research, due diligence and strategic review projects for major investors and contractors to the energy services industries worldwide and has completed over 100 transactions in the sector. Andrews’s principle areas of expertise are within commercial and strategic analysis, innovation theory and economics. Recent engagements have included a number of strategic advisory projects to equipment and service providers to the offshore wind industry. Andrew has also been instrumental in the initiation of the DWL OWEPT tool for the provision of economic analysis of offshore wind farm developments. Previously at Ernst & Young, Andrew was an M&A advisor focused on the energy industry managing buyside and sellside mandates and corporate development projects. He also has extensive experience as an energy analyst including market modelling, forecasting, and due-diligence studies. Prior to these appointments he was a sellside equity analyst responsible for European energy services coverage with investment bankers Simmons & Company. Previously Andrew held a commercial role within a major oilfield service business. Andrew was educated at the University of Aberdeen and gained an MA(Hons) in Economics & Political Science, an MBA from the Aberdeen Business School, is a member of the Society of Petroleum Engineers and member of the Corporate Finance Faculty.
	Speaker: Andrew Buglass, Head of Power, Structured Finance, The Royal Bank of Scotland plc Andrew joined RBS in 2008, and has 18 years of project finance experience, with 16 years focused exclusively on the Energy sector. He leads the team covering origination and execution of structured financings for clients across the power sector, encompassing renewables and conventional thermal generation. Andrew joined RBS from ING, where he was latterly running the bank’s Amsterdam-based Utilities / Power team of 11 professionals, covering power projects in Europe and the Middle East. With ING, Andrew led a wide variety of transactions covering new build developments, acquisitions and refurbishment projects, in established as well as emerging markets. Prior to ING, Andrew was a Director in Hypovereinsbank’s Global Oil & Gas team in Munich. For 5 years, he was responsible for Unocal Corporation’s Asian project financings, based in the company’s Singapore office, where he closed a number of acquisitions and oil and gas financings, including funding for the $980m West Seno deepwater oil development in Indonesia. Andrew was previously with PowerGen plc, both in Malaysia and in London, and was Assistant Group Treasurer and Joint Head of Project Finance, with particular responsibility for the company’s Asian projects. Amongst a broad range of projects, he was deal team leader for the $1.7bn financing of PT Jawa Power in Indonesia. Andrew joined PowerGen from the London office of GiroCredit Bank AG, and before that worked for Barclays Bank. He has an MA in Modern Languages from Oxford University.