Ep150: Merchant Financings After Texas

Has the appetite among banks and tax equity investors to finance hedged merchant power and storage projects changed as a result of the events last month in Texas and, if so, how? What lessons did lenders and tax equity investors take away about how to do future projects? Are the effects limited to projects in ERCOT? Sven Wellock, managing director and co-lead of energy – renewables and power at ING Capital, Daniel Miller, managing director at CIT Energy, James Wright, managing director and head of renewables, clean energy and sustainability for the United States at CIBC Capital Markets, and Rubiao Song, managing director and head of energy investments at JPMorgan, talk about these and related questions with Keith Martin from Norton Rose Fulbright.