The Market For Power Assets: 2005 & 2006
February 9-11, 2005 - Embassy Suites Airport Hotel - Phoenix, AZ
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This conference has been structured to help buyers and sellers of, as well as investors in, power industry assets to maximize the value of potential deals by gaining a thorough understanding of the process and the conditions of today's M&A market. Leading players in the game will discuss:

• Assessing the salability of power industry assets-where are we in the current power industry "business cycle"? What trends will dominate the market in 2005 and 2006? What portfolio strategies will make the most sense?

• What are the critical legal and regulatory considerations that you must understand to profit from these transactions?

• How should you value power industry assets in today's market?

• How to maximize the value of tax and other incentives in your deals

• The best approaches to structuring asset acquisitions and divestitures in today's market

• Optimizing the value of assets post-acquisition

If you want to gain a much keener understanding of the activity in today's market and the outlook for 2005 and 2006, this is the conference you must attend!

Topics Include:

• Overview of the Generation Asset Market: Trends in Prices, Yields and Volumes
• Recent and current sales
• Segmentation and evolution of the generation market
• Legal and Regulatory Considerations in Structuring Strategic Energy Transactions from Buyers and Sellers Point of Views
• The View on Power Industry M&A from Wall Street
• The Impact of Federal Regulatory Initiatives on Power Market
• Regulatory Issues in Power Asset Acquisitions and Divestitures
• Trends and Methodologies
• A Simulation-Based Risk Analysis
• Portfolio Strategies for Power Assets-What's on the Horizon in 2005 and 2006?
• Impact of developing generation capacity shortages on volumes of generation sales and asset prices
• Evolving Tax Strategies in Power Asset Sales
• Tax strategies a savvy buyer might use to win bids
• Special issues when dealing with insolvent sellers
• Key Issues in Energy Asset Transactions in Today's M&A Market, from Seller's Perspectives & Buyer's Perspectives
• How are buyers financing their purchases of power industry assets?
• Are 'financial buyers' being hamstrung or supported by regulators? How are 'financial' deals being structured? What impact are they having on market dynamics?

Distinguished Faculty:

Joris Hogan, Partner, MILBANK, TWEED, HADLEY & McCLOY LLP, Conference Chair
Jeff Bodington, President, BODINGTON & ASSOCIATES
Ted Brandt, CEO, MARATHON CAPITAL LLC
Steve Dean, President, DAI MANAGEMENT CONSULTANTS, INC.
Martha Elvey, Director, Financial Review Division, PUBLIC UTILITY COMMISSION OF TEXAS
Ed Feo, Partner, MILBANK, TWEED, HADLEY & McCLOY LLP
Todd Filsinger, Member, Management Group, PA CONSULTING GROUP
Mark Griffith, Vice President, Asset Valuation and Risk Analysis, GLOBAL ENERGY DECISIONS
Sam Kwon, Associate, CHADBOURNE & PARKE, LLP
Joseph Lane, Director, MARATHON CAPITAL LLC
Kevin McSpadden, Attorney, MILBANK, TWEED, HADLEY & McCLOY LLP
Brad Nordholm, CEO, TYR ENERGY
Judah Rose, Managing Director, ICF CONSULTING
Gary Rygh, Vice President, Global Power & Utility, Practice Group, MORGAN STANLEY
James Schaefer, Senior Vice President, LEHMAN BROTHERS
Sebastian Tiger, Senior Market Advisor, Office of Market Oversight and Investigations, FERC
Ed Tirello, Managing Director, BERENSON & COMPANY
Al Statman, Executive Vice President and General Counsel & Secretary, TRANS-ELECT INC.
Stan Wise, Commissioner, GEORGIA PUBLIC SERVICE COMMISSION

Pre-Conference Workshop

Pre-Conference Workshop - M&A MADE EASY FOR ENERGY PROFESSIONALS: An Overview of the Process and Required Documentation - Wed., February 9

Click Here To Download A Complete Conference Brochure
Click Here For A Complete Listing Of Upcoming Conferences