IN-PERSON CLASSROOM SEMINARS

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30th Annual Power and Gas M&A Symposium - In Partnership with S&P Global Market Intelligence
Suggested February 13th Pre-Conference Workshop-See PGS website for details

A Two-Day Classroom Seminar (CPE Approved)

Celebrating its 30th annual, the Power and Gas M&A Symposium continues to be the pre-eminent executive industry conference. Bringing utilities and Wall Street together, this executive conference has become the de facto opening bell for the M&A season. 2016 has been an active year, shaped by high valuations, regulatory scrutiny, and a bit of a paradigm shift in how executives view potential targets. As companies struggle with earnings pressure, decision-makers are weighing both opportunities and obstacles. Whether you are anticipating a growth strategy or are an acquisition target, this event is for you.

Each year the industry experts are gathered to provide key insights into the market. Backed by data and analytics you won't find at other events, you will receive essential intelligence necessary to make informed decisions. Past attendees praise the event for providing relevant, timely and usable intelligence delivered by high quality speakers. While the content is unparalleled, this executive conference also provides ample time to network with executives from across the industry, and across the country.

Make plans to attend today.

What You Will Learn
  • Setting the Stage for New M&A challenges: CEO Roundtable.
  • Successful M&A in the Current Environment: Investment Banking Perspective.
  • Developments in the Generation Sector.
  • Outlook for MLPs and YieldCos,
  • Energy Policy - Where are We Now, and What Lies Ahead?
  • Transmission - Finding Investment Opportunities.
  • Midstream Opportunities.
  • The Market is Watching the Sector...What do they see?
Seminar Agenda
Untitled Document

Day One | Tuesday, February 14

Continental Breakfast

Welcome & Introduction

Opportunities and Obstacles: CEO Roundtable Perspective

In this executive panel, we hear from the decision-makers as they examine the industry, highlighting how companies are changing their strategies in response to the industry. We will examine growth opportunities such as natural gas and renewables, as well as obstacles to growth, such as regulatory scrutiny.

Investment Banking Outlook

  1. Valuations continue to be high; have we peaked?
  2. How are deals being structured, and what is the POV of continues low interest rates?
  3. Regulated versus unregulated: Is there a strategic rationale for either? Is it short sighted to look at current prices as a determining factor or is there a longer play?

Luncheon

Developments in the Generation Sector

  1. Current state of generation and the impact that environmental regulations
  2. Nuclear Promise: With recent activity in New York, what is the state of nuclear? How have the subsidies impacted M&A prospects?
  3. Which ISO markets are viewed the most favorably by generation owners?
  4. Continued coal plant retirements; what is the state of coal?

Renewable Energy: Investor Perspective

  1. Hear from dealmakers as we examine key market trends impacting renewable energy growth, as well as alternative financing techniques utilized to structure the deals. What do the PTC and ITC extensions mean for renewables M&A?
  2. Hear from the dealmakers as we examine key market trends impacting renewable energy growth, as well as alternative financing techniques utilized to structure the deals. Discuss how PTC and ITC will impact the market, and if development rights through PPA's will be valued over M&A.

Cocktail Reception

 

Day Two | Wednesday, February 15

Continental Breakfast

Welcome & Day One Recap

What's Happening on Capitol Hill: Federal Policy Outlook

  1. • Explore how the recent regulatory environment is impacting industry deals, and how utilities are reevaluating prospective targets
  2. • Lessons learned from the previous administration
  3. • Early outlook regarding the new administration and what that may mean for acquisitions
  4. • Clean Power Plan Update and strategies moving forward

International Investments: US M&A in a Global Environment

  1. Continued Canadian interest in US assets
  2. Japan rising: Several recent deals have come from Japanese backed investors; will this interest continue?
  3. Mexico and Latin America: Where are the opportunities and are they worth the risk?
  4. What is the appetite for Africa?

Restructuring the Deal

With the Fed holding off on interest rate hikes, will the balance between debt v equity investments change? How are the ratings agencies responding? As we examine dealmaking, are ratings agencies concerned with creditworthiness, given the higher valuations? How will the MLP and YieldCo market fare in 2017? What is the impact is YieldCos go private?

Midstream Sector: Continued Demand?

  1. Valuations have been high, and some companies are willing to pay that premium given the returns
  2. Midstream activity continues to account for some of the largest deals; will this trend continue? Who are the buyers?
  3. Obstacles to acquisitions (regulatory, financial, valuation) and outlook for 2017

Closing Remarks (Followed by a Buffet Lunch)

 

Hotel and Seminar Information
Your registration includes all conference materials, continental breakfast and lunch both days, and the evening cocktail reception at the end of Day One. Registration for just the pre-conference workshop covers that day's activities only. The symposium will start at 8:00 AM and will finish at 5:30 PM on the first day and from 8:00 AM to 1:15 PM on the second day. Breakfast and lunches are provided. Dress is formal business attire.
COVID 19 Information: Please click here for the PGS Covid-19 policy. You can confirm each hotel's specific COVID 19 policy using the link(s) provided below.
Registration Fee and Discounts
The price for this comprehensive two-day seminar is $1,995 (USD).
Register online or Call (440) 853-1038.
  • Additional attendees and government employees receive a 10% discount.
  • Register 4 or more attendees and receive 20% Off. Special pricing is available for groups of 5 or more.
    If you want attendees to pay with separate credit cards or have other questions, please call (440) 853-1038 for assistance.
Payments and Cancellations
Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane • Hilton Head Island, SC 29926. Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.
CPE Credits in Specialized Knowledge

This live group seminar is eligible for 11.5 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.
PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP's membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpd.
Who Should Attend

Senior-level executives at utilities and merchant generators.Investment banking professionals.Industry regulators.Asset managers and analysts.Private equity and sovereign fund investors.

Legal and management advisors to the industry.

Prerequisites and Advance Preparation

This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar. However, the Pre-Conference workshop is suggested.

Why Choose PGS?

PGS in Partnership with S&P Global Market Intelligence seminars are known for their clear explanations and in-depth content. The SNL Energy seminars are produced by the Knowledge Center, expert training from S&P Global Market Intelligence. Register today, and join the energy professionals who have already attended one of these proven programs.

Program Level & Delivery Method
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level. Delivery method is "Group-Live.”