Investment in energy storage in the US has gradually built up momentum, but what will really take it into the mainstream – and when? A panel of financiers discuss their opinions and experiences in this panel session.
Representatives from development-stage renewables investor Leyline Capital and renewables investment bank Javelin Capital, banking and wealth asset management group Investec, sustainable infrastructure investment advisory SUSI Partners, corporate and investment bank KeyBanc Capital Partners took part in the session of the Energy Storage Summit USA, hosted earlier this year by our publisher Solar Media.
Moderated by Investec's Michael Pantelogianis, who is one of the group's heads of power and infrastructure finance, the group talk both opportunities and challenges that energy storage developers might face in getting investors on board, and what investors themselves should think about when getting on board.
Patrick Norton, managing director of specialist investment banking business Javelin Capital says that the complexity of revenue streams and how they stack together is perhaps making investors reluctant to dive in, but the capital is there.
Richard Braakenburg, managing director of investments at Swiss investment advisor SUSI Partners AG says that navigating the different available incentive structures across US states is another complex aspect of building the investment case and finding the right partners that understand the markets is essential.
Rebecca Chilton, director of project finance at Leyline Capital said this year's Texas Winter Storm, which caused days of power outages across the state, brought to light the “evolving use of batteries and the evolving importance of batteries in all parts of the grid and reformation of the grid”.
Watch the video below for the panelists insights:
Moderator: Michael Pantelogianis, co-head of power and infrastructure finance at Investec
Panelists: Richard Braakenburg, managing director of investments, SUSI Partners AG
Rebecca Chilton, director of project finance at Leyline Capital
Aaron Klein, managing director of power & renewable energy investment banking, KeyBanc Capital Markets
Patrick Norton, managing director, Javelin Capital
Presenter / Producer: Lucy Jacobson-Durham, Solar Media
Cover image: The winter weather caused a serious energy crisis in Texas this February, highlighting the importance of battery storage for the grid. Image: Texas National Guard.
The Energy Storage Summit USA returns on 23-24 March 2022 in a live format! It will continue to foster and accelerate investment and deployment of energy storage globally. Through informative panel sessions and case studies from leading industry figures, networking roundtables and private workshop sessions. We will also see the return of the exhibition hall where you can explore the innovative solutions and products available within the industry and exchange business ideas.
There are digital tickets also available, book your ticket today at a discounted early bird price (limited availability).