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"The major challenge facing new nuclear power plants [is]
                                                                  construction financing." - Nuclear Energy Institute, March 2010




 Nuclear INvestmeNt & Project
 FINaNce coNFereNce, usa 2010
                                                                                                                              aCt now!
                                                                                                                                SAVE UP TO
                                                                                                                               $200!
                                                                                                                               DETAILS INSIDE
 November 16-17, 2010, Washington DC, L'enfant Plaza Hotel, USA


 plan your proJeCt finanCe strategy,
 Mitigate risk and seCure inVestMent
 for new nuClear ConstruCtion
 EXPERT SPEAKERS INCLUDE:                                                                                SPEAKING ORGANISATIONS INCLUDE:




 Jonathan Silver,          W. Kenneth Hughey,     Jack Bailey,               Dale Lloyd,
 Executive Director of     VP, Nuclear Business   Vice President, Nuclear    Project Support Director,
 Loan Guarantee Program,   Development,           Generation Development,    Vogtle 3 and 4,
 Department Of Energy      Entergy Nuclear        Tennessee Valley           Southern Nuclear
                                                  Authority


• loan guarantee update: Hear from the DOE
 Loan Programs Office and learn how to secure
 government backing for your project
• alternatiVe funding Methods: Hear how to
 secure alternative funding to aid the construction of
 your new nuclear facility
• epC ContraCt negotiation: Understand how to
 structure EPC contracts to avoid disputes and reach a
 mutually beneficial agreement
• Mitigate finanCe risks: Learn how to identify and
 mitigate financial risks to ensure you create a bullet-
 proof project finance strategy
• poliCy and Market update:
 Learn about the current US energy
                                                                            open now!
                                                                                                            “
                                                                                                         LUNCH SPONSOR:


                                                                                                                    what has been said
                                                                                                                   about nuclear energy
                                                                                                                     insider’s events?
                                                                                  • Agenda details
 policies and hear how future                                                     • Speaker line up                 “Great speakers – thought
                                                                                                                provoking topics and discussions.”
 changes could affect                                                       • Sponsor & exhibition info
                                                                                                                Tom Stanton, Manager – Supply Chain
 nuclear financing                                                   • Exclusive offers and booking form                Services, Dominion


Visit the website now for the latest updates on speakers, sponsors and the full agenda

                                      www.nuclearenergyinsider.com/fin
HEAR ExACtLY HOW tO SECURE INvEStMENt ANd MANAGE FINANCIAL RISkS
                  WItH NUCLEAR NEW BUILd PROjECtS
take part in this landmark event and equip yourself with the tools to structure your strategy
        to secure investment and manage financial risks with new nuclear projects

With the DOE loan guarantee for nuclear               an aGenDa coVerinG                         very best real world information, tips and
standing at $18.5B and with average new              all Your keY FinancinG                      strategies possible. Based on hundreds
plant costs being $6B-$8B, it is clear
                                                           challenGes
                                                                                                 of hours of dedicated research, this
that financing is going to be of huge                                                            conference is focused on keeping you in
importance to the industry if new projects       •	 DOE	LOAN	GUARANTEE – Hear from               the game and helping you to secure your
are to go ahead.                                    the US	Department	of	Energy about            future new build projects.
                                                    the attributes of a strong application and
                                                                                                 We’ve spoken to over 100 experts at the
“New nuclear power plants are large                 ensure you are on the right path to close
                                                                                                 heart of the nuclear industry including
facilities and are expected to cost $6 billion      a loan guarantee
                                                                                                 key representatives from the DOE,
to $8 billion each (2008 dollars). Although      •	 LICENSING	AND	PERMITTING – Hear              NRC, Utilities and Owners, Technology
projects of this size are not unique in the         about lessons learned from Entergy           Providers, Top Level Contractors, Financial
energy business, such projects typically            regarding the costs associated with          Institutions, Consultants, Lawyers &
are built by the major oil companies.               licensing and permitting                     Academics to bring you a bulletproof	
The relatively small U.S. electric power                                                         agenda focusing on the core financing
                                                 •	 EXPORT	FINANCE – Learn from
companies do not have the financing                                                              challenges	and	opportunities	that	are	
                                                    Coface, JBIC, Export-Import	Bank	of	
capability or financial strength to finance                                                      integral to your new build success.
                                                    the	United	States and Areva about the
nuclear power projects on their own.”               importance of securing export finance to     Our research is unparalleled and we
                                                    help fund your new build projects            have created the industry’s essential
Nuclear Energy Institute,
                                                                                                 nuclear investment and finance event.
Financing New Nuclear Power Plants,              •	 PRIVATE	INVESTMENT – Understand
                                                                                                 By attending this event you will learn
January 2009                                        what you can do to make your project
                                                                                                 vital information that will help you in your
                                                    more appealing for private investment
                                                                                                 everyday work and will enable you to build
There is a pressing need to ensure that             from BNP Paribas, Mizuho	Corporate	
                                                                                                 the strongest business you’ve ever had.
financing for new projects is achieved.             Bank, Milbank, UBS	Investment	Bank
Without external financing, the majority            and Societé	Générale                         In short, over two days in November
of projects simply will not go ahead. It is                                                      you’ll get:
                                                 •	 MITIGATE	FINANCIAL	RISKS – Review
more important than ever for utilities to           with Westinghouse, all of the risks          • Unrivalled nuclear financing information…
fully understand all financing options that         that are associated with financing new
are available – and how to secure project                                                        • Usually unreachable networking
                                                    nuclear projects and how you can avert
investment!                                                                                        opportunities…
                                                    potential problems
Given the huge need for information off                                                          • Unsurpassed content quality and
                                                 •	 EPC	CONTRACTS – Hear from experts
the back of this, Nuclear Energy Insider                                                           unbeatable value for money...
                                                    at Southern	Company and Mercer	
are hosting a new conference in their               Thompson	LLC on how to negotiate             The team behind the Nuclear Investment
nuclear series that will look at the major          EPC contracts and work towards an            and Project Finance Conference have been
issues associated with financing new build          agreement                                    producing industry leading conferences
projects in the US.                                                                              in the solar, wind, oil and gas, tidal and
                                                 •	 BUSINESS	CASE	FOR	NUCLEAR
The Nuclear Investment and Project                                                               nuclear industries for numerous years. Our
                                                    – Gain a full understanding of the
Finance Conference, November 16-17,                                                              events are attended year after year by the
                                                    economic benefits of new nuclear
2010 in Washington DC will tackle all of                                                         market leaders and executives seeking an
                                                    construction and an in-depth look at US
the issues on finance and investment that                                                        edge in their industry.
                                                    energy guidelines and potential carbon
are stalling the nuclear renaissance.               emission policy changes                      So,	make	sure	that	you	join	us	on	
 FinancinG Your proposeD                                                                         November 16-17 in Washington DC
                                                 real inDustrY ansWers that                      and	give	yourself	the	best	competitive	
 nuclear plants – You can’t
                                                   Will help You With Your                       advantage you can…
        Do it alone
                                                     neW BuilD strateGY                          We look forward to seeing you there!
Over the past six months we’ve spoken to
over 100 of your industry peers to address       To see continued success in this booming
the most challenging issues surrounding          industry, your company needs to be more
the financing of new nuclear plants in the       than just reliable and efficient; it needs to
USA. As a result, you can rest assured that      be flexible and innovative in order to
we’ll be providing not only the very best        achieve your new build aims.                    Dean Murphy,
speakers, but a wholly relevant agenda           This is no easy task. Which is why Nuclear      Senior Industry Analyst,
which offers cast-iron advice on financing       Energy Insider have developed the               Nuclear Energy Insider
alternatives as well as advice on DOE loan       Nuclear Investment and Project Finance          US	Toll	Free:	1800	814	3459	ext	7204
applications.                                    Conference – to provide you with the            dmurphy@eyeforenergy.com		


   Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
HEAR FROM tHE REAL WHO’S WHO OF NUCLEAR POWER FINANCING…

                               check out our expert speaker line-up
Jonathan Silver,                           Yoshiaki Ushijima,                           Edward Finley,
Executive Director of Loan                 Chief representative                         Chairman,
Guarantee Program,                         in Washington, DC,                           North Carolina Utilities
Department of Energy                       JBIC                                         Commission

J.Alan Beamon,                             Senior                                       Mike Samis,
Director, Coal and                         Representative,                              Vice President,
Electric Power Division,                   Mizuho Corporate                             Valuation and
US EIA                                     Bank                                         Business Modelling,
                                                                                        Ernst & Young Canada LLP
Janet Gorn,                                Renato Plastina,
Senior Foreign                             Director, Power                              Tom Retson,
Affairs Officer,                           & Energy Project                             President,
US Department of State                     Finance – North                              EnergyPath Corporation
                                           America,
Earl Long,                                 BNP Paribas                                  Robert Graber,
Assistant Treasurer,                                                                    Chief Economic
Southern Company                           Jonathan Rose,                               Officer,
                                           Executive Director,                          EnergyPath Corporation
                                           UBS Investment
Dale Lloyd,                                Bank                                         Bruce Lacy,
Project Support                                                                         Principal,
Director, Vogtle 3                         Daniel Mallo,                                Lacy Consulting
and 4,                                     Managing                                     Group
Southern Company                           Director, Project and
                                           Structured Finance – Energy,                 Paul Murphy,
Jack Bailey,                               Societe Generale                             Global Project
Vice President, Nuclear                                                                 Finance Group,
Generation Development,                    Michael Higgins,                             Milbank
Tennessee Valley                           Director of Project
Authority                                  Finance,                                     John T. W. Mercer,
                                           AREVA                                        Chairman and
W. Kenneth Hughey,                                                                      Founding Principal,
VP, Nuclear Business                       Ingmar Sterzing,                             Mercer Thompson LLC
Development,                               Director, Risk
Entergy Nuclear                            Management,                                  John Lamberski,
                                           Westinghouse                                 Principal,
Ashok Pasricha,                                                                         Mercer Thompson LLC
Senior Technical Advisor,                  Nathan Skop,
Export-Import Bank                         Commissioner,
of the United States                       Florida Public Service                          This conference exceeded my expectations in
                                           Commission                                      many ways. The program content and quality
Marc Murcia,                                                                                         of speakers was excellent.
Director States                            Chris Gadomski,
Guarantees                                 Lead Analyst, Nuclear,                              Thomas Williamson, Vice President – New
Department, COFACE                         Bloomberg                                              Plant Market Strategy, AREVA NP


                     WHO WILL BE tHERE?                                             WHO WILL YOU MEEt?
   Senior level decision makers from utilities/owners and             ✓ Chief Executive Officer         ✓ Commissioner
   contractors who want to discover the latest information
                                                                      ✓ Chief Nuclear Officer           ✓ Operations Manager
   about nuclear investment and project finance.
                                              30% Utility/Owner       ✓ Chief Financial Officer         ✓ Technical Director
                                          30% Utility/Owner
                                            30% Lead Contractor
                                          30% Lead Contractor
                                                                      ✓ Director for Nuclear            ✓ Project Manager
                                            10% Sub Contractor
                                          10% Sub Contractor          ✓ Vice President for Nuclear ✓ Technical Services
                                            10% Specialist Services                                   Manager
                                          10% Specialist Services
                                                                      ✓ Chief Operating Officer
                                          7%7% Public Sector
                                             Public Sector                                          ✓ Attorney
                                          7%7% Consultant
                                             Consultant               ✓ Managing Director
                                                                                                    ✓ Business Development
                                          6%6% Other
                                             Other                    ✓ Director of Project Finance


   Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
“the Nuclear Investment and Project Finance Conference will be very useful for utilities as it will address
issues looking at financial implications of construction challenges which are hugely important to anyone
    contemplating a new build campaign” Kenneth Hughey, Vice President, Nuclear Business Development, Entergy Nuclear


                              Past attendees                                                     VERY LIMITED
 Find	out	how	you	can	get	exposure	for	your	products	and	services	to	these	                      SPACE AVAILABLE…
 companies:	the	top	60	to	attend	our	conferences	in	the	last	12	months
 • Alstom Power            • DOE Office of Nuclear    • Hitachi Power Systems                    Contact us now to secure your spot!
                             Energy                     America
 • AMECO                                                                                         Opportunities available include:
                           • Dominion Resources       • Honeywell
 • American Electric
   Power                   • DOOSAN Heavy             • Iberdrola Ingenieria y                   • 1 to 1 meetings with key decision
                             Industries                 Construccion
 • Arab Atomic Energy                                                                              makers
   Agency                  • DTE Energy               • International Atomic
                                                        Energy Agency                            • Take a speaking slot and address
 • AREVA Enrichment        • Duke Energy
   Services                                           • Iraq Energy Institute
                                                                                                   over 250 industry leaders
                           • EDF North America
 • AREVA NP                                           • Jacobs                                   • Show off your latest products and
                           • Electric Power                                                        services in the exhibition hall
 • Arizona Public Service    Research Institute       • KEPCO
   Commission
                           • Emirates Nuclear         • Louisiana Energy
                                                                                                 • Build your brand with exclusive
 • B&W Nuclear               Energy Corporation         Services                                   promotional opportunities
   Operations Group
                           • Energy Future Holdings   • Luminant Construction                    • Host interactive workshops,
 • B&W Y-12                                                                                        networking sessions and secure
                           • Entergy                  • Luminant Generation
 • Babcock & Wilcox
                           • EXCEL Services           • Mitsubishi Nuclear
                                                                                                   high level branding of conference
 • Bechtel                   Corporation                Energy Systems                             materials
 • Bentley Systems               • Exelon Nuclear             • Nuclear Regulatory
                                                                Commission                       Limited opportunities available!
 • Black & Veatch                • Exponent                                                      Call Everad MacIndoe today to
                                                              • Societe Generale
 • Booz & Company                • Export-Import Bank of                                         discuss the options and secure your
                                   USA                        • Southern California
 • Carolina Nuclear                                             Edison                           space to ensure you fill your sales
   Cluster                       • Florida Power & Light                                         book for the next 18 months!
                                   Company                    • Southern Nuclear
 • CH2M Hill                                                    Operating Company
 • China National Nuclear
                                 • Florida Public Service                                        Everad MacIndoe
                                   Commission                 • U.S. Department of
   Corporation                                                  Energy                           Business Development Director,
                                 • Fluor Nuclear Power                                           Nuclear Energy Insider
 • Coreworx, Inc                                              • URS Corporation
                                 • GDF SUEZ Energy
 • Curtiss-Wright Flow
   Control
                                   North America              • Westinghouse Electric            US TOLL FREE On
                                                                Company
 • Darchem Engineering
                                 • GE Hitachi                                                    T: 1 800 814 3459 ext. 7560
                                                              • WorleyParsons                    E: emacindoe@eyeforenergy.com
                                 • General Dynamics
 • Dextra                          Electric Boat              • XCEL


                             BUILd YOUR OWn PaCKaGe In 3 sIMPLe stePs!
 Unlike many other industry trade
 shows, exhibitions and conferences      1. MAKE A LIST OF YOUR     2. WORK OUT YOUR BUDGET           3. CALL EVERAD AT NUCLEAR
 our packages are not standard           MOST IMPORTANT AIMS                                          ENERGY INSIDER TO DISCUSS YOUR
 “one-size-fits-all”. You tell us what   • Exhibition booth         Speak with your marketing         PACKAGE NOW!
 you want and we build it for you…                                  team and decide on your
                                         • Brand visibility                                           Our exhibition space regularly sells out
 simple! Take 3 simple steps to create                              annual conference investment      weeks in advance of the conference.
 your very own package today and we      • Private meetings
                                                                    – make sure you assign the        So call today to make sure you secure
 will build it whatever your budget!     • Breakfast briefings                                        your spot before you miss the chance.
                                                                    right budget to the right show!
                                         • Seatdrops                No matter what your budget        CALL NOW
                                         • Speaking slots           total, we will work with you to   Everad MacIndoe
                                         • Conference Materials     build a package that achieves     Business Development Director,
                                           Branding                 your aims and exceeds             Nuclear Energy Insider
                                         • Segment Sponsor          expectation                       US TOLL FREE: 1 800 814 3459 ext. 7560
                                                                                                      E: emacindoe@eyeforenergy.com



    Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
Plan your strategy to secure investment...
             day One - November 16                        Conference Chair: Chris Gadomski, Lead Analyst, Nuclear, Bloomberg


          Section 1: Market Analysis                             Section 2: Securing the                Section 3: Decision Analysis:
                 and Policies                                       Loan Guarantee                            Initial Spending
Market Overview: the business case for                     kEY NOtE PRESENtAtION                      the use of dynamic dCF and Real
nuclear                                                    dOE loan guarantee update                  Option Methods to Analyze the
• Gain a brief overview of current emission                • Learn about the application process
                                                                                                      Economics of a Nuclear Power
  regulations and how possible changes in this could         and attributes of a strong application   Plant
  benefit nuclear                                                                                     • Demonstrate how price reversion in
                                                           • Challenges the nuclear industry faces
• Review the current regulations associated with                                                        electricity prices affects the uncertainty
                                                             as they apply to the program
  getting your nuclear project started                                                                  characteristics and value of long-term
                                                           • How to work best with the DOE and          equity, creditor, and government
• Understand the economic benefits behind new
                                                             ensure you are on the right path to        cash flows
  nuclear construction
                                                             close a loan guarantee
• Take a look at the market impact of new build in                                                    • Assess the risk profile of equity,
                                                           Jonathan Silver, Executive Director of
  the USA                                                                                               creditor, and government cash flow
                                                           Loan Guarantee Program,
• Understanding the demand for electricity – future                                                     streams, the sensitivity of debt ratios
                                                           Department Of Energy
  needs for natural gas over nuclear?                                                                   to changes in electricity price, and the
Bruce Lacy, Principal, Lacy Consulting Group               CASE StUdY:                                  possibility of default
                                                                                                      • Discuss the risk mitigation effects and
                                                           Securing a dOE Loan at vogtle
Energy Policy Analysis                                     Units 3&4
                                                                                                        value of a loan guarantee
• Look at the current carbon emission system and                                                      Mike Samis, Vice President, Valuation
                                                           • Understand the process of applying       and Business Modelling,
  how your new build projects could benefit from a
                                                             for the DOE loan guarantee               Ernst & Young Canada LLP
  change in policy
                                                           • Hear how to work with the DOE to
• Hear about regulations regarding US energy and
                                                             secure investment                        Understanding permit and
  environmental policies and potential changes in the
  future                                                   • Hear lessons learned first hand          licensing costs
                                                             from the first site to receive the       • Analyze the costs associated with
• Understand the impacts of what governmental
                                                             loan guarantee                             permits and licenses
  policy changes could have on financing for your
  new builds                                               • Understand potential pitfalls when       • Understand the financial implications
J. Alan Beamon, Director, Coal and Electric Power            filing for the DOE loan program            of the Limited Work Authorization
Division, US Energy Information Administration             Earl Long, Assistant Treasurer,              (LWA), Early Site Permit (ESP) as well
                                                           Southern Company                             as achieving a Construction Operating
Lessons learned from the first wave of                     John T. W. Mercer, Chairman and              License (COL)
licensing and permitting                                   Founding Principal,                        • Learn how best to manage your
• Going forward, what improvements can be made to          Mercer Thompson LLC                          finances whilst securing your permits
  expedite the new build process                                                                        and licenses
• Project schedule for finalising the build process:       1st Wave Analysis: Understanding           W. Kenneth Hughey, VP, Nuclear
  looking at the first part with the NRC                   the loan guarantee process                 Business Development, Entergy
• Financing for contracts, equipment, starting             • Identify the development and
                                                             financing challenges associated with
                                                                                                      Initial spending and the supply
  construction
                                                             nuclear projects                         chain
• Learn how to achieve a COL and advance with your
                                                           • Gain a full understanding of the         • Gain an understanding of how initial
  nuclear projects
                                                             financing process that was                 investments will filter through the
• Perspective of where we are with licensing                                                            supply chain
  schedules and deliverables – how can we improve/           used in order to reach the loan
  streamline this process                                    guarantee shortlist                      • Hear about future spending activities
                                                           • Hear about key strategies that can         and how this will help to expand the
Senior Representative, NRC
                                                             be used for improving prospects            supply chain and make it
                                                                                                        more competitive
Uncovering the Hidden value of Nuclear                       of financing nuclear projects to
Power Investments                                            help ensure the future of your
                                                                                                      Scaled down reactors and their
                                                             nuclear projects
• What is real options analysis and why is it different                                               impact on helping to achieve
                                                           • Learn about the critical drivers
  than traditional DCF investment analysis?                                                           finances
                                                             of value and risk to the cost,
• Why ROA is more appropriate for nuclear power                                                       • Take a look at the interest in new
                                                             schedule and economic value
  investments than traditional methodology                                                              reactor designs and how they could
                                                             of new nuclear plants
• Where has ROA been applied in the nuclear                                                             possibly aid your future projects
  industry?                                                                                           • Discussion on potential draw backs
                                                                     LUNCH WILL BE
• What are the issues surrounding the use of                                                            include prototype design difficulties
                                                                     SPONSORED BY:
  ROA for the nuclear industry?                                                                         and licensing problems
PANEL INCLUDES: Tom Retson, President,                                                                Jack Bailey, Vice President, Nuclear
EnergyPath Corporation                                                                                Generation Development,
Robert Graber, Chief Economic Officer,                                                                Tennessee Valley Authority
EnergyPath Corporation

     Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
...and mitigate financial risks for nuclear construction
            day two - November 17                    Conference Chair: Paul Murphy, Global Project Finance Group, Milbank


    Section 4: Achieving Export                  Securing Long-term Investment Panel                         Section 6: Creating a
    Finance, Foreign Investment                  • What can you do to make your project                       Financial Strategy
        and Private Funding                        more appealing for private investment
                                                 • Hear examples of what you can do in             Managing Finances
Official Finance Panel                             order to make your project a more viable
                                                                                                   • Learn how to effectively manage your
                                                   investment
• How to work best with foreign investors to                                                         finances to ensure your new build project
  help secure funding for your projects          Moderator: Paul Murphy, Global Project              runs on time and on budget
                                                 Finance Group, Milbank
Moderator: Janet Gorn, Senior Foreign                                                              • Hear about strategies currently in place
Affairs Officer, US Department of State          Panelists: Jonathan Rose, Executive
                                                                                                     that are helping utilities to manage their
                                                 Director, UBS Investment Bank
Panelists: Ashok Pasricha, Senior Technical                                                          finances more effectively
Advisor, Export-Import Bank of the               Daniel Mallo, Managing Director, Project and
United States                                    Structured Finance – Energy,
                                                 Societe Generale                                  Public Service Commission Panel
Marc Murcia, Director States Guarantees
Department, COFACE                               Renato Plastina, Director, Power & Energy         • How to manage your resources through
                                                 Project Finance – North America,                    resource plans and create a solid forward
Yoshiaki Ushijima, Chief representative in
                                                 BNP Paribas                                         strategy
Washington, DC, JBIC
                                                                                                   • Gain a good understanding of project
                                                                                                     monitoring to avoid costly overruns
Export Finance: Working with                               Section 5: Risks and
contractors to secure investment                             Nuclear Finance                       PANEL INCLUDES:
• Understand the importance of working                                                             Nathan Skop, Commissioner,
                                                                                                   Florida Public Service Commission
  with your contractors to help secure           Risks: Assessment and mitigation to               Edward Finley, Chairman, North Carolina
  export finance
                                                 secure private investment                         Utilities Commission
• Hear from a leading technology provider
                                                 • Understand the importance of guarantees
  on strategies to secure further investment
                                                   and how this will influence potential
  and ensure your nuclear project goes
  ahead
                                                   investors                                            Section 7: Overcoming the
Michael Higgins, Director of Project Finance,
                                                 • Hear about corporate credits and how                 Challenge of EPC Contracts
                                                   they can aid your future nuclear projects
AREVA
                                                 • How to secure private investment – what
                                                                                                   Engineering, Procurement and
Working with foreign companies to                  do you need to do?
                                                                                                   Construction Contracts: Working
achieve financial aid                                                                              towards an agreement
                                                 Risks: Assessing and mitigating risks
• Hear how foreign investment can be                                                               Understand the importance of the following key
  secured to ensure your planned project
                                                 for new projects
                                                                                                   aspects when negotiating an EPC contract:
  goes ahead                                     • Understand the risks associated with new
                                                                                                   • Cost
                                                   nuclear projects and learn how to manage
• Gain an understanding as to why foreign                                                          • Management
                                                   them early in the process
  companies are looking to invest in the
                                                 • Hear examples of how to avert potential         • Payment allocation
  US market
                                                   risks and look at examples of actual            • Risk allocation
Senior Representative,
Mizuho Corporate Bank                              project lessons learned                         Dale Lloyd, Project Support Director, Vogtle
                                                 • Understand the importance of mitigating         3 and 4, Southern Company
Export Controls on Nuclear                         potential risks in order to assure
Intelligence: how this can affect                  successful project delivery                     EPC Contracts: Negotiating turnkey
project financing                                Ingmar Sterzing, Director,                        Contracts Panel Session
                                                 Risk Management, Westinghouse
• Learn about the DOE’s restrictions on                                                            • An in-depth discussion to understand
  sharing design information with foreign                                                            possible difficulties with EPC contracts
  nationals who work within or outside                                                               including:
  the country
                                                  NuCLEAR ENERGy INSIDER FREE
                                                                                                     - Pricing structure
• Learn about the potential criminal and civil    WEEkLy E-NEWS LETTER
                                                                                                     - Schedule guarantees
  penalties for non-compliance and how
                                                  We provide a free weekly industry e-news           - Performance guarantees
  they could effect your finances                 letter that over 3,500 nuclear professionals
                                                                                                     - Credit Support
• Understand the legalities surrounding           subscribe to.
  export controls and the effects this may        Sign up for free and you’ll receive:               - Joint/ Separate liabilities – where do
  have on your new project finances               • Latest industry developments                       liabilities lie
                                                                                         Sign Up
                                                  • Executive briefings & interviews                 - Change in price/schedule after the
                                                                                         TODAY!
                                                  • In-depth reports on key trends                     agreement
 book your plaCe now
                                                  • All the latest updates and discounts             - Breaches of contract
         CALL TODAY:                              Sign	up	today	at	                                PANEL LED BY:
        1800 814 3459                             www.nuclearenergyinsider.com                     John Lamberski, Principal,
                                                                                                   Mercer Thompson LLC


     Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
"The major challenge facing new nuclear power plants [is]
                                                                                                                                                                     aCt now!
                                                     construction financing." - Nuclear Energy Institute, March 2010                                                   SAVE UP TO
                                                                                                                                                                      $200!
 Nuclear INvestmeNt & Project FINaNce                                                                                                                                 DETAILS BELOw


 coNFereNce, usa 2010 November, 16-17, 2010, Washington DC, USA
  4 reasons why your Company needs you here:                                                                           Date & Venue
                                                                                                                       November 16-17, 2010,
                                                                                                                       Washington DC, L'enfant Plaza Hotel, USA
1 you will be able outmeet lessons learnt, the 3 Returnknowledge. It will be your ideas, strategies
  and clients, find
                    to
                       their
                             with your competitors
                                                   build
                                                         to your office armed with critical new
                                                                                                                       Hotel Discounts
    initiatives they are putting in place and exchange          and contacts that ensure your business leads the       We have negotiated special room rates at the hotel. Reservation
                                                                                                                       and price details will be sent to you when you register
    best practice solutions.                                    way when it comes to maximizing your nuclear
                                                                development plans.

2 into thegain invaluablesecure investment and 4 Save your department time and money by
  you’ll
           best ways to
                           knowledge and insight                                                                        group disCounts aVailable
                                                                                                                        Come along with members of your team and take
                                                 attending this one stop shop assessing all things
    manage finances which will be essential when                associated with finance for new build projects and      advantage of Nuclear Energy Insider’s special group
    developing your new build strategy for project              give your company the best possible chance to           discounts. The more attendees you sign up, the more
    success.                                                    make 2011 the most successful year ever!
                                                                                                                        money your company saves!
                                                                                                                        Visit www.nuclearenergyinsider.com/fin
                                                                                                                        or call today on 1800 814 3459
     3 easy steps to register now!
   1. Choose your registration package                                                                                  3. Payment
PASS tYPE:                                                          Early Bird                     Full                 Choose one of the following payment options:
Please tick the package you require below:                            Expires                     Price                      I enclose a check/draft for: $ ______________
                                                                    Oct 15, 2010
                                                                                                                            (payable to FC Business Intelligence Ltd)

diamond Pass:
                                                                                                                             Please invoice my company: $ ______________
Full 2 day pass, Audio & Visual Access, Full conference
documentation + access to all lunches, breaks +                                                                             Purchase Order no.:_______________________
networking party
PLUS The Nuclear New Build Market for Component
                                                                     $3,190                     $3,390
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                                                                                                                          Cancellation Policy
  2. delegate details                                                 ONLINE BROCHURE dISCOUNt:                           Places are transferable without any charge. Cancellations before
                                                                                                                          October 16, 2010 incur an administrative charge of 25%. If you
  Please photocopy this form for multiple registrations                            IANDF50                                cancel your registration on or after October 16, 2010 we will be
                                                                      This is a $50 discount code. Use it online          obliged to charge you the full fee. Please note – you must notify
  Mr / Mrs / Ms / Dr:                                                 and you will get $50 off your delegate ticket.      Nuclear Energy Insider (division of FC Business Intelligence) in
                                                                                                                          writing, of a cancellation, or we will be obliged to charge you the
  First name:
                                                                                                                          full fee. The organisers reserve the right to make changes to the
  Last name:                                                                                                              program without notice. All prices displayed are exclusive of VAT
                                                                                                                          unless otherwise stated but, VAT will be charged, where applicable,
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       Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
"The major challenge facing new nuclear power plants [is]
                                                                  construction financing." - Nuclear Energy Institute, March 2010




 Nuclear INvestmeNt & Project
 FINaNce coNFereNce, usa 2010                                                                                                     aCt now!
                                                                                                                                    SAVE UP TO
                                                                                                                                   $200!
                                                                                                                                   DETAILS INSIDE
 November 16-17, 2010, Washington DC, L'enfant Plaza Hotel, USA


 plan your proJeCt finanCe strategy,
 Mitigate risk and seCure inVestMent
 for new nuClear ConstruCtion
 EXPERT SPEAKERS INCLUDE:                                                                               SPEAKING ORGANISATIONS INCLUDE:




 Jonathan Silver,          W. Kenneth Hughey,     Jack Bailey,              Dale Lloyd,
 Executive Director of     VP, Nuclear Business   Vice President, Nuclear   Project Support Director,
 Loan Guarantee Program,   Development,           Generation Development,   Vogtle 3 and 4,
 Department Of Energy      Entergy Nuclear        Tennessee Valley          Southern Nuclear
                                                  Authority


• loan guarantee update: Hear from the DOE
  Loan Programs Office and learn how to secure
  government backing for your project
• alternatiVe funding Methods: Hear how to
  secure alternative funding to aid the construction of
  your new nuclear facility
• epC ContraCt negotiation: Understand how to
  structure EPC contracts to avoid disputes and reach a
  mutually beneficial agreement
• Mitigate finanCe risks: Learn how to identify and
  mitigate financial risks to ensure you create a bullet-
                                                                                                        4 EASY WAYS TO REGISTER
  proof project finance strategy                                                                        EMAIL info@nuclearenergyinsider.com with
                                                                                                        BOOK ME I&F in the subject line
• poliCy and Market update: Learn about the
                                                                                                        CALL 1800 814 3459 and register
  current US energy policies and hear how future
                                                                                                        FAX the form inside to 1800 814 3460
  changes could affect nuclear financing
                                                                                                        GO ONLINE to
                                                                                                        www.nuclearenergyinsider.com/finance and
                    LUNCH SPONSOR:
                                                                                                        click on the book my place tab


Visit the website now for the latest updates on speakers, sponsors and the full agenda

                                      www.nuclearenergyinsider.com/fin

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Nuclear I&F

  • 1. "The major challenge facing new nuclear power plants [is] construction financing." - Nuclear Energy Institute, March 2010 Nuclear INvestmeNt & Project FINaNce coNFereNce, usa 2010 aCt now! SAVE UP TO $200! DETAILS INSIDE November 16-17, 2010, Washington DC, L'enfant Plaza Hotel, USA plan your proJeCt finanCe strategy, Mitigate risk and seCure inVestMent for new nuClear ConstruCtion EXPERT SPEAKERS INCLUDE: SPEAKING ORGANISATIONS INCLUDE: Jonathan Silver, W. Kenneth Hughey, Jack Bailey, Dale Lloyd, Executive Director of VP, Nuclear Business Vice President, Nuclear Project Support Director, Loan Guarantee Program, Development, Generation Development, Vogtle 3 and 4, Department Of Energy Entergy Nuclear Tennessee Valley Southern Nuclear Authority • loan guarantee update: Hear from the DOE Loan Programs Office and learn how to secure government backing for your project • alternatiVe funding Methods: Hear how to secure alternative funding to aid the construction of your new nuclear facility • epC ContraCt negotiation: Understand how to structure EPC contracts to avoid disputes and reach a mutually beneficial agreement • Mitigate finanCe risks: Learn how to identify and mitigate financial risks to ensure you create a bullet- proof project finance strategy • poliCy and Market update: Learn about the current US energy open now! “ LUNCH SPONSOR: what has been said about nuclear energy insider’s events? • Agenda details policies and hear how future • Speaker line up “Great speakers – thought provoking topics and discussions.” changes could affect • Sponsor & exhibition info Tom Stanton, Manager – Supply Chain nuclear financing • Exclusive offers and booking form Services, Dominion Visit the website now for the latest updates on speakers, sponsors and the full agenda www.nuclearenergyinsider.com/fin
  • 2. HEAR ExACtLY HOW tO SECURE INvEStMENt ANd MANAGE FINANCIAL RISkS WItH NUCLEAR NEW BUILd PROjECtS take part in this landmark event and equip yourself with the tools to structure your strategy to secure investment and manage financial risks with new nuclear projects With the DOE loan guarantee for nuclear an aGenDa coVerinG very best real world information, tips and standing at $18.5B and with average new all Your keY FinancinG strategies possible. Based on hundreds plant costs being $6B-$8B, it is clear challenGes of hours of dedicated research, this that financing is going to be of huge conference is focused on keeping you in importance to the industry if new projects • DOE LOAN GUARANTEE – Hear from the game and helping you to secure your are to go ahead. the US Department of Energy about future new build projects. the attributes of a strong application and We’ve spoken to over 100 experts at the “New nuclear power plants are large ensure you are on the right path to close heart of the nuclear industry including facilities and are expected to cost $6 billion a loan guarantee key representatives from the DOE, to $8 billion each (2008 dollars). Although • LICENSING AND PERMITTING – Hear NRC, Utilities and Owners, Technology projects of this size are not unique in the about lessons learned from Entergy Providers, Top Level Contractors, Financial energy business, such projects typically regarding the costs associated with Institutions, Consultants, Lawyers & are built by the major oil companies. licensing and permitting Academics to bring you a bulletproof The relatively small U.S. electric power agenda focusing on the core financing • EXPORT FINANCE – Learn from companies do not have the financing challenges and opportunities that are Coface, JBIC, Export-Import Bank of capability or financial strength to finance integral to your new build success. the United States and Areva about the nuclear power projects on their own.” importance of securing export finance to Our research is unparalleled and we help fund your new build projects have created the industry’s essential Nuclear Energy Institute, nuclear investment and finance event. Financing New Nuclear Power Plants, • PRIVATE INVESTMENT – Understand By attending this event you will learn January 2009 what you can do to make your project vital information that will help you in your more appealing for private investment everyday work and will enable you to build There is a pressing need to ensure that from BNP Paribas, Mizuho Corporate the strongest business you’ve ever had. financing for new projects is achieved. Bank, Milbank, UBS Investment Bank Without external financing, the majority and Societé Générale In short, over two days in November of projects simply will not go ahead. It is you’ll get: • MITIGATE FINANCIAL RISKS – Review more important than ever for utilities to with Westinghouse, all of the risks • Unrivalled nuclear financing information… fully understand all financing options that that are associated with financing new are available – and how to secure project • Usually unreachable networking nuclear projects and how you can avert investment! opportunities… potential problems Given the huge need for information off • Unsurpassed content quality and • EPC CONTRACTS – Hear from experts the back of this, Nuclear Energy Insider unbeatable value for money... at Southern Company and Mercer are hosting a new conference in their Thompson LLC on how to negotiate The team behind the Nuclear Investment nuclear series that will look at the major EPC contracts and work towards an and Project Finance Conference have been issues associated with financing new build agreement producing industry leading conferences projects in the US. in the solar, wind, oil and gas, tidal and • BUSINESS CASE FOR NUCLEAR The Nuclear Investment and Project nuclear industries for numerous years. Our – Gain a full understanding of the Finance Conference, November 16-17, events are attended year after year by the economic benefits of new nuclear 2010 in Washington DC will tackle all of market leaders and executives seeking an construction and an in-depth look at US the issues on finance and investment that edge in their industry. energy guidelines and potential carbon are stalling the nuclear renaissance. emission policy changes So, make sure that you join us on FinancinG Your proposeD November 16-17 in Washington DC real inDustrY ansWers that and give yourself the best competitive nuclear plants – You can’t Will help You With Your advantage you can… Do it alone neW BuilD strateGY We look forward to seeing you there! Over the past six months we’ve spoken to over 100 of your industry peers to address To see continued success in this booming the most challenging issues surrounding industry, your company needs to be more the financing of new nuclear plants in the than just reliable and efficient; it needs to USA. As a result, you can rest assured that be flexible and innovative in order to we’ll be providing not only the very best achieve your new build aims. Dean Murphy, speakers, but a wholly relevant agenda This is no easy task. Which is why Nuclear Senior Industry Analyst, which offers cast-iron advice on financing Energy Insider have developed the Nuclear Energy Insider alternatives as well as advice on DOE loan Nuclear Investment and Project Finance US Toll Free: 1800 814 3459 ext 7204 applications. Conference – to provide you with the dmurphy@eyeforenergy.com Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 3. HEAR FROM tHE REAL WHO’S WHO OF NUCLEAR POWER FINANCING… check out our expert speaker line-up Jonathan Silver, Yoshiaki Ushijima, Edward Finley, Executive Director of Loan Chief representative Chairman, Guarantee Program, in Washington, DC, North Carolina Utilities Department of Energy JBIC Commission J.Alan Beamon, Senior Mike Samis, Director, Coal and Representative, Vice President, Electric Power Division, Mizuho Corporate Valuation and US EIA Bank Business Modelling, Ernst & Young Canada LLP Janet Gorn, Renato Plastina, Senior Foreign Director, Power Tom Retson, Affairs Officer, & Energy Project President, US Department of State Finance – North EnergyPath Corporation America, Earl Long, BNP Paribas Robert Graber, Assistant Treasurer, Chief Economic Southern Company Jonathan Rose, Officer, Executive Director, EnergyPath Corporation UBS Investment Dale Lloyd, Bank Bruce Lacy, Project Support Principal, Director, Vogtle 3 Daniel Mallo, Lacy Consulting and 4, Managing Group Southern Company Director, Project and Structured Finance – Energy, Paul Murphy, Jack Bailey, Societe Generale Global Project Vice President, Nuclear Finance Group, Generation Development, Michael Higgins, Milbank Tennessee Valley Director of Project Authority Finance, John T. W. Mercer, AREVA Chairman and W. Kenneth Hughey, Founding Principal, VP, Nuclear Business Ingmar Sterzing, Mercer Thompson LLC Development, Director, Risk Entergy Nuclear Management, John Lamberski, Westinghouse Principal, Ashok Pasricha, Mercer Thompson LLC Senior Technical Advisor, Nathan Skop, Export-Import Bank Commissioner, of the United States Florida Public Service This conference exceeded my expectations in Commission many ways. The program content and quality Marc Murcia, of speakers was excellent. Director States Chris Gadomski, Guarantees Lead Analyst, Nuclear, Thomas Williamson, Vice President – New Department, COFACE Bloomberg Plant Market Strategy, AREVA NP WHO WILL BE tHERE? WHO WILL YOU MEEt? Senior level decision makers from utilities/owners and ✓ Chief Executive Officer ✓ Commissioner contractors who want to discover the latest information ✓ Chief Nuclear Officer ✓ Operations Manager about nuclear investment and project finance. 30% Utility/Owner ✓ Chief Financial Officer ✓ Technical Director 30% Utility/Owner 30% Lead Contractor 30% Lead Contractor ✓ Director for Nuclear ✓ Project Manager 10% Sub Contractor 10% Sub Contractor ✓ Vice President for Nuclear ✓ Technical Services 10% Specialist Services Manager 10% Specialist Services ✓ Chief Operating Officer 7%7% Public Sector Public Sector ✓ Attorney 7%7% Consultant Consultant ✓ Managing Director ✓ Business Development 6%6% Other Other ✓ Director of Project Finance Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 4. “the Nuclear Investment and Project Finance Conference will be very useful for utilities as it will address issues looking at financial implications of construction challenges which are hugely important to anyone contemplating a new build campaign” Kenneth Hughey, Vice President, Nuclear Business Development, Entergy Nuclear Past attendees VERY LIMITED Find out how you can get exposure for your products and services to these SPACE AVAILABLE… companies: the top 60 to attend our conferences in the last 12 months • Alstom Power • DOE Office of Nuclear • Hitachi Power Systems Contact us now to secure your spot! Energy America • AMECO Opportunities available include: • Dominion Resources • Honeywell • American Electric Power • DOOSAN Heavy • Iberdrola Ingenieria y • 1 to 1 meetings with key decision Industries Construccion • Arab Atomic Energy makers Agency • DTE Energy • International Atomic Energy Agency • Take a speaking slot and address • AREVA Enrichment • Duke Energy Services • Iraq Energy Institute over 250 industry leaders • EDF North America • AREVA NP • Jacobs • Show off your latest products and • Electric Power services in the exhibition hall • Arizona Public Service Research Institute • KEPCO Commission • Emirates Nuclear • Louisiana Energy • Build your brand with exclusive • B&W Nuclear Energy Corporation Services promotional opportunities Operations Group • Energy Future Holdings • Luminant Construction • Host interactive workshops, • B&W Y-12 networking sessions and secure • Entergy • Luminant Generation • Babcock & Wilcox • EXCEL Services • Mitsubishi Nuclear high level branding of conference • Bechtel Corporation Energy Systems materials • Bentley Systems • Exelon Nuclear • Nuclear Regulatory Commission Limited opportunities available! • Black & Veatch • Exponent Call Everad MacIndoe today to • Societe Generale • Booz & Company • Export-Import Bank of discuss the options and secure your USA • Southern California • Carolina Nuclear Edison space to ensure you fill your sales Cluster • Florida Power & Light book for the next 18 months! Company • Southern Nuclear • CH2M Hill Operating Company • China National Nuclear • Florida Public Service Everad MacIndoe Commission • U.S. Department of Corporation Energy Business Development Director, • Fluor Nuclear Power Nuclear Energy Insider • Coreworx, Inc • URS Corporation • GDF SUEZ Energy • Curtiss-Wright Flow Control North America • Westinghouse Electric US TOLL FREE On Company • Darchem Engineering • GE Hitachi T: 1 800 814 3459 ext. 7560 • WorleyParsons E: emacindoe@eyeforenergy.com • General Dynamics • Dextra Electric Boat • XCEL BUILd YOUR OWn PaCKaGe In 3 sIMPLe stePs! Unlike many other industry trade shows, exhibitions and conferences 1. MAKE A LIST OF YOUR 2. WORK OUT YOUR BUDGET 3. CALL EVERAD AT NUCLEAR our packages are not standard MOST IMPORTANT AIMS ENERGY INSIDER TO DISCUSS YOUR “one-size-fits-all”. You tell us what • Exhibition booth Speak with your marketing PACKAGE NOW! you want and we build it for you… team and decide on your • Brand visibility Our exhibition space regularly sells out simple! Take 3 simple steps to create annual conference investment weeks in advance of the conference. your very own package today and we • Private meetings – make sure you assign the So call today to make sure you secure will build it whatever your budget! • Breakfast briefings your spot before you miss the chance. right budget to the right show! • Seatdrops No matter what your budget CALL NOW • Speaking slots total, we will work with you to Everad MacIndoe • Conference Materials build a package that achieves Business Development Director, Branding your aims and exceeds Nuclear Energy Insider • Segment Sponsor expectation US TOLL FREE: 1 800 814 3459 ext. 7560 E: emacindoe@eyeforenergy.com Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 5. Plan your strategy to secure investment... day One - November 16 Conference Chair: Chris Gadomski, Lead Analyst, Nuclear, Bloomberg Section 1: Market Analysis Section 2: Securing the Section 3: Decision Analysis: and Policies Loan Guarantee Initial Spending Market Overview: the business case for kEY NOtE PRESENtAtION the use of dynamic dCF and Real nuclear dOE loan guarantee update Option Methods to Analyze the • Gain a brief overview of current emission • Learn about the application process Economics of a Nuclear Power regulations and how possible changes in this could and attributes of a strong application Plant benefit nuclear • Demonstrate how price reversion in • Challenges the nuclear industry faces • Review the current regulations associated with electricity prices affects the uncertainty as they apply to the program getting your nuclear project started characteristics and value of long-term • How to work best with the DOE and equity, creditor, and government • Understand the economic benefits behind new ensure you are on the right path to cash flows nuclear construction close a loan guarantee • Take a look at the market impact of new build in • Assess the risk profile of equity, Jonathan Silver, Executive Director of the USA creditor, and government cash flow Loan Guarantee Program, • Understanding the demand for electricity – future streams, the sensitivity of debt ratios Department Of Energy needs for natural gas over nuclear? to changes in electricity price, and the Bruce Lacy, Principal, Lacy Consulting Group CASE StUdY: possibility of default • Discuss the risk mitigation effects and Securing a dOE Loan at vogtle Energy Policy Analysis Units 3&4 value of a loan guarantee • Look at the current carbon emission system and Mike Samis, Vice President, Valuation • Understand the process of applying and Business Modelling, how your new build projects could benefit from a for the DOE loan guarantee Ernst & Young Canada LLP change in policy • Hear how to work with the DOE to • Hear about regulations regarding US energy and secure investment Understanding permit and environmental policies and potential changes in the future • Hear lessons learned first hand licensing costs from the first site to receive the • Analyze the costs associated with • Understand the impacts of what governmental loan guarantee permits and licenses policy changes could have on financing for your new builds • Understand potential pitfalls when • Understand the financial implications J. Alan Beamon, Director, Coal and Electric Power filing for the DOE loan program of the Limited Work Authorization Division, US Energy Information Administration Earl Long, Assistant Treasurer, (LWA), Early Site Permit (ESP) as well Southern Company as achieving a Construction Operating Lessons learned from the first wave of John T. W. Mercer, Chairman and License (COL) licensing and permitting Founding Principal, • Learn how best to manage your • Going forward, what improvements can be made to Mercer Thompson LLC finances whilst securing your permits expedite the new build process and licenses • Project schedule for finalising the build process: 1st Wave Analysis: Understanding W. Kenneth Hughey, VP, Nuclear looking at the first part with the NRC the loan guarantee process Business Development, Entergy • Financing for contracts, equipment, starting • Identify the development and financing challenges associated with Initial spending and the supply construction nuclear projects chain • Learn how to achieve a COL and advance with your • Gain a full understanding of the • Gain an understanding of how initial nuclear projects financing process that was investments will filter through the • Perspective of where we are with licensing supply chain schedules and deliverables – how can we improve/ used in order to reach the loan streamline this process guarantee shortlist • Hear about future spending activities • Hear about key strategies that can and how this will help to expand the Senior Representative, NRC be used for improving prospects supply chain and make it more competitive Uncovering the Hidden value of Nuclear of financing nuclear projects to Power Investments help ensure the future of your Scaled down reactors and their nuclear projects • What is real options analysis and why is it different impact on helping to achieve • Learn about the critical drivers than traditional DCF investment analysis? finances of value and risk to the cost, • Why ROA is more appropriate for nuclear power • Take a look at the interest in new schedule and economic value investments than traditional methodology reactor designs and how they could of new nuclear plants • Where has ROA been applied in the nuclear possibly aid your future projects industry? • Discussion on potential draw backs LUNCH WILL BE • What are the issues surrounding the use of include prototype design difficulties SPONSORED BY: ROA for the nuclear industry? and licensing problems PANEL INCLUDES: Tom Retson, President, Jack Bailey, Vice President, Nuclear EnergyPath Corporation Generation Development, Robert Graber, Chief Economic Officer, Tennessee Valley Authority EnergyPath Corporation Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 6. ...and mitigate financial risks for nuclear construction day two - November 17 Conference Chair: Paul Murphy, Global Project Finance Group, Milbank Section 4: Achieving Export Securing Long-term Investment Panel Section 6: Creating a Finance, Foreign Investment • What can you do to make your project Financial Strategy and Private Funding more appealing for private investment • Hear examples of what you can do in Managing Finances Official Finance Panel order to make your project a more viable • Learn how to effectively manage your investment • How to work best with foreign investors to finances to ensure your new build project help secure funding for your projects Moderator: Paul Murphy, Global Project runs on time and on budget Finance Group, Milbank Moderator: Janet Gorn, Senior Foreign • Hear about strategies currently in place Affairs Officer, US Department of State Panelists: Jonathan Rose, Executive that are helping utilities to manage their Director, UBS Investment Bank Panelists: Ashok Pasricha, Senior Technical finances more effectively Advisor, Export-Import Bank of the Daniel Mallo, Managing Director, Project and United States Structured Finance – Energy, Societe Generale Public Service Commission Panel Marc Murcia, Director States Guarantees Department, COFACE Renato Plastina, Director, Power & Energy • How to manage your resources through Project Finance – North America, resource plans and create a solid forward Yoshiaki Ushijima, Chief representative in BNP Paribas strategy Washington, DC, JBIC • Gain a good understanding of project monitoring to avoid costly overruns Export Finance: Working with Section 5: Risks and contractors to secure investment Nuclear Finance PANEL INCLUDES: • Understand the importance of working Nathan Skop, Commissioner, Florida Public Service Commission with your contractors to help secure Risks: Assessment and mitigation to Edward Finley, Chairman, North Carolina export finance secure private investment Utilities Commission • Hear from a leading technology provider • Understand the importance of guarantees on strategies to secure further investment and how this will influence potential and ensure your nuclear project goes ahead investors Section 7: Overcoming the Michael Higgins, Director of Project Finance, • Hear about corporate credits and how Challenge of EPC Contracts they can aid your future nuclear projects AREVA • How to secure private investment – what Engineering, Procurement and Working with foreign companies to do you need to do? Construction Contracts: Working achieve financial aid towards an agreement Risks: Assessing and mitigating risks • Hear how foreign investment can be Understand the importance of the following key secured to ensure your planned project for new projects aspects when negotiating an EPC contract: goes ahead • Understand the risks associated with new • Cost nuclear projects and learn how to manage • Gain an understanding as to why foreign • Management them early in the process companies are looking to invest in the • Hear examples of how to avert potential • Payment allocation US market risks and look at examples of actual • Risk allocation Senior Representative, Mizuho Corporate Bank project lessons learned Dale Lloyd, Project Support Director, Vogtle • Understand the importance of mitigating 3 and 4, Southern Company Export Controls on Nuclear potential risks in order to assure Intelligence: how this can affect successful project delivery EPC Contracts: Negotiating turnkey project financing Ingmar Sterzing, Director, Contracts Panel Session Risk Management, Westinghouse • Learn about the DOE’s restrictions on • An in-depth discussion to understand sharing design information with foreign possible difficulties with EPC contracts nationals who work within or outside including: the country NuCLEAR ENERGy INSIDER FREE - Pricing structure • Learn about the potential criminal and civil WEEkLy E-NEWS LETTER - Schedule guarantees penalties for non-compliance and how We provide a free weekly industry e-news - Performance guarantees they could effect your finances letter that over 3,500 nuclear professionals - Credit Support • Understand the legalities surrounding subscribe to. export controls and the effects this may Sign up for free and you’ll receive: - Joint/ Separate liabilities – where do have on your new project finances • Latest industry developments liabilities lie Sign Up • Executive briefings & interviews - Change in price/schedule after the TODAY! • In-depth reports on key trends agreement book your plaCe now • All the latest updates and discounts - Breaches of contract CALL TODAY: Sign up today at PANEL LED BY: 1800 814 3459 www.nuclearenergyinsider.com John Lamberski, Principal, Mercer Thompson LLC Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 7. "The major challenge facing new nuclear power plants [is] aCt now! construction financing." - Nuclear Energy Institute, March 2010 SAVE UP TO $200! Nuclear INvestmeNt & Project FINaNce DETAILS BELOw coNFereNce, usa 2010 November, 16-17, 2010, Washington DC, USA 4 reasons why your Company needs you here: Date & Venue November 16-17, 2010, Washington DC, L'enfant Plaza Hotel, USA 1 you will be able outmeet lessons learnt, the 3 Returnknowledge. It will be your ideas, strategies and clients, find to their with your competitors build to your office armed with critical new Hotel Discounts initiatives they are putting in place and exchange and contacts that ensure your business leads the We have negotiated special room rates at the hotel. Reservation and price details will be sent to you when you register best practice solutions. way when it comes to maximizing your nuclear development plans. 2 into thegain invaluablesecure investment and 4 Save your department time and money by you’ll best ways to knowledge and insight group disCounts aVailable Come along with members of your team and take attending this one stop shop assessing all things manage finances which will be essential when associated with finance for new build projects and advantage of Nuclear Energy Insider’s special group developing your new build strategy for project give your company the best possible chance to discounts. The more attendees you sign up, the more success. make 2011 the most successful year ever! money your company saves! Visit www.nuclearenergyinsider.com/fin or call today on 1800 814 3459 3 easy steps to register now! 1. Choose your registration package 3. Payment PASS tYPE: Early Bird Full Choose one of the following payment options: Please tick the package you require below: Expires Price I enclose a check/draft for: $ ______________ Oct 15, 2010 (payable to FC Business Intelligence Ltd) diamond Pass: Please invoice my company: $ ______________ Full 2 day pass, Audio & Visual Access, Full conference documentation + access to all lunches, breaks + Purchase Order no.:_______________________ networking party PLUS The Nuclear New Build Market for Component $3,190 $3,390 Suppliers Report Please charge my credit card: $ _____________ Amex Visa Mastercard Platinum Pass: Full 2 day pass, Audio & Visual Access, Full summit Credit card number: documentation + access to all lunches, breaks + networking party $1,995 $2,195 Expiry date: Security Code: Gold Pass: name on card: Full 2 day pass, Full summit documentation + access to all lunches, breaks, networking party $1,795 $1,995 Signature: Post Conference NB: FuLL PAyMENT MuST BE RECEIVED BEFORE THE EVENT Audio & visual Access $395 Cancellation Policy 2. delegate details ONLINE BROCHURE dISCOUNt: Places are transferable without any charge. Cancellations before October 16, 2010 incur an administrative charge of 25%. If you Please photocopy this form for multiple registrations IANDF50 cancel your registration on or after October 16, 2010 we will be This is a $50 discount code. Use it online obliged to charge you the full fee. Please note – you must notify Mr / Mrs / Ms / Dr: and you will get $50 off your delegate ticket. Nuclear Energy Insider (division of FC Business Intelligence) in writing, of a cancellation, or we will be obliged to charge you the First name: full fee. The organisers reserve the right to make changes to the Last name: program without notice. All prices displayed are exclusive of VAT unless otherwise stated but, VAT will be charged, where applicable, Company: Position/Title: at the prevailing rate on the invoice date and the relevant details will appear on the invoice. FC Business Intelligence takes every Telephone: Fax: care to ensure that prices quoted are correct at time of publishing however, bookings will only be accepted if there is no material error Email: in the price advertised on the website. Address: Designed by www.thecreativetree.co.uk Zipcode: Country: Register today – simply visit www.nuclearenergyinsider.com/fin or phone 1800 814 3459
  • 8. "The major challenge facing new nuclear power plants [is] construction financing." - Nuclear Energy Institute, March 2010 Nuclear INvestmeNt & Project FINaNce coNFereNce, usa 2010 aCt now! SAVE UP TO $200! DETAILS INSIDE November 16-17, 2010, Washington DC, L'enfant Plaza Hotel, USA plan your proJeCt finanCe strategy, Mitigate risk and seCure inVestMent for new nuClear ConstruCtion EXPERT SPEAKERS INCLUDE: SPEAKING ORGANISATIONS INCLUDE: Jonathan Silver, W. Kenneth Hughey, Jack Bailey, Dale Lloyd, Executive Director of VP, Nuclear Business Vice President, Nuclear Project Support Director, Loan Guarantee Program, Development, Generation Development, Vogtle 3 and 4, Department Of Energy Entergy Nuclear Tennessee Valley Southern Nuclear Authority • loan guarantee update: Hear from the DOE Loan Programs Office and learn how to secure government backing for your project • alternatiVe funding Methods: Hear how to secure alternative funding to aid the construction of your new nuclear facility • epC ContraCt negotiation: Understand how to structure EPC contracts to avoid disputes and reach a mutually beneficial agreement • Mitigate finanCe risks: Learn how to identify and mitigate financial risks to ensure you create a bullet- 4 EASY WAYS TO REGISTER proof project finance strategy EMAIL info@nuclearenergyinsider.com with BOOK ME I&F in the subject line • poliCy and Market update: Learn about the CALL 1800 814 3459 and register current US energy policies and hear how future FAX the form inside to 1800 814 3460 changes could affect nuclear financing GO ONLINE to www.nuclearenergyinsider.com/finance and LUNCH SPONSOR: click on the book my place tab Visit the website now for the latest updates on speakers, sponsors and the full agenda www.nuclearenergyinsider.com/fin