Mark Your Calendar!  

    Organized by:

    US Hydropower

           Council for International     Development

         In Partnership with:

ACLI

American Council of Life

Insurers

Ex-Im Bank

Export-Import Bank of the

United States

OPIC

Overseas Private

Investment Corporation

USAID

U.S. Agency for

International Development

USDOE

U.S. Department of Energy

USTDA

U.S. Trade and

Development Agency

                      The World Bank

2005 HYDRO

FINANCE

FORUM

April 20 & 21, 2005

St. Regis Washington Hotel

Washington, DC

Implementing

New Partnerships

and Strategies

for Success

The Finance Forum is intended to facilitate the dialogue among industry and investment executives to exploring mutually beneficial opportunities surrounding hydro development.

Day 1 • Wednesday, April 20, 2005

9:00 a.m.–9:30 a.m.      Registration; Coffee

9:30 a.m.–9:45 a.m.      Opening Session

Donald H. Clarke, Executive Director, US Hydropower Council for International Development

Welcome; statement of objectives

9:45 a.m.–10:05 a.m.    Keynote Address

                                    Abdul-Malek Refaat, President-Energy &

                                   Infrastructure, MWH

An overview of hydro development and investment opportunities.

10:05 a.m.–10:15 a.m.  Refreshment Break

10:15 a.m.–11:45 a.m.  Hydro Finance in Review and New Ideas

Moderator:                   Debby Stone, Director, Trade Promotion, US Hydropower Council for International Development

Panelists:                      Paul Berkshire, President, Hydro West Group Inc.

                                    Mark J. Mondik, Vice President, Delphos International

An assessment of traditional finance structures and introduction to alternative approaches.

11:45 a.m.–1:15 p.m.   Lunch

1:15 p.m.–2:45 p.m.     Approaches and Requirements of Debt Financing

Moderator:                   Quentin Williams, Vice President, MWH, The Montgomery

                                    Group

Panelists:                      Brian J. Daly, Managing Director, Energy & Infrastructure, TCW Trust Company of the West

                                    Erasmo Gonzales Holmann, Corporacion Interamericana

Georg Knoth, Senior Vice President, Capital Market Services, General Electric

Binoy Mishra, Senior Investment Officer, Infrastructure Department, International Finance Corporation

Geoffrey A. Tan, Senior Investment Officer, Structured Finance, Overseas Private Investment Corporation (OPIC)

A discussion of debt financing requirements, including perspectives on how to best meet those standards.

2:45 p.m.–3:15 p.m.     Refreshment Break

3:15 p.m.–4:45 p.m.     Approaches and Requirements of Equity Financing

Moderator:                 Peter J. Rae, President, PJR Consulting, Inc.

Panelists:                    Linda Habgood, Director, Delphos International

Juan Carlos Mendez Ordonez, Country Manager, Guatemala, Enel Latin America

                                    George Osorio, Managing Director, Conduit Capital

                                    Partners

                                    Brad Smith, American Council of Life Insurers

A discussion of equity financing with particular focus on key issues such as term and rate-of-return as well as social and environmental requirements.

5:00 p.m.–6:00 p.m.     Partnering Reception

Day 2 • Thursday, April 21, 2005

8:30 a.m.–9:00 a.m.      Registration; Coffee

9:00 a.m.–10:15 a.m.    Challenges and Opportunities in Rehabilitation

                                    Part I: Setting the Stage—What are the Opportunities?

Moderator:                   John A. Ketterl, Business Development Manager, GE

                                    Energy

Panelists:                      Charles F. Alsberg, P.E., President, North American  

                                    Hydro, Inc.

                                    Donald A. Erpenbeck, Vice President, MWH 

                                    Americas , Inc.

Roberto Grigera, Business Development Manager, Voith Siemens Hydro Power Generation

                                    V.V. Rajadhyaksha, Chairman, Dodson-Lindblom

                                    International, Inc.

An assessment of rehabilitation opportunities and discussion of how challenges can best be addressed.

10:15 a.m.–10:45 a.m. Refreshment Break

10:45 a.m.–Noon         Part II:  Financial Support Available

Moderator:                   Philip M. Hoover, P.E., President, H&M Engineering, Inc.

Panelists:                      Linda Mysliwy Conlin, Member, Board of Directors,

                                    Export-Import Bank

Marysue Shore, Senior Advisor to the President and Director of African Affairs, Overseas Private Investment Corporation (OPIC)

                                    Leocadia I. Zak, General Counsel, U.S. Trade and

                                    Development Agency

A look at key agencies’ perspectives on financing

rehabilitation projects.

Noon–12:30 p.m.         A Call to Action: How the Financial Community and the Hydro Industry Can Work Together to Achieve Win/Win Solutions

Facilitators:                   Marla Barnes, Executive Editor and Leslie Eden, Publisher, HCI Publications

A facilitated discussion about how to create an agenda

to move solutions forward.

12:30 p.m.–2:00 p.m.   Closing Luncheon