Solar cannibalization in Spain and other market parity countries

Mr Kim Keats is a Director at K4K Training & Advisory. Kim started his career in economic consulting at London Economics in 1995 and joined the new London office of ICF International in 2000. Joined IPA Energy + Water Economics in 2007 developing and leading the transaction team based in London until the end of 2014 when he relocated full time to Madrid. Set up the market advisory team at K4K (www.k4kadvisory.com). His primary focus on the preparation of market studies to support and inform financing, refinancing, IPOs and M&A of power, fuel and water desalination projects in Europe, Middle East, North Africa, Asia and the Americas covering both conventional and renewable generation technologies on behalf of major international project developers, financiers and fuel suppliers. Over the past 17 years, Kim has supported the successful completion of 47GW and 471MIGD of capacity with a transaction value of more than USD32 billion. He has worked in Spain since 1998 advising on a variety of thermal and renewables projects and for different clients.

Manuel Cabrerizo is partner and co-founder of Voltiq. He contributes more than 25 years international experience in infrastructure banking.Manuel is one of the leading renewable energy project finance bankers worldwide, and has led numerous landmark transactions such as the 146 MW Laberinto solar project financing in Chile, Latin America Solar deal of the year 2015, the record-time multilateral financing of the 70 MW Campo Palomas wind project in Uruguay, and the 81 MW Hedet wind farm financing with a Google PPA in Finland for French IPP Neoen. Before co-founding Voltiq in 2009, Manuel was Managing Director at WestLB and closed more than 40 structured financings across sectors and jurisdictions. Until 2009 he was particularly active in structuring, underwriting and syndicating renewable energy transactions in Spain in the wind, solar PV and solar thermal segments, each of these accounting for 1.200, 150 and 250 MW, respectively. Manuel is fluent in Spanish, English and German.