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September 2021
GE Energy Financial Services President & CEO Susan Flanagan spoke about the acceleration of the energy transition in Europe, focusing on investment trends in renewables, the role of energy policy, onshore wind, and much more. Watch for more.
Reuters Renewable Finance and Investment 2021: Fireside Chat with GE EFS CEO
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September 2021
GE Energy Financial Services' President & CEO, Susan Flanagan, participated in a panel hosted by IJGlobal during its annual IJEurope event. In the session, Susan discussed trends and opportunities around the energy transition in Europe, including financing, the role of policy, renewables, grid resiliency, and the future of gas with carbon capture and hydrogen. Watch the session online, here.
IJ Europe Energy Transition Europe: Emerging Trends & Opportunities
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August 2021
GE Energy Financial Services MD and head of renewables, Gaurav Raniwala, was featured in a ReCharge story on the US offshore wind financing market. In the story, he states "Achieving 30GW will require around $60bn of capital. This is roughly equivalent to $30bn of debt — construction and term — and sponsor equity, plus $30bn in tax equity, he said. Those numbers may decline as advances in digital, foundations, grids, materials, turbines, and other technologies impact project costs, and the US fully develops east coast ports and supply chains for offshore wind." He adds, “most of the established tax equity providers know the offshore wind space is being covered by very reputable sponsors and the projects would have long-term off-take contracts with creditworthy counter-parties. Given those two things, these projects are definitely going to be attractive for tax equity investors.” Read the full story here.
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ReCharge - 'More clarity and certainty': Bullish banks flock to back fast-evolving US offshore wind
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August 2021
GE Energy Financial Services MD and head of renewables, Gaurav Raniwala, recently spoke at ACORE Finance Forum with other industry experts on a panel titled “Capital Flows and Tax Equity in a Climate-Focused Economy.” Gaurav shared his insights on the US wind market and how EFS is continuing to help finance its development.
Read the panel transcript in Project Finance Newswire, here.
ACORE Finance Forum
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June 2021
Susan Flanagan, President & CEO of GE Energy Financial Services, came together with industry experts in a panel discussion on the US thermal power markets. Susan and the panelists shared their perspectives on the PJM Interconnection capacity auction results for delivery year 2022/2023, the US Federal Energy Regulatory Commission (FERC) over the Minimum Offer Price Rule (MOPR), the 2020 Texas power crisis and the role of market design, and carbon capture and hydrogen gas technology advancements amid growing ESG trends. View the roundtable discussion, here.