Note: The agenda for the 2010 session is still being developed. The material below is from the most recent (January 2009) session.

To receive information on the January 2010 session as it becomes available, click here.

DAY ONE - Monday, January 26th

7:30 a.m. - 8:30 a.m.

Registration and Continental Breakfast

8:30 a.m. - 8:45 a.m.

Welcome and Introduction

8:45 a.m. - 10:15 a.m.

The Investment Bankers’ Perspective

With depressed valuations and capital issues at the forefront, how is the utilities M&A landscape likely to evolve? Who are the likely buyers and sellers? What does it take to close a deal? What is the impact of ongoing legislative and regulatory forces? What role do j.v.’s and other deal structures play?

• Jeffrey R. Holzschuh, Vice Chairman and Managing Director
  Morgan Stanley & Co.
• Timothy Kingston, Managing Director
  Goldman Sachs & Co.
• James M. Metcalfe, Global Head of Power Banking
  UBS Investment Bank
• Raymond Wood, Managing Director
  Credit Suisse
• William S. Lamb (Moderator), Partner
  Dewey & LeBoeuf LLP

10:15 a.m. - 10:35 a.m.

Refreshment Break

10:35 a.m. - 12:00 p.m.

Hold On A Minute: Considerations from Regulators and Consumers

What are the key issues for regulators under the current social and economic climate? How do they judge value and what approaches are likely to win approval?

• Frederick Butler, Commissioner
  New Jersey Board of Public Utilities
• Jeff Davis, Chairman
  Missouri Public Service Commission
• Edward S. Finley, Jr., Chairman
  North Carolina Utilities Commission
• Allen M. Freifeld, Commissioner
  Maryland Public Service Commission
• Maureen Harris , Commissioner
  New York State Public Service Commission
• David Springe, NASUCA President, Consumer Counsel
  Kansas Citizens' Utility Ratepayer Board
• Julia L. Johnson (Moderator), Chairwoman
  Emerging Issues Policy Forum

12:00 p.m. - 1:30 p.m.

Luncheon

Hosted by Ernst & Young LLP   

Luncheon Address: The Honorable Joseph T. Kelliher, Chairman
Federal Energy Regulatory Commission

1:30 p.m. - 3:00 p.m.

Views from the Top: Using Mergers and Acquisitions to Address Strategic Uncertainty

What role should M&A play in a company’s strategic plan right now? What are the pros and cons of strategic transactions versus “bolt-ons” and rationalization
transactions? How are capital, infrastructure, and environmental demands impacting deal-making?

• Stephen P. Reynolds, Chairman, President and CEO
  Puget Energy
• James E. Rogers, Chairman, President and CEO
  Duke Energy
• Michael W. Yackira, President and CEO
  NV Energy, Inc.
• Steven H. Davis (Moderator), Chairman
  Dewey & LeBoeuf LLP

3:00 p.m. - 3:20 p.m.

Refreshment Break

Hosted by McGuire Woods LLP  

3:20 p.m. - 5:00 p.m.

Creating Value in the Alternative Energy Space

Achieving clean domestic energy production still presents considerable obstacles. What is the outlook under a new administration and congress? How will transactions play a role in the continued development of the sector?

• Clemens Buss, Managing Director
  Lazard Freres & Co.
• Thomas J. Flaherty, Senior Vice President
  Booz and Co.
• Eric O. Fornell, Vice Chairman, Global Head, Natural Resources Investment Banking
  JPMorgan Chase
• Ellen Pao, Partner
  Kleiner Perkins Caufield & Byers
• Wouter Van Kempen, President
  Duke Energy Generation Services
• John G. Klauberg (Moderator), Partner
  Dewey & LeBoeuf LLP

5:00 p.m. - 6:30 p.m.

Cocktail Reception

Hosted by Booz & Co.

DAY TWO - Tuesday, January 27th

7:45 a.m. - 8:30 a.m.

Continental Breakfast

Hosted by Huron Consulting Group

8:30 a.m. - 10:00 a.m.

Financing, Capital Management and Hedging in the Current Environment: Strategies and Considerations

In the current volatile financial markets what are the strategies and considerations for weathering the storm? How should the new infrastructure investors be viewed in this context? How should companies think about raising capital and executing transactions in the ordinary course and in non-traditional manners?

• Mark Florian, Managing Director, Head
  First Reserve Infrastructure Fund
• Steve Fleishman, Managing Director
  Catapult Capital Management LLC
• Thomas M. O'Flynn, Executive Vice President and Chief Financial Officer
  Public Service Enterprise Group
• Jean-Paul St. Germain, Managing Director
  RBS Sempra Energy Trading
• George W. Bilicic (Moderator), Chairman, Power , Utilities and Infrastructure
  Lazard Freres & Co.

10:00 a.m. - 10:15 a.m.

Refreshment Break

10:15 a.m. - 11:30 a.m.

Asset Acquisitions and Divestitures: Finding the Ceiling and Floor

Where is the market for power assets headed? Are assets valued equally across markets? What does the market hold for merchant generators and how will they adjust their portfolio strategies?

• R. John Dingle, Partner
  Thorndike Landing
• Jay D. Horine, Managing Director, Head of U.S. Power & Investment Banking JPMorgan
• Paul G. Smith, Senior Managing Director
  Tenaska Capital Management
• Roger Wood, Managing Director
  Rothschild, Inc.
• Edward Metz (Moderator), Director, Energy Group
  SNL Financial

11:30 a.m. - 11:45 a.m.

Refreshment Break

11:45 a.m. - 1:00 p.m.

Lessons Learned from Recent Transactions

What does recent history tell us about the strategies and tactics that lead to wins in the financing, regulatory and integration arenas? What actions can be taken in the deal process to achieve desired outcomes and mitigate risks?

• Mark Hickson, Managing Director
  Merrill Lynch
• Wendell F. Holland, Former Chairman
  Pennsylvania Public Service Commission
• Todd A. Kobayashi, Vice President, Strategy and Risk Management
  Kansas City Power & Light / Great Plains Energy
• Eric M. Markell, Executive Vice President and Chief Financial Officer
  Puget Energy
• Raffiq A. Nathoo, Senior Managing Director
  The Blackstone Group
• Mark Sidran, Chairman
  Washington Utilities and Transportation Commission
• William S. Lamb (Moderator), Partner
  Dewey & LeBoeuf LLP