Aurora Energy Finance Conference Paris 2026

Registration & Welcome Coffee

Welcome & Opening Remarks

Olivier Beaufils

Head of France, Aurora Energy Research

Cansu Ece Yurdayarar

Commercial Manager, Aurora Energy Research

Distinguished Opening Keynote Address: Inside the Investor Playbook — Managing Instability in Europe’s Power‑Market Risk

To be Announced…

Speaker will be announced soon

Aurora Keynote 1: Bankability in Volatile Markets: Offtake Structures to Manage Revenue Uncertainty

• As power price volatility, cannibalisation risk and merchant exposure increase across European markets, securing predictable revenues has become central to project finance. 

• This session examines how offtake structures such as PPAs, CfDs and tolling agreements are being deployed to support bankability in today’s market conditions. 

•  It explores where these structures are proving effective and where they are under strain. 

• It also looks at how lenders and investors are reassessing risk allocation as volatility becomes structural rather than cyclical. 

Ana Barillas

Managing Director, Iberia and LATAM, Aurora Energy Research

Panel Discussion: What Gets Financed Today? Structuring Bankable Deals in Volatile Markets

• What it takes for a project to be considered bankable today  

• CfDs, PPAs and tolling: Which structures works and where it breaks  

• BESS tolling in practice: Economics, tenor, availability risk and counterparties   

• France, Germany, Uk and Italy in focus: How market design and incentives affect revenue certainty  

• Where lenders draw the line on Risk, Merchant Exposure, Volatility and Complexity  

Julien Lupion

Head of Project Finance, Bpifrance

Mathilde Ketoff

Partner & Head of Debt, RGreen Invest

Simon Kornek

VP Southern European Origination, Statkraft

Casimir Lorenz

Managing Director, Central Europe, Aurora Energy Research

Dr. Carsten Steinhauer

Partner, Europe Energy and Resources Sector Leader, Dentons

Coffee Break & Networking

Aurora Keynote 2: The Cockroach Portfolio: Building Energy Assets that Survive Market Cycles:

• Describe several different market regimes impacting energy assets.  

• Describe/quantify how different assets behave in those regimes (laying out which assets ‘win’) 

• Model how portfolios of assets interact against these regimes, how can we construct portfolios to thrive against an uncertain future? 

Brian Potskowski

Head of Advisory, UK & Ireland, Aurora Energy Research

Panel Discussion 2: Grid, Flexibility and Capital Allocation: How network Constraints Are Reshaping Energy Investment in Europe

• As grid constraints tighten across Europe, value is shifting away from pure generation toward flexibility assets 
• As grid becomes increasingly scarce, which technologies and project structures are best positioned to capture this system value and attract capital? How are investors managing the revenue risks as markets mature and competition increases? 
• Institutional capital is moving into storage as it matures into a system-critical asset class – which markets and models are attracting capital first and what ownership structure of EU storage is emerging   
• As we are moving from market-driven to constraint- driven capital allocation, is current EU market design able to provide the right investment signals? What regulatory and market conditions still need to change to unlock investment at scale across the continent? 

Maddalena Cerreto

Lead Expert – Italy, Aurora Energy Research

Guillaume Leprieur

Head of Structured Finance Office for EMEA, Southern Europe, MUFG

Concluding Remarks & Aurora Insights:

Cansu Ece Yurdayarar

Commercial Manager, Aurora Energy Research

Networking Drinks Reception