mallowstreet University Dinner: Decarbonising the UK Power System by 2035 - An Investment Opportunity Combining Net Zero, Local Impact and “Levelling Up” Agendas

Our presentation will focus on three questions:

• Given the burgeoning Net Zero economy and the Levelling Up agenda, is it possible to achieve both at the same time?

• Are renewables and other comparable assets likely to be located in areas defined by the Government as being in Category 1 and 2 from a levelling-up perspective?

• Fundamentally trustees have to adhere to their fiduciary responsibility first and foremost, so does referring to ‘local’ being the UK (per the LGPS Advisory Board) assist in driving the Levelling Up agenda?

In October 2021, the UK Government made a landmark commitment to increase energy independence and fully decarbonise the UK power system by 2035, a target that will require total public and private investment of GBP 280-400 billion in generation capacity, flexible assets and grid infrastructure. This number could yet increase further still given Boris Johnson’s commitment to double down on new wind power since the tragic events in Ukraine started unfolding.

Decarbonisation is arguably one of the most compelling investment themes for institutions, offering local job creation and regional economic benefit while also providing broader attributable, tangible and measurable ESG impact from real asset investments which aim to deliver long-term capital protection and value growth.

This evening session is accredited for CPD points by the Pensions Management Institute (PMI) and is exclusively for pension fund decision makers and their advisers.

Speakers

Mark Burrows
Head of Europe, Capital Formation and Investor Engagement
Mr. Burrows is in charge of capital formation and investor engagement
14 years’ experience

• Director, Head of Institutional Capital between 2008 and 2016 of Foresight Group, a market leading renewable energy and private equity asset manager
• Mr. Burrows lead the institutional fundraising efforts at Foresight, and raised US$ 600m across 20 Limited Partners and co-investors, transitioning Foresight from a retail funded to an institutionally funded business
• Private Client Sales Manager of Foresight Group between 2008 and 2009
• Prime Brokerage Analyst (third year) at Goldman Sachs during 2007
• Business Development Executive of Invicta Capital between 2005 and 2007
• Holds a BA (Hons) in Economics and French Studies from Oxford Brookes University
Anne Foster
Head of ESG
Ms. Foster is responsible for leading the firm’s ESG and Sustainability activities
15 years’ experience
• Vice President for the CEI division at Capital Dynamics Group between 2010 and 2014, supporting investment analysis, fundraising and investment transaction project management
• Previously worked in Asset Management for Deutsche Bank Asset Management Infrastructure, Grant Samuel M&A and Investment Banking at Credit Suisse
• Has completed postgraduate studies at MIT in Digital Transformation (Blockchain, IoT, Cryptocurrencies, AI and Cybersecurity), holds a Master of Applied Finance from the Securities Institute of Australia, a Bachelor of Science (specialising in Environmental Science) from the University of New South Wales, Australia with First Class Honours and has also studied under scholarship at the University of California, Santa Barbara in the Bren School of Environmental Science and Management

Program

6:30 PM Guest Arrival and Welcome Drinks
7:00 PM Seated for Dinner
7:05 PM Service begins followed by Presentation and Discussion
9:00 PM End

mallowstreet University Dinner: Decarbonising the UK Power System by 2035 - An Investment Opportunity Combining Net Zero, Local Impact and “Levelling Up” Agendas

Speakers

Program

6:30 PM Guest Arrival and Welcome Drinks

7:00 PM Seated for Dinner

7:05 PM Service begins followed by Presentation and Discussion

9:00 PM End