Will is responsible for developing and enhancing Trust and Agency Services products to suit the needs of clients who are active in the Project Finance sector. Will collaborates closely with Wilmington Trust’s Sales and Marketing teams, engages with potential clients, and delivers thought leadership to the market.
Will has over two decades of project finance and asset-backed lending experience. Prior to joining Wilmington trust in 2017, Will served as the Global Product Manager for Project Finance in the Global Transaction Banking business at Deutsche Bank. Earlier in his career, Will worked at Fortis Capital, where he originated and underwrote project finance transactions in the energy sector, focusing on renewable energy technologies.
Will holds an MBA from Fordham University and a bachelor’s degree from Syracuse University. He is a member of the governing council of the International Project Finance Association.
It is difficult to address the project finance sector without touching upon the real and anticipated effects of the COVID-19 pandemic.Tax equity providers may be in short supply, as those entities need to have considerable tax appetite to monetize tax credits.One interesting outcome is that the world has gotten a feel for what greenhouse gas emissions could look like in a world where the public at large is not commuting to work or traveling.
A lot of capital continues to come into the U.S. market, with a huge focus on energy and infrastructure assets.We are also seeing U.S. developers and finance companies looking across the border into Canada, and Latin America in the hunt for yield.It certainly seems that from both a lender and institutional investor perspective, there are more new names coming in than are going out. The space is demonstrably growing.
The role of renewables continues to grow in the new decade.The power sector, especially renewables, continues to dominate North American infrastructure.Additional research into environmental impact has put a temporary halt on many offshore wind projects.Corporates are directly entering into power purchase agreements (PPAs) with renewable energy providers because they find that it is cheaper than buying through a utility.
