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.
Head of Wilmington Trust Project Finance Will Marder shares his insights in this reprint published in the June 30, 2021 issues of Project Finance International. Will discusses how U.S. transactions will be completed in a wider variety of sectors and technologies in the coming years, and how the onshore renewables, offshore wine, transmission, and EV charging markets will benefit.
Emerging from 2020 & looking forward to 2021.2020 saw a high volume of activity in the renewable energy sector, as well as a meaningful uptick in the number of private placements being done.Renewables can be expected to drive the project finance market again in 2021, especially with tax credits now extended. There remains a strong interest in investing that encompasses ESG principles (Environmental, Social and Governance).
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.
This article reprint from Infrastructure Investor explores how lender appetite for U.S. Infrastructure is evolving. 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.
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.
