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.
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.
The growing demand for data and the infrastructure to host it has provided a new area of opportunity—data centers.Project finance has long been a part of many important sectors of the economy including, conventional power, renewable energy, oil and gas, and transportation.The growing demand for data has driven the construction of massive infrastructure, in the form of data centers, and the [renewable] energy required to operate them.
Tech advancements are transforming infrastructure opportunities in project finance.Funding for infrastructure assets has shifted with less coming from commercial banks and more capital coming institutional investors.Technology is impacting infrastructure with the telecom industry moving from 4g to 5g, causing a larger demand for location-specific data centers.An abundance of capital allows independent third-party trustees the opportunity to partner with many sources.
