Asia Forum for Clean Energy Financing (AFCEF-5) | Investor Panel Transcript
The U.S. Agency for International Development (USAID) regional Private Financing Advisory Network-Asia program (“PFAN-Asia”) assists businesses, governments, and others in Asia’s developing countries to mobilize and scale up investments in clean energy. The primary goals of the program are to mobilize at least $1 billion in funds for clean energy investments and avoid or reduce greenhouse gas emissions amounting to at least 40 million tons of carbon dioxide equivalent. PFAN-Asia seeks to identify promising clean energy projects that have the capacity to raise private sector financing.
As part of its ongoing activities, PFAN-Asia co-sponsors an annual, region-wide business plan competition called the Asia Forum for Clean Energy Financing (AFCEF) – now in its 5th iteration. Through this competition, PFAN-Asia offers entrepreneurs strategic advisory through its network of PFAN Mentors, as well as multiple opportunities to refine their pitches and further develop their knowledge on how to successfully raise financing.
During the most recent gathering of AFCEF-5 participants, PFAN-Asia convened a diverse panel of investors to discuss topics ranging from the most common mistakes they uncover in business plans, to how and when they typically consider exiting investments. What follows below is the transcript from the 60-minute session.
Speakers in the Panel:
Mr. M K Balaji serves as Director at FE Clean Energy PTE Limited. Mr. Balaji’s specialties include industrial manufacturing, power, clean energy, energy efficiency, start-up, turn-arounds and operations.
Mr. Ivan Topalov serves as Accelerator Manager at LGT Venture Philanthropy. His areas of expertise are investment banking, corporate finance, M&A and capital markets. Prior to joining LGT Venture Philanthropy, Mr. Topalov was an associate at an international bank in Hong Kong.
Mr. Gary Zieff is Senior Vice President for Business Development at Annex Power. Mr. Zieff has 13 years of experience in the energy sector. Prior to joining Annex Power, Mr. Zieff was Co-Founder and Chief Operating Officer for Dissigno, a renewable energy consultancy based in San Francisco, CA.