Conference on Investing in Clean Energy Will Focus on Pacific Northwest as Hub
“With the rising buzz about clean energy, this is the perfect time to help forge productive partnerships. And the Pacific Northwest is the perfect place to do it.” --Bill Holmes, chair of the Stoel Rives Energy and Telecommunications practice group, remarking on an October 4, 2006, conference in Seattle. The event will bring together authorities on clean energy investment trends and will focus on the intersection of clean energy, private investment and public policy in the Pacific Northwest.
August 29, 2006
A one-day event entitled "Investing in Clean Energy in the Pacific Northwest” will be held October 4, 2006, at the Washington State Convention and Trade Center in Seattle.
Among the scheduled discussion topics are “Venture Capital: What Do VCs Look for in Clean Energy Companies?”; “The California Green Wave Initiative and Beyond: How State Investments Are Stimulating Private Capital Flow”; and “Clean Energy and National Security.”
Government and the energy industry are all increasingly looking to foster development of domestic alternative energy sources and technologies. A recent study by Cleantech Venture Network reveals that venture capital investment in clean energy companies tripled from 2005 to 2006. Although relatively new, the broader “clean tech” investment category is already the third largest category after biotech and software, having surpassed both telecommunication and medical investments, according to conference sponsor Stoel Rives LLP.
Bill Holmes, chair of the Stoel Rives Energy and Telecommunications practice group, noted that many energy companies already have headquarters or hubs in the Northwest, and the region has a good reputation as a place where entrepreneurial and environmental values coexist.
“Encouraging development of clean energy in the Northwest is a smart way to simultaneously benefit our national security, our regional economy and the environment,” he added.
Keynote speakers at the forum will be Winston Hickox, a partner with California Strategies, LLC and former portfolio manager for CalPERS; Dan Reicher, president of New Energy Capital and former Assistant Secretary for Energy Efficiency and Renewable Energy at the U.S. Department of Energy; and James Woolsey, vice president of Booz Allen Hamilton and former director of the U.S. Central Intelligence Agency.