Summit Agenda

DAY 1 – Thursday, April 20, 2017

7:30 AM – 8:30 AM:  Breakfast, Registration and Expo

8:30 AM – 9:00 AM:  Welcome Remarks

  • Gerardo J. Portela  | Chairman, Puerto Rico Public-Private Partnerships Authority

8:45 AM – 8:55 AM:  Special Guest

  • Hon. Manuel Laboy | Secretary, Department of Economic Development and Commerce

9:00 AM – 9:50 AM:  Summary of Puerto Rico’s Fiscal and Economic Plan

Puerto Rico is under a new fiscal governance regime. This session will present a summary of the Puerto Rico Fiscal Plan, as submitted to the Puerto Rico Financial Board under PROMESA and will explain the collaborative efforts between the Government of Puerto Rico and the Puerto Rico Oversight & Management Board. Emphasis will be placed on the measures that will be taken to move Puerto Rico to a fiscal balance and positive economic growth.

  • Moderator: Jorge F. Rodríguez, Ph.D. | Director of Municipal Banking & Markets BofA, Merrill Lynch- PR
  • Panelist: Elías Sánchez | Government of Puerto Rico Representative to the Oversight Financial Board
  • Panelist: Gerardo Portela | Executive Director, Puerto Rico Fiscal Agency and Financial Advisory Authority
  • Panelist: Jonathan A. Ballan | Partner, Dentons

10:00 AM – 10:50 AM: Overview of PPP Framework and Program in Puerto Rico

Puerto Rico has a comprehensive PPP framework that compares favorably against other states in the U.S. In addition, Puerto Rico has proven track record in delivering PPP projects in transportation, energy and other sectors. This panel will discuss the positive elements in the Puerto Rico PPP framework, its project evolution and its overall new project pipeline. It will discuss its collaborative efforts with Puerto Rico Oversight & Management Board and will discuss the benefits of recent enhancements to the Puerto Rico PPP legislation, among others.

  • Moderator: Manuel Rodríguez, Esq. | Member, Pietrantoni Méndez & Álvarez
  • Panelist: Omar J. Marrero, Esq. | Executive Director, Puerto Rico P3 Authority
  • Panelist: Robert Valentine | Managing Director, Macquarie Capital
  • Panelist: David B. Horner | Partner, Hunton & Williams
  • Panelist: Wilson Ortiz-Vega | Advisory Leader, Aon Construction & Infrastructure Solutions Latin America

11:00 AM – 12:00 PM: Financing Market for PPP Opportunities in Puerto Rico

The level of interest from financial markets and lenders to new Puerto Rico PPP projects will prove to be critical for Puerto Rico to be successful in delivering future PPP projects. This panel will describe Puerto Rico’s challenges and opportunities in obtaining financial interest for PPP projects. The panel will discuss local financing market and the corresponding international investment market interest from the equity and lending perspectives. Furthermore, the panel will discuss opportunities to obtain support from Federal programs such as TIFIA, WIFIA, PABs and others that may enhance the financial viability of specific PPP projects. Special emphasis will be upon self-revenue generating projects such as toll roads, broadband, monetization from surplus of government owned land, and lease payments from social infrastructure.

  • Moderator: Michael McDonald | Executive VP, First Bank Puerto Rico
  • Panelist: Stephen J. Auton-Smith | Managing Director, Ernst & Young Infrastructure Advisors
  • Panelist: Markus Pressdee | Global Head of Infrastructure, Jefferies
  • Panelist: Tom Mulvihill | Infrastructure Advisory & Lending, KeyBanc Capital Markets
  • Panelist: Stephen Howard | Infrastructure & Project Finance, Barclays

12:00 PM – 2:00 PM: Luncheon 

  • Remarks and introduction of Luncheon Speaker by the Association for the Improvement of American Infrastructure (AIAI) 
  • Luncheon Speaker: Hon. Ricardo A. Rosselló-Nevares | Governor of Puerto Rico

2:00 PM – 2:45PM

  • Mr. Raymond LaHood | Senior Policy Advisor | DLA Piper

3:00 PM – 5:30 PM: Specific PPP Projects in Puerto Rico by Areas: Break-Out Sessions

Specific PPP opportunities and projects in Puerto Rico will be presented in break-out sessions. These sessions will provide a first look at different PPP opportunities and projects. The break-out sessions will provide information such as objective and background or the projects, data trends, business rationale and other relevant information. Break-out sessions will include the following areas:

  • Energy
  • Water
  • Surface Transportation
  • Maritime and Aviation
  • Waste Management
  • Social Infrastructure
  • Information Technology / Communications

 5:30 PM: Reception by Rums of Puerto Rico
Open to all attendees

DAY 2 – Friday, April 21, 2017

8:00 AM – 9:00 AM:  Breakfast, Registration and Expo

9:00 AM – 9:20 AM: Business Climate in Puerto Rico

  • Hon. Manuel Laboy | Secretary, Department of Economic Development and Commerce

9:30 AM – 10:00 AM: Critical Projects Program under Title V of PROMESA

  • Ms. Natalie A. Jaresko Executive Director | Puerto Rico Oversight, Management, and Economic Stability Act

10:00 AM – 10:50 AM: Case Study: Metropistas and Aerostar’s Experience in Puerto Rico

This panel will discuss the experience of two major P3 concessionaires on the Island: Autopistas Metropolitanas de Puerto Rico, LLC (Metropistas), winner of the long-term concession of toll roads PR-22 and PR-5 in 2011 and Aerostar Airport Holdings, LLC (Aerostar), winner of the P3 concession of the Luis Muñoz Marín International Airport in 2013. Both infrastructure transactions are considered landmark P3 projects in the U.S. Panelists will discuss the advantages and challenges of investing in Puerto Rico and the attributes of the P3 procurement process in Puerto Rico. Also, both concessionaires will be sharing new initiatives to strengthen the investment climate in Puerto Rico and foster the delivery of additional P3 projects on the Island.

  • Moderator: Rubén Méndez, Esq. | Capital Member, McConnell Valdés
  • Panelist: Gonzalo Alcalde | Autopistas Metropolitanas (Metropistas)
  • Panelist: Agustín Arellano | Aerostar Airport Holdings
  • Panelist: Yuval Cohen, Ph.D. | Principal, Jacobs LeighFisher

11:00 AM – 12:30 PM: Roundtables Industry Feedback

Roundtable sessions will be organized to provide policy and decision makers with firsthand knowledge of market interest for Puerto Rico projects. It will also provide the opportunity for the Government and private sector to have a more intimate exchange of project and market challenges and opportunities.

  • Governor one-on-one meetings
  • Energy, waste management, water
  • Surface transportation, maritime and aviation transportation
  • Social infrastructure, technology and communications

12:00 PM – 12:30 PM: Conference Closure

Department of Economic Development and Commerce