European Public Funding for FOAK: Lessons for American Companies

Glen Junor
Austin Badger
Joel Armin-Hoiland
Alun Jones
Event by: Climate Finance Solutions
Event format
In-person
Event duration
2 hours
Language
English
​**This is a private workshop hosted within Node's FOAK Summit. You must be registered for both the FOAK Summit and this workshop in order to attend** American companies building first-of-a-kind plants are looking to Europe, where tens of billions of euros still back FOAK deployment at scale, even as US public funding has contracted. For many, it's not optional;it's existential. But expanding to Europe still means navigating a new market, a different set of partners, a distinct value chain, and new ways of accessing both public and private financing. On the public funding side, Climate Finance Solutions supported several applications to this past cycle of the EU Innovation Fund, the EU's primary grant program for large-scale FOAK deployments, including applications from US-based companies. Joined by Sublime Systems, HSBC, and CFS's Europe lead, we'll cover what it actually takes to build in Europe: how public funding shapes the capital stack, what European funders reward and penalize, and the practical questions, from partners to permitting, that decide whether a project is viable at all. This is for technology providers and developers considering whether Europe belongs on their roadmap, and financiers evaluating whether to back them. Speakers: • Dr. Glen Junor, Director of Public Sector Programs, Sublime Systems • Austin Badger, Global Head of Climate & Deep Tech, HSBC • Alun Jones, Europe Lead for Project Development, Climate Finance Solutions Moderated by Joel Armin-Hoiland, Founder and CEO, Climate Finance Solutions Schedule: 2:30pm doors open 2:45–3:45pm panel 3:45–4:30pm networking About CFS: Climate Finance Solutions is a climate grants and public funding advisory firm working across Europe, North America, and other global markets. Its team has secured over $1.8B in public funding globally and over €500M in European funding for climate technology companies and project developers. ​About the FOAK Summit: Node's FOAK Summit brings together 500 senior leaders from across the value chain, including capital providers, EPCs, strategic corporates, offtakers, insurers, regulators, and growth stage startup founders who are gearing up for a FOAK deployment. For a full description and agenda of the FOAK Summit: www.nodeclimate.com/foak-summit