TRACKBACK: New York, NY 21 Feb 2006
Oakes headed to the Solar and Clean Tech Symposium hosted by Piper Jaffray & Co. situated in New York and attended by some of the top money managers and investment consultants. This first of its kind symposium included management presentations, panel discussions and an investor forum. Publicly traded and private companies from all over the world scheduled to present include: BP Solar (BP), SunPower (SPWR), Evergreen Solar (ESLR), Energy Conversion Devices (ENER), Solar Integrated Technologies (AIM: SIT.LN), Emcore (EMKR), Daystar (DSTI), First Solar, PowerLight, Konarka and close to a dozen others. READ MORE in Corporate Finance Weekly + check out the "Seen & Heard" section on page 5.
"The conference is a perfect opportunity to really assess the big picture, including the current supply constraints in the solar industry. The conference was not any typical environmental symposium. It was attended by people who speak in money terms, some who would consider themselves environmental, and some who would not. Let's just say you could bet your bottom dollar that they'd get right down to business," Oakes commented. Summer Rayne was discussing with some people in attendance how solar energy connects to her line of work and later sat in an informal closed-door discussion with Robert F. Kennedy, Jr. regarding two privately-held solar companies.
ABOUT PIPER: Piper Jaffray has been accepted into the Ceres network, a 16-year-old coalition of investors, environmental organizations and other public interest groups who work with companies to tackle sustainability challenges such as global warming. Piper Jaffray joins 65 businesses—including nearly a dozen Fortune 500 companies—who are committed to engaging stakeholders on sustainability issues. “We are committed to corporate responsibility and sustainability and are pleased that the Ceres board has approved us for membership,” said Andrew Duff, chairman and CEO, Piper Jaffray. “It is becoming increasingly important to our clients that we provide socially responsible investing advice, and that we participate in the significant role that alternative energy will play in our future.”
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