Multi-faceted track record that includes leading roles in M&A, cross-border joint venture, project finance, corporate finance, market entry strategy, public policy, tax advantaged transactions and not for profit ventures -- with a common focus on renewable energy.
Alyra Track Record
- Advisor to Airtricity, a major European renewable energy company, on market development opportunities.
- Advisor to Clipper Windpower on potential joint venture and market development opportunities.
- Sole Advisor to Duke Energy, on the acquisition of all wind power assets of Tierra Energy.
- Originated the $240 million Catamount Energy acquisition transaction for Duke Energy, June 2008.
- Advisor to EHN, one of the global leaders in wind power development and technology, on financing a U.S. project.
- Advisor to Invenergy, a major development company, on financing of a wind power project.
- Advisor to Jasper Energy on wind power financing.
- Advisor to Platts, a global energy think tank owned by McGraw Hill, on structural issues and emerging trends in the US renewable power industry.
- Advisor to SeaBreeze Energy, on wind power project financing.
- Advisor to Suncor, a major Canadian energy company, regarding a US joint venture.
- Advisor to Tenaska, a major energy development company, on financial structuring issues.
- Advisor to the US Department of Energy, on market based wind power economics.
- Advisor to a major foundation on structuring and implementation of a equity fund to assist community based wind power development.
- Advisor to a global financial institution on tax equity investments in US wind power transactions.
- Advisor to numerous developers on debt and equity structures and tax efficient capitalization of renewable energy projects.
- Collaborated with leading minds in renewable energy sector in analyzing financial and market affects of tax incentives available to renewable energy projects.
Sector Experience Prior to Alyra
Wind Power Restructuring
Led teams in restructuring of several U.S. wind power financings, comprising of total 340 MW, representing the lead arranger bank and acting as the lenders' agent.
Power Finance and Underwriting
- Led project financings of thermal and wind power projects. Example Lead Arranger roles include $140 million Rumford Power, $75 million Trent Wind Farm, $81 million San Gorgonio Wind.
- Executed underwriting of about $600 million in project and structured financings with transaction value exceeding $6 billion. Examples of transactions include $2.5 billion Calpine Construction Finance II, $1.25 billion Sithe Boston Generation, $1 billion Calpine Construction Finance I, $320 million Guadalupe Power, $350 million Odessa-Ector Power.
Tax Advantaged Transaction Structuring
Developed tax-advantaged financing solutions to help utility clients monetize underutilized assets, including SO2 credits.
Developed Mexican leveraged lease model to support $200 million locomotives supply bid. Analyzed preferred Mexican partnership vehicles for the transaction.
- Assisted a special purpose non-profit foundation in managing the acquisition and 12-month turnaround of a inner city commercial property from near bankruptcy, with $ 1 million annual losses, to breakeven performance.
- Conceived and managed a market research initiative including focus groups and direct customer interviews. Crafted and implemented a successful marketing strategy based on the research findings.