Experience
Year | Situation | Description | Region | Size | Kelson Role |
---|---|---|---|---|---|
2007-Present | Dogwood Energy Facility | Asset Management, Restructuring and Strategic Divestiture | SPP | 675 MW | Converted this plant to a jointly owned structure and sold fractional interests to municipal and governmental load serving entities. |
2020 - Present | Severn Power | Asset Management | UK | 850 MW | Asset management and restructuring support |
2020-Present | Solomon Energy Storage Center | Development and Asset Management | SPP | 1 MW / 5 MWH | Project development and asset optimization on behalf of the Kansas Power Pool. |
2020-Present | Sutton Bridge Power | Asset Management | UK | 850 MW | Asset management and restructuring support |
2020-2024 | New Athens Generating | Asset Management and Restructuring | NYISO | 1080 MW | Asset management and restructuring on behalf of an affiliate of Beal Bank. |
2020-2024 | Millennium Power Company | Asset Management and Restructuring | ISONE | 360 MW | Asset management and restructuring on behalf of an affiliate of Beal Bank. |
2020-2024 | New Harquahala Generating | Asset Management and Restructuring | WECC | 1092 MW | Asset Management and restructuring on behalf of an affiliate of Beal Bank. |
2018-2024 | La Paloma Generating | Asset Management and Restructuring | Cal-ISO | 1022 MW | Asset Management and Restructuring on behalf of an affiliate of Beal Bank. |
2022-2023 | Temple II Power Station | Asset Management | ERCOT | 758 MW | Asset management on behalf of an affiliate of Beal Bank. |
2014-2016 | Sundevil Power | Restructuring and Asset Management | WECC | 1100 MW | Asset management and restructuring support on behalf of an affiliate of Wayzata Investment Partners. |
2014-2016 | West Valley Power | Acquisition, Asset Management and Divestiture | WECC | 190 MW | Asset management and transaction management on behalf of an affiliate of Wayzata Investment Partners. Plant was sold to the Utah Municipal Power Authority (UMPA). |
2014-2016 | Castleton Energy Center | Asset Management and Divestiture | NYISO | 72 MW | Asset management and transaction management on behalf of an affiliate of Wayzata Investment Partners. Plant was sold to Fortistar. |
2011 | Magnolia Energy | Redevelopment and Strategic Divestiture | SERC/PJM | 968 MW | Qualified the plant as a PJM external capacity resource and cleared in PJM’s capacity auctions. Plant was sold to TVA |
2011 | Island Cogen | Redevelopment and Strategic Divestiture | British Columbia Canada | 260 MW | Redeveloped the asset to a peaking resource after its industrial host shut down. Following redevelopment, this plant was sold to Capital Power. |
2011 | Cottonwood Energy | Strategic Divestiture | SERC | 1,279 MW | Managed the asset and ownership interests for four years, concluding with sale to NRG. |
2010 | King City Cogen | Strategic Divestiture | CAISO | 120 MW | Managed the lease equity position for three years concluding with sale to GE. |
2009 | Calgary Energy Center | Strategic Divestiture | Alberta Canada | 300 MW | Managed the asset and ownership interests for two years concluding with sale to ENMAX. |
2008 | Redbud Energy | Redevelopment and Strategic Divestiture | SPP | 1,230 MW | Redeveloped this plant to allow it to achieved full operating status and sold it to Oklahoma Gas and Electric. |
2007 | Kelson Energy Refinancing | Refinancing | SERC & SPP | $1.67 billion | Refinanced Kelson’s 4,132 MW project financed portfolio into a multi tranche corporate debt structure. |
2006 | Tiverton Power & Rumford Power | Restructuring | ISO-NE | 532 MW | Supported the lender group acquiring the assets via Calpine’s bankruptcy proceeding. |
2004-2006 | ADA-ES Mercury Control Systems | Start-up | USA | NA | Managed the start-up and roll out of a mercury control system for coal-fired power plants in advance of the EPA's Mercury and Air Toxics (MATs) regulations. |
2003 - 2006 | Attala Generating | Acquisition, Turnaround and Strategic Divestiture | Entergy | 515 MW/ | Assisted lender /ownership group through foreclosure from NEGT and managed the asset until its sale to Entergy Mississippi. |