Wharton Energy Conference 2013

Reshaping the Energy Industry: Putting the Pieces Together

Friday, November 8, 2013 // Union League of Philadelphia


& Renewables

Distributed Generation

“Grid-parity” is a term that is being used more and more frequently in connection with technologies including solar, micro-wind, energy storage, and fuel cells. Companies are increasingly targeting distributed generation and supporting technology towards this market in an effort to take advantage of higher retail energy rates. But the integration of these new technologies into the existing electricity grid is not without its challenges. This panel will explore industry trends related to the competition utilities are seeing from distributed generation, discuss panelists’ outlook on how distributed generation will change the shape of the grid, and debate the technical challenges associated with grid-integration.


Attila Toth - General Manager, Distributed Generation, SunEdison
Attila Toth
Attila Toth
General Manager, Distributed Generation

Mr. Toth, a long-standing member of SunEdison’s leadership team, oversees all aspects of SunEdison’s operations in distributed generation. His responsibilities include sales, finance, procurement, construction management and operations. The distributed generation business within SunEdison partners with commercial (e.g., Kohls, Staples etc.), industrial (P&G, Anheuser Bush etc.) and public (e.g, US Air Force, State of California etc.) entities to develop, build, finance and operate diverse portfolios of solar energy generation assets.

Prior to joining SunEdison, Mr. Toth was a senior strategy advisor at McKinsey & Co., a leading management consultancy. He advised Fortune 500 companies on sales and marketing in the energy and technology sectors. Mr. Toth brings a strong conventional energy perspective to SunEdison, resulting from his experience in the electric utility and oil and gas sectors.

In addition to work experience in North and South America, Mr. Toth has lived and worked in multiple European countries. He holds an MBA from the Kellogg School of Management at Northwestern University in Evanston, IL.

Stephen Scott - Senior Project Development Manager, SunPower
Stephen Scott
Stephen Scott
Senior Project Development Manager

Stephen (Steve) Scott serves as a senior project development manager for SunPower Corp., Systems, where he is responsible for developing industry leading solar PV project solutions for the company’s F500 clients. Prior to joining SunPower, he held positions in the solar development space including Sales Director, Northeast for Phoenix Solar, Inc. and Director of Business Development for MMA Renewable Ventures. He transitioned to solar PV business and project development after 17 years in the conventional power generation industry. Prior positions include domestic subsidiary and foreign joint venture general management roles at The Babcock & Wilcox Company (B&W) where he was responsible for business units in the thermal power and air pollution control sectors. While at B&W, Mr. Scott also served as a board director for a wholly foreign owned enterprise (WFOE) in China after playing a role in the acquisition of the Chinese government’s 50 percent ownership stake. Earlier in his career, he performed engineering functions related to thermal power plant commissioning and Clean Air Act compliance projects. Mr. Scott holds an MBA from the Wharton School and a B.S. in Electrical Engineering Technology from Rochester Institute of Technology.

Asim Hussain - Senior Director Marketing and Customer Experience, Bloom Energy
Asim Hussain
Asim Hussain
Senior Director Marketing and Customer Experience
Bloom Energy

Asim has worked extensively in the areas of market and business development, marketing, sales enablement, and product management in early stage, high growth clean technology companies. He is the Senior Director of Marketing and Customer Experience at Bloom Energy, a provider of breakthrough solid oxide fuel cell technology that generates clean, reliable, and highly-efficient power onsite. Asim’s responsibilities at Bloom Energy include new market development, sales enablement, customer engagement and experience, product and corporate marketing, and new solutions development.

Prior to Bloom Energy, Asim worked for CURRENT Group, a Smart Grid solutions provider, as the Chief of Staff for the CEO focused on building the executive team and strategic planning as well as marketing and business development activities. At CURRENT Group, Asim developed an industry leading value model to quantify the monetary benefits of various Smart Grid applications. He previously also advised electric utility and telecommunication clients on strategy and systems integration initiatives while working for Deloitte Consulting.

Asim earned a BS in Commerce with Distinction from the McIntire School of Commerce at the University of Virginia and a Master of Business Administration from the Harvard Business School (Section G!).

Dean Frankel - Research Associate, Lux Research
Dean Frankel
Dean Frankel
Research Associate
Lux Research

Dean Frankel is a Research Associate for Lux Research’s Grid Storage intelligence service. He covers technological and market developments in batteries, flywheels, fuel cells, super/ultracapacitors, and other related energy storage technologies. He has done extensive analysis exploring microgrid development models.Prior to joining Lux Research, Dean worked in Product Management at EnerNOC. Dean holds a Bachelor of Applied Science in Energy & Environmental Systems from the University of Pennsylvania with minors in Math and Physics.

Alan Scott - Program Manager, On-site Green Energy, Verizon
Alan Scott
Alan Scott
Program Manager, On-site Green Energy

Alan Scott leads energy efficiency, renewable energy and supply chain projects for Verizon’s Corporate Sustainability Group. From idea to project implementation, Alan has led Verizon’s $100 million investment in on-site green energy, which brings solar power and fuel cells to 17 major Verizon facilities across six states. Alan’s leadership role includes the business case development, vendor selection and negotiations, site selection, design and construction, and overall program management of Verizon’s on-site green energy project.

In addition to energy responsibilities, Alan has managed Verizon’s $40 billion supply chain to embed more sustainable practices across Verizon’s matrix business.

Prior to joining Verizon, Alan served as sustainability strategy consultant at Esty Environmental Partners (now PWC). Alan’s expertise has helped Fortune 500 firms including Boeing, Alcoa, and Caesars Entertainment distinguish themselves through the development of environmental sustainability programs that align with core business strategies. While at Esty, Alan worked with the Sustainability Innovators Working Group, which is comprised of industry leading chief sustainability officers and global thought leaders to develop programs that enable innovation and build remarkable brands.

Alan holds a B.S. in Finance and International Business from the Pennsylvania State University, a M.S. with a focus in Entrepreneurial Finance and Strategic Cost Management from Babson College, and an M.B.A. from the Darden School at the University of Virginia.

Smart Grid

Utilities across the country have begun investing heavily in the idea of the smart-grid,but what are the specifics behind the transformation to a smart-grid? This panel will cover a number of different topics including the ties between demand-response and the smart-grid, the impact smart-grid will have on grid reliability and performance andwhat the consumers are implementing to achieve energy efficiency. The panel will focus on what the government, utilities and the end-users have been doing in the space, and what new trends we should expect to see in the future.


Umber Bawa - Project Finance and Development, Spirae
Umber Bawa
Umber Bawa
Project Finance and Development

Umber Bawa leads Project Finance & Development at Spirae, located in Fort Collins, Colorado. Spirae is an innovative technology company that delivers scalable smart grid solutions to global partners and customers. Spirae specializes in the integration of high levels of renewable and distributed energy resources, the development of local and wide area controls, microgrids, and energy service platforms for smart cities.

At Spirae, Umber is currently involved in the development of Smart City Kalundborg in Denmark, a pioneering initiative that aims to create a new market framework for ancillary services at the distribution level by integrating customer-focused energy services and separately, FortZED, a net Zero Energy District in the downtown area of Fort Collins, Colorado. Prior to joining Spirae, Umber worked as a Researcher with the Scholl Chair of International Business at the Center for Strategic and International Studies, a think tank in Washington, DC.

Umber is a graduate of The Wharton School at the University of Pennsylvania, where he performed research work in agent-based modeling and behavioral economics.

Bradley Dakake - Director of Business Development, Viridity Energy
Bradley Dakake
Bradley Dakake
Director of Business Development
Viridity Energy

Bradley Dakake is the Director of Business Development at Viridity Energy, a demand optimization software company. At Viridity, Mr. Dakake focuses on channel relationships, the industrial sector, frequency regulation markets, and the expansion of battery storage and wholesale market participation among mass transit agencies. Viridity has recently developed several next-generation services that go beyond traditional demand response, including Annual Peak Management to reduce customers’ PLC (peak load contribution), Utility Demand Management to mitigate high monthly peak charges, and its interactive "VPower" user-interface that lets customers see their loads in real-time from any internet-capable device. Prior to Viridity, Mr. Dakake worked at Exelon, expanding its retail electricity business for its Key Accounts team, closing deals totaling over $700m. Before entering the energy field, Mr. Dakake worked in the government and non-profit sectors, including directing online advocacy for the American Cancer Society and serving abroad as a Peace Corps Volunteer in Uzbekistan and Moldova.

In 2009, Mr. Dakake received his MBA from the Wharton School of Business, where he double-majored in finance and operations, and in 2001 he received his BA in Bioethics from the University of Virginia. Mr. Dakake lives in Philadelphia with his wife and son.

Dan Dobbs - Chief Financial Officer, Solar Grid Storage
Dan Dobbs
Dan Dobbs
Chief Financial Officer
Solar Grid Storage

Mr. Dobbs is the Chief Financial Officer of Solar Grid Storage. Prior to co-founding Solar Grid Storage, he was Director of Product Management at SunEdison where he led efforts to reduce the Levelized Cost of Energy (LCOE). Mr. Dobbs managed the product roadmap designed to make unsubsidized solar energy competitive with traditional energy sources. He initiated and led efforts to standardize design and construction practices across SunEdison. Previously, Mr. Dobbs established and ran the Power Purchase Agreement (PPA) pricing process that generated more than 1GW of project pipeline and backlog for SunEdison. Mr. Dobbs has an MBA from the Wharton School at the University of Pennsylvania. He holds Master’s degrees in Mechanical Engineering and Technology & Policy and a Bachelor’s degree in Mechanical Engineering from MIT.

Ryan Hledik - Senior Associate, Brattle Group
Ryan Hledik
Ryan Hledik
Senior Associate
Brattle Group

Ryan Hledik is a senior associate of The Brattle Group with expertise in assessing the economics of smart grid investments and policies. He has consulted to utilities, policymakers, technology firms, government labs, research organizations, and wholesale market operators. His contributions have included the development of widely cited models for the economic valuation of smart grid programs, serving as a member of a U.S. Department of Energy advisory group to review the activities of Smart Grid Investment Grant recipients, and providing strategic advice to firms implementing new smart grid initiatives.

Additionally, Mr. Hledik has been the lead developer of several energy market simulation tools for the purposes of wholesale price forecasting, asset valuation, and environmental impact analysis. A frequent presenter on the economics of the smart grid, he has recently spoken at events throughout the United States, as well as in Brazil, Canada, Korea, Saudi Arabia, and Vietnam.

Mr. Hledik received his M.S. in Management Science and Engineering from Stanford University, where his concentration was in Energy Economics and Policy. He received his B.S. in Applied Science from the University of Pennsylvania, with minors in Economics and Mathematics. Prior to joining The Brattle Group, Mr. Hledik was a research assistant with Stanford University’s Energy Modeling Forum and a research analyst at Charles River Associates.

Emily Schapira - Vice President, Marketing & Business Development, Aelux and Lumigent
Emily Schapira
Emily Schapira
Vice President, Marketing & Business Development
Aelux and Lumigent

Emily Schapira manages marketing, sustainability and business development for Aelux, an energy efficiency company focused on lighting and controls retrofits for commercial, industrial and institutional clients and Lumigent, LLC, a new spinoff software + services company designed to provide back office support services to the energy efficient lighting industry. Lumigent launched officially at LIGHTFAIR 2013 in April of this year.

Emily also serves as Vice Chair of the Philadelphia Energy Authority, a board created by the City of Philadelphia to address issues of affordability and sustainability in municipal energy.

Prior to joining Aelux and Lumigent, Emily worked on sustainability for Verizon and managed operational sustainability efforts for Wharton. Emily’s role at Verizon was as green building liaison to the Real Estate Group and manager of the corporation’s carbon reporting and management. As Wharton’s Associate Director for Sustainability and Leadership from 2009 to 2012, based in Wharton’s Operations group, Emily’s efforts focused on operational eco-efficiency and behavior change, and supported LEED certifications and attempts across the Wharton portfolio, earning the first LEED for Commercial Interiors certification at Penn and Penn’s first LEED-EBOM pilot.

Previously, Emily held an internship with Intel Capital and Intel’s Eco-Technology group, co-chaired the 2008 Net Impact North American conference and spent five years running a consumer heating oil co-op and advocating for low-income energy assistance.

Emily earned her MBA from Wharton in Environmental and Risk Management, and has a BA from the University of Pennsylvania in Urban Studies and International Relations. Emily is a LEED Accredited Professional with a specialization in Operations and Maintenance.

Post-Shale Boom Power Markets

Over the last twenty-five years, the US has seen deregulation, re-regulation, and the continuance of traditional utility models in different regions of the country. The debate continues over the benefits and effectiveness of deregulation, and with the natural gas boom, these markets are now being completely reshaped. This panel will discuss the challenges and opportunities in deregulated energy markets, potential market structures and governance going forward, and the effect that cheap natural gas is having on existing participants including generators, retailers, and end-users.


Steven Haugenes - Director, Gas and Power Origination, Hess
Steven Haugenes
Steven Haugenes
Director, Gas and Power Origination

Steve Haugenes is Director, Gas and Power Origination for Hess Energy Marketing. He is currently responsible for growing Hess’ Wholesale Business focusing primarily on Utilities, Power Generators and other large end users.

Steve joined the Company in 1995 after serving for five years in the Army Corps of Engineers. He has held various positions of increasing responsibility across multiple business units including Retail Marketing, Corporate Finance, Risk Management and Supply & Trading.

He received a Bachelor of Science degree in Management from the United States Military Academy, West Point in 1989 and an MBA from the Stern School of Business, NYU in 1995. Steve has been a Chartered Financial Analyst (CFA) Chartholder since 2004.

Chris Moser - Senior Vice President, Commercial Operations, NRG Energy
Chris Moser
Chris Moser
Senior Vice President, Commercial Operations
NRG Energy

Chris Moser is the Senior Vice President of Commercial Operations for NRG Energy, Inc. In this role, he oversees the Trading, Real Time and the Structuring and Fundamentals Groups. Prior to this role he served as Vice President, Trading, responsible for providing overall direction and management of trading and marketing activities for our power, gas and oil groups. Before joining NRG in April of 2008, Chris held positions of increasing responsibility in various regions at Dynegy Inc. Most recently, he served as Managing Director, Midwest, where his responsibilities included the commercial optimization of Dynegy’s MISO and PJM portfolios. Before Dynegy, Chris held a range of positions in Washington, D.C. for organizations including the Sawyer/Miller Group, the World Bank and the Safe Energy Communications Council. Chris has a master’s degree from the University of Pittsburgh’s Graduate School of Public and International Affairs and a bachelor’s degree from Hamilton College.

Matthew Parsons - Partner, McKinsey & Company
Matthew Parsons
Matthew Parsons
McKinsey & Company

Matthew Parsons is a Partner in McKinsey & Company’s Philadelphia Office, where he has extensive experience in the Global Energy and Materials Sector, Corporate Risk Management, and Capital Productivity. His recent experience includes:

  • Developing a contracting strategy for a Russian JV seeking to develop a technologically-complex, major offshore natural gas deposit,
  • The strategy articulation, startup, and funding of an energy investment firm specializing in emerging technology portfolio management
  • An opportunity scan related to utility sector investment in carbon capture and sequestration technologies for fossil generation plants, including technological, commodity, and infrastructure risk assessment

Prior to joining McKinsey, Matt served as a submarine officer in the U.S. Navy for 10 years, where he held various responsibilities related to the construction, operation, and maintenance of naval nuclear power plants. His experience includes three years forward-deployed in Guam as the Engineer Officer of the USS San Francisco, where he was responsible for the safe operation of the ship’s 165 MW pressurized water reactor plant as well as the training and qualification of its 67 nuclear operators.

Matt earned a B.S. in Control Systems Engineering from the U.S. Naval Academy in 1996 and an M.B.A. in Finance from the University of Pennsylvania’s Wharton School in 2002, where he was designated a Palmer Scholar.

Chris Tynan - Director, Project Finance, Summit Power
Chris Tynan
Chris Tynan
Director, Project Finance
Summit Power

Chris Tynan oversees financial activities for the Summit Power’s various projects including power plant development, E&P activities and the development of a fertilizer production facility. In this role, he manages aspects of the fundraising process for both equity and debt including structuring, due diligence, economic analysis and relationship management.

Prior to joining Summit, he led or participated in a number of project finance, corporate finance and commodity transactions for companies including AES Corporation, Hudson Clean Energy Partners and Energy Investors Fund. Mr. Tynan began his career at the Illinois Coalition for Science and Technology where he evaluated early stage energy technology investments and led a statewide initiative to advance energy technology in the state. Mr. Tynan holds an MBA from the Wharton School where he received a Wharton Merit Fellowship and a BSc with Honours from the London School of Economics (LSE). While at LSE, he served as the President of the LSE American Society.

Dan Voss - Managing Director & Co-Founder, Rivermoor Systems
Dan Voss
Dan Voss
Managing Director & Co-Founder
Rivermoor Systems

Dan Voss is a Managing Director and co founder of Rivermoor Systems, a business focused on helping communities take charge of their energy needs. Prior to Rivermoor Dan most recently led the planning and strategy group for an international electric generating company. His experience includes general management, finance, commercial development and operations management positions within the electricity and gas industries in the USA and abroad. Dan holds a Wharton MBA and a BEng from the University of Queensland.

Integrating Utility-Scale Renewables

In 2012, the United States added more utility-scale wind than any other form of generation. Utility-scale solar has continued to expand significantly, spurred on by the federal investment tax credit. This panel will discuss trends in the development process for utility-scale renewable generation sources with a focus on wind and solar technologies. Topics will include price-competitiveness, the transition to a post-subsidy world, the challenges utilities face in integrating these technologies into the grid, and how these technical challenges will affect the performance of these projects.


Craig Glazer - Vice President-Federal Government Policy, PJM Interconnection
Craig Glazer
Craig Glazer
Vice President-Federal Government Policy
PJM Interconnection

Craig Glazer serves as the Vice President-Federal Government Policy for PJM Interconnection, L.L.C. In this capacity, Mr. Glazer coordinates all of PJM’s regulatory and legislative policies before Congress, the Federal Energy Regulatory Commissions, the United States Department of Energy and other federal agencies. PJM operates the largest competitive wholesale electricity market in the world and serves over 9% of the United States population. Mr. Glazer is a graduate of the University of Pennsylvania and the Vanderbilt University School of Law.

Michael Goggin - Senior Electric Industry Analyst, AWEA
Michael Goggin
Michael Goggin
Senior Electric Industry Analyst

Michael Goggin joined AWEA in February 2008. He works to promote transmission investment and advance changes in transmission rules and operations to better accommodate wind energy on the power system while maintaining system reliability. Prior to joining AWEA, he worked for two environmental advocacy groups and a consulting firm supporting the U.S. Department of Energy’s renewable energy programs. Michael holds an undergraduate degree with honors from Harvard University.

Timothy S. Howell - Managing Director, Power and Renewable Energy, GE Energy Financial Services
Timothy S. Howell
Timothy S. Howell
Managing Director, Power and Renewable Energy
GE Energy Financial Services

Tim Howell heads the origination team for power and renewable energy at GE Energy Financial Services. Renewable Energy has been a strategic growth initiative at the GE unit since 2006. GE Energy Financial Services has invested and made project commitments to invest more than $9 billion globally for projects generating power from the wind, sun, biomass, water, and geothermal and other renewable energy sources. Among these commitments, the GE unit has committed approximately $7 billion for nearly 12 gigawatts of wind and $1.5 billion for solar. Mr. Howell also leads origination for equity investments in fossil electricity generation and transmission. GE Energy Financial Services holds equity investments in power projects with an installed capacity of nearly 30 gigawatts.

Prior to this assignment, Mr. Howell was responsible for several start-up growth initiatives at GE Energy Financial Services, including renewable energy and clean tech equity.

Mr. Howell joined GE Structured Finance Group (SFG), the predecessor of GE Energy Financial Services, in 1994, and has held positions in Project Development, Product Development, and Origination, including both US and globally focused assignments. In 2000, he became a Managing Director. Prior to joining SFG, Mr. Howell spent ten years at GE Energy.

Mr. Howell holds Bachelor of Science degrees in Industrial Economics and Mechanical Engineering from Union College in Schenectady, NY, and he received an MBA from the University of Pennsylvania’s Wharton School. He is a graduate of GE’s Technical Marketing Program.

Michael Kline - Principal, Berkeley Research Group
Michael Kline
Michael Kline
Berkeley Research Group

Michael Kline is a Principal with the Berkeley Research Group with 10 years of experience in electricity and finance. His areas of expertise include electricity markets and regulation as well as financial accounting, corporate finance, and valuation. He has executed projects examining the impact of new regulatory proposals on consumers and generators of electricity, analyzing the cost of new entry in various electricity markets, forecasting the impact of trading strategies on hourly prices in energy markets, estimating the economic cost of congestion transmission backbone, assessing the costs and benefits to membership in an RTO and analyzing the economic substance of structured financial transactions.

Mr. Kline has worked extensively on the modeling of electricity systems. He has forecast prices throughout the Eastern Interconnect, ERCOT, and WECC to evaluate the benefits to ratepayers associated with new transmission and generation projects. His clients have included private equity firms, investment banks, merchant developers, and utilities. Recent engagements have included an appraisal of a coal-fired power plant for a private equity client, demonstrating compliance with PJM’s Minimum Offer Price Rule for a merchant developer in Delaware, and an analysis of the impact of proposed rule changes in ERCOT’s energy market for a consortium of generating companies.

Mr. Kline holds a B.S. in International Economics from Georgetown University and an M.B.A. in Finance and Accounting from the Wharton School at the University of Pennsylvania.

Andy Wickless - Associate Director, Navigant
Andy Wickless
Andy Wickless
Associate Director

Andy Wickless is an Associate Director in the Renewable Energy group of Navigant’s Energy Practice. He is a management consulting professional with 15 years of global experience, most recently in the energy industry. His clients include federal and state government agencies, electric utilities, technology manufacturers, project developers, and potential investors. For his utility clients, Mr. Wickless has created renewable energy roadmaps, solar-specific strategies, and wind O&M sourcing strategies. His work typically focuses on the intersection of technology, economics, and regulation as they relate to renewable energy. Mr. Wickless has written articles for many industry publications and spoken on renewable energy at conferences throughout the world. Prior to joining Navigant, he was a Manager in Accenture’s Utilities Strategy practice. Mr. Wickless holds an MBA in Strategic Management from the Wharton School of the University of Pennsylvania.

Natural Resources

Oil and Gas Exploration & Production

Over the last century, the ground rules for oil and gas exploration and production have been continuously changing. From the early days of simple concessions being granted to international oil companies to today’s prevalence of national oil companies, the only constant has been a greater and greater shift towards state ownership of natural resources. This panel will discuss the relationship between the major international oil companies and state-owned oil companies. It will also cover the topic of the highest potential international opportunities for E&P throughout the world and how political risk is managed. Finally, the panel will touch on the US market structure and potential future barriers.


Alfred Y. Harper - Upstream Treasurer, Finance Shared Services, ExxonMobil
Alfred Y. Harper
Alfred Y. Harper
Upstream Treasurer

Al joined the company in June 1990. After various finance-related assignments in Dallas, Houston, Singapore and Coral Gables, he was named Assistant Treasurer of the ExxonMobil Chemical Company in 2000. In 2001, Al became the Business Services Manager and Controller of ExxonMobil de Venezuela in Caracas, and in 2005, he was named Business Services Manager and Treasurer of ExxonMobil Qatar in Doha. His responsibilities focused on preparing the organization for the start-up of a suite of world-scale gas projects, and on managing coordination with government, partner and joint venture companies on finance-related issues. In July 2008, Al became Controller of ExxonMobil Development Company, where he was responsible for managing a worldwide staff of 200 supporting major upstream projects. Al is the current Upstream Treasurer for ExxonMobil, and responsible for delivering corporate finance support to ExxonMobil’s worldwide upstream business. Al holds a Bachelor’s Degree in Economics from Vanderbilt University and an MBA from the Wharton School of the University of Pennsylvania. He is married and has two children.

Jeanette L. Ourada - General Manager, Finance Shared Services, Chevron
Jeanette L. Ourada
Jeanette L. Ourada
General Manager, Finance Shared Services

Jeanette L. Ourada is the general manager of Chevron’s financial shared services organization supporting Chevron’s global operations with shared service centers in Argentina, the Philippines, and the U.S. She assumed this position in July 2013.

Prior to her current role, Jeanette was assistant treasurer, opco support and intercompany financing. From 2009 to 2012, Jeanette was the general manager of investor relations responsible for Chevron’s outreach to institutional investors and security analysts.

From 2007 to 2009, Jeanette was the general manager of finance of Chevron’s Asia South business unit based in Bangkok. Her responsibilities covered finance related activities in Chevron’s upstream operations in Thailand, China, Bangladesh, Myanmar, Vietnam, and Cambodia. From 2005 to 2007, she was responsible for Chevron International Exploration and Production’s forecasting and reporting group. Jeanette joined Chevron as part of the Unocal acquisition in 2005.

In 1992, Jeanette began her career in the energy business when she joined Atlantic Richfield (ARCO) in Los Angeles, California. Between 1992 and 2000 she held a number of financial positions in ARCO Products Company, corporate treasury, and international internal audit. Jeanette joined Unocal in El Segundo, California, in 2004 and served in strategic planning and as assistant comptroller.

Outside of the energy business, Jeanette also worked for Hercules in Wilmington, Delaware, leading the implementation of their Sarbanes-Oxley project; for Universal Studios in Universal City, California, as vice president of finance for the Universal Studios Television Distribution division; and for Weyerhaeuser in Tacoma, Washington, in a variety of information systems positions.

A native of Boise, Idaho, Jeanette earned a bachelor’s degree in computer science from Oregon State University in 1987 and a master’s degree in business administration from the Wharton School of the University of Pennsylvania in 1992.

Jeanette is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Jerry Schretter - Managing Director and Co-Head of Upstream, Citigroup
Jerry Schretter
Jerry Schretter
Managing Director and Co-Head of Upstream

Jerry Schretter joined Citi in 2010 as a Managing Director and Co-Head of Upstream for the Global Energy Group of Citigroup headquartered in Houston, Texas.

Prior to joining Citi, Mr. Schretter was a Managing Director and UBS’ Head of Upstream from 2005–2010. Mr. Schretter joined UBS in 2005 from Deutsche Bank, where he helped originate their US energy business. Prior to Deutsche Bank, Mr. Schretter worked in the energy groups at Morgan Stanley, Salomon Brothers and Chase Manhattan Bank.

In 1998, Mr. Schretter worked on the IPO of Conoco, which was the largest US IPO ever at the time. In 2006, he advised Anadarko on the $22 billion acquisition of Kerr McGee and Western Gas, which was the eighth largest energy deal at the time. Mr. Schretter led the arrangement of a $24 billion bridge for the Anadarko transaction, one of the largest ever, and also led Anadarko's $5.5 billion bond transaction, which was the largest oil and gas bond at the time. In 2009, he led the $1.4 billion equity block trade for Anadarko, the largest equity block ever done in energy.

Mr. Schretter has worked on numerous M&A and financing transactions for Anglo-Suisse, Apache, Anadarko, BP plc, Buckeye Pipeline, Chesapeake, Citgo, Clean Energy, Cobalt, Conoco, Colonial Pipeline, Comstock, CNX Gas, EEX, Energy XXI, Encore Acquisition, Enduro, Energy Partners, Global Industries, Global Marine, Helix, Louis Dreyfus, Marathon, Magnum Hunter, Marine Drilling, Milagro Energy, NFR Energy, Noble Energy, Occidental, PDVSA, Pioneer Natural Resources, Reading and Bates, Resolute Natural Resources, Sheridan Production Partners, Stone Energy, Swift Energy, Talos Energy, Union Texas Petroleum, Venoco, Vintage Petroleum and YPF.

Mr. Schretter received his Bachelors Degree in Political Science from Villanova University in 1986 and his MBA from the Stern School of Business in 1993. Mr. Schretter lives in Ridgewood, NJ with his wife, Susan, and their four children.

Unconventional Oil & Gas - Opportunities & Challenges

The unconventional oil and gas revolution has unlocked tremendous amounts of hydrocarbons in North America. The combination of the widespread usage of hydraulic fracturing and horizontal drilling, supported by high gas prices, sparked the revolution. This increase in supply has createdboth challenges and opportunities for the energy industry, investors, and consumers.

The panelists will discuss how they have addressed challenges and capitalized on opportunities presented by the unconventional oil and gas revolution. This will include development of both shale gas and tight oil. Panelists will address outlooks on where geographically the revolution is heading next and how regulation has impacted the industry.


Justin J. Bliffen - CFO and Principal Financial Officer, Triangle Petroleum
Justin J. Bliffen
Justin J. Bliffen
CFO and Principal Financial Officer
Triangle Petroleum

Justin Bliffen was appointed Chief Financial Officer and Principal Financial Officer of Triangle Petroleum in February 2013. From April 2012 to February 2013, Mr. Bliffen served as Executive Vice President of Finance and from March 2011 to April 2012 served as Vice President of Finance. Prior to joining Triangle, Mr. Bliffen worked for three years as a Vice President energy derivatives trader at Goldman Sachs. At Goldman Sachs, he traded customer flows and managed risk positions on one of the largest crude volatility books in the world. Prior to Goldman, he served as a Naval Officer and Navy SEAL for eight years. Mr. Bliffen received his BS in Systems Engineering from the United States Naval Academy and his MBA, Major in Finance, from the Wharton School, University of Pennsylvania.

William desRosiers - External Affairs, Cabot Oil & Gas
William desRosiers
William desRosiers
External Affairs
Cabot Oil & Gas

William desRosiers currently serves as external affairs coordinator for Cabot Oil & Gas Corporation in northeast Pennsylvania, building community knowledge and support. William also manages Cabot’s unique education and workforce development strategy in the region.

Prior to his current position, William was the original field director for Energy in Depth’s Northeast Marcellus campaign. In this capacity for two years, William worked to engage, educate and mobilize supporters of Marcellus Shale development across New York and Pennsylvania.

William desRosiers received his B.S. in Management, B.A. in History and MBA from Misericordia University.

Johan Pfeiffer - Vice President, Surface Technologies, FMC Technologies
Johan Pfeiffer
Johan Pfeiffer
Vice President, Surface Technologies
FMC Technologies

Johan Pfeiffer is Vice President of Surface Technologies for FMC Technologies Inc.

Prior to assuming this role in January of 2012, Mr. Pfeiffer was Vice President of Global Surface Wellhead since June 2010. Before his role as Vice President, Mr. Pfeiffer was General Manager for Subsea activities in Europe, Africa, and the Common Wealth of Independent States (CIS), as well as Managing Director of FMC Kongsberg Subsea AS since 2007.

Mr. Pfeiffer also draws upon leadership expertise gained from global management positions held with the company including General Manager for FMC Technologies Surface business in the Americas, Director of Subsea Customer support based in Bergen, Norway, and General Manager Surface Latin America based in Caracas, Venezuela. He joined the company in 1993 as a Business Analyst in Philadelphia.

Mr. Pfeiffer is a graduate of the Swiss Institute of Technology where he received a degree in Material Sciences. In 1993, Johan earned a Master’s Degree in International Studies from the University of Pennsylvania’s Lauder Institute and an MBA from the University of Pennsylvania’s Wharton School.

Barry Posner - Senior Analyst, North American Gas Research, Wood Mackenzie
Barry Posner
Barry Posner
Senior Analyst, North American Gas Research
Wood Mackenzie

Barry Posner joined Wood Mackenzie’s North American Gas Research service in September 2012, focusing on the interactions between gas and power markets in the US. He is based in our New York office.

Barry has almost 30 years experience in the energy and minerals industries, with responsibilities ranging from oilfield labourer to economics professor.

Prior to joining Wood Mackenzie, Barry provided fundamentals–based research, analysis and forecasting of power, fuels and emissions markets as well as macroeconomic and strategy analysis for Exelon Generation and NRG Energy. In a prior career as an engineer he worked in petrochemical and refining operations in Alberta, and in pipeline research, design and operations in the Athabasca oil sands and the global metals mining industry.

Barry has a B.Sc. in Chemical Engineering and M.Sc. in Mining Engineering from the University of Alberta, and a doctorate in Energy and Mineral economics from Penn State.

Anish Jain - Vice President of Business Development, FTS International (Moderator)
Anish Jain
Anish Jain
Vice President of Business Development
FTS International

Anish Jain is Vice President of Business Development at FTS International ($2bn+ in annual revenues, 4,000-person Hydraulic Stimulation ("fracking") company in Fort Worth, TX).At FTS, Anish runs Business Development (Strategic Partnerships), Corporate Development (M&A), and international expansion initiatives (Brazil, China, Saudi Arabia, Oman, and Indonesia).

He joined FTS in May of 2011 from Temasek Holdings in Singapore, after Temasek led a leveraged buyout of FTS. Prior to Temasek, Anish worked at UBS Investment Bank in New York, New York.

Anish holds a BS in Mechanical Engineering and Quantitative Economics, and an MS in Engineering, both from Tufts University. He is currently enrolled in the Wharton Executive MBA program. He has lived in the Netherlands, the UK, Malaysia, Singapore, and the US.

Mining and Metals

This panel will focus on the contrast between mining operations in the developed world and those in the developing world. Topics covered will include logistics and planning, resource rights, mitigating political risk, and key differences between mining operations for different types of resources. There will also be a discussion of how slowing growth globally will impact commodity markets and the future plans for development in certain areas.


Joe Aldina - Analyst, Wood Mackenzie
Joe Aldina
Joe Aldina
Wood Mackenzie

Joe Aldina is an Analyst for the Americas and Europe Coal Cost Research group at Wood Mackenzie Ltd., an international energy and metals research and advisory firm. Mr. Aldina authors reports on the global coal industry and is responsible for detailed valuation analyses of coal mining assets and companies operating in the US, Canada, Colombia and Venezuela. He is based in Wood Mackenzie’s New York City office.

Previously, Mr. Aldina was Senior Consultant at Pace Global Energy Services an energy-focused management consulting firm that’s a part of Siemens AG. At Pace, he provided strategic and financial advisory to clients in the international coal and natural gas industries.

Prior to this, Mr. Aldina worked for the coal trading and marketing group at DTE Energy, a diversified energy holding company that includes electric and gas utilities and several non-utility businesses. At DTE, Mr. Aldina developed physical and financial coal trading strategies and participated in structuring a coal marketing joint venture.

Mr. Aldina holds a BA in Economics from Tufts University and completed graduate coursework in international economics at The Johns Hopkins University’s School of Advanced International Studies.

Gianandrea Giochetta - Co-Founder & Managing Director, Millennium Capital
Gianandrea Giochetta
Gianandrea Giochetta
Co-Founder & Managing Director
Millennium Capital

Gianandrea is co-founder and Managing Director of Millennium Capital, one of the first private equity and investment advisory firms solely dedicated to Mongolia. In addition, Gianandrea is founder and Secretary of the Swiss-Mongolian Chamber of Commerce, a chapter of the influential Swiss-Asian Chamber. Prior to co-founding Millennium Capital, Gianandrea worked in investing banking for JPMorganCazenove in London, before which he was a strategy consultant with McKinsey & Co. and Booz Allen & Hamilton.

Lorenzo Landini - Director, Structured Debt Metals and Mining Americas, BNP Paribas
Lorenzo Landini
Lorenzo Landini
Director, Structured Debt Metals and Mining Americas
BNP Paribas

Lorenzo is a Director for the Structured Debt Metals & Mining team in New York at BNP Paribas Corporate Investment Banking, a leader in global banking and financial services employing 194,400 people across five continents.

Lorenzo is responsible for originating, structuring and executing debt transactions across the Americas encompassing project and acquisition financing, high yield bonds, term loan B for institutional investors, metal prepayments and other structured financing for junior and mid tiers mining companies.

Previously, Lorenzo was a Vice President at Fortis Capital where he structured debt transactions in the energy and natural resources industry across Europe and in the US with a particular focus on renewable energy project financing and commodity hedges.

Lorenzo graduated with honors in Economics from LIUC University in Italy and completed a management training course at INSEAD.

Frederic Lotti - Director, Proprietary Investments, Gerald Metals
Frederic Lotti
Frederic Lotti
Director, Proprietary Investments
Gerald Metals

Frederic grew up in New Caledonia, a French Island in the South Pacific and started his career in the Metals & Mining industry. He worked in R&D in Canada for the miner Falconbridge Ltd – now GlencoreXstrata – on the development of the first nickel laterites plasma smelting technology and subsequently transferred to their Copper division before going to Wharton. Since graduation, Frederic has been working for the physical commodity trader Gerald Metals LLC at their head office in Stamford, CT. He is now Director of Proprietary Investments, and Head of the Investment and Structured Finance Evaluation Group. He is also the Chief Operating Officer and member of the board of the firm’s largest mining asset. Frederic has a Joint Master of Science (School of Mines, France) and an MBA from Wharton, class of 2006.

David Vine - Entrepreneur
David Vine
David Vine

David Vine is an entrepreneur in the Tungsten and Molybdenum mining and metals industry with over 20 years experience. Currently Dave is consulting for Masan Resources on the start-up and early operation of the NuiPhao Tungsten Project in Vietnam, the largest operational tungsten mining project outside of China. Dave also provides Tungsten and Molybdenum supply chain solutions and niche manufacturing to key clients as a founder of molyTronix LLC.

Prior to these entrepreneurial activities, Dave was VP of Sales and Marketing for Global Tungsten and Powders (GTP), centered in Towanda, PA. Over 18 years and three ownerships (GTE Sylvania, Siemens/Osram Sylvania, and Plansee), Dave’s focus was Tungsten and Molybdenum in field sales, product marketing, and as Vice President. As Vice President, Dave managed marketing and sales for a global outside sales force, inside sales and marketing in the US, Germany, and the Czech Republic, and developed global supplier mining projects to secure supply chains for GTP customers.

Dave is a former member of the Munitions Industrial Base Task Force in Washington, DC, and a past speaker for the International Tungsten Industry Association (Corning, Salzburg, Changsha, Madrid). Dave is a graduate of Villanova University, Mechanical Engineering, 1987, and the Consortium for Executive Development, Babson College, 2002.

Master Limited Partnerships

The MLP structure is one that has taken off significantly over the past 10-20 years. In fact, there are now entire mutual funds comprised solely of MLPs. This panel will provide an overview of the MLP structure including a summary of the roles of both the general and limited partners, and discuss the management of MLPs. Panelists will offer insights into the benefits of the MLP structure and also debate what makes some MLPs more successful than others.

& Finance

Corporate Sustainability

Many corporations have already come to the conclusion that simply delivering profits to shareholders is not enough. The use of the term ”triple bottom line“ is now fairly common place as many companies expand their operational goals to include environmental sustainability and safe and just working environments for employees. This panel will discuss the new technologies and practices businesses are implementing with the goal of achieving greater energy efficiency and operational sustainability. It will also cover how companies measure the value of their sustainability initiatives and communicate them to customers.


John Fojut - Vice President Corporate Sustainability, Kohl’s
John Fojut
John Fojut
Vice President Corporate Sustainability

John Fojut joined Kohl’s Department Stores in 1981. John has held leadership positions in Store Management, Logistics, Transportation, Facilities and Sustainability. Currently, John is responsible for leading corporate sustainability strategy for Kohl’s. In his tenure in sustainability, his achievements include-over 140 activated solar power arrays, over 380 USGBC LEED certified stores and buildings, over 800 ENERGY STAR labeled stores, 100% green power usage as well as Kohl’s goal to achieve net zero emissions. Through John’s leadership, Kohl’s has received numerous environmental awards including- ENERGY STAR Partner of the Year and EPA Green Power Partner of the Year.

Jeff Fulgham - CSO, Banyan Water
Jeff Fulgham
Jeff Fulgham
Banyan Water

Jeff is the CSO (Chief Sales, Service, Strategy and Sustainability Officer) at Banyan Water, a private equity-backed firm transforming the water management landscape. Banyan is a full service water management services company addressing water scarcity and infrastructure damage for customers at the end points of the water grid. Banyan deploys water conservation technologies and services to reduce consumption, and alternate water supply and reuse technologies to offset municipal water supplies, with reimbursement coming from a portion of the water and sewer savings generated.

Prior to this role, Jeff was the Chief Sustainability Officer and ecomagination Leader for GE Power & Water. Jeff has spent the last 30 years working to help solve the world’s energy and water crises’ and create a more sustainable future. Through his extensive background in addressing water challenges, he helps global customers build and execute thoughtful plans to reduce consumption, upcycle low quality water sources, aggressively improve overall water stewardship and re-think waste streams as valuable assets. Jeff is a salesman, marketer, strategic planner, technologist, thought leader & entrepreneur with a passion for proving that "Green is Green" - that doing what’s right for the environment is also economically smart.

Thomas M. Kloc - Managing Director, Advisory Practice, KPMG
Thomas M. Kloc
Thomas M. Kloc
Managing Director, Advisory Practice

Thomas (Tom) Kloc is a Managing Director for KPMG’s Advisory Practice and specializes in sustainability, corporate responsibility, alternate energy and energy efficiency challenges for utility, oil and gas clients. He is a member of a leadership team within KPMG’s Sustainability Services group. He serves as KPMG’s national team lead for the development and delivery of advisory services and thought leadership to help clients in the areas of sustainable supply chain, sustainability accounting/reporting, business integrity and sustainability/corporate responsibility program design.

In addition, Mr. Kloc has over twenty five years of power, utility and energy services industry management experience and industry-focused consulting and is a member of KPMG Power and Utility Practice. Mr. Kloc provides expertise to utilities, energy service, gas pipeline and power generation companies in the area business process optimization in specializing energy/emissions procurement/trading, energy efficiency/alternate energy project and program development and wholesale energy markets.

Mr. Kloc has an electrical engineering degree from Rutgers University with a specialization in power systems with a MBA from Fordham University. Mr. Kloc also serves on corporate responsibility task force for Rutgers University’s Business School that looks at how to incorporate sustainability topics into the accounting and business curriculum.

Tom Rooney - CEO & President, Energy Recovery Inc.
Tom Rooney
Tom Rooney
CEO & President
Energy Recovery Inc.

The annals of corporate history are filled with stories of entrepreneurs who led their garage startups to positions of market leadership. Less is known about those who trade successful management careers at billion-dollar companies for the chance to grow promising, smaller businesses into global market leaders.

Built on a reputation for inspiring smaller companies to think like big ones, Tom Rooney provided the leadership they needed to take bold leaps forward. His success is tied largely to his ability to peer open-mindedly into the future, identify untapped and attainable opportunities, and help companies create the products and global presence they need to capitalize on them.

Tom is currently the Chief Executive Officer & President at Energy Recovery Inc. (ERII), since 2011. Known for its award-winning technology to harvest reusable energy from high pressure fluid flows, Energy Recovery has exploded its growth potential in desalination and by adapting its best-in-class energy recovery technologies to serve to global oil & gas, chemical and other untapped industries. Motivated by triple-bottom-line thinking, Tom is helping these industries make their processes more productive, profitable and environmentally safer in the process.

Frequently published or featured in The New York Times, Forbes, Boston Globe, Los Angeles Times, Washington Times, CNET, Fast Company, Bloomberg, The Guardian, and other worldwide publications, he has also appeared as a guest commentator for NBC, CNBC, Bloomberg, C-SPAN, FOX News and NPR Radio.

Prior to joining Energy Recovery, Mr. Rooney was the CEO of SPG Solar, and prior to that he was the CEO of Insituform Technologies (now known as Aegion Corporation). He holds degrees from Cornell University and the University of Chicago Graduate School of Business.</p> </div>

The Future of US Energy Policy

US energy policy has historically been defined by the lack of a coherent vision for the country’s energy mix and market structure. The industry is highly regionalized with policy differing from state to state. With an aging generation fleet set to face significant retirements, natural gas replacing coal as a base-load fuel, a total lack of new nuclear development, and ongoing but indecisive conversations around legistature to combat climate change, there are many more questions than answers. This panel will focus on the changes current policies are driving, including the impact of different subsidies on the energy market. It will also cover the possible forms of climate legislation and the potential market mechanisms needed to transition to a lower carbon economy.


David Kathan - Senior Economist, Office of Energy Policy and Innovation, Federal Energy Regulatory Commission
David Kathan
David Kathan
Senior Economist, Office of Energy Policy and Innovation
Federal Energy Regulatory Commission

Dr. David Kathan is a Senior Economist in the Office of Energy Policy and Innovation at the Federal Energy Regulatory Commission. Dr. Kathan joined the Commission in 2003 after over 20 years in energy consulting. At FERC, Dr. Kathan works on market design issues, including demand response, smart grid, scarcity pricing, and resource adequacy. Dr. Kathan has been the project lead for the Commission’s annual demand response reports required by the Energy Policy Act of 2005, and was the FERC staff lead on the National Action Plan on Demand Response. Prior to joining FERC, Dr. Kathan was a Principal at ICF Consulting, where he consulted on economic, environmental and quantitative issues related to the electric power industry, with a focus on demand response and electric system modeling. Dr. Kathan received his B.A. from Grinnell College in Economics, and his Ph.D. in Public Policy and Management from the Wharton School at the University of Pennsylvania. Since April 2013, Dr. Kathan has been on temporary assignment to the Office of the Federal Environmental Executive within the White House Council on Environmental Quality.

Gil C. Quiniones - President and Chief Executive Officer, New York Power Authority
Gil C. Quiniones
Gil C. Quiniones
President and Chief Executive Officer
New York Power Authority

Gil C. Quiniones is the President and Chief Executive Officer (CEO) of the New York Power Authority (NYPA), the nation’s largest state electric utility. He was elected by the NYPA trustees in November of 2011, after Governor Andrew M. Cuomo nominated him to the position the previous month. The New York State Senate approved his appointment in January 2012.

Quiniones is co-chairman of the New York Energy Highway Task Force, which is helping to carry out the Governor’s vision for rejuvenating New York State’s energy system through partnerships between the public and private sectors.

As President and CEO of NYPA, Quiniones is responsible for developing and implementing the statewide public power utility’s strategic vision and mission, and supervises its operations, legal, and financial matters. He also oversees the Power Authority’s relationships with elected officials, governmental agencies, other authorities, commissions, and the public.

Quiniones is a member of the Board of Directors of the Electric Power Research Institute, the electric power industry’s international research and development organization, and the Chair of the board’s Committee on Energy Efficiency, Energy Storage, and Smart Grid. He is also active in the affairs of two national public power organizations, serving on the Steering Committee of the Board of the Large Public Power Council (LPPC), as Co-Chair of the LPPC’s Government Relations Task Force and as the Power Authority’s principal representative to the American Public Power Association. He previously was a member of then-Lt. Gov. David A. Paterson’s Renewable Energy Task Force and Chair of the group’s Subcommittee on Distributed Generation.

Before joining NYPA in October 2007 as Executive Vice President of Energy Marketing and Corporate Affairs, Quiniones served for more than four years as Senior Vice President of Energy and Telecommunications for the New York City Economic Development Corporation. In that capacity, he was the city’s chief consultant on energy policy issues and established and led Mayor Michael R. Bloomberg’s Energy Policy Task Force, a public-private group that developed a comprehensive strategy for meeting New York City’s future energy needs. He also led the development of the energy chapter of PlaNYC 2030, the city’s long-term sustainability plan. In addition, he served as Co-Chair of the New York City telecommunications Task Force and of the city’s Telecommunications Policy Advisory Group.

Previous to his positions in New York City government, Quiniones worked for Con Edison’s regulated and unregulated businesses for 16 years and was one of four co-founders of Con Edison Solutions, the utility’s unregulated energy services company.

Quiniones received a Bachelor of Science degree in mechanical engineering from De La Salle University in Manila and has completed graduate courses in engineering management and technology management at the Stevens Institute of Technology in Hoboken, N.J. He has also participated in executive education programs at the Columbia University Business School.

Mayra Rodriguez Valladares - Managing Principal, MRV Associates
Mayra Rodriguez Valladares
Mayra Rodriguez Valladares
Managing Principal
MRV Associates

Mayra Rodríguez Valladares is a management consultant and trainer in New York. Her consulting projects have included the banking, energy, Internet, and telecommunications sectors. Ms. Rodríguez Valladares has written business plans and created financial models for start-up and Internet companies. Recently, she has conducted numerous courses on Basel III, Dodd-Frank, financial derivatives, and risk management both in the US and abroad.

Ms. Rodríguez Valladares has been an Adjunct Professor at New York University where she has taught courses on globalization and energy. She was also an Adjunct Professor at the Fashion Institute of Technology where she taught global marketing, corporate finance and Latin American Politics.

Rodríguez Valladares has published numerous articles and a book for publications such as American Banker, CMEGroup, Financial Times Energy, GARP, Oxford Economics Forecasting Group, World Oil, Petroleum Argus, Privatisation International, Russian Petroleum Investor, Hispanic Business and Knowledge@Wharton. She was the South American energy columnist for World Oil. Ms. Rodríguez Valladares has been interviewed frequently in English, Spanish and Russian by the BBC, Bloomberg Financial News, Christian Science Monitor, The Financial Times, The Industry Standard, Law360, The New York Times, ThomsonReuters, The Wall Street Journal, Radio Free Liberty, and Waters Technology.

She was born in South Bend, Indiana and raised in McAllen, Texas. Rodríguez Valladares began her career with the Federal Reserve Bank of New York where she was a foreign exchange analyst. During her time at the New York Fed, she had the honor of interpreting for Dr. Henry Kissinger and Mr. Paul Volcker during a visit to the Bank by the Former Russian President Mr. Boris Yeltsin. Subsequently, she was a junior investment banker and later an emerging markets fixed income and equity strategist with JP Morgan in New York and London. In 1997, she joined BTAlex.Brown as a Senior Russian Equity Analyst, where she analyzed Russian oil and electricity companies, along with macro political and economic events in that country.

Rodríguez Valladares was graduated from Harvard and Radcliffe Colleges in 1988 with an AB in Russian and Soviet Studies. Her magna cum laude thesis on the Berlin Blockade received a Best Thesis Award in the Slavic Languages and Literatures Department. During her studies she was awarded eight academic and travel fellowships. In 1989-90, she was a Raoul Wallenberg Scholar at Hebrew University in Jerusalem, where she studied the Hebrew language and about the Middle East conflict. She had the honor of leading a team of Christian, Jewish, and Druze students in conducting the first student-run human rights conference in Moscow in June 1990 and of presenting the Raoul Wallenberg Human Rights Award to Dr. Yelena Bonner.

She was graduated from The Wharton School and The Lauder Institute of the University of Pennsylvania with an MBA in Emerging Markets Business and an MA in International Studies in 1995. She was awarded a United States Foreign Languages and Arts Fellowship. She was also accepted to the Wharton-Recanati program, where she worked with a leading Israeli company developing, designing, and selling cookware for disabled and elderly people. Rodríguez Valladares has also completed study programs in art, language, literature, and politics in Berlin, New York, St. Petersburg, and Moscow.  She is fluent in English, Russian, and Spanish and proficient in German, Hebrew and Italian.

Kenneth Kulak - Partner, Morgan Lewis (Moderator)
Kenneth Kulak
Kenneth Kulak
Morgan Lewis

Ken Kulak is a partner in the Energy Practice Group of Morgan Lewis. Ken represents energy companies in regulatory proceedings and advises utilities, project developers, investors, and commercial energy users on a wide range of energy transactions, with a focus on solar energy. His transactional work includes counseling clients in the development and negotiation of power purchase agreements, renewable energy credit contracts, project construction and maintenance agreements, and the purchase, sale, and financing of solar energy projects. He advises utilities on renewable portfolio standard compliance and procurement design and counsels a variety of clients on electricity markets, energy efficiency, net metering, and demand response programs. Ken is a graduate of the University of Pennsylvania Law School, where he is now a lecturer in law and teaches a seminar on energy law and climate change.

Private Equity in the Energy Space

PE’s presence in the energy space is important to understand, and this panel will focus on how PE firms identify and drive value in the asset-intensive energy industry. The conversation will cover current fund-raising prospects, the range of acquisition types within energy-focused funds, operating strategies, and exit opportunities.


James C. Berner - Director, First Reserve
James C. Berner
James C. Berner
First Reserve

James C. Berner, Director, joined First Reserve in 2011. His responsibilities include deal origination, structuring, execution, monitoring and exit strategy, focusing on the energy infrastructure sector. Prior to joining First Reserve, Mr. Berner was a Managing Director at General Electric Capital Corporation, in the Energy Financial Services division. Prior to General Electric Capital Corporation, he was a Vice President, Project and Structured Finance, at Deutsche Bank Securities Inc. Mr. Berner holds a B.A. from Cornell University, an M.B.A. from The Wharton School and a M.A. from School of Advanced International Studies, Johns Hopkins University.

Ryan P. Devlin - VP, EnCap Investments
Ryan P. Devlin
Ryan P. Devlin
EnCap Investments

Prior to joining EnCap in August 2005, Mr. Devlin spent two years at Amegy Bank of Texas where he ended as a Banking Officer for its commercial banking department.

Mr. Devlin received a Bachelor of Arts degree in Business Economics from Brown University.

Mr. Devlin serves on the board of directors of several EnCap portfolio companies and is a member of the Houston Producers’ Forum, the Independent Petroleum Association of America and Young Professionals in Energy.

Bruce Schulman - Managing Director, NGP Energy Technology Partners
Bruce Schulman
Bruce Schulman
Managing Director
NGP Energy Technology Partners

Bruce has been investing in the energy sector since 1994 and joined the firm as Managing Director in 2009. He focuses on all aspects of control buyout transactions, including sourcing, structuring, negotiating, as well as active portfolio management. Prior to joining NGP ETP, Bruce was with Allied Capital where he led or co-led the firm's energy investing activities. Bruce has also held positions with middle market private equity firms Saw Mill Capital and JP Morgan Capital. Bruce began his career in strategy consulting and with Bechtel Enterprises, the finance and investment arm of the global energy engineering and construction firm. Bruce is currently a board member of Living Earth and Penn Power Group, and a board observer for GeoDigital. Previously, Bruce was a board member of the following companies: MPO, Industrial Air Tool, Turner Bros., Air2, Service Champ, Hot Stuff Foods, and Startec Global Communications. Bruce holds a MA in international affairs from the Johns Hopkins School of Advanced International Studies, an MBA in finance from The Wharton School, and an AB in East Asian Studies from Harvard College.

Tucker Twitmyer - Managing Director, EnerTech Capital
Tucker Twitmyer
Tucker Twitmyer
Managing Director
EnerTech Capital

Tucker has been investing in energy technology and services companies for 13 years with an emphasis on technology enabled efficiency, development, services, and products companies across the electricity, oil, and gas industries. Tucker currently sits on the boards of SpaceTime Insight, OwnEnergy and Tangent Energy Solutions. He previously sat on the boards of Enerwise (acquired), FuelQuest (acquired), Advent Solar (acquired), Franklin Fuel Cells (acquired), Welldog (acquired) and was an observer to Comverge (COMV), Clean Air Power (CAP.L), 6th Dimension (acquired), Sagemaker (acquired) and Altela. He is a board member and former President of Wharton Private Equity Partners, an Investment Partner with InvestMaryland, Chairman of the IMPACT 2012 Cleantech Track, an advisor to the Skolkovo Foundation, a former member of the CleanTech Venture Network Advisory Board, and was recently honored as one of the Power Players in Cleantech and Who’s Who in Energy.

Prior to EnerTech, Tucker was a co-founder and Managing Director of Katalyst LLC, a private equity services firm and a Senior Manager at Andersen Consulting, now Accenture. Tucker began his career in finance and IT operations with MultiServ, a provider of material handling and recycling services to the steel industry.

Tucker received a BA in Political Science from the University of Pennsylvania and an MBA from the Wharton School of the University of Pennsylvania.

Sajan K. Thomas, CFA - President & CEO, Thomas Capital Group (Moderator)
Sajan K. Thomas, CFA
Sajan K. Thomas, CFA
President & CEO
Thomas Capital Group

Founded in 1997, Thomas Capital Group provides full service, value added strategic and fundraising assistance to private equity and other alternative asset managers globally. Mr. Thomas is responsible for the overall management of the firm and is involved in business development, client management and sales of client funds.

Formerly, Mr. Thomas was a Managing Director at Frank Russell Capital where he was active in the firm’s worldwide private equity business which co-sponsored and raised four funds (two in Asia, one in Poland, and one Global) with over $2 billion in commitments. Prior to joining Russell, Mr. Thomas was a Vice President at Prudential Investment Corporation where he had investment, portfolio and strategic responsibilities at various merchant banking and investment units. In his last assignment at Prudential, he assisted in the strategic restructuring of Prudential’s $100+ billion asset management business.

Mr. Thomas is a Certified Public Accountant and a Chartered Financial Analyst. He hold series 7, 63 and 24.

Sajan and his wife have two sons. They reside in Gig Harbor, WA. Together, they enjoy traveling, boating, fishing and skiing among other activities.

Public Equity Investing in the Energy Space

This panel will focus on trends in the energy industry and the investment opportunities that they are creating, from prospects for various MLPs to those for renewable companies. There will also be a overview of relevant metrics for different areas of the energy space and methods used to research companies in the industry.


Andrew M. Gillick - Partner, Goosehill Capital
Andrew M. Gillick
Andrew M. Gillick
Goosehill Capital

Andrew Gillick (WG ’07) is a Partner at Goosehill Capital, a family office in NYC, where he manages a long short equity portfolio focused on the energy sector.  His concentration is on E&P and Oil Service companies with some investing in MLPs.  Prior to Goosehill, Mr. Gillick worked at First New York Securities as an energy analyst for the senior managing partners.  Prior to First New York, he was Director of Business Development at Louis Dreyfus Highbridge Capital generating and evaluating midstream deal flow for the asset team. Before attending Wharton, Andrew worked as a portfolio manager at First New York.

Andrew is the former co-chair of the Young Professional Advisory Board to the Mentoring Partnership of New York.  He received his B.A. in History from Colgate University and earned an MBA from the Wharton School.

James Liu - Director, Global Power, Energy & Infrastructure Group, Lazard
James Liu
James Liu
Director, Global Power, Energy & Infrastructure Group

James Liu is a Director in Lazard’s Global Power, Energy & Infrastructure Group.  His investment banking experience encompasses M&A advisory and capital markets transactions for numerous clients in the conventional power and cleantech sectors.

Representative transactions on which Mr. Liu has advised include: the $65 billion merger of Duke Energy and Progress Energy, the $17.5 billion merger of Northeast Utilities and NSTAR, Landis+Gyr’s sale to Toshiba for $2.3 billion, the exchange of EQT’s gas LDC subsidiary with SteelRiver Infrastructure Partners for $720 million in cash and assets, the negotiation of SunPower’s $600 million Liquidity Support Facility with Total, the $250 million restructuring of the EDF-Constellation nuclear JV, and the sale of ZIV to Crompton Greaves for €150 million. In addition, he has advised the City of New York on clean energy policy and finance on a pro bono basis.

Prior to joining Lazard in 2006, Mr. Liu was a member of the Corporate Development group at PG&E Corporation.

Princeton University, B.S.E. in Operations Research, University of Chicago, M.B.A. cum laude.

Brandon O’Gara - E&P and Coal Analyst, Wexford Capital
Brandon O’Gara
Brandon O’Gara
E&P and Coal Analyst
Wexford Capital

Brandon O’Gara (WG ’08) is a research analyst covering the energy sector for Wexford Capital in Greenwich, Connecticut since 2010. Wexford manages roughly $4bn with assets in both the private and public markets. Most of Brandon’s focus occurs in North America covering the independent exploration and production (E&P) sector, but he has also worked in the midstream, refining, and service areas. Prior to joining Wexford he worked on the corporate development and M&A team at PSEG, a utility based in New Jersey. He received his BS in Economics from the Wharton School of Business at the University of Pennsylvania in 2008 where he also played on the varsity tennis team for four years.

Noel Parks - Equity Research Analyst, Ladenburg Thalmann
Noel Parks
Noel Parks
Equity Research Analyst
Ladenburg Thalmann

Noel Parks (WG ’98) is a Managing Director and Equity Research Analyst covering the energy exploration and production (E&P) sector for Ladenburg Thalmann & Co. (LTS-NYSE MKT), an investment bank and brokerage, since 2007. Based in New York, he focuses primarily on small- and mid-cap names, as well as emerging companies and upstream MLPs. He previously covered energy at KeyBanc Capital Markets (formerly McDonald Investments) from 2004-2007, also with a focus on small- and mid-cap E&P. Prior to KeyBanc, he worked at Merrill Lynch as a Vice President and project manager for the Global Analytic/Thematic Research team. He began his research career at Stephens Inc. in 1998, where he covered technology and media. Prior to business school, he was a software developer and IT project leader for trust and mutual fund accounting applications at Brown Brothers Harriman, First Data Corp., and Bank of Boston. He received his MBA in Finance from Wharton and his BA from Harvard.

John H. Tourtelotte - Managing Director, Rivermoor Energy and Rivermoor Systems (Moderator)
John H. Tourtelotte
John H. Tourtelotte
Managing Director
Rivermoor Energy and Rivermoor Systems

John Tourtelotte is the founder of Rivermoor Energy and co-founder of Rivermoor Systems. Rivermoor Energy successfully developed the first portfolio of large-scale solar assets in the New England market from 2008 – 2012, working closely with its utility, governmental and commercial customers. In 2013, John and two co-founders started Rivermoor Systems, which is focused on providing community resiliency and community energy solutions.

John’s prior experience includes general management, marketing and sales management positions in the technology industry with i2 Technologies (supply chain software), Siebel Systems (acquired by Oracle Corporation) and MCI Communications. John holds an M.B.A. from the Wharton School at the University of Pennsylvania and a B.A. from Georgetown University.

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