Leadership

Leadership 2017-10-23T13:12:39+00:00

EXPERTISE, INSIGHTS, EXPERIENCE

Filsinger Energy Partners is a firm of experienced industry leaders who offer unparalleled expertise in valuation, restructuring, expert testimony, market analysis, interim management, independent engineering and risk management for the energy, industrial and manufacturing industries. FEP professionals have held senior leadership positions in the energy and manufacturing industries, assisting companies through complex times and transactions in challenging environments. For more information, please contact us directly at 303.974.5884, or email us by clicking here.

Todd Filsinger

Todd W. Filsinger

Todd W. Filsinger has been active in the in the energy sector for over 25 years and is recognized globally as a leader and turn-around specialist in the energy sector. As an interim executive leader, Mr. Filsinger has guided several utilities through restructuring processes, developed complex strategies for utilities and renewable energy companies, and been involved with the restructuring of a majority of oil and gas entities and merchant power companies. He has also led and managed some of the largest energy trading operations in the United States. Additionally, Mr. Filsinger has assisted commodity-based businesses and helped both regulated and merchant utilities across the United States in the areas of strategy, regulatory compliance and filings, asset divestiture, and capital allocation techniques. Notably, Mr. Filsinger served as Interim Chief Executive Officer and Interim Chief Financial Officer for Hawkeye Growth. He also served as Chief Operating Officer, Chief Commercial Officer and Energy Restructuring Advisor for Calpine Corporation, and he was the leader of PA Consulting Group’s Global Energy Practice from 2002 through 2010.

vCard  Todd’s contact information

Gary Germeroth

Gary Germeroth

Gary Germeroth is a Managing Director at Filsinger Energy Partners. Mr. Germeroth was the project manager on the recent EFH restructuring assignment and has been active in the energy restructuring space including Mirant, Calpine and NRG. Mr. Germeroth provides valuation, restructuring, expert testimony, risk management evaluation of both market and operating risks, and turn-around strategy for the energy, industrial and manufacturing industries. With approximately 35 years of managerial and financial experience in the energy sector, including over 25 years in the field of energy commodity risk management and approximately 10 years in the oil and gas operations and production sector, Mr. Germeroth possesses hands-on experience in establishing corporate objectives and managing the execution of these objectives throughout a company. Mr. Germeroth was the Chief Risk Officer of Calpine and he is proficient in all aspects of corporate finance, including reporting and evaluating results from operations, evaluating cash flows and creating meaningful liquidity sensitivities, assessing investment opportunities and estimating the costs of operational risks.  Additionally, he possesses strong skill sets in developing and managing tasks, enterprise risk management, energy commodity price risk management, oil and gas operations, contract review, operating and construction contract risk evaluation, credit risk management, financial restructuring, merger / integration, transaction execution and settlement, risk controls, business process and corporate governance.

Paul J. Harmon

Paul J. Harmon

Paul J. Harmon, P.E., is a licensed professional engineer with over 30 years of experience in the energy industry. Mr. Harmon possesses a unique blend of business and technical knowledge and skills within the power generation and utility industries. Notably, Mr. Harmon’s experience includes managing the asset consulting department of the former R. W. Beck, Inc. In this role he was responsible for all of the company’s independent and owner’s engineering for all energy projects. He has worked on a wide range of generation technologies including: gas- and oil-fired combustion turbines, gas- and oil-fired steam plants, combined cycle, cogeneration, coal-fired steam plants, nuclear (BWR, PWR and HTGR), binary cycle geothermal, hydroelectric, flash cycle geothermal, renewable energy, biomass, waste-to-energy, coal gasification and IGCC. Additionally, Mr. Harmon has managed and provided support to projects throughout the entire project life cycle including: planning and feasibility, conceptual design, contract and bid development, preparation of request for proposals, contract negotiation, project design review, project construction management, dispute resolution, start-up and testing, contract closeout, operation and maintenance, mothballing, decommissioning, demolition and reclamation.

Steve Kopenitz

Stephen Kopenitz

Steve Kopenitz is a versatile senior executive with extensive experience in power plant and mining operations. As a former lead executive of Luminant, one of the largest utilities and mining operators in the United States, Mr. Kopenitz was responsible for 1,600 employees involved in production, engineering, support, technical, management and financial oversight of coal mining, as well as coal and natural gas power plant operations. Mr. Kopenitz also developed a state of the art remote monitoring facility that revolutionized asset management and maintenance processes at a fleet of power plants, including coal, natural gas and nuclear assets. Through his roles, Mr. Kopenitz has achieved notable accomplishments in project management, organizational design, process implementation, P&L, organizational turnaround, business development, safety, plant development, budget forecasting, board advisory and consulting. He is adept at collaborating with and engaging cross-functional, multidisciplinary teams in various cost reduction/rationalization efforts, and recently he led a corporate initiative to improve financial performance that resulted in significant positive improvements to key business metrics. Mr. Kopenitz has served on the board of directors of the National Mining Association since 2012.

Tim Wang

Timothy Y. Wang

Tim Wang is an energy industry professional with over 22 years of experience with electric and natural gas industry issues. He is an industry leader in producing market assessments and asset valuations since the inception of electric market restructuring. Mr. Wang has managed and produced power market assessments in support of project development, financing of new and existing generation, asset transactions, bankruptcy proceedings, stranded costs assessments and investment strategies. He has expertise in market rules and structures, fundamental economic analysis, regulatory and environmental policy, price forecasting, asset operations and supply planning. Mr. Wang has completed consulting engagements for diverse stakeholders, including regulatory agencies, project developers, load-serving entities, generating companies and financial investors.

Mike Green

Mike Green

Michael E. Green has over 30 years of experience as an appraiser and valuation consultant focused on the energy and utility industries. Mr. Green has appraised a wide variety of properties including natural gas pipelines, natural gas distribution systems, electric utility systems, electric generating plants, short-line and regional railroads, private railcars, water and sewer systems, and telecommunications systems. He has developed specialized expertise in the valuation and appraisal of electric power generation assets and is one of very few qualified appraisers in the field today. Mr. Green has prepared appraisal opinions for approximately 95 gigawatts (ownership interests) of generating capacity over the past 16 years. His appraisals have been used in connection with approximately $8 billion in financings as well as for release of assets from liens, fairness opinions, purchase price allocation, fair value rate base, ad valorem tax litigation, condemnation proceedings and fraud litigation. He is also a licensed general real property appraiser with experience in the appraisal of commercial and industrial real estate.

vCard  Mike’s contact information

Mashiur Bhuiyan

Mashiur Bhuiyan, Ph.D.

Mashiur Bhuiyan, Ph.D., is a nodal power market expert with more than 25 years of experience in industry and academia. Over the last two decades he has been extensively involved in power market analysis across the U.S. deregulated power markets. Dr. Bhuiyan possesses a deep understanding of nodal power markets, including a heavy emphasis on transmission congestion and congestion management processes. Dr. Bhuiyan managed congestion exposure by trading financial transmission rights (FTR) for a number of leading competitive energy providers with large portfolios of generation in the PJM, MISO, ERCOT, New York, and New England power markets. His current responsibilities include nodal modeling of various power markets, transmission congestion analysis, and strategic assessments for generation and transmission planning, mergers and acquisitions and valuation. Dr. Bhuiyan has also been engaged deeply in analyzing all aspects impacting renewable generation assets and their development throughout the markets. He earned his Ph.D. in Electrical Engineering with a specialization in Power System Planning, Reliability, and Production Cost Simulation in 1993 from the University of Manchester Institute of Science and Technology, United Kingdom.

Dave Andrus

Dave Andrus

Dave Andrus is a trusted advisor to the energy industry with demonstrated success in the valuation and condition assessment of transmission and distribution assets supporting acquisition due diligence, bankruptcy filings, insurance claims after major events, and valuation of assets under threat of condemnation that have led to successful results for his clients. Mr. Andrus has nearly 30 years’ experience providing client-focused solutions to generation developers, banks/equity investors and electric utilities primarily focused on assessing the impacts of electric transmission, distribution, energy markets, and energy regulation on clients’ financial, development, reliability, planning, and economic decisions. Mr. Andrus has developed long range transmission expansion plans for investor- and publicly-owned utilities, including the development of renewable integration standards, targeted renewable energy development, and fully-integrated resource development plans. Mr. Andrus previously led a national transmission planning and analysis practice that provided consulting services in the areas of asset valuation, condition assessment, due diligence and owners engineer reviews, renewable energy integration analyses, interconnection/delivery/congestion studies, expert witness testimony, and market rules evaluations.

Julie Lee

Julie Lee

Julie Lee, PE, is a Licensed Civil & Environmental Engineer with 20 years of experience providing environmental planning and review in the energy and infrastructure industries. She has blended her experience in design engineering, regulatory analysis and planning, and environmental management to expertly support client initiatives in all stages of a project’s lifecycle. Ms. Lee led the environmental review on several of the USDOE’s renewable initiatives, including review of ongoing land use, air and wastewater discharge approvals for the geothermal, biofuels and solar projects under the Reinvestment Act. She has managed project development services, including NEPA evaluation (EA and EIS), CERCLA site review, operating permit application and agency negotiation, and site remediation planning and implementation. Ms. Lee is a subject matter expert in the statutory requirements for CERCLA Innocent Landowner Defense and has conducted or assessed Phase I and II site analysis to support transactions in more than 40 U.S. states and territories. She has reviewed and audited facilities operating under the IFC’s Equator Principals. Ms. Lee has also delivered documentation to support the requirements of the CWA, particularly as they impact fossil-fuel fired generation units, including: Oil Spill Response Plans and training development, 316(a) & (b) intake and thermal discharge technical analysis, and SPCC engineer-certified plans.

Buck Monday

Buck Monday

Robert (Buck) Monday, P.E., is a Licensed Professional Electrical Engineer with over 40 years of experience in the design, analysis, construction and management of electrical generation, transmission and distribution utilities. He has been a manager or managing consultant of multi-service utilities for over 25 of those years. During that period of time, Mr. Monday has negotiated and/or analyzed numerous contracts for electrical power purchases including one which saved a municipal utility an estimated $25M over the 10-year contract life. His expertise includes managing all facets of service utilities to include not only electricity but also gas, water, wastewater and solid waste. In this capacity, Mr. Monday has developed or evaluated components such as finance, budgeting, personnel, engineering, construction and operation. He has also provided project management and power purchase contract analysis for the Departments of Energy and Defense, various mining concerns, as well as industrial and commercial ventures.

Don Chambless

Don Chambless

Don Chambless is considered one of the country’s premier estimators in the power, transmission, distribution and manufacturing industries. With over 40 years of experience as a cost and schedule analyst and estimator, Mr. Chambless has been responsible for determining the fair market value of a variety projects, including electric utility systems, generating power projects, commercial construction, industrial power and steam-heating systems for plants in both the United States and abroad. He also has experience with hydropower, gas-fired, coal-fired, geothermal, refuse-to-energy, nuclear and solar projects. Mr. Chambless has provided third-party review of power plants, refuse-to-energy plants and electric system projects for private companies, power authorities and municipal agencies. He has been responsible for evaluation and review of construction costs of power plants ranging in size from 20-MW to 3,000-MW.  Mr. Chambless has also evaluated construction costs for modular and field-erected mass burn and RDF plants ranging in size from 80-tpd to 3,000-tpd.  Mr. Chambless also has provided expert testimony before multiple jurisdictions dealing with power asset valuations.

Sam Schreiber

Sam Schreiber

Sam Schreiber is a financial engineer with a deep background in nuclear engineering and applied physics. After starting his career designing nuclear-powered submarines for the U.S. Navy, Mr. Schreiber transitioned into the energy finance space where he has managed many of FEP’s appraisals, market evaluations, asset assessments and restructuring efforts. He has been involved in the development of many of the proprietary models and tools used by FEP while expanding his knowledge and expertise in the power and commodities markets, retail energy business, market structures and environmental regulations. He has provided support in numerous litigated efforts, including development of affidavits, expert reports and expert testimony. Mr. Schreiber holds a B.S. in Engineering Physics from Cornell University and an M.S. in Nuclear Engineering from the University of Texas.

Jill Kawakami

Jill Kawakami

Jill Kawakami is a mechanical engineer who has established herself as an expert in power markets throughout the U.S., including ERCOT, MISO and California. Her work has supported leveraged lease evaluations, bankruptcy restructurings, project financings and asset valuations. She has extensive knowledge in production cost and stochastic dispatch modeling for all generation resource types.  Ms. Kawakami’s experience also includes critical analysis of various commodity markets, GHG emissions, REC markets and environmental regulations. She graduated from the University of Colorado with a B.S. in Mechanical Engineering, a minor in Economics and a certificate in Environmental Engineering.

Nathan Pollak

Nathan Pollak

Nathan Pollak provides energy market analysis and valuation services, with an emphasis on restructuring and retail electric markets. He has over a decade experience advising clients in the energy, health care, aerospace, and defense industries. Mr. Pollak has led the development of proprietary retail electric market forecast models and industry-wide cost estimation models, including load forecasting, retail margin analysis, cost estimation, and profitably analysis for primary and value-added products and services. He has significant experience in the ERCOT retail electric market, one of the most competitive retail electric markets in the U.S. Prior to joining FEP, he advised Fortune 100 companies on major change initiatives, including product development and pricing of healthcare plans for a national health insurance provider. He also led Operational Analysis efforts for the Department of Defense where he advised on new technology investments for dozens of domestic and international projects. Mr. Pollak is a decorated veteran with combat tours in Iraq with the United States Marine Corps. Mr. Pollak holds a B.A. in Computer Science from Duke University, an M.B.A. from the University of Denver, and a postgraduate certificate in Business Analytics from the University of Indiana.

Laura Hatanaka

Laura Hatanaka

Laura Hatanaka has established herself in the nuclear industry, working on plant and contract valuations as well as assessing the operating costs and capital expenditures of nuclear reactors. She is a mechanical engineer with a background in mechanical design and energy analysis. Ms. Hatanaka has supported bankruptcy restructurings and asset valuations which have necessitated a knowledge in long-range energy price forecasting, stochastic dispatch modeling and market benchmarking. She has experience in the analysis and modeling of different aspects of energy plants as well as an understanding of industry operational and maintenance costs and capital expenditures. Most recently, Ms. Hatanaka assisted a major generation and retail electricity company with compensation analysis for its annual incentive programs while the company was progressing through bankruptcy restructuring. Her analyses included assessment of the coal and nuclear generating units’ performance and expenditures. Additionally, she recently helped forecast energy prices for contract and plant valuations for a portfolio of nuclear facilities.

Sean Costello

Sean Costello

Sean Costello is an operations analyst with a background evaluating the economics of investments in the oil and gas sector and has diverse technical engineering experience. Mr. Costello provides a unique combination of technical engineering knowledge, communication skills, and business acumen to achieve results. He has led planning and economic evaluation for Rocky Mountain region investments for independent oil and gas E&P companies. In this capacity, he forecasted production, performed capital cost and operating expense analyses, budgeted development and created long-range plans to advise senior management. Additionally, he has designed well construction plans and supervised the drilling operations of oil and gas wells while leveraging his analytical skills to transform the data capture and analysis capabilities of the drilling operations teams.

Pam Morin

Pamela Sweeney Morin

Pam Morin, CPA, is a financial professional with an extensive background in both the finance and energy sectors. Her skills include profitability reporting, budgeting, financial and management reporting, general ledger accounting, business integration and auditing. As a vice president with Morgan Stanley, Ms. Morin developed a product and distribution channel profitability model for budgeting, forecasting, new product decisions, investment spend and expense reduction. Additionally, as a senior associate with Coopers & Lybrand (prior to the merger with Price Waterhouse), Ms. Morin planned and supervised audits of international banks. She also participated in special projects for capital markets clients, including an internal control review of a bank’s precious metal trading cycle. Filsinger Energy Partners’ clients enjoy Ms. Morin’s attention to detail, prompt communications and thorough analysis of financial issues.

A. Scott Davis

Scott Davis is a seasoned strategic asset management and portfolio optimization professional with over 25 years of diverse experience in the competitive and regulated sectors of the electric utility industry. As the director of FEP’s retail team, Mr. Davis developed sophisticated market models and proprietary customer and financial analytics tools in support of competitive retail electric providers. His experience includes generation asset development, acquisition and financing support, and portfolio optimization with an emphasis on value creation and recapture using advanced methods in modeling, simulation, and data analytics. Mr. Davis’ portfolio expertise includes base-load, peaking, combined cycle, and cogeneration facilities, using natural gas, coal, and various waste fuels. Mr. Davis developed his early expertise in demand side management, load management, and integrated resource planning at Florida Power Corporation where his early contributions included developing an expert system to automate load management dispatch algorithms. Prior to joining FEP, Mr. Davis led a number of strategic groups at Dynegy in roles that include Business Manager of the coal fleet, head of Strategic Market Analysis and Planning, and Head of Credit. He has also provided market analysis and pro forma support for multiple transactions, including 5,300 megawatts of new power plant development totaling $1.96 billion; 2,600 megawatts of asset acquisitions totaling $1.3 billion; 2,900 megawatts of asset sales/divestitures totaling $1.1 billion; and $360 million of non-recourse financings. Mr. Davis holds a B.S. in Electrical Engineering from the University of Florida, and an MBA from the Bauer College of Business at the University of Houston.

Ben Russo

Ben Russo is professional with over 25 years of experience managing electric, natural gas and chemical industry issues. Mr. Russo was instrumental in growing an investor owned utility’s wholesale business throughout MISO, SERC and SPP as the Director of Origination. He facilitated long and short-term transactions with other investor owned utilities, municipal owned systems, cooperatives, independent power producers, electric and natural gas producers, trading desks, and governmental power authorities. Additionally, Mr. Russo developed an alternative energy center in a collaborative partnership between the utility and a regional university’s engineering school. The center developed technologies in biomass gasification, torrefaction, parabolic trough and photovoltaic solar generation and anaerobic digestion. While working with a large independent oil and gas exploration and production company, Mr. Russo developed a geothermal energy project utilizing existing oil and gas infrastructure. Additionally, Mr. Russo developed numerous other collaborative partnerships with additional universities’ engineering schools and the utility in an effort to utilize waste streams from coal fired power plants to form geopolymer concrete, as well as to study the effects electric vehicle charging stations on local electrical grids. He also led the utility’s business development and economic development department to facilitate the overall growth strategy. This strategy resulted in the development of the largest number of certified sites in the utility’s history. Mr. Russo has also developed expertise in storm response as well as spill response activities, as well as working as an industrial hygienist in the chemical industry.

Matt Lee

Matthew Lee is a mechanical engineer with extensive business and environmental expertise. He has managed the development, design, permitting, and financing of power, petrochemical, and infrastructure projects. He has provided consulting services for private debt and equity placements, project financings, public offerings, purchasers and sellers of energy assets, and municipalities. His experience includes traditional and renewable forms of generation, gas and electric distribution, plant performance testing, economic modeling, market and commodity forecasting, operational reviews, technical due diligence, and valuations. Mr. Lee began his career with the U.S. Environmental Protection Agency’s National Enforcement Investigations Center reviewing major petrochemical plants throughout the United States. He is regarded as an air expert, having led the permitting of over 4,000 MW of fossil fuel-fired electrical generating capacity. He has also performed technical due diligence and feasibility assessments for projects throughout the world including the Middle East, Africa, South America, and Asia. Additionally, Mr. Lee served as the Chief Operating Officer of Refined Energy Holdings, a gasification and alternative energy company. REH’s flagship project, the Power County Advanced Energy Center, was a fully permitted coal gasification-to-nitrogen fertilizer complex to be located in Power County, Idaho. It is one of the few successfully permitted coal-based projects in the United States, and has received the endorsement of the Sierra Club as well as the Idaho Conservation League. Mr. Lee assisted with the sale of the project’s development rights in 2013 to a New York based private equity group.

Janalee Chmel

Janalee Card Chmel is an award-winning writer whose work has been recognized by the Public Relations Society of America, the Media Communications Association and the International Association of Business Communicators. Additionally, her script-writing has earned multiple Telly Awards. Janalee has been writing for the energy industry for over a decade, including scripts and other publications that cover everything from rate cases to hydrogen fuel cells to coal operations. Janalee brings a unique ability to turn technical concepts into compelling stories that move readers to action.