Mary Anne Brelinsky President, EDF Energy Services

Transcription

1 Mary Anne Brelinsky President, EDF Energy Services EDUCATION: Masters in Business Administration, May 2000 University of Houston, Clear Lake Campus, Houston, Texas Grade Point Average: 3.9 / 4.0 Ranking: Top Ten Percent of MBA Class Bachelor of Science in Industrial and Management Engineering, May 1996 Rensselaer Polytechnic Institute, Troy New York, Grade Point Average: 3.7 / 4.0 In Major: 4.0 / 4.0 WORK EXPERIENCE: President, EDF Energy Services. Responsible for EDF s customer businesses in North America. Determines sales strategy, hedging, and profitability for all clients in the US and Canada Present Sr. Vice President, EDF Trading North America. Responsible for the origination, strategy, implementation, and profitability for all Energy Management clients and structured transactions in North America. Sep Vice President, Lehman Brothers. Manager of the Texas portfolio of business including all term and cash trading, NERC compliance program, real time operations, scheduling, and settlement for the ERCOT portfolio of customer assets. July 2006 September 2008 Sr. Manager of Transaction and Product Solutions, Reliant Energy. Created and managed Reliant s Customer Transaction Desk. Supervised employees responsible for the support of ERCOT C&I deal flow. Managed the processes for the execution of Capacity Energy, Gas Triggering, LaaRs, Load Response, and Supplemental Purchase products for Reliant s Commercial and Industrial market segment. Managed and executed all gas, power, and heat rate transactions for customers with ability to lock contract price components. February 2003 July 2006 Power Trader, Dynegy Marketing and Trade. Managed the long-term spark spread positions (power and natural gas) for Dynegy s Texas and California assets. Optimized long term hedging portfolios for Texas retail contracts and over 1,200 MW of generation in ERCOT and SP15 markets. January 2002 February 2003 Manager, Dynegy Marketing and Trade, Houston, Texas. Acted as Dynegy s QSE manager during the deregulation of the power market. Responsible for all ERCOT interfaces and market rule implementation. Developed bidding strategy for the real time markets and stewarded Dynegy s P&L resulting from the deregulated market. Also managed a 600 MW Cogeneration power plant in Channelview, Texas. Was responsible for determining the daily output for the facility, fuel nomination, and viability of long-term projects. July 2000-December 2001 Plant Engineer, Operations Support Department, ExxonMobil Corporation, Baytown, Texas. Responsible for the day-to-day optimization and technical support for the recovery section of a world scale olefins plant. Responsible for unit project initiatives and coordination activities requiring the Plant Operations group, the laboratory, and inter-plant workforce. Other responsibilities include generating monitoring reports, catalyst management, and lost opportunity. February 2000 July 2000 Raw Material Analyst/Material Balance Engineer, Business Optimization Department, ExxonMobil Corporation, Baytown, Texas. Managed monthly product and supply material balances to within the required tolerances. Coordinated issue resolution between the controllers organization, third party customers and suppliers, and plant operations. Developed raw material stewardship package that has become a "best practice" at other Exxon steam cracking facilities. June February 2000 PROFESSIONAL and LEADERSHIP EXPERIENCE: Gulf Coast Power Association Board of Directors, President (2014) Anahau Energy Board of Directors, Board Member 2015 Saint Mary Magdalene Catholic School Board of Directors, Board Member ERCOT Demand Side Working Group, Chairman ERCOT Protocol Revision Committee, elected member Site Foreign Trade Zone Coordinator. Managed project with U.S. Customs and Exxon 1999 President, NY Epsilon chapter of Pi Beta Phi HONORS: Phi Kappa Phi at University of Houston Omega Mu Chapter of Order of Omega at RPI Sigma Iota Epsilon the National Management Honor Society Alpha Pi Mu National Honor Society for IEs Vice President

2 W. Eric Dennison General Counsel, EDF Trading North America, LLC Houston, Texas Office: Cell: Practice Focus Business Transactions Energy Derivatives Energy Related Commercial Transactions Energy Restructuring & Creditors Rights Financial Products and Derivatives State and Federal Regulatory FERC State Public Utility Commissions Eric Dennison currently serves as Senior Vice President, Secretary and General Counsel of EDF Trading North America, LLC (EDF). EDF is a leading independent marketer of natural gas, power, coal and other energy products throughout North America. Eric s internal practice ranges from simple energy and commodity purchase, sale and trading arrangements to energy related, receivables based financing transactions. Eric s practice is also heavily devoted to regulated energy management transactions, asset optimization arrangements, and natural gas and power project finance transactions. Eric continues to support EDF s efforts with respect to internal financing arrangements and third party structured credit support alternatives involving a variety of EDF s counterparty purchasers. Eric has represented EDF in connection with an array of acquisitions involving the purchase of retail energy providers, energy trading companies, and energy related assets. Finally, Eric is heavily involved in the areas of Dodd-Frank Compliance, FERC and CFTC compliance and various state regulatory matters. Prior to joining EDF, Eric was a partner in the Houston offices of Sutherland Asbill & Brennan LLP where he founded and led the Houston energy practice for a period of three years. In private practice, Eric s focus was also devoted to representing clients on a wide variety of energy related issues. His primary practice areas included (and continue to include) natural gas and electric energy law; project finance and development; general business transactions; and commodities law and financial derivatives trading. During his tenure as in-house counsel and in private practice, Eric has served on various committees with energy organizations such as ISDA, the Edison Electric Institute, and the North American Energy Standards Board. He has represented a wide range of clients including gas and power marketers, independent power providers and developers, natural gas transportation pipelines, retail electric providers, natural gas and coal producers, financial traders, third party energy financiers, energy related private equity investors, and hedge funds.

3 Prior to joining Sutherland Asbill & Brennan, Eric was Vice President and Assistant General Counsel for Dynegy Marketing and Trade. Over the course of his ten year tenure at Dynegy (including his experience at Destec Energy), Eric had general responsibility for the legal support of the company s gas, power and derivatives trading organization. He served as lead attorney for Dynegy s structured energy trading and origination business. Eric has represented Dynegy as internal counsel and in private practice in a variety of energy related transactions including long-term power and gas supply arrangements, structured tolling agreements and project finance facilities. Eric s practice areas have also included the representation of Dynegy in connection with its financial trading, risk management and credit support efforts. He has practiced, and continues to practice before the Texas Public Utility Commission and the Federal Energy Regulatory Commission in connection with issues relating to transmission pricing, qualification of generating facilities under PURPA, general compliance matters, and most recently, the Dodd-Frank Wall Street Reform and Consumer Protection Act. Bar Memberships Texas Prior Professional Relationships Eric is a member of the Houston Bar Association and American Bar Association and the State Bar of Texas. Eric spent four years as an Associate at Vinson & Elkins, and four years with Destec Energy prior to Destec s merger with Dynegy in Eric began his professional career at Vinson & Elkins involved with real estate investment and finance transactions. These transactions included the purchase, sale, construction and finance of a variety of power generation assets.

4 WILLIAM BILL HELLINGHAUSEN 4700 W. Sam Houston Parkway N Suite 250 Houston, Texas CAREER SUMMARY ERCOT expert with 28 years experience in the electric utility industry in: Power Plant Operations, Fuel Procurement, Wholesale Power Market and Competitive Retail Market. Strong background in new market start-ups, including: deregulation of the natural gas market, the competitive ERCOT electricity market, and new retail products for ERCOT and PJM. Coordinated diverse internal and external groups, and served as Reliant Stakeholder in development of ERCOT Protocols. PROFESSIONAL EXPERIENCE EDF TRADING NORTH AMERICA Director of Regulatory Affairs Participate in ERCOT subcommittees providing actionable information to commercial team. Maintain filings and coordinate inquires and audits from regulatory agencies, with a focus on ERCOT issues in particular the nodal market PRESENT RELIANT ENERGY, Houston, Texas Director of Innovation & New Products ( ) Oversaw new product development for business and commercial customers. Director of Transaction and Product Solutions ( ) Managed team responsible for structuring of retail Commercial and Industrial electric products in ERCOT. Served as point of contact for internal sales to construct and manage the risk of product offerings to C&I customers. Manager of Product Development ( ) Oversaw design of retail Commercial and Industrial electric products for ERCOT and PJM Products formed the initial set electricity agreements in deregulated electricity markets. Senior Trader ( ) Charged with timely development of ERCOT protocols. Participated in development of the initial zonal protocols for the ERCOT deregulated electricity market. Sr. Electricity Trader ( ) Purchased and sold wholesale electric power. Participate in ERCOT sub-committee meetings and task forces charged with resolving wholesale power issues. Served as Reliant s subject matter expert in Renewable Energy Credit rulemaking. Sr. Fuels Acquisition Specialist ( ) Held responsibility for purchase of natural gas and fuel oil for HL&P s Electric Generating Stations. Plant Engineer ( ) Responsible for completion and initial operation of the Limestone Electric Generating Station and redesign of the P H Robinson Electric Generating Station. Served as Results Engineer for the Cedar Bayou Electric Generating Station. EDUCATION LOUISIANA TECH UNIVERSITY, Bachelor of Science, Mechanical Engineering

5 26014 Saint Florent Drive * Tomball, TX * Home: * Cell * [email protected] Summary of Qualifications Experience Cherie Steigerwald Fuller 18 years Energy Experience - Wholesale & Retail Business Development, Services Origination & Contract Negotiation Power Scheduling & Transmission New Market Implementation Regulatory & NERC Compliance EDF Energy Services Vice President Retail Houston, TX July 2011-Present Coordinate origination, pricing, data, contracting, invoicing of East Retail deal flow Collaborate with commercial operations, legal and finance to support smooth client integration and improve customer acquisition, service and retention Interact with accounting, credit, risk, IT and trading departments to support retail operations Manage customer relationships and oversee customer service efforts Manage new billing system implementation for East Interface with billing department to improve invoicing system efficiencies Facilitate new market implementation in the East Participate in global EDF Group synergies Fulcrum Power Services Senior Director, Business Development Houston, TX July 2005-July 2011 Originated third party Energy Management and QSE Services Develop and execute retail sales plans via association channels for the Fulcrum retail brands ERCOT Nodal Market Readiness Coordinator, activities included qualification, Nodal testing and training Board Member, Texas Hotel & Lodging Association Negotiated and managed Scheduling Management Agreement with large trading organization which included day-ahead and real-time scheduling in ERCOT and WECC/CAISO on behalf of client Managed ERCOT & WECC day-ahead scheduling desk Developed internal processes and wholesale energy markets training to support successful execution of energy management services contracts NERC Primary Compliance Contact, ensured administration of NERC Reliability Standards and PUC compliance including the development of strong reporting metrics for NERC auditing and compliance purposes Dynegy, Inc. Various Positions Houston, TX June 1997 July 2005 Transmission Trader Developed strategic FTR and transmission strategies in support of asset and trading positions Responsible for trading floor readiness of new market implementation (PJM 2004, MISO 2005) including training coordination, regulatory & IT liaison, internal process development and market registration Managed daily business with comprehensive understanding and interpretation of the tariffs and business practices for markets in the Midwest & Southeast Provided input to regulatory and legal departments on issues affecting the value of the assets of the generation group, including issues at FERC and state regulatory commissions Retail Analyst Forecasted aggregated retail loads daily to minimize imbalance risk Maintained database to support forecasting software (load actuals, weather data, schedules) Coordinated with trading, transmission and scheduling operations to ensure physical requirements are met

6 Worked in partnership with power risk management to capture deal flow and manage P&L Facilitated retail origination requests and coordinated communications between field offices and corporate Establish close working relationship with alliance partners/aggregators to ensure load requirements are met Understand regulatory impacts on retail markets by staying abreast of changes in transmission tariffs, retail business guides, FERC and state requirements Power Scheduler Scheduled power in the western markets (Mid-C, COBB, Palo Verde) Met daily NERC tagging requirements Established and maintained counterparty relationships Analyst/Assistant Managed west power asset pricing spreadsheet Performed California market pricing and volatility trend analysis Developed and maintained merchant plant activity database Coordinated daily activities for structuring group Created presentations to support analyst presentations Member of commercial power creative marketing team supporting first release of Republican Party of Florida June November 1996 Campaign Liaison Cocoa Beach, FL Alexander for President November March 1996 Campaign Staff Manchester, NH MLA Management Associates May September 1995 Property Management Associate Mt. Pocono, PA Education Salisbury University May 1993 Bachelor of Arts Salisbury, MD

7 1255 N Post Oak Rd Apt 2511 Houston, TX Education M.S. Finance, Texas A&M University, May 2011 B.B.A. Finance, Texas A&M University, May 2010 Ben Huffman [email protected] Cell: Work Experience EDF Energy Services, Houston, TX Senior Retail Power Analyst Jan Present Retail Power Analyst Sep Dec Member of EDF Group Forward Curve Shaping Expert Community. Represented EDF Trading North America and EDF Energy Services at workshop in Paris with objective of sharing best practices in forward curve shaping across EDF Group members. Representatives from six countries and nine business units in attendance. - Maintained customer hedges and proposed hedging strategies to clients to suit unique needs. Received hedge requests from broker or client, executed the hedge with Flow Desk, accurately entered deal into trade capture system and manually created confirms. - Managed internal portfolio hedges. Calculated and entered daily demand bids and arranged other sources of physical supply to meet forecasted requirements. Recognized undiscovered DA-RT exposure in portfolio and acted quickly to implement hedge protecting deal from a loss three times greater than margin for the given timeframe. - Created models used in deal valuation including cost of increased payment terms. Used VBA to download forward curves and interest rates to create models that could be used by all members of the team at the click of a button. Worked with Structuring to validate fixed price valuation models and ensure that details from term sheets were reflected correctly. - Represented company interests in one on one discussions with clients and augmented sales team as technical expert. Developed strong relationships with many clients and served as the primary point of contact for answering questions and discussing hedge strategies. - Created system to improve P&L reporting accuracy and settlement validations. Discovered flaws in invoicing software and worked with vendors to correct, changes will increase accuracy of invoices by over $10,000 annually. Developed expertise to fix software issues when vendor failed to do so. - Participated in Regulatory Affairs discussions on PJM, MISO, NYISO. Disseminated information among sales team including updates around FERC Order 745, creation of new capacity zones, and residual aggregate pricing. - Expanded market presence of company by attending and contributing to utility workshops, ISO trainings, and industry group meetings. EDF Trading North America, Houston, TX Energy Manager June 2012-Sep Responsible for commercial portion of 515MW of natural gas generation in NYISO footprint. Purchased fuel, submitted generation offers, scheduled outages, and liaised with plant personnel on daily basis to ensure economical, efficient running of client owned power plants. - Implemented and managed multi-commodity hedges on behalf of clients. Coordinated with power and gas traders to provide pricing and execute transactions. Presented pros and cons to clients of different hedging strategies. - Managed client relationships with generation and load counterparties. Responded to client questions and concerns, and provided market commentary on daily conference calls. - Scheduled physical generation as part of bilateral agreements with retail load providers in all zones of NYISO. Power Analyst June 2011-May Implemented and improved automation of daily tasks using VBA and Excel. - Performed ad hoc analysis for SVP Power Trading and VP Northeast Power Marketing as well as East term and cash traders. Provided market analysis to EDF Group companies in Paris and Washington D.C. - Utilized SQL to build custom queries and organize data to decrease time required for analysis of prices, weather, and load across commodities and regions. Cima Energy, Houston, TX Natural Gas Trade Floor Intern June 2009-Aug Complied and updated forward curves for use by traders. Combined information from regional offices to create a consolidated market view for Houston based traders. - Created portfolio of long term firm transportation assets. Allowed front, mid, and back offices to have a combined view of transportation in a single workbook. - Designed and maintained spread calculating system for Mid Continent traders. Program computes all relevant commodity and reservation costs, fuel charges and profit margins. Tauber Oil Company, Houston, TX Risk Management Intern May 2008-Aug Monitored daily position reports for position size violations. Reported on any potential problems to the head of risk management.

8 - Used NYMEX, Platts, and CMAI data to audit pricing formulas for accuracy. Tested over 1,000 formulas and compiled a guide to the most used and most important. - Traced physical flows of custom blends to determine effects on cost. Tracked flow of products through at least three storage tanks, calculating the cost effects on each tank. Reliant Energy Securities & Commodities Trading Center, Mays Business School, College Station, TX Staff Supervisor Jan May Responsible for Trade Center projects. Delegate and oversee projects to be completed by five Trade Center staff members at the request of the Trade Center director and faculty. - Present the Trade Center to prospective students, industry partners, and visiting congressmen. Coordinated meetings for the Trade Center Board, including over 20 brokerage, trading, and risk management firms. Staff Member Jan Dec Used Bloomberg operational skills to pull currency and commodity data. Data was used by professors for presentations and class lectures. - Trained MBA students to compete in the security and commodity focused Rotman Trading Competition. Texas A&M University s team received sixth place out of 40 teams in TAMU Department of Rec Sports, Texas A&M University, College Station, TX Intramural Supervisor Sep May Responsible for referees and players in Intramural Sports. Personally train approximately 40 volleyball referees over several weeks twice a year. - Administer Intramural Sports games and tournaments. Accountable for up to 35 games and 400 participants per night. Relevant Skills - Proficient in Microsoft Excel, VBA, SQL, Microsoft Access. - Experience in SAS, Oracle Crystal Ball. Activities Eagle Scout - Obtained rank of Eagle Scout in Boy Scouts of America. Houston Livestock Show and Rodeo - Raised funds and organized competitions for Texas youth to earn scholarships as a member of the Judging Contest Committee.