proven asset management for power generation and other … · 2019-08-12 · • capital...

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www.purenergyllc.com Proven Asset Management for Power Generaon and Other Facilies PurEnergy is a comprehensive asset management firm with 20-plus years’ experience managing and enhancing power gen- eraon, transmission and other infrastructure facilies. We provide a full suite of asset management and financial services in support of owners, lenders and other crical stakeholders. Today our porolio includes power generaon, transmission, midstream oil & gas, materials recovery and other industrial assets. We think creavely, pay aenon to the details and establish clear communicaon up front with all pares involved in a project. As our client, you have guaranteed access to our senior leadership. We don’t relegate your valuable assets to middle management or use them as a training ground for new recruits. As a subsidiary of NAES Corporaon, the largest third-party operator of power facilies in the naon, we have access to the wealth of NAES’s technical and market-related resources and experse. PurEnergy Projects and NAES Office Locaons 315.448.2266 [email protected] An Aggressive Strategy for Compeve, Evolving Markets • Renegoate Key Contracts • Refinance Debt • Convert Revenues to Market Rates • Rework Fuel Supplies • Isolate Plants from Thermal Hosts • Review Operaonal Pracces • Construcon Oversight • Business Management • Contract Administraon • Energy Mgmt Oversight • O&M Oversight • Fuel Management • Restructuring / Turnaround • Accounng, Billing, Cash Mgmt • Audit / Tax Management • Regulatory Compliance • Capital Improvement Projects • Onboarding / Transion Support • Sale / Financing Support • Decommissioning Full Range of Services Covers Enre Facility Life Cycle • Natural gas: CT and CCGT • Wind • Biomass • Coal • Hydro • Midstream Oil & Gas • Materials Recovery • Other Industrials Currently Under Management • 34 Facilies • 9.0 Gigawas Capacity • Markets: PJM, ISO-NE, Western Interconnect and Others Technologies & Sectors

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Page 1: Proven Asset Management for Power Generation and Other … · 2019-08-12 · • Capital Improvement Projects • Onboarding / Transition Support • Sale / Financing Support •

www.purenergyllc.com

Proven Asset Management for Power Generation and Other Facilities

PurEnergy is a comprehensive asset management firm with 20-plus years’ experience managing and enhancing power gen-eration, transmission and other infrastructure facilities. We provide a full suite of asset management and financial services in support of owners, lenders and other critical stakeholders. Today our portfolio includes power generation, transmission, midstream oil & gas, materials recovery and other industrial assets.

We think creatively, pay attention to the details and establish clear communication up front with all parties involved in a project. As our client, you have guaranteed access to our senior leadership. We don’t relegate your valuable assets to middle management or use them as a training ground for new recruits.

As a subsidiary of NAES Corporation, the largest third-party operator of power facilities in the nation, we have access to the wealth of NAES’s technical and market-related resources and expertise.

PurEnergy Projects and NAES Office Locations

[email protected]

An Aggressive Strategy for Competitive, Evolving Markets

• Renegotiate Key Contracts• Refinance Debt• Convert Revenues to Market Rates• Rework Fuel Supplies• Isolate Plants from Thermal Hosts• Review Operational Practices

• Construction Oversight• Business Management• Contract Administration• Energy Mgmt Oversight• O&M Oversight• Fuel Management• Restructuring / Turnaround

• Accounting, Billing, Cash Mgmt• Audit / Tax Management• Regulatory Compliance• Capital Improvement Projects• Onboarding / Transition Support• Sale / Financing Support• Decommissioning

Full Range of Services Covers Entire Facility Life Cycle

• Natural gas: CT and CCGT

• Wind• Biomass• Coal• Hydro

• Midstream Oil & Gas

• Materials Recovery

• Other Industrials

Currently Under Management• 34 Facilities • 9.0 Gigawatts Capacity• Markets: PJM, ISO-NE, Western

Interconnect and Others

Technologies & Sectors

Page 2: Proven Asset Management for Power Generation and Other … · 2019-08-12 · • Capital Improvement Projects • Onboarding / Transition Support • Sale / Financing Support •

www.purenergyllc.com

PurEnergy Puts Selkirk on Path to Recovery in Less than 2 Years

• Eased the client’s operating budget up front by charging a much lower fee than its predecessor

• Found a new energy marketer for the client that took a more strategic and innovative approach

• Began selling power into New England ISO, which has better capacity pricing structure than NY

• Extracted maximum value from Selkirk’s gas pipeline spur by marketing excess capacity

• Reduced staff by eliminating redundant positions• Scrubbed the budget and optimized plant O&M

[email protected]

• Constructed a supplemental cooling tower at minimal cost to increase capacity

• Maximized the capacity factor bonus under Goal Line‘s power purchase agreement

• Optimized the plant’s run time to eliminate unprofitable operation; began cycling in response to market demand

• Found a way to reduce startup time by one half-hour• Negotiated a more cost-effective gas supply contract• Demineralized cooling tower water to reduce water

consumption; negotiated lower sewer charges

• Negotiated settlement and buy-outs to free Pittsfield from all steam host agreements

• Extracted maximum value from gas supply and gas transportation agreements

• Identified 5MW of additional capacity and renewed interconnect agreement to realize it

• Installed fogging overspray to one of the turbines to add another 5MW of potential capacity

• Reduced station service cost through ISO program• Renegotiated all property taxes; optimized plant O&M

PurEnergy Scores $1M Touchdown for Goal Line LP

PurEnergy Turns $75M Exposure Into $220M Profit for Pittsfield