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