Jennifer Phillips

Jennifer Phillips Email and Phone Number

Vice President Asset Management @ Middle River Power
200 W Madison St, Chicago,Illinois 60606,United States
Jennifer Phillips's Location
Lancaster County, Pennsylvania, United States, United States
Jennifer Phillips's Contact Details

Jennifer Phillips personal email

About Jennifer Phillips

My ultimate career is one that leverages my energy industry experience and allows me to interface and collaberate with stakeholders to achieve optimal performance from new and existing infrastructure assets with the end goal of long term, cost effective environmental sustainability. My background in renewable and fossil power technologies, trading, regulatory policy, market assessment, commercial operations, finance, accounting and asset development and acquisitions are crucial to achieving this goal. My 30 years of experience in renewable and conventional energy, finance and accounting has spanned startup to holding companies, regulated to competitive markets and fossil fueled to renewable power. During my career I have held positions of increasing responsibility in accounting, planning, finance, energy trading, risk assessment, market operations and assessment, portfolio management and long-term complex deal structuring. My ability to quickly adapt to the needs of a growing company in evolving markets coupled with my strong work ethic and facilitative mentoring and leadership style put me at the forefront of many new business opportunities in evolving markets. .

Jennifer Phillips's Current Company Details
Middle River Power

Middle River Power

View
Vice President Asset Management
200 W Madison St, Chicago,Illinois 60606,United States
Employees:
65
Jennifer Phillips Work Experience Details
  • Middle River Power
    Vice President - Asset Management East
    Middle River Power Feb 2016 - Present
  • Cube Hydro Partners, Llc (Previously Enduring Hydro)
    Director - Renewable Power Marketing, Asset Management And Commercial Operations
    Cube Hydro Partners, Llc (Previously Enduring Hydro) Apr 2013 - Oct 2015
    Chevy Chase, Md
    •Present structured renewable power sales proposals to C-suite officers and CEOs of C&I clients•Partner with off takers and their consultants and retail suppliers to develop optimal long term power supply portfolio strategies to meet sustainability and renewable energy goals Director Renewable Project Management•Financial oversight of power plant development and operations including: o Negotiation of and responsibility for power plant construction and term loan and USDA grant o Negotiation and oversight of long term power purchase agreements for all power products o Manage twelve plants’ revenue streams through bidding strategies, operations, contract modifications and potential capital enhancements o Gross margin reporting and variance analysis•Prepare and file FERC Cost of Service rates and QF self-certification and obtain state REC certification•Owner’s representative for assets in contract negotiations, interaction with plant operators and administrative staff, third party contractors, federal and state agencies and independent system operator •Responsible for monitoring and managing assets in changing regulatory and market environmentsDirector, Renewable Business Development•Closed on multiple acquisition projects totaling ~$300 million•Work closely with attorneys and counterparty on PSA, Flow of Funds and Working Capital documentation.•Perform due diligence on ~$3 billion in acquisition and development projectsController & Interim CFO•Responsible for all accounting, tax, budgeting, cash flow management and Board and Investor consolidated financial reporting and variance analysis of multiple affiliated energy development, operating and consulting companies•Manage bookkeeper, accounting and tax advisors in preparing year end audited financial statements, tax returns and investor K-1s•Related activities include responsibility for: o $1.3 million ITC o $4.8 million US Treasury 1603 grant o $3.8 million state clean energy grant
  • Mesirow Energy Consulting
    Energy Markets Consultant
    Mesirow Energy Consulting 2003 - Apr 2013
    Chevy Chase, Md
    • Perform acquisition due diligence for investment companies on power plants (gas, waste to power, biomass) in California, MISO, PJM and NEPOOL. Primary activities include: soliciting tolling, fuel, power purchase, and energy management bids; modeling merchant commodity revenue and cost streams; and assisting in modeling O&M costs, vetting pro forma EBITDAs and preparing investor presentations (2007 to present)• Developed 20 year generation project pro formas and presentations for global solar developer integrating solar and storage technologies to optimize revenue streams across a range of regional market structures including consideration of SREC values and other renewable benefits. (2011 to 2012). • Performed biomass power plant acquisition financial due diligence (2012 and 2011) • On behalf of European utility scale battery storage developer, engaged with U.S. utilities and related entities to develop interest in and quantify energy market value of energy storage technology for voltage and frequency support, power factor correction, intermittent power support, load shifting, regulation, EV charging and emergency power (2011 to 2012) • Provided analytical and structuring support for transactions involving over $1 billion in power plant acquisitions and gas supply deals (including municipal prepays, options, and transport). Prepared draft LNG global marketing strategy white paper. (2006 to 2007)• Assisted energy trading company in understanding PJM real time pricing as a function of dispatch, transmission constraints and market behavior. (September 2005)• Prepared line item documentation relating C-15, C-16 option valuation models and energy contracts • Provided expert support to attorneys in power trading company fraudulent conveyance dispute
  • Mesirow Financial And Accounting Consulting
    Principal
    Mesirow Financial And Accounting Consulting 2003 - Apr 2013
    Chevy Chase, Md
    • Performed financial analysis of China / US VIP hospital joint venture in China. Engagement involved creating financial pro forma with various levels of VIP physician service, detailed staffing and equipment requirements and expected demand growth. Used financial analysis to structure and negotiate joint venture agreement (2012) • Responsible for A/R, A/P, payroll, bank reconciliations, monthly and year end financial statement reporting and tax filing requirements and workers compensation compliance for veterinary practice (2007 to present)• Advised non-profit 501(c)(4) on setting up and implementing all accounting functions in Quickbooks Non Profit and on end of year tax filing and audit requirements (2007)• Acted as interim controller for $20 million 501(c)(3) responsible for A/R, A/P, payroll and bank reconciliations, monthly reporting and preparation of audit files for GAO audit (2007 to 2008)
  • Pg&E National Energy Gas Transmission Company
    Vice President, Structuring
    Pg&E National Energy Gas Transmission Company 2000 - 2003
    Bethesda, Md
    • Managed fourteen employees in detailed valuation, documentation and presentation of complex energy transactions including consideration of key risks and associated risk mitigation, hedging strategy, credit and tax implications, accounting treatment, mark to market reserve calculations and financial performance metrics• Transaction types included: tolling, gas storage, power swaps, gas/power spread options and swaps (financial and physical), gas transport, pumped storage, wind power, synthetic fuel tax credits, and trading company acquisitions with term of transactions ranging from one to twenty eight years• Responsible for preparing valuation model of entire trading book consistent with underlying transactions and purchase and sale agreement for sale of company, presented model to potential buyers during due diligence• Prepared analyses modeling discounted cash flow option value across multiple energy commodities taking into account physical constraints using monte carlo simulation and stochastic analysis where relevant• Responsible for closing: four tolling deals (totaling 2,310 MW), four gas storage deals (totaling 3 Bcf), multiple gas transport deals (totaling 400,000 mmbtu), gas load and storage deal, gas LDC regional capacity partnership, and wind power deal (100 MW) for estimated reserved mark-to-market value totaling $1 billion• Prepared and/or presented complex transactions to senior executives including PG&E Corporate Board, PG&E Risk Management Committee and National Energy Group Board• Worked with S&P and Moody’s explaining structuring and approval processes to obtain investment grade rating
  • Pg&E National Energy Group
    Director, Structuring
    Pg&E National Energy Group 1997 - 2001
    • Responsible for integrating NEES assets into trading organization and creating models to optimize portfolio, including developing retail standard offer service cost analysis and bidding and hedging strategies• Participated in PJM committees responsible for designing and implementing new market rules relating to locational based market pricing, retail access, tagging, scheduling, and energy interchange
  • Putnam Hayes And Bartlett
    Senior Associate
    Putnam Hayes And Bartlett 1996 - 1997
    Washington, Dc
    • Identified opportunities associated with forming an alliance between two utilities and a marketer; opportunities included: gas electric arbitrage, coal tolling, fuel switching, and call options• Modeled merger HHI concentrations and associated mitigation measures for proposed utility mergers subject to the Federal Energy Regulatory Commission’s (FERC) merger guidelines • Performed independent power project feasibility analyses by modeling a variety of project structures and prepared draft Request for Proposals and Power Sales Agreement for Spanish industrial client• Prepared qualifying facility cost of service analyses to meet FERC compliance• Performed market power analyses and drafted affidavits for four utility clients requesting FERC approval for power marketing certification and/or market based rates• Calculated transmission revenue requirements and prepared FERC filings for point-to-point and network transmission service pursuant to FERC Order No. 888
  • Us Generating Company
    Manager, Bulk Power Trading
    Us Generating Company 1994 - 1996
    Bethesda, Md
    • Aggregated and brokered power yielding over $1 million net profits per year from USGen and third party facilities which involved soliciting buyers, documenting transactions, preparing risk analyses and presentations for lenders and USGen Board and restructuring existing power sales agreements and lender documents. • Assisted legal in developing marketing and brokering agreements and reviewing third party agreements• Maintained regular contact with over fifty power marketers, brokers and utilities in the Mid-Atlantic and Northeast for market intelligence and trading opportunities• Assisted power plant development efforts by procuring bridge, standby and displacement power and transmission service as well as developing forward price curve and negotiating PPAs with third parties• Represented USGen at MAAC, GAPP and SERC and covered restructuring initiatives at FERC
  • Us Generating Company
    Associate, Finance
    Us Generating Company 1993 - 1994
    Bethesda, Md
    • Created financial pro formas, and wrote pricing and finance sections of RFP responses. Pro formas modeled gas-fired combined cycle, petroleum coke fired IGCC, waste coal facilities, and gas-fired peaking facilities• Modeled power plant pro forma sensitivities including impact of tax exempt financing, principal deferment, interest rate pass through with floating debt, municipal ownership, lease structures, and federal grants
  • Us Generating Company
    Associate, Planning
    Us Generating Company 1992 - 1993
    Bethesda, Md
    • Responsible for annual five year budgets for nine projects with a combined net income of $17 million• Modeled and negotiated restructuring of must run, standard offer power sales agreement to a dispatchable contract• Modeled optimal waste coal plant long term fuel plan for two plants each with over nine fuel sites.• Prepared daily working capital model for $100 million development project to determine initial working capital needs
  • Mesirow Consulting
    Independent Consulting Acitivities During Graduate School (Full Time)
    Mesirow Consulting 1990 - 1992
    Washington, Dc
    • Wrote monthly Edison Electric Institute newsletter covering state and federal regulatory filings and rulings (1990 to 1992)• Prepared report on financial and regulatory forces impacting independent power revenues and competitiveness (1991)• Valued media properties and prepared bank/client reports (Harrision, Bond & Pecaro, Summer 1991)
  • Putnam Hayes And Bartlett
    Head Research Associate / Research Staff Manager
    Putnam Hayes And Bartlett 1988 - 1991
    Washington, Dc
    • Calculated utilities' avoided costs using REALTIME simulation model• Analyzed privatization/restructuring of New Zealand and U.K. electric utilities• Researched and/or co-authored: studies and testimony on incentive regulation, marginal cost pricing, market-based pricing, mergers, wheeling rates, and issues relating to the Public Utility Holding Company Act
  • Pfeffer, Lindsay And Associates
    Electric Utility Analyst/Company Accountant
    Pfeffer, Lindsay And Associates 1986 - 1988
    Washington, Dc
    • Researched and wrote report on U.S. bulk power trading activity• Wrote report summarizing state PURPA regulations and implementation efforts• Managed job cost accounting system and prepared employee payroll and financial statements
  • American Land Title Association
    Assistant Editor
    American Land Title Association 1984 - 1986
    Washington, Dc

Jennifer Phillips Education Details

Frequently Asked Questions about Jennifer Phillips

What company does Jennifer Phillips work for?

Jennifer Phillips works for Middle River Power

What is Jennifer Phillips's role at the current company?

Jennifer Phillips's current role is Vice President Asset Management.

What is Jennifer Phillips's email address?

Jennifer Phillips's email address is je****@****aol.com

What schools did Jennifer Phillips attend?

Jennifer Phillips attended Georgetown University - The Mcdonough School Of Business, Duke University.

Who are Jennifer Phillips's colleagues?

Jennifer Phillips's colleagues are Austin N., J Claude Couvillion, Amber Metelka, Joe Dubinski, Rose Fauster, Joan Amaral, Andrew Tankel.

Not the Jennifer Phillips you were looking for?

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.