Jennifer Phillips Email & Phone Number

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.
• 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

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.
• 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.
• 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.
• 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.
• Assisted energy trading company in understanding PJM real time pricing as a function of dispatch, transmission constraints and market behavior. (September 2005)

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.
• 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)

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.
• 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.
• 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.
• Prepared and/or presented complex transactions to senior executives including PG&E Corporate Board, PG&E Risk Management Committee and National Energy Group Board

• 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

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

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.
• 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

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

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

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)

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

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

Washington, DC

Master Of Business Administration (Mba), Accounting And Finance

Bachelor Of Arts (B.A.), Economics And French (Dual Major)

Activities and Societies: Dean's List, Scholarship for Leadership