Jonathan Sacks, Cfa Email & Phone Number

Dallas, Tx, Us

Lead development of renewable power projects across North America. Also working on financing and acquisition analysis of existing power generation projects and related assets globally.

Houston, Tx, Us

Led development and execution of strategic goals aligned with Board vision. Responsible for asset value enhancement through all available channels including project development, CAPX investment, hedge and power off-take origination, fixed cost restructuring, project M&A, and asset monetization. • Executed over $1B in project finance transactions in PJM and NYISO. Led multiple M&A efforts to divest power plants including transaction document and schedule negotiations; CIM writing; management presentations; and, third-party expert report management and review.• Crafted and developed comprehensive hedging strategy for power generation asset utilizing multiple hedging instruments to effectively hedge different risks and achieve different ends. Layered spark spread hedges, long-term heat rate call options, and fixed price power call options to increase energy gross margin from single digit millions to over $50MM for consecutive years. Utilized credit-efficient collateral to eliminate liquidity risks. • Developed Solar/Storage development program to utilize excess lands to site energy storage and solar developments. Submitted interconnection requests for ~3,000MW of energy storage and over 100MW of co-located solar developments in PJM and CAISO demonstrating energy transition and clean energy attributes of co-located thermal, storage, and solar. Early identification/execution of this opportunity created significant advantages in early queue positions ahead of extensive interconnection logjams. Monetized most queue positions for exceptional returns. • Identified and marketed sites and tangible and intangible assets that were under-utilized and unproductive and led comprehensive multi-channel disposition efforts to monetize assets resulting in extensive balance sheet clean-up and liability mitigation.• Led all commercial and fundamental analysis in PJM and NYISO markets. Developed quarterly update process to add consistency and comparability to analyses.

Princeton, Nj, Us

Responsible for management and oversight of accounting, finance, treasury, financial planning & analysis functions of Kindle Energy and the asset portfolios managed by Kindle. Responsible for originating, negotiating, and executing M&A and structured commodity transactions. Managed all aspects of portfolio optimization from gross margin capture to fixed cost improvement.• Led a multi-disciplinary team of internal and external experts to redesign mining efforts at a lignite mine identifying over 20 initiatives which reduced mining costs by 25% saving $5MM per year in operating expenses and CAPX. • Successfully executed highly capital constrained conversion of a facility from ERCOT into the Mexican energy market resulting in EBITDA exceeding $100MM in first year. • Improved dispatch method of combined cycle facility by optimization of chiller usage to increase gross margin by more than $6MM in first year with no incremental investment.• Led transition of Blackstone’s Lonestar Generation LLC portfolio from third-party asset manager to Kindle Energy. Led transition and integration of $2.2B 5,500MW Lightstone portfolio from AEP completing transition two months early. • Established and implemented accounting and finance/treasury processes and systems for Kindle Energy with a focus on scalability and automation to effectively integrate incremental assets and portfolios while limiting staffing needs. • Completed subsidiary portfolio annual audits and developed annual budgets for presentation to lenders in compliance with Credit Agreements. Managed all aspects of lender Q&A and lender relations.

Originated and executed structured transactions involving physical power sales, natural gas and coal supply, financial power hedging, basis hedging and other commercial transactions including negotiation of power purchase agreements (PPAs) and counterparty enablement documents. Managed Commercial Analysis team of five analysts focused on market analysis, market strategy, and capital expenditure valuation. Developed gross margin forecasts for M&A targets, project financings, and annual budgets.• Negotiated commercial documentation and executed structured power transactions.• Developed fuel supply strategies representing over $2 billion for facilities across all regions that ensured favorable pricing while minimizing corporate working capital requirements.• Developed and analyzed gross margin forecasts for asset and corporate M&A deals (including development of fuel/emission curves, unit characteristics and supply/demand inputs of fundamental modeling). Valued legacy hedge portfolios of target companies. Drafted heat rate call option and physical tolling agreement and PPA term sheets.• Negotiated documentation and executed back-to-back hedge restructure to remove basis risk from a legacy commodity hedge portfolio that realized value in excess of $100 million.• Developed and submitted position papers and written comments about current issues to Federal and State regulatory agencies (FERC, Federal Reserve, and State PUCs), ISOs (ISO-NE, PJM, ERCOT, NYISO), and trade organizations.

Atlanta, Georgia, Us

Led all new business development activities including strategic planning, deal origination, permitting, contracting, financing, government affairspower community relations. Developed projects from initial concept through permitting, contract negotiation and financing by identifying sites, managing interconnections, selecting equipment configuration and leading negotiations of off-take agreements, equipment supply contracts, EPC contracts and project finance documents. Provided sponsor expert witness testimony and advocacy before political officials, public hearings, and regulatory bodies to advance projects through permitting process. Regularly presented new development opportunities, project status, and strategic updates to executive management. Successfully led all efforts to develop, negotiate, permit, finance, and commence construction of the $700 million, 760MW Marsh Landing Generating Station (a 2010 Deal of the Year nominee) including procuring a long-term power purchase agreement in a competitive bid process and negotiating all project documents. Executed a $650 million project financing consisting of non-recourse project debt and letters of credit.

Atlanta, Georgia, Us

Managed business operations of 3,600MW of power plant sites representing over $150 million in annual revenues and more than $75 million in expense and capital budgets, conducted asset valuations, identified business expansion opportunities, managed contractual relationships with vendors and customers, developed and implemented project marketing strategy, coordinated risk management and compliance efforts, and regularly presented recommendations for enhancing asset values to executive management.

Atlanta, Georgia, Us

Managed teams to analyze, evaluate and execute acquisitions, divestitures, new development opportunities and capital expenditures. Performed analyses to identify acquisition targets and expansions strategies into new industries and markets. Served as the commercial representative and financial liaison to external financial advisors for strategic transactions. Managed operational, technical, and financial integration of acquired assets into Mirant corporate structure while supporting accounting, financial planning, tax, market analysis, and human resources efforts. Presented recommendations and transaction status updates to executive management.

Atlanta, Ga, Us

Served as lead financial analyst on 15,000 MW of wholesale electric generation projects. Provided financial forecasts, hurdle rates, economic performance benchmarks, project financial models and quality control of models and proposals. Performed cost of capital studies for unregulated generation business and identified strategic value of joint venture proposals in natural gas E&P business, liquefied natural gas, coal gasification, and petroleum coke. Taught finance classes to non-financial managers.

Atlanta, Ga, Us

Conducted strategic and financial analysis of underperforming business units and recommended corrective courses of action to management. Created business plans and financial forecasts for unregulated services and new product initiatives such as distributed generation, smart grid and smart metering.

Us

Mba, Finance

Bba, Finance

Ba, Economics