Richard Ingham Email & Phone Number

London, GB

London, England, GB

HPC Supply Chain Reporting and Insight Lead

Windsor, Berkshire, GB

• Leading the commercial team (6 direct reports, 10 FTE in total) with responsibility for developing the European project pipeline of large-scale generation and storage assets, playing a central role in delivering growth.
• Grew the distributed power project pipeline bringing 500MW of new projects to investment stage.
• Progressed a range of projects from conceptual stage through to final investment decision (battery energy storage systems and flexible gas peaking) including consenting, planning, EPC and business case.
• Significant M&A experience (buy and sell side) – notably part of the core deal team for Centrica’s £318m 2GW CCGT disposal, negotiating the Transitional Services Agreement and leading separation and completion activity.
• Managed the commercial elements of Centrica’s innovative £17m Cornwall Local Energy Market project.
• Go to expert for revenue markets in the UK, Ireland and Europe including capacity market, energy market, balancing mechanism and ancillary services.

Windsor, Berkshire, GB

• Led the Project Management Office activity including coordination of integration activity, organisation design and implementation to establish Distributed Energy and Power business.
• Engaged with the executive team to develop the organisation design, key accountabilities, processes and decisions to deliver the target operating model design.
• Coordinated integration of acquisition of ENER-G Cogen post £150m acquisition to ensure appropriate day one governance and a successful takeover of operations.

Windsor, Berkshire, GB

• Led the coordination and delivery of Centrica’s response to the Competition and Market Authority’s critical industry wide regulatory investigation in to the energy market. The project was recognised as having.
• Developed Centrica's position and drafted responses to the provisional findings and remedies papers including strategic positioning and business rationale against the key accusations.
• Used my broad business network and interpersonal skills to influence stakeholders in order to respond efficiently and in a timely manner to information requests.
• Worked under pressure in response to tight commercial deadlines to ensure data accuracy and consistency.
• Developed and delivered high quality briefing materials to prepare board level directors for the formal hearings.

Windsor, Berkshire, GB

• Management of 6 people responsible for Centrica’s £2.3bn nuclear joint venture interest with EDF Nuclear Generation (EDF NG), the 3.2GW new build option and offshore renewable assets disposal.
• Developed strong stakeholder relationships with senior level executives at EDF NG to board level to ensure Centrica’s commercial and technical interests were maintained.
• Managed the commercial joint venture relationship with EDF New Nuclear to build Centrica's new nuclear investment case to establish the net present value of Centrica's option.
• Delivered the new nuclear business case to the Centrica Executive Committee and Centrica Board in preparation for Centrica’s final investment decision.
• Led successful sale of the Lincs Wind Farm joint venture (LWF) offshore transmission assets with a value of over £300m.
• Negotiated an attractive indemnity package to ensure future financial risk to LWF was minimised allowing the deal to progress towards completion.

Windsor, Berkshire, GB

• Built financial models and developed power market knowledge across several technologies in support of structured power transactions potential asset acquisitions and new build opportunities.
• Led the go-live process to successfully implement the nuclear contract management system to manage the £2.3bn nuclear equity deal from day one of the power purchase agreement.
• Analysed and developed project assumptions to build a fully flexible discounted cash flow model to inform investment decision milestones and completed a bottom up assessment on appropriate cost of capital for nuclear.
• Commercial management of the nuclear power purchase agreement, which delivered £120m of profit to Centrica's power business unit in 2010 by ensuring knowledge transfer between teams, and accurate forecasting and trading.
• Developed advanced financial modelling experience including discounted cash flow (new build, asset acquisition), Monte Carlo analysis using @Risk, valuing power purchase agreements (including spark & dark spread) and.

Windsor, Berkshire, GB

• Four 6-month placements in British Gas and Centrica Energy developing knowledge of Centrica’s core businesses.

Master'S Degree, Mechanical Engineering

Education record