|
Mr. Short is responsible for the day-to-day
management of the company, and to meet the goals and objectives set by
the Chief Executive Officer and the Board of Directors. To that end, Mr.
Short has developed E3’s overall management and project management
systems that ensure that the company’s goals and objectives are met at all
levels. Mr. Short, a co-founder of E3 Consulting has been providing
consulting services including independent engineering review of both
power and non-power projects for over 17 years. He specializes in
financial model development, project feasibility studies, due diligence,
and environmental permitting. He has developed financial models
projecting operating results for discounted cash flow valuations; and for
projects seeking public offerings non-recourse loan facilities, and equity
placements. Mr. Short has extensive experience permitting power
projects utilizing combustion turbines, diesel engines, and fluidized bed
combustion, including all aspects of environmental impact assessments
and stationary source permitting. He is also experienced in
environmental site assessments, environmental compliance, and
contingency and risk management planning.
R E P R E S E N T A T I V E EXP E R IE N C E
Financial Model Development. For a gas storage project, Mr. Short
developed a financial pro forma model that allows for changing loan
dates, interest rates, base O&M amounts, and all other key input
variables from one easy-to-read assumptions page. Project sensitivity
scenarios are automated through an intuitive, user-friendly menu.
Due Diligence. During the course of a due diligence review for a
combined-cycle facility, it came to our attention that the EPC contract
did not include a heat rate guarantee for duct firing a significant
concern for the lender at the time. Rather than taking several days and
using a more traditional approach of technical analysis based on
thermodynamic modeling, Mr. Short demonstrated in a matter of hours
that the impacts would be insignificant under worst-case heat rate
conditions using the project’s pro forma.
Air Permitting. Mr. Short prepared an application for a major
modification under PSD rules for a Guam power plant using both diesel
engines and combustion turbines. The project, which was reviewed both
by the Guam EPA and the USEPA, included both the addition of new
generating equipment and changes to the operating regimes of the
existing equipment. Mr. Short received a draft permit from the USEPA
in less than 90 days without a single comment.
| 