Financial Management Group [FMG], established in 1987, is a private investment banking, development and competitive energy markets advisory firm. In addition to our on-going provision of financial, business, energy market, and transmission advice often managing or leading teams for energy developers on over 10,000Mw of power plants. FMG’s most recent accomplishments:
Client | MW or Units | Type | Millions | Development and Finance Roles | Year |
Energy Investors | 620 | Nat Gas / Fuel Oil | private | Sold FCM Obligations to multi parties | 2011 |
Green Mountain Power | 50 | Natural Gas | private | Asset Acquisition, PPA | 2010 |
Watertown Renewable Power | 30 | Biomass Combustion | 150 | Pro Forma, PPA, | 2010 |
Kleen Energy | 620 | Gas/Fuel Oil | 1100 | Financing, PPA, Toll, EPC, Gas Agree | 2008 |
EIF USPF III | 1600 | Coal | private | Valuation, Pro Forma Modeling | 2007 |
EIF USPF III | n.a. | Debt | 500 | Solicitation for Debt, LC Facility | 2007 |
SmithPower | 150 | Natural Gas | n.a. | Successful Outcome Litigation | 2007 |
Berkshire Power Company, LLC | 230 | Natural Gas | 150 | Valuations, Equity, Debt, Structuring | 2006 |
Russell Biomass, LLC | 50 | Wood | 250 | Structuring, Development Funding | 2006 |
Kleen Energy Systems | 620 | Natural Gas/Oil Backup | 450 | Power Solicitation, Debt Equity Partners | 2005 |
EIF, AIG, ArchLight | 160 | Natural Gas IPP | private | Valuation and economic modeling | 2004 |
CME International | 1000 tpd | Waste-to-Energy | 200 | Financial Advisor, Development | 2004 |
Kleen Energy Systems | 620 | Natural Gas | 450 | Financial Advisor, Modeling, Structure | 2004 |
Airtricity | 42 | Wind Turbine | private | Financial Advisor, Acquisition | 2004 |
KeySpan, NYPA | 700+ | Merchant Plants | 420 | Testimony at FERC re Transmission | 2003 |
Waterside Power | 70 | ISO / IPP Peaking | 8 | Financial Advisor – Equity | 2003 |
Glenville Holdings /General Elect. | 520 | Merchant Plant | 350 | Financial Advisor | 2002 |
Dominion Energy | n.a. | Retail / Wholesale Markets | n.a. | Advised on Entry into NEPOOL Mkts | n.a. |
Commonwealth Chesapeake Company | 300 | Merchant Peaking Plant | 150 | Litigation | 2002 |
Confidential Developer | 1100 | Base Load Coal | 1000 | Financial Advisor – Economics | 2001 |
Standish Energy , LLC | 580 | Merchant Plant | 350 | Financial Advisor – Development Equity | 2001 |
ConEd Development | 100 | Merchant Peaking Plant | 45 | Development Advisor | 2001 |
Universal Electric Power | 75 | Merchant Hydro Portfolio | 90 | Financial Advisor | 2001 |
CommonWealth Resources | 1 | Landfill Gas | 2 | CO Credits Sold, Economics, Finance | 2000 |
ConEd Development | 545 | Merchant Plant | 325 | Development Advisor | 2000 |
Reliant Energy | 540 | Merchant Plant | 345 | Market Rules / Transmission Advisor | 2000 |
CME / Caterpillar Power Ventures | 25 | Tunisia Flare Gas-to-Elect | 27 | Debt Financial Advisor | 2000 |
Standard Power Ventures | 800 | Merchant Peaking Plant | 400 | Financial Advisor | 2000 |
Meridian | 40 | Natural Gas IPP | 20 | Bankruptcy Workout | 2000 |
Catamount Energy | 25 | Waste to Energy Plant | 40 | Financial Advisor | 1999 |
Glenville Holdings/General Elect. | 520 | Merchant Plant | 350 | Financial Advisor – Development Equity 1999 | |
Cabot Power | 340 | Merchant Plant | 210 | Financial Advisor | 1998 |
Energy Investors | 225 ktpy | Waste to Energy | 130 | Financial Advisor/Workout | 1998 |
PG&E Energy | n.a | Corporate Acquisition | 87 | Financial Advisor | 1998 |
AIPDC | 180 | Fuel Oil Plant | 100 | Litigation | 1997 |
Catamount Energy | 40 | Biomass | 100 | Financial Advisor | 1996 |
Energy Answers | 80 | Waste-to-Energy | 400 | Financial Advisor, Sale | 1994 |
Air Products | 50 | Coal IPP | 100 | Financial Advisor | 1992 |
Air Products/NIPSCO | 20tpd | Flue Gas Plant | n.a. | Financial Advisor | 1991 |
Oxford Energy | 91ktpy | Tire Combustion | 80 | Financial Advisor | 1991 |
Elm Energy | 100 ktpy | Tire Combustion | 85 | Financial Advisor | 1991 |
BUG / CEA | 100 | Natural Gas IPP | 50 | Financial Advisor | 1991 |
Sanwa Bank | 25 | Natural Gas IPP | 15 | Litigation | 1990 |
El Paso Electric | 2000 | Natural Gas/Coal/Nuclear | n.a. | Bankruptcy Workout | 1992 |
32 Banks | 3000 | Tucson Electric | n.a. | Bankruptcy Workout | 1992 |
Pacific Energy/SoCal Gas Co | 36 | Geothermal IPP | 120 | Financial Advisor | 1990 |
Pacific Energy | 150 | Gas, Biomass, Hydro | 500 | Financial Advisor – Portfolio Sale | 1990 |
Sterling Power | 85 | Gas / Diesel Peaking Plant | 35 | Developer, Permitting | 1990 |
Power Recovery Systems | 20 | Biomass | 80 | 3 Power Purchase Agreements | prior |
Wte Corporation | n.a. | Waste-to-Energy | n.a. | Equity Arrangement | prior |