Michael G. Farrell, CPA Page * of *
Michael G. Farrell, CPA
*** ******** ***, *** ** 646-***-****
New York, NY 10025 **************@*****.***
PROFESSIONAL EXPERIENCE
EVERPOWER WIND HOLDINGS, INC., New York, NY Aug. 2008 ? Present
A developer, owner, and operator of utility-scale wind projects
DIRECTOR OF FINANCE (Mar. 2011 ? Present)
BUSINESS DEVELOPMENT FINANCE MANAGER (Sept. 2010 ? Mar. 2011)
WIND COMMERCIAL MANAGER (Aug. 2008 ? Sept. 2010)
Create and execute project finance solutions, lead the analysis of multiple project financing structures
(debt and tax equity), and optimize the capitalization of projects. Collaborate with the commercial and
development teams to assess the feasibility of the wind projects under development while acting as the
principal financial advisor to all EverPower projects. Overall responsibility for treasury functions,
including cash management and debt compliance. Lead the M&A deal teams through the due
diligence, financial analysis, structuring, negotiation, and closing of transactions.
Selected achievements:
- Helped drive the growth from zero operating projects in 2008 to over 500 megawatts in operation
by the end of 2012
- Successfully led the negotiation and closing of $640 million of project financing for five wind
projects, including two private placement bond financings
- Led the negotiation and due diligence for the successful acquisition of a 150MW wind farm in CA
and a 30MW wind farm in PA
- Led, or assisted with, the analysis of over twenty M&A targets (individual projects and portfolios)
- Developed strong working relationships with renewable energy lenders, tax equity investors, and
legal and financial advisors
- Prepared investor presentations and project managed the due diligence and sales process for the
acquisition of EverPower by Terra Firma, the U.K.-based private equity fund
- Managed the negotiation and closing of a PILOT agreement for a utility-scale project in New York
- Implemented and rolled-out a company-wide debt compliance process
- Prepared and submitted the applications for multiple Section 1603 Cash Grants
CONSTELLATION ENERGY, Baltimore, MD May 2007 ? Aug. 2007
ANALYST, CORPORATE STRATEGY
- Prepared, and project managed, development of a business plan for a new service offering in
renewable energy installations, including solar, wind, biomass, landfill gas, and fuel cells
- Analyzed the current and potential green strategy for the business and key investors in the
voluntary and compliance green energy markets
- Constructed detailed valuation models and analyzed potential acquisitions in the electric and
natural gas industries
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KPMG LLP Jan. 1999 ? Jun. 2006
MANAGER, TRANSACTION SERVICES (Sept. 2003 ? Jun. 2006)
LONDON, UNITED KINGDOM
MANAGER, U.S. GAAP ADVISORY SERVICES (Jan. 2000 ? Jul. 2003)
ZURICH, SWITZERLAND
SUPERVISING SENIOR, AUDIT (Jan. 1999 ? Jan. 2000)
STAMFORD, CONNECTICUT
- Led project teams in transaction-related due diligence, business plan reviews, financial modeling
for public and private entity acquisitions, and analysis of projections and working capital
requirements
- Communicated regularly with senior management regarding complex financial and operational
issues
- Skilled in the analytical review of financial statements and management reporting, including
commentary on the risks and opportunities of a business acquisition/divestment
- Co-developed and presented training courses in financial statement analysis
- Provided technical accounting and expert cash flow statement advice for large international
companies
- Converted foreign financial statements to U.S. GAAP in connection with NYSE registrations
- Managed and participated in the audit, review, and reporting for the U.S. subsidiaries of Diageo plc
- Performed other audits for non-profit organizations and various employee benefit plans
DWORKEN, HILLMAN, LAMORTE & STERCZALA, P.C., Bridgeport, CT Jan. 1997 ? Dec. 1998
SENIOR, AUDIT & TAX
- Performed audits and reviews for local companies across a variety of industries
- Completed tax returns for corporations, partnerships, trusts, foundations and individuals
EDUCATION
Carnegie Mellon University, Tepper School of Business Pittsburgh, PA
Master of Business Administration May 2008
Concentrations: Strategy, Economics, Finance
Outstanding Teaching Assistant award recipient
University of Connecticut Storrs, CT
Bachelor of Science in Business Administration Dec. 1996
Major in Accounting
Co-operative at PerkinElmer Corporation Jun. ? Dec. 1995
PROFESSIONAL QUALIFICATION
Certified Public Accountant, State of Connecticut
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