Kevin T. Butler
************@*****.*** 415-***-****
SUMMARY
Finance and development executive with success in growing businesses and
directing multi-discipline commercial teams. Expertise in negotiating
commercial agreements, project and business development, strategy,
acquisitions, divestitures, corporate and project finance, and business
start-up. Directed more than $10 billion of financial transactions and
3,500 MW of power procurement arrangements for emerging and Fortune 500
companies. Completed sophisticated transactions and resolved crises in
domestic and international energy markets.
EDUCATION
University of California at Berkeley, Walter A. Haas School of Business
B.S. Business Administration: Finance and Marketing
Duke University, Nicholas School of the Environment - 2010
Masters, Environmental Management
PROFESSIONAL EXPERIENCE
BEC ENERGY CONSULTING, Corte Madera, CA
2007 - 2010
Managing Director
. Collaborated on the creation of company business plans and advised on
commercial activities for clients, leading to successful market
development and sale of a company to a strategic acquirer.
. As acting SVP of Development, led green field development, pricing, and
negotiation activities for 320MW of power purchase agreements (PPAs)
with a major utility and municipalities on behalf of PV developer.
ARIES POWER & INDUSTRIAL CORPORATION, San Francisco CA 2009 - 2010
Chief Operating Officer
. Established operations, business model and brand recognition in US
renewable energy markets resulting in initial engineering and
development services contracts exceeding 200MW within first year of
start-up.
. Collaborated with major US EPC contractor to win bid to construct 250 MW
CSP project.
PACIFIC GAS AND ELECTRIC COMPANY, San Francisco, CA 2004
-2007
Director, New Resource Procurement
Successfully launched effort to bring new power generation to California
using clean energy technologies.
. Designed and led first solicitation for new power plants since PG&E's re-
entry into the power supply business. Resulted in $2 billion of projects
and 2,300 MW of contracts.
. Successfully directed and negotiated arrangements to commercialize
emerging renewable energy technologies resulting in over 900 MW of solar,
ocean, and wind project arrangements.
. Led stakeholder meetings, provided oral and written testimony to the
Californian Public Utility Commission, and managed internal teams to
obtain regulatory approval for new projects.
. Co-developed utility scale solar energy program and emerging renewable
energy program.
. Designed new department and company-wide process that enabled the
execution of request for proposals, contract structuring and negotiation,
and business and project development.
. Recruited finance, engineering, and development talent. Managed
processes involving over 100 people.
Kevin Butler 415-***-****
PG&E CORPORATION, PG&E ENTERPRISES, San Francisco
1995 - 2004
Senior Director, Corporate Development
Director, International Finance and Development
Led $10 billion of transactions and development of new businesses. Managed
corporate development staff and expert advisors to recommend investments,
mergers, acquisitions and new businesses to CFO and CEO.
Financing
Led over $9 billion of financing transactions during and after the
California energy crisis, including public bond offerings, private notes,
corporate secured and unsecured debt, working capital and equity.
Led $7.1 billion corporate bond offering and accounts payable
securitization leading PG&E bankruptcy exit.
Preserved shareholder value and parent liquidity through new $1 billion
debt facility. Later led refinancing that reduced annual interest by $80
million.
. Directed billion dollar IPO and private equity financing efforts.
Successfully collaborated with advisors including Morgan Stanley and
Lehman Brothers.
. Directed financing due diligence processes for $30 billion public company
with over 20,000 employees.
. Created investment policies resulting in new governance processes,
accurate risk and return measurement, and guarantee pricing. Increased
returns and reduced risk exposure by more than $100 million.
. Developed financing plans, cash flow reporting, and divestiture
alternatives during merchant energy industry crises. Enabled over $1
billion in financing contributing to successful company recapitalization.
New Businesses and Corporate Transactions
. Developed company strategy and collaborated with industry participants
to form telecom and industry electronic procurement exchange; optimized
utilization of existing assets resulting in $70 million in total
benefits.
. Developed investment and financial policies with executive management
during start-up of international power plant developer, resulting in $250
million profit when company was sold.
. Led structuring and valuation for divestiture of $1 billion gas
transmission subsidiary increasing annual earnings and cash flow by over
$50 million.
. Negotiated and structured the sale of PG&E's Canadian energy trading
company releasing over $300 million of cash collateral enabling corporate
restructuring of parent company.
. Created strategies to enter international markets. Managed bid
processes to purchase Brazilian, Australian, and European government
assets. Negotiated partnership arrangements with multi-nationals.
FLOWIND CORPORATION, San Rafael, CA 1992 - 1995
Director, Finance and Development; Director, Finance and Management
Information Systems
. Directed greenfield development and sale of $30 million of equipment for
BPA's first wind energy project.
. Managed commercial activities during design and manufacturing of new wind
turbine technology.
. Developed tax-efficient partnership structures for new projects.
CALENERGY, Omaha, Nebraska and San Francisco, CA 1989-1992
Assistant Treasurer, Treasury Analyst
. Managed $1 billion of project and corporate debt and equity financings.
. Led financial planning and analysis for M&A and financing initiatives,
including merger with strategic investor during growth from an emerging
to a Fortune 500 company.