TMCnet News
Energy Advisory Firm Clone Capital Adds Two Energy Vets to TeamThe addition of two key veteran energy professionals expands Clone Capital LLC's offerings to include power marketing, long term structured hedge advisory services and middle office services. Clone Capital welcomes energy industry veterans, Derrick Payne and Dean Akey, to the team as Partners. With over 20 years of wholesale energy market experience, Payne will be focused on expanding the market advisory service and adding middle office services to the suite of services Clone Capital provides to power generators coast to coast. With over 30 years of experience in power marketing, structured hedge transactions and business development, Akey will be focused on expanding Clone Capital's structured PPA and long-term hedge advisory and execution services. "Over the past five years, Clone Capital has been helping Clients optimize their generation portfolios with market advisory, advanced analytics, and hedge strategies. We are excited to have Derrick Payne and Dean Akey joi the team to expand our service offerings to Clients to assist with their long-term hedging needs and middle office capabilities needed to build robust hedge programs. Derrick and Dean bring to Clone the perfect combination of expertise that will help us offer our Clients a comprehensive risk management and asset optimization platform." - Anand Balakrishnan, Clone Capital Founder and CEO Learn more about Clone Capital at clonecap.com. Clone Capital LLC is an energy advisory firm, providing commercial advisory services, hedge origination and analytics for 12 power generation facilities with a total capacity of over 7,000MW covering five ISOs across the United States. With over seven decades of expertise in energy risk and commercial management, M&A due diligence, trading infrastructure, energy hedging, power marketing and origination, Clone Capital works with Clients to maximize portfolio performance using the right mix of tools, resources and commercial expertise. Based on the belief that optimizing portfolios and evaluating big investment decisions shouldn't be overly complicated, Clone Capital invests all of its experience and energy into delivering positive results and making a difference in every Client's business.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200626005078/en/ |
