Ed Bullinger, PE

eb74fbb4@westpost.net
48 Princewood Lane, PBG, FL 33410
Home: 561.694.1446 /Cell: 561.951.3546
Assisting Companies/Organizations in the Areas ofa
Asset Optimization / Mergers & Acquisitions / Operations / Design / Development
/ Strategic Planning
SUMMARY
Consulting a" Worked with government, private, regulated, and unregulated groups
in planning and forecasting.
Development a" Led a team of disciplines in the pursuit of ownership of new/gree
nfield facilities and mergers and acquisitions of assets and companies
Business/Asset Management a" was responsible for the profits and losses and asse
t optimization on gas, solar, and wind facilities.
Engineering a" Designed, inspected and installed coatings and linings for gas pa
ss/boiler retrofits, waste-to-energy projects, and heat exchangers
Analytics a" performed market analysis and modeling for local, domestic, and int
ernational energy markets
Independent Energy Consultant November 2009 to Present
- Selected by DOE to support ongoing review process not unlike due diligence in
M&A efforts for the private sector of photovoltaic manufacturing facilities in c
onnection with IRS 48c.
- Assisting start-up Photovoltaic developer company in understanding markets, ru
les, and producing financial models to evaluate opportunities.
Professional Photographer July 2005 to Present
Owner / portrait photographer of business specializing in corporate, family, and
pet portraiture.
NextEra Energy Resources, LLC Juno Beach, Florida (formerly FPL Energy change 20
09) April 1999 to July 2005
Unregulated affiliate of FPL Group with business plan of developing, building, a
nd operating wholesale energy facilities
Business Manager (2002-2005)
- Responsible for the profits and losses of ten (448 MW) companies with revenues
> $ 100 million.
- Integrated fossil, wind, and solar projects into FPL Energyas portfolio
- Negotiated with suppliers, partners, regulators, landowners, and third party i
nvestors in the name of the companies.
- Developed company and partnership level budgets for ten companies and five yea
r forecast on a monthly and annual basis at project, partnership and company lev
el
- Reported actual and forecasted results for companies to upper management daily
, monthly, quarterly and annually
- Coordinated legal, accounting, risk management, finance, production, and consu
ltantas efforts in optimizing projects. Support all auditing requirements by Del
oitte & Touche and KPMG
- Successful obtained $150M financing for a facility made up of seven solar comp
anies in the Mojave Desert.
NextEra Energy Resources, LLC continued - Development (1999-2002)
- Performed due diligence and determined viability of potential development oppo
rtunities
- Assigned to work closely with external consultants in an effort to develop a h
istorical and long-term view of the energy markets, trends, costs and characteri
stics of individual units and types of units within the market
- Evaluated contracts for fuel-supply, purchase power, land leases, and other ag
reements required to properly access the risk profile of assets under considerat
ion.
- Mergers and Acquisition manager, project leader of a team of engineers, financ
e, accountants, lawyers, market analyst and consultants to determine market valu
e of asset available for acquisition.
NextEra Energy Resources, LLC continued - Aggregation Desk Manager a" Retail PA
& NJ (1999)
- Reviewed tariffs of 7 utilities and 56 rate classes to determine rate structur
e and competitive pricing points
- Led pricing and trading team in preparing proposals to be offered to commercia
l and industrial customers
- Prepared and presented risk profile of the business to internal auditing from
FPL Group
- Created database for tracking over 1000 retail customers in 56 rate classes pr
icing and wholesale supplies and costs associated with servicing customers
- Presented market dynamics to executives to indicate progress in newly opened m
arkets and guide to rate classes best matched with wholesale supplies to maximiz
e profitability
Ventyx (formerly Henwood Energy Services),
Sacramento, California 1997 a" 1999
Software and consulting company specializing in wholesale, retail, unregulated a
nd regulated electric markets.
Project Manager Consultant. Supported power marketers, developers, and traders i
n understanding the market value of energy products. Performed project feasibili
ty analysis. Assisted a major Canadian hydro supplier in valuing sales and, in t
he process, increased clientas trust of software suite. Developed underlying dat
abase for Henwoodas Software Suite
Dominion (formerly Consolidated Natural Gas, CNG),
Pittsburgh,Pennsylvania 1996 a" 1997
Gas utility supplying PA, OH, and WV. Acquired by Dominion Energy.
Engineer/Market Analyst/Modeler Interpreted market dynamics and developed short
and long-term pricing data. Analyzed pricing elasticity and correlation of weath
er to price to guide traders in their positions.
Energy and Environmental Analysis, (no longer exists)
Arlington, Virginia 1995 a" 1996
Consulting firm specializing in the energy issues impacting governmental agencie
s and research institutes.
Project Manager, Consultant - Prepared reports, schedules, supporting documents
and procedures for Gas Research Instituteas (GRI) Baseline. Modified FORTRAN cod
e of the DOEas electric market model (NEMS) to work with EEA hydrocarbon model a
nd produce GRIas forecast, reflecting competition and repowering.
Potomac Electric Power Company, (PEPCO) Washington, DC 1980 to 1995
Regulated electric utility supplying MD, DC, and VA.
-Planning Engineer, Energy Planning Department - Forecasted near term fuel and m
ulti-party transaction costs for PEPCO and PA, NJ and MD (PJM). Studied changes
to environmental regulations associated with emissions and its impact on PJM pow
er plant operations and market pricing.
-Systems Engineer, Generating Department - Designed, inspected and supervised th
e installation of corrosion resistant lining systems for coal fired unitsa scrub
bers. Prepared coatings and titanium lining specifications for field installatio
ns, requests for proposals, and cost estimates.
EDUCATION / LICENSE / AFFILIATIONS
University of Maryland, College Park, Maryland a" B.S. Mechanical Engineering
Dominion University, Virginia, nights a" Accounting; Linear Programming.
Professional Engineer (PE), Virginia
American Society of Mechanical Engineers (ASME), member since 1981
COMPUTER SKILLS & TRAINING
Proficient programming, modeling and application design in analytics, project ma
nagement, database development, and planning/forecasting
Training -.Infocast1. The Advanced Project Finance Course, Infocast2. Developmen
t Energy Facilities, Paradym - Options Trading, Magellanas SAP a"Workflow, BW, a
nd R3; Competitive Intelligence: Analysis & Dissemination; Major Time Management
Challenges; Listening, Influencing, and Handling Tough Situations; Boylan- Pres
entation Workshop