Management Team
CHIEF EXECUTIVE OFFICER
Terry Hudgens, President and CEO
Terry Hudgens is president and chief executive officer of IBERDROLA RENEWABLES' North American energy business. IBERDROLA, the world's 4th largest electricity company by market capitalization, is also recognized as a world leader in wind energy.
The unit is a rapidly growing, integrated energy business centered around providing environmentally responsible energy to the United States and Canada. It is involved in renewable and gas-fired generation development, natural gas storage and hub services development, structured energy sales and purchases, energy trading, plant asset management and fuels procurement.
Prior to being named CEO in 2001 of what was then known as PPM Energy, Terry was with multi-state utility PacifiCorp as senior vice president of power supply, responsible for power generation, wholesale sales, and the company's mining businesses.
Before joining PacifiCorp, Terry was president of Texaco Natural Gas-North America. In that role, he was responsible for all aspects of Texaco's $5 billion North American natural gas and worldwide natural gas liquids business. He also served as Texaco's senior representative in the Natural Gas Supply Association. Terry spent 25 years with Texaco Inc., working in operations and management positions, including vice president of business development for Texaco Trading and Transportation, Inc., a Texaco subsidiary.
Terry has a bachelor's degree in civil engineering from the University of Houston.
EXECUTIVE VICE PRESIDENT
Susan Reilly, Executive Vice President
Susan Reilly is Executive Vice President for IBERDROLA RENEWABLES in the US and Canada, with particular focus on power business activities.
She previously served in the ScottishPower division of the company as a member of that organization's Executive Team, most recently as Director responsible for ScottishPower’s Strategy and Development. Susan headed the ScottishPower wind business from 1999 to 2005, the acquisition of combined cycle gas turbine plants in the UK, and leading the negotiations for the sale of the multi-state, U.S. utility PacifiCorp to MidAmerican and of ScottishPower to Iberdrola.
Prior to joining ScottishPower, Susan was with PricewaterhouseCoopers and also worked on mergers and acquisitions with various organizations for several years.
SENIOR VICE PRESIDENTS
Ralph Currey, Senior Vice President/Energy Management
Ralph Currey oversees the management of IBERDROLA RENEWABLES' energy trading throughout the WECC region, negotiating sales and purchases in the day-ahead, short-term and forward physical and financial markets. Ralph's organization consists of both power and gas trading professionals.
Prior to joining the company, Ralph was vice president of trading (North America) at Texaco Natural Gas. There he was responsible for managing the fixed price, futures, physical, and options trading books for the company. His 22 years of energy experience include positions at Chevron Natural Gas and KCS Energy Marketing. He has been involved in gas thermal projects at IBERDROLA RENEWABLES, with the Klamath Falls Cogeneration project, and also various generation plants in San Jancinto, California, for Chevron and Texaco.
Ralph earned bachelor and master degrees from West Virginia University as well as a master's in economics from the Colorado School of Mines.
Donald "Don" Furman, Senior Vice President for Development, Transmission, and Policy
Don Furman is responsible for the North American renewables development and for transmission and public policy efforts. He oversees all development activities relating to the wind business as well as transmission rights, and leads relationship management with government, regulators, and organized markets.
Don was previously with PacifiCorp, most recently as Senior Vice President of Regulation and External Affairs. At various times, he also held the roles of Vice President of Domestic Mergers and Acquisitions, Vice President of Transmission, and President of the company's unregulated power marketing subsidiary.
Prior to joining PacifiCorp, Don was Senior Vice President/Operations of Citizens Lehman Power LP. He also practiced law with an emphasis on energy transactions and regulation. He holds a BA in economics from Northwestern University and a J.D. from Lewis and Clark Law School.
Matt Morrow, Senior Vice President Business Development/Gas Storage & Hub Services; President, ENSTOR
Matt Morrow is president of ENSTOR and also senior vice president, business development, gas storage and hub services for IBERDROLA RENEWABLES in North America.
Matt has thirteen years of experience in the gas storage and hub services industry and was instrumental in the development of hub services within the gas industry at the Henry Hub. Previous positions include COO, TradeCapture.com; director of e-commerce, Texaco Natural Gas; and president, Sabine Hub Services, where he was responsible for all aspects of Texaco's storage and hub services business in North American natural gas.
A native Texan, Matt has a bachelor's degree in civil engineering and an MBA from the University of Texas A&M.
Peter van Alderwerelt, Senior Vice President/Business Development & Origination
Peter van Alderwerelt is responsible for IBERDROLA RENEWABLES' thermal assets in North America and oversees some 800 megawatts of clean gas resources in IBERDROLA RENEWABLES' portfolio, including the 500 megawatt Klamath Cogeneration Plant in Oregon. Peter has been instrumental in IBERDROLA RENEWABLES' rapid growth with prior roles leading the development and acquisition of wind and gas-fired power projects and the origination of a wide variety of power and renewable energy transactions.
Peter was previously director of project development for Pacific Generation Company, a PacifiCorp affiliate, where he was responsible for developing and financing the Klamath Cogeneration Plant in the late-90s. His 25 years of experience in the energy industry includes developing regional and international power, cogeneration and renewable opportunities on behalf of ABB, Combustion Engineering and private developers, and management consulting at Navigant and CH2M Hill advising electric utilities and private developers on business strategy and development initiatives.
Peter has a bachelor's degree in mechanical engineering from the University of California at Davis, and is a registered California professional engineer.
VICE PRESIDENTS
Kevin Devlin, Vice President/Commercial Operations
Kevin Devlin is responsible for IBERDROLA RENEWABLES' newly formed Commercial Operations team in North America including wind equipment and service procurement, as well as IBERDROLA RENEWABLES' operations and maintenance (O&M) business services for others. Kevin joined what was formerly PPM Energy in 2005 and was responsible for new business initiatives, including offering O&M services to third parties and expanding the company's wind business into Canada. Kevin previously headed up the commercial development team for Scottish Power in the UK with responsibility for originated power and gas transactions, coal trading and procurement, and environmental products.
Kevin has more than 18 years experience in the energy industry, including ten years with Exxon in various roles within the upstream natural gas business and downstream oil supply and transportation.
Kevin holds a BEng in Mechanical Engineering from the Queens University of Belfast.
Joseph J. "J.J." DiNorscia, Vice President/Pricing, Structuring and Market Analysis
J.J. DiNorscia is responsible for overseeing the economic analysis of IBERDROLA RENEWABLES' prospective North American development projects and origination transactions. These commercial activities include the construction of wind farms and gas storage fields as well as the structuring of gas and power marketing deals.
J.J. has more than 30 years in the energy industry and came to the company from RWE Trading Americas Inc. in Houston where he served as vice president of risk control. He has also been with ARCO, where he both implemented trading strategies and managed marketing portfolios across different energy commodities. He also has held executive mid-office positions at both Texaco Natural Gas Inc. and TPC Corporation.
J.J. holds a Bachelor of Science degree in Chemical Engineering from the University of Delaware and a Masters of Business Administration in Finance from Winthrop University.
Deborah Gronvold, Vice President and Treasurer
Deborah Gronvold has more than 17 years in the energy business (with IBERDROLA RENEWABLES and its predecessor PPM Energy, Sithe Energies, Edison Mission Energy), and eight years in investment banking (with Security Pacific Merchant Bank and Chase Manhattan Bank).
Deborah has responsibility for IBERDROLA RENEWABLES' North American treasury functions and for corporate finance operations functions, including relationship management for ratings agencies, banking and investment banking organizations. She has most recently played a key leadership role in the company's Wind Power Portfolio financings.
Deborah holds a B.A. in Business Administration from the University of Wisconsin, and an M.B.A. in Finance from New York University/Stern School of Business.
Patrick Haye, Vice President/Mid-Office and Information Technology
Patrick Haye is responsible for IBERDROLA RENEWABLES' risk management, information technology, back office, contract administration and trading compliance functions in North America.
Patrick has worked in the energy industry for more than 22 years and has a wide breadth of experience and knowledge related to finance, accounting, commodity risk management, back office and information systems technology functions. He has been instrumental in implementing industry leading energy and ERP systems that have enabled the division to grow rapidly and in a controlled, scalable and cost effective manner. Prior to joining IBERDROLA RENEWABLES, Patrick held senior level positions at two leading commodity trading and energy asset management companies, where he was responsible for leading various finance and risk management organizations made up of 150+ professionals. He also spent 12 years with Chevron, holding various positions of increasing management responsibilities within both upstream and downstream business segments.
Patrick graduated from Oregon State University with a bachelor's degree in accounting and computer science. He is also a member of the Institute of Management Accountants and is a Certified Management Accountant.
Paul Kaufman, General Counsel
Prior to joining IBERDROLA RENEWABLES, Paul Kaufman was an attorney with the law firm of Tonkon Torp LLP in Portland, Oregon, where he focused on renewable resource transactions. Prior to his tenure with Tonkon Torp, Paul was a Vice President with Enron Corp., with responsibility over legislative and regulatory matters in the Western United States, and a partner with the Portland office of Ater Wynne LLP. During his tenure at Ater Wynne, Paul's practice involved the development of electric generation resources, power sale contracting, electric energy and natural gas regulation, and policy development for the qualifying facility industry in California, Nevada, Oregon and Washington.
Paul holds a B.S. in Natural Resources from Cornell University and a J.D. from Lewis and Clark Law School.
Trevor Mihalik, Vice President and Controller
Trevor Mihalik has over 16 years of financial and accounting experience in the oil and gas industry and brings extensive knowledge of financial reporting, accounting, treasury, market risk, credit risk, settlements, contract administration and pipeline balancing activities.
Prior to joining the North American division of IBERDROLA RENEWABLES, he worked for Chevron where he was the Vice President/Finance in their Natural Gas group. As part of his time at Chevron, Trevor spent five years as the Vice President/Finance and CFO of Bridgeline Holdings, L.P., a joint venture between Chevron and Targa Resources. This enterprise was engaged in natural gas marketing, trading and storage activities. Preceding Bridgeline, he worked for Enron involved in financial development of power projects and gas LDC acquisitions. Trevor began his career with Price Waterhouse working in their energy group in Houston and London.
Trevor has an undergraduate degree in accounting with an emphasis in finance from Creighton University, an MBA from Rice University, and is a licensed CPA in the state of Texas.
Allan Query, Vice President/Engineering and Construction
Allan Query is responsible for the engineering, technical support, and project/construction management activities surrounding the development and construction of IBERDROLA RENEWABLES' North American generation projects.
Previously, Allan served as managing director of project engineering for PacifiCorp's Pacific Generation Company (PGC). He has been responsible at PGC and IBERDROLA RENEWABLES for project management and operation of several notable projects, including the 240 MW Crockett Cogeneration combined-cycle facility and the 500 MW Klamath Cogeneration Project. In recent years, Allan has been responsible for the construction of more than 1000 MW of IBERDROLA RENEWABLES' renewable wind generation throughout the U.S. Allan has more than 30 years of related power generation construction experience which includes 18 years with General Electric Company as a field engineer, startup engineer, service manager, project manager, and Manager of Western Region Projects. In addition to experience with wind renewable and combined cycle generation, Allan has experience with biomass renewable, small hydro, and waste-to-energy generation projects.
Allan received his BS in mechanical engineering from Seattle University and a Professional Engineer (Mechanical) certification in Washington state.
Rany Raviv, Vice President of Business Development and Mergers and Acquisitions
Rany Raviv oversees organic renewable business development and manages renewable mergers and acquisition activities in North America.
Rany joined IBERDROLA Renewable Energies USA as Vice President in 2007. Previously, he was a 10-year veteran of Ormat, a geothermal energy leader where he led growth activities in the US. He has more than 15 years experience in global energy, mergers and acquisition, project finance, and brings a valuable track record of closing complex and diverse deals. He holds a B.S. in Computer Science and Business Studies from the University of Buckingham (UK) and an M.B.A. from City University Business School (UK).
David Santucci, Vice President/Natural Gas Trading & Origination
David Santucci is responsible for IBERDROLA RENEWABLES' natural gas trading business, including negotiating physical, financial, and structured natural gas transactions, natural gas storage and transportation, in both the U.S. and Canada.
David has worked in the natural gas trading business for more the 10 years with experience and knowledge in all aspects of building a gas trading business. Prior to joining IBERDROLA RENEWABLES, David was the Director of natural gas trading at Texaco Canada Petroleum, Inc. There he was responsible for building the natural gas trading office and managing the fixed price, physical, financial, and currency books.
David has a Chartered Financial Analyst designation and a bachelor of finance degree from the University of Alberta.
Barrett Stambler, Vice President/Renewable Origination
Barrett Stambler has more than 20 years experience in the renewable energy business with IBERDROLA RENEWABLES and its predecessor PPM Energy, PacifiCorp, U.S. Windpower, Calpine, and the U.S. Department of Energy. Barrett oversees IBERDROLA RENEWABLES' wind sales and marketing activities across North America and is also responsible for expanding the company's customer relationships there. Prior to this he served as managing director of renewable origination. He has been integral to the company's wind power business from its earliest days, including its first-ever power purchase agreement for Stateline Wind Energy Center in 2001.
Barrett holds a B.A. from Pomona College and an M.B.A. from Yale University.
Linda Wah, Vice President/Human Resources
Linda Wah oversees IBERDROLA RENEWABLES' North American Human Resources, Communications and Organizational Effectiveness functions. Linda formerly served as Vice President of Human Resources for utility PacifiCorp. Prior to her work in HR, Linda was an attorney with former PacifiCorp subsidiary NERCO, a natural resources development company. She has also practiced employment and employee benefits law with the Stoel Rives law firm.
Linda has a bachelor's degree in business from the University of Oregon and a juris doctorate from Lewis & Clark College Law School.