Solving Critical Energy Challenges for Utilities, Co‑Ops and Municipals
Transfer your risks to us
The financial, operational and environmental risks of owning a power generation facility are substantial. Kindle Energy will partner with you to reduce your risk through a financial and operational investment in your existing or planned facilities.
Kindle Energy invites customers to work with us to improve how your plants operate, reduce your operating costs, or, when necessary, to meet more stringent environmental regulations.
Whatever your interests or needs, we can work with you to offer creative solutions that provide you the energy you need — without the risk.
Benefits of working with us
- Operational experience to make investments and modifications that will provide the desired efficiencies and optimization; Technical know-how to execute the changes that will yield the best operational and financial results
- Access to capital to ease the financial burden of improving existing or implementing new equipment; Achieve improvements without balance sheet impacts
- Deep experience with complicated environmental and regulatory compliance matters; Meet increasingly stringent compliance standards with confidence
- Energy solutions with transparent pricing models; Know what you are getting and what it will cost
How we help you achieve energy goals
The Kindle Energy team offers a number of services to substantially improve the financial and operational health of existing power generation systems. Our proposed solution is tailored to your needs, and we work with you on your energy puzzle to determine the best solution.
Services we offer:
- Financial capital
- Full suite of operations and optimization
- Reducing environmental footprint of fossil-fueled plants
- Environmental oversight
- Regulatory guidance
- Risk management
- Insurance procurement
- Fuel procurement
- Finance and budget management
- Accounting and cash management
- Treasury
- Loan administration
- Property tax administration
Why Kindle Energy? We are up to your challenge!
Many firms can provide you with simple solutions. But what if your challenges are complicated?
Complex challenges are our sweet spot. The more moving pieces that need to be addressed, the more value we are able to provide. We know how to apply our experience. We bring the people, technical and financial resources needed to solve seemingly intractable problems in the energy space.
Access to Capital
A portfolio company of one of the world’s leading investment firms
Development Experts
A team with regulatory, technical and operational expertise
Proven Success
Optimization of more than 135 generating facilities totaling over 65 GW of generating capacity
Valuable Experience
Former senior executives from leading energy companies
How we resolve complex energy challenges
Over the years, the Kindle Energy team members have collaborated with a diverse set of customers, partners, and counterparties. We have achieved a broad perspective through our experience developing, operating and managing power assets as an independent power producer, as well as through our experience working within a range of commercial markets and regulatory environments.
Here are some examples of challenges our team has met:
State Regulatory Solution
Problem:
A public utilities regulatory commission recognized a need to reduce overall capacity cost for in-state ratepayers, while lacking in-state peaking generation to provide capacity resources when needed.
Solution:
Participated in a joint venture with a regulated utility that won 30-year contracts for two peaking facilities with an aggregate capacity of 400 MW (enough to power 320,000 homes). In doing so, our people applied expertise to navigate a lengthy regulatory process – providing evidentiary support for the merits of the project, drafting and submitting testimony during the administrative proceeding, and negotiating commercial terms for the power purchase contracts – as an active collaborator with our utility partner.
Ultimately, the two projects were developed on time and within budget. We then worked with our utility partner to obtain regulatory approval of the rates to be charged under the power purchase contracts based on the verified, acceptable costs to develop each of the projects.
Electric Cooperative Solution
Problem:
A group of electric cooperatives, whose members comprise almost a third of all retail electric customers within the state, faced the impending expiration of their all-requirements electric supply contracts. Additionally, the state adopted net-zero carbon emissions goals forcing the imminent retirement of coal and inefficient gas-powered generation.
Solution:
Working within the state and with the electric cooperatives, we put together a plan to develop a combined cycle gas turbine (CCGT) capable of using 50% hydrogen upon commercial operation. The unit will not only be the cleanest CCGT in the state, but also can be the state’s cleanest generating unit overall if retrofitted to use 100% hydrogen when the technology develops sufficiently. The CCGT will provide the cooperatives and their members with reliable, cost-effective power that allows them to move significantly toward meeting the state’s zero emissions goals.
Let’s work together to meet your goals
Contact our energy professionals and we’ll discuss your unique situation, business goals and how we can become a valuable partner.