Colectric Partners names trio of top executives


JACKSONVILLE, FL, Feb. 20, 2002 — Colectric Partners, an incorporated, not for profit company created to help public utility companies become more competitive, today announced the appointment of its top three executives.
Robert C. Alder will serve as president & chief operating officer; Curt Staley as vice president & director of operations; and Frank Michel as director of combustion turbine projects.

Collectively, the three executives bring more than 75 years of experience to Colectric. The new company’s mission is to maximize and leverage the collective physical, financial and intellectual assets of all of its member utilities in order to help them become more competitive.

“There is a history of success between these four public power utilities – in 1997 we collectively launched The Energy Authority, which conducts fuel and energy trading on behalf of all four utilities. Building on this success and the lessons learned, we came together again last year to create Colectric Partners, Inc.,” according to Jon Eckenbach, chairman of Colectric’s board of directors and JEA vice president. “Colectric will achieve economies of scale in a wide spectrum of services throughout the energy supply chain. We expect broad participation from public power organizations who want to achieve cost-savings throughout the supply chain.”

Robert C. Alder joins Colectric after more than 24 years at Parsons Energy and Chemical Group and a predecessor company, Gilbert/Commonwealth where he was vice president. Alder brings more than 30 years of diverse power industry experience including a variety of project management, business development and senior management roles.

Prior to joining Gilbert/Commonwealth, Alder worked for Pacific Power & Light Company as a results engineer, shift supervisor and maintenance supervisor. He began his career with Wisconsin’s Department of Natural Resources, responsible for Air Region Management, after graduating from the University of Wisconsin with a degree in Mechanical Engineering.

“Although being CEO of a start-up is challenging, I am convinced that Colectric is the right idea at the right time,” Alder said. “With all of the changes in the industry, public power needs a vehicle for sustaining competitiveness through collaboration. Colectric Partners will galvanize the physical, intellectual and financial resources of each of its members to benefit the entire group and all of their customers.”

Colectric’s vice president and director of operations will be Curt Staley. Staley has more than 25 years of experience in major power project engineering, construction and management, including over 15 years of energy related consulting, business and project development experience. Most recently, he was vice president of international construction for Sithe Energies, Inc., in New York City. He has also held a host of other senior management positions with various owner and contractor companies including U.S. Generating Company and Bechtel Power Corporation. Staley earned his bachelor’s and master’s of science degrees in engineering from the University of California in Berkeley.

“The power market is changing and public utilities will need to change too if they plan to stay competitive,” Staley said. “By employing state-of-the-art engineering, design, project management and construction technologies, Colectric will help its members develop and deliver the most cost-effective, environmentally responsible power generation, transmission and distribution systems and other energy infrastructure initiatives.”

Frank Michel joins Colectric from Raytheon Engineers & Constructors in Princeton, N.J. In his new role as project director, Michel will be responsible for the overall management, including profit and loss accountability, of two 515 MW combined cycle electric generation stations. He adds more than 25 years of experience in consulting, project management, organizational management, business development and engineering for the electric energy market to the senior management team at Colectric. Prior to his position at Raytheon, Michel worked for R.W. Beck and Associates and Ebasco Services, Inc. He received a bachelor’s in mechanical engineering and a master’s in nuclear engineering from Georgia Institute of Technology. He is currently a member of the American Society of Mechanical Engineers.

“Colectric is a great solution to the problem public utilities are facing today of increased competition caused by the growth of for-profit utilities,” Michel said. “By working together, public utilities can be stronger and more efficient – and our goal is to make sure that happens.”

About Colectric Partners

Headquartered in Jacksonville, Fla., Colectric Partners is a member-owned collaborative business that helps America’s public power industry maximize their collective buying power and leverage best practices models while minimizing costs and reducing financial risks. Originally called Power Partners and founded in 2001 by four charter members (JEA, Municipal Electric Authority of Georgia, Santee Cooper and Nebraska Public Power District), the company provides unprecedented assistance, information and purchasing leverage related to the development, project management, operations and maintenance areas of their electric generation, transmission, distribution, gas and infrastructure facilities. Colectric is located at 76 South Laura Street, Suite 1500, Jacksonville, Fla. 32202, telephone number is (904) 360-1332. The Web site is www.colectric.com.


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