Jeff Starcher
As Chairman of MP2 Energy, Jeff has over 21 years of experience in the Independent Power industry with a wealth of expertise in the areas of Project Development, Project Finance, IPO’s, Structured Finance, Demand Side Management Structured Transactions, Power Plant Operations, Asset Management Origination, Wholesale Origination, End User Sales and Marketing, and SEC Reporting and Accounting.
Prior to co-founding MP2 Energy, Jeff was a Sr. Vice-President at Lehman Brothers and was responsible for originating over 80% of Lehman’s ERCOT based Asset Management book. Prior to Lehman, he was one of the principals and founders of Mpower Energy Services LP and Mpower Retail Energy LP, both of which were ultimately sold to Lehman Brothers. Mpower was the largest independent (non-utility affiliated) Retail Electric Provider in the US. Prior to Mpower, Jeff spent two years in Austin representing Dynegy’s commercial interests in the development of the ERCOT Protocols (the rules of the deregulated power market) and directed two 20 person teams to develop the wholesale and retail systems necessary for Dynegy to participate in the deregulated ERCOT market. Jeff saw the opportunity to more fully utilize the systems that the team built and co-founded Dynegy’s third-party asset optimization business. Jeff was also Dynegy’s business manager for four cogeneration plants in California and Nevada. This experience provided invaluable insight into aero-derivative and Frame based plant operations and optimization side of the power generation business. Earlier in his career, Jeff developed and financed the Indian Queens Project – Destec Energy’s first international merchant power plant (London, England). Prior to that assignment he was based in Paris and co-developed Destec’s largest IPP the Terneuzen Project in The Netherlands.
Jeff’s vision for MP2 Energy is to leverage a uniquely strong team, effectively partner with entities that have assets to monetize and use our insight, experience and talent to structure transactions that capture market inefficiency. With the addition of more renewable generation projects (specifically wind), we see a unique opportunity to develop a specific type of asset that should earn above market returns as well as number of new market entrant that have unique opportunities.
Jeff holds a BBA in Finance and BBA in Accounting from Texas A&M University.