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Quantum Energy Partners forms Quantum Utility Generation

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Staff writer | Houston, Tx., USA | September 22, 2010
Quantum Energy PartnersSeptember 22, 2010, Houston, Tx., USA - Quantum Energy Partners announced the formation of Quantum Utility Generation, a power generation company, with Larry Kellerman as chief executive officer.
Sean O’Donnell will serve as Executive Vice President and Chief Financial Officer and Tim Sullivan as Executive Vice President and Chief Commercial Officer.

Mr. Kellerman is an accomplished leader in the power generation sector with more than 30 years of industry experience. Mr. Kellerman has successfully developed, acquired, and managed numerous power generation assets and held senior management positions at Goldman Sachs, El Paso Corporation, Citizens Power and Portland General Electric, after beginning his industry career at Southern California Edison.

Mr. Kellerman recently retired from Goldman Sachs where he was a Partner and the President of Cogentrix Energy, LLC, Goldman Sachs’ wholly owned power generation business.

Mr. O’Donnell spent the past 10 years at J.P. Morgan, where he was a Managing Director and the Head of North American Generation for the Power & Utilities group. In that role, Mr. O’Donnell advised utilities and independent power producers on strategic, financing and restructuring transactions involving dozens of conventional and renewable generation assets.

Mr. O’Donnell previously worked in both J.P. Morgan’s Oil & Gas and Restructuring groups. Prior to his career with J.P. Morgan he was an officer in the US Navy.

Mr. Sullivan has spent over 25 years in the energy sector in both management and principal roles. During his career, Mr. Sullivan has been responsible for the operational, contractual and commercial activities on a variety of generation assets.

Mr. Sullivan has also worked with numerous utilities to restructure long-term electricity off-take and fuel supply agreements in order to reposition, monetize or refinance assets for clients. He started his career at Niagara Mohawk, a utility in upstate New York, and subsequently partnered with Mr. Kellerman during their time together at Citizens Power and El Paso Corporation.

Mr. Sullivan was one of the leaders of the power and natural gas commercial efforts for AIG-Financial Products and was most recently a Managing Director in Deutsche Bank’s commodities group.


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