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Western States Power, llc

Fifth yr -$31mill EBITDA business providing on-site cooling, heating, power (CHP) with load management and selling grid services

  • Stage Full Product Ready
  • Industry Industrial/Energy
  • Location Rocklin, CA, USA
  • Currency USD
  • Founded July 2003
  • Employees 3

Company Summary

WSP estimates a fifth yr $31 million EBITDA with a margin of 55% from a cooling, heating, and power business (CHP) with load management and utility ancillary services at power prices 10 - 20% lower than utility power. The target market is where interest in reducing costs is critical to the survival of the business. WSP projects CHP installations over five years totaling 50 MW in total market estimated as 4,000 MW

Team

  • Default avatar
    Paul Eichenberger, P.E.
    Managing Partner

    Managing Partner; Experience includes solar re-seller, project marketing and development, contract negotiations, natural gas exploration and supply, engineering, rate development, budgeting and power forecasts. Previous titles: V.P. Western Region fuel cell Company; Investor/Municipal Utility as Director, Assistant Director, Div. Mgr., Supervisory Power Contracts and Distribution Planning and a Registered Professional Engineer

  • Default avatar
    Steve Oldham
    Advisor

    Former President/CEO of SureWest Communication from Jan 2006 to June 2012; led growth initiatives to proactively transition the company to a full-service Internet, TV and telephone provider offering superior broadband services in the Sacramento region and expanding its broadband network into the Kansas City area. 27-year career with Sierra Pacific Resources retiring as senior vice president, energy services in 2002; Sr Adv Battle Gp

  • Default avatar
    Scott Sommers
    Advisor

    SureWest Communications vice president/treasurer 2006 to 2012 responsible for cash management, investor, banking and financial institution relationships, directing the planning, procurement and investment of funds and instrumental in setting the Company’s strategic direction and identifying growth opportunities. 20 years of executive banking and finance experience with Cantor Fitzgerald (LA), Mellon Financial Group, KBC and UBS

  • Default avatar
    Tim Berg
    Advisor

    25 years experience in the electric and telcom utility. He was Director of Strategic Initiatives and VP of Sierra Communications while at NV Power. He has extensive experience in the Investor/Municipal utility industry. He was a project developer for a Fortune 1000 construction company.