Experience the Difference
Founded in 2001 by Gregory Martinsen, Power Development Partners has worked with numerous utility
and IPP clients to help them divest assets that no longer make an adequate
contribution to their portfolio's. We have
become highly specialized in understanding the value of an asset and the
importance of finding the right buyer
for an asset. There is a perfect buyer for every asset and the challenge is to find the
We have worked with numerous utilities, IPP's, equity funds and income trusts in order to
optimize the value of an asset by finding the buyer whose portfolio can
optimally benefit from the assets contribution.
This approach optimizes the value of any asset for both Seller and Buyer in any
transaction. Sellers get an optimized
price for their non-conforming asset and Buyers get to negotiate for an asset
that is immediately accretive to their portfolio.
founded Power Development Partners, Inc. in 2001 and serves as the
President/CEO. He has been actively
involved in the development, financing and acquisition of power generation
facilities for numerous clients in the US
He has 35 years of experience in the energy industry providing business
and financial consulting services to industrial and utility clients.
Prior to founding Power Development Partners, Mr. Martinsen was Vice
President of Project Development at Primary Energy Inc. (a Nisource subsidiary)
where he was responsible for development of both power plants and integrated
industrial energy facilities. In
1998, Greg founded and was Vice President and General Manager of Unicom Power
Holdings, Inc., a wholly owned subsidiary of Exelon Corporation, a Chicago-based
regulated utility with un-regulated subsidiaries.
Robert P. Mattis - Associate
Robert Mattis was previously Senior Vice President of
Project Finance at Access Industries in New York
where he was responsible for acquisitions of both power plants and integrated
electric utilities in North America and Europe.
Mr. Mattis was Senior Vice President of PBC Capital, a wholly-owned
subsidiary of Palmer Bellevue
Corporation, a Chicago-based regulatory and financial consulting firm.
He held the position of Assistant Vice President at Westpac Banking
Corporation where he was responsible for the marketing of financial services to
independent power companies and unregulated utility subsidiaries.
Mr. Mattis was responsible for a $300 million portfolio of cogeneration
projects based in several Westpac offices in the U.S.
Mr. Mattis has extensive experience in the areas of project finance,
marketing, and project management.