Right Tools

Right Analytics

Right Expertise

With over 75 years of experience in energy

trading and risk management.

ABOUT US

Clone Capital currently provides commercial advisory services, hedge origination and analytics for 13 power generation facilities with a total capacity of 8,000MW of thermal generation and 3,000MW of renewable projects covering five ISOs across the United States.

Our team has over seven decades of experience in the energy markets. We’ve worked for, worked with, and virtually represented active and passive investors, tax equity investors, lenders, power generation owners, public and private sector utilities, energy storage, renewable and thermal generation project developers, trading and marketing organizations, OEMs and EPC contractors, and many more.

We think like you and, most importantly, we understand your portfolio. If your generation project or investment is under-performing, we can show you why and, equally important, what, if anything, can be done from a commercial perspective to reverse this trend.

We believe that optimizing portfolios and evaluating big investment decisions doesn’t have to be overly complicated. The key to maximizing portfolio performance is the right mix of tools, resources and commercial expertise.

We invest all of our experience and energy into delivering positive results and making a difference in your business.

SERVICES

Risk Management

We provide risk management advisory for power generation, natural gas transportation, and storage owners. Our services include asset valuation, risk measurement, monitoring and strategy to maximize the value of our Clients’ assets within their risk profile.

Hedge Advisory

Our hedge advisory service includes daily portfolio valuation updates, real-time market monitoring and hedge advisory to optimize the value of the asset portfolio. We also assist Clients in the hedge execution process with procurement and evaluation of bids, establishing contracts, and analyzing credit risk and margining requirements for hedges.

Hedge Origination Services

We assist Clients who are seeking to evaluate opportunities with the origination, negotiation and execution of PPAs and structured hedges for both existing and proposed renewable and thermal generation projects.

Middle Office Services

We work with Clients to manage their trade management process including managing trade confirmations, settlements, reconciliation, credit reporting and Mark-to-Market reporting.

Mergers & Acquisitions Due Diligence

We assist Clients in the asset acquisition process by providing asset and portfolio valuation services, market intelligence, risk-reward analysis, and identifying strategies to enhance the value of the investments. A comprehensive understanding and pricing of market risk is critical in today’s rapidly evolving energy industry.

Trading Infrastructure

We work with Clients as they build and set up their trading and asset management infrastructure – risk systems, subscriptions, trading platforms, contracts, counter-party introductions, risk policy and controls, as well as other middle and back office processes.

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OUR TEAM

Anand

Balakrishnan

With two decades of commodities experience, Mr. Balakrishnan has spent over 12 years trading gas, power and crude oil swaps and options, as well as five years pricing and managing complex power gas and gas structured transactions, prior to founding a successful energy advisory firm. His experience includes the co-founding of three trading teams involved in FTRs, options, structured power products, gas transportation and storage.

Derrick

Payne

Mr. Payne is a veteran energy commodities professional who has spent the last two decades in wholesale energy markets, holding leadership positions at Deutsche Bank, Fortis, Anadarko and Occidental.

He has extensive experience managing, quantifying, valuing exposure from power generation facilities, natural gas and crude storage, transport and equity production portfolios.

Dean

Akey

Over his 30 years of experience in the power industry, Mr. Akey has held numerous executive-level roles in power marketing/origination, business development, mergers & acquisitions, trading, risk management and operations for investor-owned utilities, IPPs, power marketing companies and original equipment manufacturers, including Tyr Energy, Nordex, Aquila, Illinova and Illinois Power.

Karen

Arokiasamy

Ms. Arokiasamy’s career began in publishing, software development and website development, sharpening her skills in project management, business and technical writing, and client relations.

Ms. Arokiasamy’s path led to Children’s Hospital Association, where she spent over a decade managing peer networking groups for pediatric healthcare executives of all levels – director-level to c-suite – from over 40 children’s hospitals across the US.