SlideShare a Scribd company logo
‘DOING THE DEAL’    ...The role of the developer Brendan McGrath  C.E.O of Gaelectric 1
Gaelectric Holdings Plc  ,[object Object]
 Renewable energy and energy storage
 Active in;    Ireland – North and South              USA – Montana ,[object Object]
 Significant development work being undertaken in the EU & US
 Raised €35m to date – August 08 €25m funding round valued business at €133m2
Business Structure 3
Irish Operations ,[object Object],  87MW with planning by Q3 2010 ,[object Object]
Will be connected to the grid in accordance with government schedule4
Montana Portfolio - largest owner of wind resource   Gaelectric sites Coutts Liberty Tiger Ridge Good Wind Frenchman’s Ridge MATL Excellent Wind Roy Transmission line Green Line Geyser ,[object Object],   on optionality ,[object Object]
 Targeting 1,600MW “shovel    ready” by 2013  ,[object Object]
 Capacity factors +40% Colstrip  500kV Harlowton Kelly Hills Lennep MSTI Chinook
Six Elephants in the Energy Business Story Turbine Supplier Finance State Transmission Utility Regulator ‘Gaelectric’s View of     The Energy Market’  6
The fable of the mouse and the elephant …Harmony in the Forest 7
ElephantsArrival 8
ElephantsCreateHavoc 9
CEOElephantMeetsCEOMouse 10
ElephantsAbideby newProtocol 11
Hunters Arrive‘NewMarketEntrants’ 12
ElephantsSnaredin RedTape 13
MiceCome ToTheRescue 14
ElephantAgreesFutureCo-operation 15
Lessons Learned  ,[object Object]
 Cooperation brings unexpected rewards
 Big is good, but quick is better

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