WILLIAM C. “JACK” SHEEHAN
MANAGING DIRECTOR, FINANCIAL MANAGEMENT GROUP
William C. “Jack” Sheehan, is President, Managing Director of Financial Management Group, a private investment banking, finance, and development advisory firm; He has worked as an investment banker and financial executive for over 25 years, also served as a project developer, treasurer, chief financial officer, and investment banker. Through representation of clients and with NECA he has been a key participant in the deregulation and restructuring of the electric utility market in multiple Northeastern states, including the NEPOOL Congestion Management System Committee, Regional Transmission Planning Committee, Advisory Board Commonwealth of Massachusetts DOER Renewables Portfolio Standards Advisory Board, Massachusetts Renewables Collaborative for Deregulation Legislation, Negotiation of Settlement Agreements with New England Electric Companies, Eastern Utilities Associates and Boston Edison Company, and provided advise on configuration or finance of 3,750 Mw merchant facilities. His firm currently advises on market intelligence for status of Merchant Plants in Development in 12 States including the areas of New England, New York and PJM. He has been involved throughout the US in the financial restructuring of major electric utilities, domestic and international debt and equity financings, joint venture arrangements, purchases and sales of electric generation properties, valuation of viable and troubled projects and portfolios and merchant generation facilities. He has had roles in the siting and the permitting processes of combined-cycle and peaking generation, waste-to-energy, negotiation of 3rd party operating agreements, power purchase contracts, and business partnership arrangements. He has served as advisor and expert witness for electric generators, developers, investment funds, and banks for project related litigation, troubled project, and bankruptcy financial issues. Mr. Sheehan serves on the Board of Directors of Atlantic Orient Corporation, a wind turbine manufacturing company, and on the Board of Directors and President of Emeritus of the Northeast Energy and Commerce Association – a 300 member, 80 corporation energy and environmental association of developers, T&D utilities, energy marketers, end-user, consultant, and generation firms. Mr. Sheehan graduated from the California State University system with a minor in biological science, and holds a B. A. in Management and a Masters of Business Administration.