1. Karl W Miller
Partner at NEAH Energy
kmiller@neahenergy.com
Summary
Mr. Miller is a Senior Business Leader in the Capital Markets and Energy Sector. Mr. Miller Advises, Invests
and holds Board positions with Energy and Industrial companies
Mr. Miller is a energy industry expert with focus on trading, risk management, asset acquisition and overall
management of energy companies in the oil, natural gas and renewable sectors.
Mr. Miller has built, restructured and managed energy businesses for major public energy companies and
utilities on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron
Corporation and JPMorgan Chase.
Mr. Miller's extensive industry skills include:
# Proven leader in the design and implementation of multiple new business initiatives in the electric generation,
natural gas, oil and overall energy sector
# Dynamic implementation and execution of complex acquisition strategies, corporate restructurings,
bankruptcy reorganizations, proxy's, and business development initiatives
# Ability to evaluate, adjust strategy and direction of business initiatives to insure they stay on course to achieve
accretive corporate earnings and other stated objectives
# Demand side management, electricity load shedding, interruptible electricity and fuel supply contracts, and
other complex demand/supply initiatives to load balance transmission grids and achieve energy efficiency
# Experience in management of employees, key vendors, third party contractors and consultants
# Negotiation and relationship management with industry regulators to include various Public Utilities
Commissions (PUC’s), Independent Transmission Grid Operators (ISO’s) and the Federal Energy Regulatory
Commission (FERC).
# Management and responsibility for profit and loss of business units and generating accretive corporate
earnings in conjunction with best practices risk management oversight
# Comprehensive understanding and experience in coordinating inter-company business units to achieve stated
business goals
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2. Specialties
Mr. Miller is an energy industry expert with focus on trading, risk management, power plant development and
overall management of energy companies in the oil, natural gas and renewable sectors. Mr. Miller’s has a
dedicated RSS feed and can be followed at http://www.naturalgasstocks.com/Karl_Miller/ and
http://www.karlwmiller.blogspot.com/
Experience
Partner at NEAH Energy
January 2008 - Present (5 years 4 months)
Newco Energy Acquisition Holdings, LLC (“NEAH”) is an acquisition company formed to opportunistically
acquire energy and energy-related assets and companies and, in some cases, invest in the public or private
equity and debt of such assets or companies, with substantial growth and profit potential.
2 recommendations available upon request
Chairman and Shareholder at ARI Holdings, Inc., Airstreams Renewables, Inc., ENSA North America
October 2010 - August 2011 (11 months)
ARI Holdings Inc., through its subsidiaries Airstreams Renewables, Inc. and ENSA North America, is a
leading vocational training solutions provider committed to delivering compliance, education, certification,
and industrial training to the energy and hazardous duty industrial sectors, with strong ties to the global
energy and industrial sectors.
6 recommendations available upon request
Chairman and Chief Executive Officer at MMC Energy
2002 - 2008 (6 years)
Energy Asset Acquisition Comany
5 recommendations available upon request
Board Member and Shareholder at Newmarket Power Company
September 2004 - January 2007 (2 years 5 months)
Private Power Generation Company
Senior Vice President at PG&E
2001 - 2002 (1 year)
Public Utility
Senior Vice President at Électricité de France (EDF)
2000 - 2001 (1 year)
Public Utility
1 recommendation available upon request
Managing Director at El Paso Energy
1999 - 2000 (1 year)
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3. Public Natural Gas and Oil Producer
Director at Enron
1994 - 1997 (3 years)
Global Energy Merchant and Asset Owner
Proprietary Trader/Portfolio Manager at JP Morgan Chase
1992 - 1994 (2 years)
Public Financial Institution
1 recommendation available upon request
Division of Enforcement Investigator / Derivatives Analyst at US Commodity Futures Trading
Commission
1991 - 1992 (1 year)
Government Regulator
Publications
Renewable Energy Investments Set To Crash
Envirotech & Clean Energy Investor October 2009
Authors: Karl W Miller
The US renewable energy industry is being hindered by unrealistic targets and flawed
financing strategies. Things could already have started to go bad, writes Karl Miller.
Natural Gas: Tying Supply, Demand and Politics Together in the U.S. Economy
InvestorIdeas January 2010
Authors: Karl W Miller
Natural gas is a clean fuel for the U.S. Washington Politicians need to start listening to senior industry
executives to put a credible energy plan in place and focus on investing in America.
Skills & Expertise
Energy
Renewable Energy
Asset Management
Mergers
Private Equity
Due Diligence
Valuation
Corporate Finance
Commodity
Financial Modeling
Project Finance
Venture Capital
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4. Commodity Markets
Financial Analysis
Natural Gas
Hedging
Investments
Financial Structuring
Capital Markets
Investor Relations
Trading
Equities
Cleantech
Asset Managment
Mergers & Acquisitions
Education
The Catholic University of America
B.A., Accounting
University of North Carolina at Chapel Hill - Kenan-Flagler Business School
MBA, Finance
1 recommendation available upon request
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5. Karl W Miller
Partner at NEAH Energy
kmiller@neahenergy.com
16 people have recommended Karl W
"I have known Karl since we were classmates at Kenan-Flagler (UNC). He was a leader in our class and his
emergence as a knowledge expert in the energy field comes as no surprise. In terms of critical thinking skills
and intellectual horsepower, he has few peers. In terms of team building and organizational development
skills, he is inclusive, a great listener, and consistently adds value to the conversation."
— Colin J. McKearnan, Student, University of North Carolina at Chapel Hill - Kenan-Flagler Business
School, was with another company when working with Karl W at NEAH
"I have been working with Karl for the last couple of years and have found him, at all times, to be a superb
business partner who is always very happy to help and advise when needed. I met with Karl over dinner in
London last year and found to have a very good sense of humour too!"
— Ross Hicks, Banking and Finance Advisory Recruitment., Hillman Saunders, was with another company
when working with Karl W at NEAH
"I met Karl when he was Chairman and CEO of MMC Energy, Inc. and Calpine Energy Services had just
entered into an energy management contract with MMC to provide energy management and help with asset
optimization. I found Karl to be personable, smart, and very focused on the bottom line. Karl brings
leadership skills, business acumen, and in-depth knowledge of and experience in the energy industry to any
organization."
— Brett Kruse, Manager, Market Integration Services, Calpine, was with another company when working
with Karl W at Airstreams Renewables Inc
"Karl was the reason I joined MMC - I couldn't pass up the opportunity to work with someone as dynamic
and entrepreneurial, with such a wealth of energy experience. I learned a tremendous amount in my tenure
working with Karl; he's an excellent communicator and never short of ideas."
— John Malone, Vice President, MMC Energy, reported to Karl W at Senior Energy Industry Advisor
"Karl has extraordinary energy sector insight given his very high level work experience. Karl has excellent
judgment and has enjoyed great success in very complex energy transactions. He will add great value to any
energy advisory engagement."
— John Cavalier, Vice Chairman, CIBD/Chairman Global Energy, Credit Suisse, was with another
company when working with Karl W at Senior Energy Industry Advisor
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6. "Karl is an insightful and diligent deal maker in then energy space that focuses on the critical parts of the
transaction to get the deal completed."
— Geoff Roberts, Managing Director, Enron Corp., managed Karl W at Senior Energy Industry Advisor
"Mr. Miller is a bright, energetic and personable leader. His knowledge of the energy field is comprehensive
and includes electricity, oil and gas, and renewables. I have worked with him extensively on projects in the
Western U.S. and give him my unqualified recommendation."
— Steve Churchwell, Partner, DLA Piper, was with another company when working with Karl W at Senior
Energy Industry Advisor
"Karl left a very good impression to me when we worked together. Karl was managing MMC Energy at that
time and we jointly presented the company to investors in Europe. He has always done this in a very
professional and trustworthy matter and I got to know Karl not only as a good manager, but also as a very
nice and reliable person."
— Guido Pickert, Director, Value Relations GmbH, was a consultant or contractor to Karl W at Senior
Energy Industry Advisor
"Karl is a charismatic leader who understands the dynamics of the energy industry from both an operations
standpoint as well as from a macroeconomic/policy level. While working with Karl on various investor
roadshows he demonstrated impeccable presentation skills and an ability to articulate the MMC story very
effectively from from the hip as well. His extensive knowledge of the capital markets is another asset that
obviously helped in that exercise."
— Wil Inscho, Vice President, Barretto Pacific Corporation, was with another company when working with
Karl W at MMC Energy
"I was one of the founding shareholders of MMC Energy. I invested in MMC purely on the reputation and
credentials of Karl Miller, the Company Founder. During Mr. Miller's tenure as Chairman and CEO he
oversaw the transition of MMC from a private energy acquisition company to a public company listed on
NASDAQ and was responsible for acquiring a portfolio of energy assets at significant discounts to market
value and raising substantial capital for the company through private and public offerings, as well as leading
the Company to record profits. I have a tremendous amount of respect for Mr. Miller's energy market
knowledge, global relationships and financial expertise as a senior executive in the energy sector and will
invest with him again in the future."
— Rob Samuels, Owner, Provident Jewelry, W. Palm Beach, Naples, Jupiter and Ft. Myers, was with
another company when working with Karl W at MMC Energy
"I introduced Karl to the energy business in 1994 and not only did he transtion easily into it, he ended up
becoming one of the world's foremost experts on energy policy in America. I've contributed to some major
sucess stories and I would put Karl at the top of the list--Scott Gerson, President at Focus Capital Markets"
— Scott Gerson, President, Focus Capital Markets, was a consultant or contractor to Karl W at MMC
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7. Energy
"Karl Miller, as a frequent contributor, has been a great source of information for our site,
www.investorideas.com . The site visitors and investors that follow energy stocks, turn to his commentary on
a regular basis . His articles are always right on the money, direct and insightful. He is very much a leader in
his thinking; ahead of the curve. Many of his articles have been some of our most read pages on the Investor
Ideas site. For anyone wanting to know and understand the energy sector, I recommend following him."
— Dawn Van Zant, President, founder, Investorideas.com, was with another company when working with
Karl W at MMC Energy
"Karl has always distinguised himself for his great ability to sense the markets. This combined with his deep
knowledge of the energy sector makes him a trustworthy and reliable advisor."
— Daniel Olaechea, DIRECTOR, SOCIETE GENERALE, was with another company when working with
Karl W at MMC Energy
"Karl is a inspiring, deal oriented manager who is leads his team in a very focused manner. He lead a
structured origination team who quickly became a top tier player in the European energy market."
— Ricky Sullivan, Senior Executive, Origination/Business Development, EDF Trading Limited,
London, reported to Karl W at Electricite de France
"“I have known and worked with Karl Miller for over 18 years as a banker, colleague and friend. Throughout
this time Karl has utilized his considerable knowledge of finance and energy markets to solve complex
problems. He has led a wide variety of teams that met lofty goals, achieved significant results and generated
substantial profits. I am confident that many organizations can benefit from Karl's talent as a leader and a
professional.”"
— Peter Kelly, Credit Analyst - Credit Audit Group, Chase Manhattan Corporation, worked directly with
Karl W at Chase Manahttan Bank
"Karl and I were good friends during business school in Chapel Hill over fourteen years ago, and I have
followed his career as a major fan of Karl's energy insights ever since. He is a quality individual of the
highest integrity and character, extremely focused and a driven leader in the global energy sector. He has
truly been a pioneer in the energy sector, having demonstrated time and again his market vision and execution
capabilities both in the United States, Europe and Asia. He has demonstrated his market vision and ability to
convert that insight into an executable and profitable business consistently. He has my unqualified
recommendation as a leader and a person of high caliber and ethical standing."
— Michael O'Flynn, Student, University of North Carolina at Chapel Hill - Kenan-Flagler Business
School, studied with Karl W at University of North Carolina at Chapel Hill - Kenan-Flagler Business School
Contact Karl W on LinkedIn
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