Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 29, 2015 3:22 PM ET

Electric Utilities

Company Overview of Summit Power Group, LLC

Company Overview

Summit Power Group, LLC develops energy projects. The company specializes in carbon capture projects for enhanced oil recovery (EOR), high-efficiency natural gas-fired power projects, utility-scale photovoltaic (PV) solar energy projects, and large wind power projects. It offers services in the areas of development, marketing, finance and investments, asset management, grants and incentives, and regulatory matters. The company also produces industrial products, such as carbon dioxide for EOR, urea for fertilizers, and ammonia. Summit Power Group, LLC was founded in 1989 and is based in Seattle, Washington.

83 South King Street

Suite 200

Seattle, WA 98104

United States

Founded in 1989

Phone:

206-780-3551

Fax:

206-780-3571

Key Executives for Summit Power Group, LLC

Chief Executive Officer and Director
Co-Founder and Chairman Emeritus
Age: 78
Chief Financial Officer and Vice President
Chief Operating Officer
Vice President of Commercial Transactions and General Counsel
Compensation as of Fiscal Year 2014.

Summit Power Group, LLC Key Developments

Summit Power Group, LLC Announces Management Changes

Summit Power Group, LLC announced that it has appointed Jason Crew as chief executive officer and member of the board of directors effective Oct. 6, 2014. Current Summit CEO Eric Redman will assume the role of co-chairman of the board of directors, continuing to focus on the Texas Clean Energy Project (TCEP) and other large priority projects. Crew comes to Summit from General Electric (GE), where most recently he was responsible for the GE Distributed Power Specialty Fuels business segment, focusing on launching technologies for distributed biomass gasification-to-power, integrated systems, and the production of CO2 for enhanced oil recovery.

Summit Power Group Announces Management Changes

The Summit Power Group, LLC announced changes in the responsibilities of certain key leaders on the executive team. Chief Commercial Officer Ann E. Banks has been named Chief Operating Officer, expanding her current role to include responsibility for the overall management and administration of the company with a focus on efficiency and structure for development efforts. Joining Summit in 2010, Ms. Banks brings over 25 years of experience in business development, management, and treasury operations with companies that include Calpine Corporation, Koch Industries, Amoco and several private equity startups. She will continue her key, high-level responsibilities on specific projects such as the Texas Clean Energy Project. In conjunction with the COO appointment, Ms. Banks will also serve on a newly formed Summit Executive Committee. Together the three executives will make decisions related to three key areas of the company: operations, business and project development, and financing. The company also announced that Mr. Dana C. Zentz and Mr. Karl E. Mattes have been promoted to Senior Vice Presidents. Prior to joining Summit, Mr. Zentz founded Inland Energy Consulting. He has specific expertise in pricing, structuring and negotiation of long and short term natural gas and power supply agreements. He currently oversees all of Summit's solar development activities. Mr. Mattes has held positions in a variety of disciplines with more than two decades' experience in the power industry alone. His experience in design, procurement, equipment manufacturing and construction provides a unique skillset for negotiation of the high-level construction and key component contracts for TCEP.

Summit Power Group, LLC Presents at Gasification Technologies Conference 2013, Oct-13-2013 through Oct-16-2013

Summit Power Group, LLC Presents at Gasification Technologies Conference 2013, Oct-13-2013 through Oct-16-2013. Venue: The Broadmoor, Colorado Springs, Colorado, United States. Presentation Date & Speakers: Oct-14-2013, Eric Redman, Chief Executive Officer and President. Oct-15-2013, Eric Redman, Chief Executive Officer and President.

Similar Private Companies By Industry

Company Name Region
New Harquahala Generating Company, LLC United States
Memphis Light, Gas and Water United States
Pointe Coupee Electric Membership Corporation United States
Granite State Electric Company United States
Central Mississippi Generating Company, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Summit Power Group, LLC, please visit www.summitpower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.