PwC US Names Jeremy Fago US Power & Utilities Deals Leader

NEW YORK, June 28, 2013 /PRNewswire/ -- PwC US today announced that Jeremy Fago has been appointed US Power & Utilities Deals Leader, responsible for overseeing a team of professionals focused on assisting power and utilities clients with acquisitions, divestitures, and capital raising efforts, from strategy to execution, including valuation, restructuring, diligence, capital markets and accounting advisory, structuring, and integration. Fago succeeds John McConomy in this role, who is retiring after 17 years with PwC.

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"Jeremy is a proven industry leader with two decades of strategic, financial analysis, and business planning experience. His leadership is a key asset to our power and utilities clients that are considering or in the process of a deal," said David Etheridge, PwC's US Power & Utilities Leader.

"We would also like to thank John for his leadership and his many contributions to our power and utilities clients. John's tremendous track record and commitment to developing the next generation of leaders like Jeremy has been critical to our success," added Etheridge.

Fago focuses primarily on valuation and finance in the merchant energy, regulated utility and biofuels industries. His experience includes business and financial diligence, corporate and project valuation, corporate and project finance and debt restructuring, M&A, cash flow and earnings forecasting, capital markets research and analysis, and financial modeling.

"The U.S. power and utilities industry is facing considerable challenges including environmental compliance pressures, load growth considerations and the low price of natural gas − all of which are likely to spur significant M&A opportunities in the future," said Fago. "PwC has deep experience and capabilities in the deals space, and I look forward to leading the Power & Utilities Deals team in helping our clients navigate the deal process, from strategy to execution to capturing value post deal."

Before joining PwC in 2010, Fago was a Member of Management and head of the Energy Capital Markets practice for a global consulting firm, where he led and managed the practice in the delivery of insight driven industry and financial advice to its clients. Prior to that, he served as CFO and VP of Administration for an energy software and consulting company, where he helped lead the restructuring and sale of the company. Fago also served as Senior Financial Analyst with a global energy production, transmission and distribution company, responsible for providing analyses and support during mergers and acquisitions, divestitures, project and corporate financing and corporate financial planning.

Fago holds a B.A. in business administration, with an emphasis in accounting, from Hastings College in Nebraska. In addition to his client work, Fago is a frequent speaker at key power and utilities industry events. He is based in San Francisco.

About the PwC Power & Utilities Practice

PwC provides assurance, tax and advisory services to the power and utilities industry. Using deep industry experience, PwC helps top power and utilities companies gain operating efficiencies across the business value chain, from fiscal integrity and regulatory issues to increased customer service and talent management.

PwC's Deals practitioners help corporate and private equity executives navigate transactions to increase value and returns. In today's increasingly daunting economic and regulatory environment, our experienced M&A specialists assist clients on a range of transactions from smaller and mid-sized deals to the most complex transactions, including domestic and cross-border acquisitions, divestitures and spin-offs, capital events such as IPOs and debt offerings, and bankruptcies and other business reorganizations. We help clients with strategic planning around their growth and investment agendas and advise on business-wide risks and value drivers in their transactions for more empowered negotiations, decision-making and execution.  We help clients expedite their deals, reduce their risks, capture and deliver value to their stakeholders and quickly return to business as usual.  Our local and global deal strength is derived from our deal professionals in 35 cities in the U.S. and across a global network of firms in 75 countries.  In addition, our network firm PwC Corporate Finance provides investment banking services within the U.S.  For more information, visit www.pwc.com/us/deals.  

About PwC US
PwC US helps organizations and individuals create the value they're looking for.  We're a member of the PwC network of firms in 158 countries with more than 180,000 people.  We're committed to delivering quality in assurance, tax and advisory services.  Tell us what matters to you and find out more by visiting us at www.pwc.com/US.

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SOURCE PwC US