Solving Energy's Most Challenging Problems

We work with utilities, industrial clients, and energy companies to structure deals, develop power projects, and negotiate contracts that deliver results — at scale, across borders, and under pressure.

Abstract energy infrastructure visualization — high-voltage transmission towers, glowing power lines, and a map of No...
North America & Brazil
Project Development Footprint
PPAs · ISDA · Hedging
Transaction Expertise
LatAm · Europe · Beyond
International Markets
What We Do

Core Capabilities

Deep expertise across the full lifecycle of energy projects and transactions — from origination to commercial close.

Government Incentives & Clean Energy Programs

Extensive experience helping clients identify, structure, and capture government incentives for energy efficiency improvements and the adoption of renewable energy technologies — turning policy into bottom-line advantage.

  • Federal & state tax credit strategy
  • Grant & subsidy program navigation
  • Energy efficiency incentive capture
  • Renewable adoption program structuring

Power Project Development

End-to-end origination and development of power projects across North America and Brazil — from concept through commercial operations. We navigate permitting, financing, and off-take strategy to bring projects to life.

  • Project origination & site selection
  • Permitting & regulatory coordination
  • Off-take & financing strategy
  • Commercial operations handoff

Contract & Transaction Strategy

Expert in structuring large, complex transactions — PPAs, utility contracts, ISDA negotiations, and commodity hedging strategies. We protect your interests and maximize deal value at every step.

  • PPA structuring & negotiation
  • ISDA master agreement support
  • Commodity hedging strategies
  • Utility & industrial contracts

International Market Entry

Deep experience in emerging markets across Latin America, Europe, and beyond — navigating regulatory frameworks and government relations to deliver results where others can't.

  • Regulatory framework analysis
  • Government relations strategy
  • Brazil & Latin America markets
  • European market navigation
Modern energy control room with large digital displays showing power grid maps of North and South America, profession...
Who We Serve

Built for Complexity.
Designed for Results.

P&L Energy partners with organizations facing high-stakes energy decisions. Whether you're a utility navigating competitive procurement, an industrial client managing exposure in volatile commodity markets, or a developer breaking into a new geography — we bring the experience and relationships to get deals done.

We also have extensive experience helping clients identify and leverage government incentives for energy efficiency improvements and the adoption of renewable energy — maximizing the financial return on every project.

Utilities
Procurement, PPAs, regulatory strategy
Industrial Clients
Hedging, supply contracts, cost strategy
Energy Companies
Project development, market entry
New Market Entrants
International navigation & strategy
Our Team

The People Behind the Work

Experienced practitioners who have done this work at scale — not advisors looking in from the outside.

Philip Herold

Philip Herold

Managing Principal
Power Development Latin America Transactions

Philip brings decades of hands-on experience structuring energy transactions and developing power projects across North America, Brazil, and international markets. He leads client engagements and is directly involved in every deal P&L Energy touches.

Our Approach

Why P&L Energy

Energy's most important deals don't happen in boardrooms alone. They require navigating regulatory bodies, government stakeholders, counterparties, and financial structures — often simultaneously, often across borders, often under pressure. That's where we thrive.

We are practitioners, not generalists. Every engagement is led by people who have been in the room, signed the contracts, and delivered the projects. We don't hand you a report — we help you get the deal done.

⚡ At Scale

We've structured large-scale transactions and multi-year development programs — not just advisory memos.

🌎 Across Borders

From ERCOT to Brazil's ANEEL to European power markets — we know the rules of the road in each jurisdiction.

🔥 Under Pressure

Tight timelines, volatile markets, complex counterparties — we perform when the stakes are highest.

🎯 Outcome-Focused

Our success is measured by yours — closed deals, completed projects, and market positions that deliver returns.

Ready to talk about your next deal?

Whether you're evaluating a project, structuring a transaction, or entering a new market — P&L Energy is ready to engage. Let's find out what we can do together.

Decatur, GA  ·  herold.org  ·  Serving clients across North America & beyond