Core Capabilities
Deep expertise across the lifecycle of gas-fired power projects and cross-border energy transactions — from origination through commercial close and beyond.
Incentives & Regulatory Capture
We help clients identify, structure, and monetize government incentives — from U.S. federal tax credits for efficient generation and renewables to Brazilian regulated-market mechanisms — turning policy shifts into measurable margin.
- ✓ Federal & state tax credit strategy
- ✓ ANEEL & CCEE program navigation
- ✓ Efficiency & capacity incentive capture
- ✓ Renewable adoption program structuring
Gas-Fired Power Project Development
End-to-end development of gas-fired generation across North America and Brazil — from concept through commercial operations. We coordinate interconnection, permitting, financing, and off-take strategy so projects reach COD on schedule and on economics.
- ✓ Origination & site selection
- ✓ Interconnection & permitting
- ✓ Off-take & project financing
- ✓ Commercial operations handoff
Contract & Transaction Strategy
We structure and negotiate the agreements that carry real financial risk — PPAs, tolling arrangements, ISDA masters, and power hedging strategies — so credit, dispatch, and price exposure are allocated where they belong.
- ✓ PPA & tolling structuring
- ✓ ISDA master agreement negotiation
- ✓ Power hedging strategies
- ✓ Utility & industrial off-take contracts
Brazil & International Market Entry
Brazilian electric energy generation and regulation is a specialty — the ACR/ACL split, CCEE settlement, and evolving reform agenda all reward experienced navigation. We also support entry into other LatAm and European power markets.
- ✓ ANEEL / CCEE regulatory analysis
- ✓ Government & stakeholder relations
- ✓ ACR & ACL contracting strategy
- ✓ European power market navigation
Built for Complexity.
Designed for Results.
P&L Energy partners with organizations facing high-stakes power decisions. Whether you're a utility running a competitive procurement, an industrial off-taker managing exposure to volatile power prices, or a developer entering the Brazilian market — we bring the transaction experience and regulatory fluency to close deals that survive contact with the market.
Prudent business development is what separates projects that reach COD from projects that stall. We help clients pressure-test assumptions, capture available incentives, and structure deals so the P&L still works after the rules change — because in energy, they always do.
The People Behind the Work
Experienced practitioners who have signed the contracts and delivered the projects — not advisors looking in from the outside.
Philip Herold
Philip brings decades of hands-on experience structuring power transactions and developing gas-fired generation across North America, Brazil, and international markets. He leads client engagements and is directly involved in every deal P&L Energy touches.
Why P&L Energy
The important deals in power don't close in a boardroom alone. They require navigating ISOs, regulators, off-takers, lenders, and government stakeholders — often simultaneously, often across borders, often while the underlying rules are still moving. That's where we operate.
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 and structured so it holds up.
Large-scale power transactions and multi-year development programs — not just advisory memos.
From ERCOT and PJM to Brazil's ANEEL and CCEE to European power markets — we know the rules in each.
Tight timelines, volatile spark spreads, complex counterparties — we perform when the stakes are highest.
