São Paulo, São Paulo, Brazil
BACKGROUND SUMMARY: Back to Alupar since Feb.2017, holds the position of Finance Managing Director, responsible for several Generation & Transmission assets with BRL 750 million Annual Revenues and BRL 550 million Annual EBITDA in FYE 2020 (in FYE 2021: BRL 1.4 billion Annual Revenues and BRL 1.1 billion Annual EBITDA). With a vast knowledge in Infrastructure, Power and Oil & Gas Sectors, in previous experiences, spent 8 years at Standard & Poor´s as a Director responsible for Infrastructure, Oil & Gás, Water & Sewage, Project Finance and Pulp & Paper in Brazil and Latin America. Also has more than 8 years of experience as Finance Director, CFO and Investor Relations in Power Companies in Brazil (e.g.: Alupar Investimentos S.A. and Eneva S.A.), with a central expertise in Capital Markets: IPO, M&A and several debt capital markets transactions (US$ 1 billion raised in local capital markets in the past 2 years). With a bachelor degree in Business Administration by FCAP/UPE, Executive MBA by Federal University of Pernambuco, participated in a Master Program in Economics and Finance at Insper, and currently participating in a Senior Executive Program at The Wharton School. RECENT EXPERTISE: 10-year experience as CFO focusing on: Debt Structuring (Debentures, BNDES, Promissory Notes, and others), Debt Management (about BRL 5 billion issued in local markets - debentures; about BRL 3 billion issued only in 2018), Public Offerings - including IPO (Alupar US$ 400 million IPO in 2013), Project Finance, Treasury operations, Mergers & Acquisitions (M&A), Valuation, Investor Relations, Insurance, Accounting and Tax.
Managing Director primarily responsible for 7 operational generation assets totaling 531MW plus 6 operational transmission assets totaling 700Km, with a consolidated P&L of approximately BRL 750 million in Annual Revenues and BRL 550 million in Annual EBITDA (2020 figures). And also responsible for a CAPEX implementation and financing of about BRL 4.5 billion in 6 power transmission (1,300Km) - greenfield projects). After completion, those businesses will generate more than BRL 1.6 billion in revenues and BRL 1.1 billion in EBITDA. MAIN RESPONSIBILITIES: - Provide funding for the greenfield projects through long term debt (issued BRL 3 billion only in 2018). - Bank relationship - Budgeting plan and control - Reporting - Treasury activities - Valuation - Accounting & Tax - Power trading - Etc.
Eneva is a leading company in the Brazilian power sector, with a major fleet of thermopower plants totaling 2.2GW of operational installed capacity. Eneva was the first company to implement gas-to-wire in Brazil with 1.4GW in installed capacity. Main responsibilities: Treasury, Debt Management, Planning, Investor Relations, Structured Finance, Controlling, Accounting, Tax, Valuation. Main Achievements: - Experience and financial leadership in a Company that went through a process of Judicial Recovery (Chapter 11) and succeeded in being out of it in jun/16. - During the ENEVA’s Judicial Recovery, BRL800 million on bank guarantees and BRL870 million on short term finance and were successfully renewed/rolled over. - Initiated and concluded a BRL 1.15 billion M&A transaction to incorporate the natural gas supplier (Parnaíba Gas Natural – PGN), resulting on a vertical integration on the gas-fired thermal power plants. - Insurance program renewal with US$ 3.5 billion in value at risk with international placement and a premium reduction of BRL25 million.
Bolognesi Group operated 1,160 MW of electric generation installed capacity, in which about 70% in thermo power plants, with BRL 3 billion revenues in FYE2014. The Group was recently successful in a regulated auction in Nov'14 to build and operate two LNG-fired thermal power plants from 2019 onwards, totaling more than 2,500MW of new installed capacity.
RELEVANT EXPERIENCE: - Directly responsible for the following areas at the Company: Debt Manangement, Structured Finance, Accounting, Investor Relations, Treasury, Planning, Project Finance and Mergers & Acquisitions (M&A). - Alupar Initial Public Offering (IPO) concluded on April 2013, with a total capital raise of about US$ 400 million on a primary offer. - Structuring of 5 Debentures issuances totaling more than US$ 500 million. - Monitoring the implementation (construction) of some transmission and generation greenfield assets. - Board member of several transmission and hydro power generation subsidiaries of Alupar (TBE, Queluz, Lavrinhas, among others).