310.809.5064 info@traversellc.com
Client: NRG Energy Inc.
Service: Restructuring, Interim Management

A large international power producer with interests in over 100 power plants with annual revenues of approximately $2.0 billion.

Member of NRG’s Interim Senior Management Team – Responsibilities included:

  • Planning and preparation of all aspects the Chapter 11 filing
  • Execution of post-Chapter 11 reporting activities
  • A lead member of the dispute resolution team, which was responsible to develop strategies, build consensus, and negotiate settlement agreements (disputes resolved totaled approximately $300 million).
  • Interim Management (CFO) of Kendall – Responsible for leading the turnaround efforts of an under performing NRG subsidiary, with $60 million of revenue, secured debt of $500 million and an equity investment of approximately $250 million.