Section 1 : Where We've Been in A Year: Global and National Perspectives
Tom Halbouty has recently retired after 17 years of service as Vice President, Chief Information Officer and Chief Technology Officer for Pioneer Natural Resources. Tom served as an advisor to the Council on Competitiveness in Washington, D.C. regarding sustainable energy policy and next generation manufacturing for 7 years.
Tom also vice-chaired the Texas Emerging Technology Fund Advisory Committee for the State of Texas. He formerly served as co-chair of the Texas Nanoelectronics Taskforce for the Governor’s Office. Tom was past vice-chair of Energistics, which establishes software standards for the oil and gas industry. Tom currently serves on the Cockrell School of Engineering Board of Advisors and as a member of the Texas Workforce Investment Council. He is an advisor to DigitalH2O and a mentor to several technology startup firms.
Prior to joining Pioneer, Tom worked in the energy practice at Andersen Consulting (Accenture). He received his Master of Business Administration from the University of Dallas and his Bachelor of Business Administration from the University of Houston.
Global Water Intelligence
Paul Hasler is a North America Editor for Global Water Intelligence, a company based in the UK which provides market analysis and news on the international water industry. His current role involves a focus on the US and Canadian markets, including interests in private finance and unconventional water supply options. After completing a Master’s Degree at the University of Oxford, Paul began working for GWI’s research team in 2014, and has since been involved with a number of market reports including Private Sector Participation in Water, Industrial Water Services & Chemicals, and the recent Global Water Markets 2017. Paul will be relocating to Texas this fall.
Reese Tisdale has an extensive background in industry research, strategic advisory, and environmental consulting in the power and energy industries. Prior to co-founding Bluefield, Mr. Tisdale was Research Director for IHS, a leading research and advisory firm. He also has experience in groundwater remediation and project management for global oil & gas companies and worked as an international market analyst for Thermo Fisher Scientific. Mr. Tisdale was a member of the United States Peace Corp in El Salvador, holds a BS in Natural Resources from The University of the South, Sewanee, and a Masters in Business Administration from Thunderbird: The American Graduate School of International Management. He is based in Bluefield’s Boston, Massachusetts office.
Travis has been part of the Infrastructure Advisory Group in the United States since September 2007. Travis provides advice on PPP and Project Finance transactions on both the public and private side. In particular, he has experience in the water, energy savings / lighting, port, rail, intermodal, social (courthouse) and highway sectors. Travis focuses on commercial structuring of projects and has assisted on all aspects of transactions, including project feasibility, commercial structuring, financial modeling, value for money analysis, and financial closes.
Select Water PPP Experience
■ Aqua America (N/A, Water, Texas, Puerto Rico) – Travis was part of the team advising Aqua America on the potential acquisition of the rights to a water pipeline in Texas. Travis reviewed the financial model of another adviser, suggested changes to the assumptions used in the model, and discussed acquisition structuring options with the client.
■ Consolidated Water (N/A, Water, Arizona/Mexico) – Travis led the financial analysis for the team advising Consolidated Water on a project finance capital raise to fund a desalination plant in Rosarito, Mexico and assisted with the eventual sale of equity in the development company to a private firm.
Additional PPP Experience
■ Michigan Pump Stations – Travis is leading the financial analysis for the Michigan Pump Stations project. The project structure is currently being analyzed by MDOT and a decision on next steps is anticipated for Spring 2016.
■ Michigan Freeway Lighting – Travis led the financial and commercial analysis of the project and was KPMG’s day to day contact for the client. The project reached financial close in August 2015.
■ 36 Project (N/A, Highway, Colorado) – Travis was part of the team advising CHPTE on the U.S. 36 Project in Colorado. Travis was the main financial modeler for the initial feasibility analysis and also assisted with commercial structuring.
■ Long Beach Courthouse ($500m, Courthouse, California) – Travis was part of the team that advised Meridiam on the $500m Long Beach Courthouse Project that reached financial close in December 2010. Travis assisted with model runs and the financial close process.
■ Caltrans Presidio Parkway ($475m, Highway, California) – Travis was part of the bid evaluation team on the Presidio Parkway Project. In this regard, he evaluated one of two submitted bids and helped recommend to the client if the financial model was compliant, and if not, what inaccuracies there were. Travis also assisted with the financial capacity analysis.
■ Florida High-Speed Rail ($2.7bn, Rail, Florida) – Travis was part of the team advising FDOT on the proposed high speed rail project. In this regard, he assisted with financial modeling and project structuring.
■ TxDOT 635 ($2.7bn, Highway, Texas) – Travis was part of the bid evaluation team on the 635 project. He helped evaluate two competing financial models and was mainly responsible for the financial capacity analysis. Travis also assisted the project team leading up to the transaction with financial modeling support and commercial structuring advice.
■ TxDOT I-35E ($2bn, Highway, Texas) – Travis was one of the modelers on the 35E project and worked on the project from 2008 to 2011. Travis participated in numerous meetings, calls, and working groups on how to structure the project and evaluated a number of potential alternatives for project design.