Mr. Corcoran has over sixteen years of experience of working in and being advisor to major electricity utilities throughout Europe and further a field. His experience spans all aspects of finance and treasury, financial implications of utility regulation and tariff setting, development of financial recovery plans and utility restructuring. Specific experience includes:
Location |
Company |
Position |
Description |
Kingdom of Bahrain |
Ministry of Electricity & Water |
Financial Advisor |
Part of team advising Government of Bahrain on optimum strategic approach to creation of Government owned Electricity and Water Utility. |
Kosovo |
KEK (Electricity Utility) |
Financial Advisor to Management Team |
Preparation of financial rescue plan for state owned vertically integrated electricity utility as part of Turn Around Management Contract. |
Republic of Georgia |
Georgian State Electrical Transmission & Dispatch Utility (GSE) |
Acting CFO |
Full responsibility as Finance Director under World Bank Funded Management Turn Around contract. |
Bosnia-Herzegovina |
Electricity Utilities |
Financial Expert |
Provision of training in capital investment appraisal techniques, financial control and internal audit. |
Cyprus |
Electricity Authority of Cyprus |
Project Manager |
Unbundling of Electricity Authority accounts and advising on stranded costs as part of the restructuring of the electricity industry in Cyprus and implementation of EU Directives and regulation |
Croatia |
HEP Croatia |
Financial specialist |
World Bank project evaluating proposed rehabilitation of the District Heating Network |
Croatia |
HEP Croatia (integrated national electricity utility) |
Financial Advisor |
EBRD project. Introduction of integrated planning, financial modelling, training in financial/treasury techniques & instruments, restructuring of Finance Department and assistance in strengthening Department role.
World Bank funded project separating district heating business from electricity utility. |
Lithuania |
State Energy Utility |
Financial Advisor |
Treasury review of the State energy company |
Poland |
Polish Power Grid Company (PSE) |
Financial Analyst |
Completion of financial analysis and evaluation of (PSE) and their financial procedures to enable building of corporate investment model.
Presentation and negotiation of financial application to EBRD for funding of power plant in Bieisko-Biala in Poland on behalf of polish Electricity Utility (ZEC). This project required working with both power utility senior management and officials of PSE. |
Czech Republic |
MST (Regional Electricity & District Heating company) |
Financial Analyst |
Analysis of existing investment and financial procedures in Czech heat & power utility. Design, preparation, development and maintenance of corporate investment model for this utility. Other work for client included development of capital investment procedures, investment appraisal techniques and introduction of integrated planning. |
Ireland |
ESB (Irish Integrated Electricity Utility): |
Financial Analyst |
Main responsibilities included:
• Development and maintenance of computer based financial corporate models
• Financial controller of Corporate Centre.
• Supporting the corporate planning and management process to ensure that investment and operational decisions are based on sound financial criteria and assessment.
• Development of conceptual approach to transfer pricing in newly restructured Electricity Supply Industry for Distribution, Supply and Transmission businesses.
• Extensive work with consultants to prepare ESB National Grid and ESB Networks for regulation, including development of economic case.
• Development and implementation of financial corporate investment model of electricity/water/sewage utility for Investment in The Gambia.
• Advising the ESB on proposed debt restructuring of investment and Independent Power Plant in UK . |
London , England |
ESBI ( UK ) |
Accountant |
Responsibility for daily operation, development, reconciliation and reporting of all accounting systems. |
