ORENCO Hydropower Expands Team in Business Development, Project Engineering and Financial Analysis, and Regulatory Support

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ORENCO Hydropower has announced four new additions to its team: John Eastwood and Mike Boismenu in business development, James Holeman in regulatory support, and Jake Cornelius in project engineering and financial analysis.

ORENCO Hydropower has announced four new additions to its team in the areas of business development, project engineering and financial analysis, and regulatory support. The company’s expansion follows a year of strong business gains in 2012, which saw contract awards for the Lewiston Powerplant Replacement for Trinity Public Utilities District, Weaverville, California, and the Whitman Lake Hydroelectric Project for Ketchikan Public Utilities, Alaska. In addition, Konohiki Hydro Power, LLC (a subsidiary of ORENCO Hydropower and Kauai-based renewable energy developer Pacific Light & Power, Inc.) received a Small Conduit Hydroelectric Exemption from the Federal Energy Regulatory Commission (FERC) for the Pu‘u Lua Reservoir Hydropower Project on Kauai, Hawaii.

Commenting on the new members of the ORENCO Hydropower team, Vice Chairman Mark Matousek said: “We are very pleased to welcome these talented professionals to our team. We are confident their diverse skills, experience and expertise will give added depth to our company and carry us forward with even greater momentum and results.”

Here are the new members of the ORENCO Hydropower team:

JOHN EASTWOOD is focused on new business development efforts for ORENCO Hydropower equipment sales. Mr. Eastwood is the Executive Chairman of SunLink Corporation, which he founded in 2004 to commercialize the proprietary SunLink modular mounting system developed by his prior company, Eastwood Energy. Over the course of his career, he has accumulated 50 years of alternative energy experience as the founder of over seven start-ups in hydro, wind, high-speed fly wheels and solar, focused on product development, sales and all aspects of project financing. Among these companies, his roles have included founder of Eastwood Energy, a company initially focused on wind and hydroelectric technologies that turned its core mission to solar in 2002; co-founder and non-executive Chairman of Solar Power Partners (SPP), a firm focused on project financing for solar projects using power purchase agreements (PPAs) (now part of NRG Solar); co-founder and, over the course of his tenure, CEO, COO, and Special Advisor to the President of energy storage technology company Trinity Flywheel Power (which later became AFS Trinity Power Corporation); co-founder and Chairman of Peak Power Corporation, developing modular pumped storage facilities with capacities of approximately 100 MW; President of John Eastwood Associates, Inc., developing and managing small hydro projects; and co-founder and President of Bering Electric Company, successfully introducing Russian hydroelectric generating equipment to the U.S. market.

JAMES HOLEMAN provides the company with regulatory support. He has more than 36 years of experience in management of hydroelectric relicensing projects under various licensing processes; planning; wildlife biology; and public involvement programs and facilitation. He has been a key management and supervisory member of multidisciplinary teams focused on preparing pre-relicensing strategic plans, Pre-Application Documents (PADs), Initial Consultation Documents (ICDs), and License Applications. He has organized and participated in consultations with interested parties (including local, state, and federal agencies, Native American tribes, non-governmental organizations, and the public); planned and conducted public meetings; and successfully engaged stakeholders in relicensing proceedings. His responsibilities also have included managing multi-year contracts with multiple consultants supporting staff in study plan development, implementation, document preparation, and agency consultation. In addition, he was involved in the preparation of applications for new license, which included managing project authorizations up to $19 million. He has responded to post-filing comments and inquiries from the Federal Energy Regulatory Commission (FERC), agencies, and stakeholders, and developed implementation plans for the new license conditions. More recently, he managed or participated in the preparation of seven National Environmental Policy Act (NEPA) documents for FERC. He has managed or is currently managing the preparation of California Environmental Quality Act (CEQA) documents under the direction of the California Water Resources Control Board for water quality certification of hydroelectric projects.

MIKE BOISMENU pursues business development on the East Coast. Mr. Boismenu has 43 years of experience in the power industry. He spent 31 years with Niagara Mohawk where he supported the design and engineering of the Nine Mile Point Nuclear Station, the upgrade of the bulk power system, the upgrading and modernization of the hydro fleet, the engineering of a variety of air quality control systems and the installation of distributed control systems for the company’s fossil fleet. In the Engineering Department, his responsibilities included detailed design, engineering, project management, engineering supervision and multi-disciplined department management. With Niagara Mohawk’s transition to deregulation, Mr. Boismenu became Plant Manager of a large coal fired power plant; under his leadership the plant’s overall performance improved while its operating cost were significantly reduced. In 1999, after the majority of the Niagara Mohawk fossil fleet was purchased by NRG Energy, he led the successful transition of the former Niagara Mohawk workforce to the new unregulated generating industry under NRG. As Plant Manager of the Dunkirk Generating Station, performance continued to improve and was continually recognized as one of NRG’s best performing assets. Prior to his retirement from NRG in 2003, Mike led the Mid-Atlantic and New York Regions as Regional Director, where he was responsible for the safety, performance and cost controls for assets within each region. Since then, he has continued to support the power industry as an independent consultant, utilizing his past experience to support a variety of operational and organizational assessments.

JAKE CORNELIUS provides project engineering and financial analysis. He graduated from Stanford University in 2006 with a degree in mechanical engineering, and received a master’s degree in Engineering for Sustainable Development from Cambridge University. Coursework in these programs centered on core engineering topics, but also included financial analysis, energy policy and business strategy. Mr. Cornelius’ interest in hydropower goes well beyond professional to personal: he is a world-class rowing champion with national and international results to his name, and is now coaching part-time at Stanford. In summer 2012, he participated in the Olympic Games in London, England, where he competed as a member of the United States rowing team and finished fourth. While training full-time for the Olympic Games over several years, Mr. Cornelius established Milestone Academic Counseling, a successful educational services business; worked for New Jersey Solar Consulting as a lead solar energy analyst; and was a sustainability consultant at Princeton University.



ORENCO Hydropower, Inc. develops small hydropower generation assets at existing dams and waterways that are low-cost and low-impact. The company assembles and manages a portfolio of hydro projects; and provides engineering, equipment procurement and financing for ongoing projects. Products and services include end-to end development of 1 MW to 50 MW hydropower projects; resale and integration of reliable Chinese turbines and generators to other hydro developers – at significant cost advantages; and partnering with small hydro developers to provide project financing and support.

Founded in 2010, ORENCO Hydropower brings together experts in hydro asset design and development, power markets, licensing and business strategy. In addition, key venture partners provide project financing. Based in Palo Alto, California, ORENCO Hydropower builds upon the expertise, experience and international business relationships of ORENCO, Inc., begun in 1979.

For more information, please contact ORENCO Hydropower by telephone at 650-475-4403, by email at info(at)orencohydro(dot)com or online at http://www.orencohydro.com


For more information, contact:

JILL TURNER, Rodin & Shelley Associates Public Relations
Phone/Fax: 415-346-7300     Email: jillturnerpr(at)gmail(dot)com
MARK MATOUSEK, Vice Chairman, ORENCO Hydropower
Phone: 650-475-4403     Email: mmatousek(at)orencohydro(dot)com

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Jill Turner
Rodin & Shelley Associates
(415) 346-7300
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