Retail Energy Vet Named Power Marketing Exec At Renewable Energy Developer

Intersect Power announced that Tammy Nikoltcheva has joined its executive team as a partner responsible for all power marketing, including the origination, negotiation and structuring of all energy and renewable energy credits (RECs) sales to the company’s customers across North America.

Intersect Power is a renewable energy development company focusing on utility-scale power, and serving wholesale customers and markets

Nikoltcheva brings more than twenty years of experience in power generation, energy trading and renewable energy industries. She previously held senior positions at TerraForm Power, the energy trading divisions of Goldman Sachs and Bank of America Merrill Lynch, and began her career at Calpine.

Specifically, Nikoltcheva was previously Vice President, Commercial Strategies and Risk Management at TerraForm Power. During her tenure at TerraForm Power, she led a team responsible for hedging the renewable energy credits generated by the portfolio, re-contracting expiring Power Purchase Agreements, scheduling the generated electricity into the daily markets, and overall commodities risk management activities.

Before TerraForm, Nikoltcheva spent nine years at the energy trading divisions of Goldman Sachs and Bank of America Merrill Lynch in both Houston and New York. There she was responsible for executing commodities transactions with independent power producers, utilities, load serving entities and renewable energy firms. At both banks, she worked closely with the investment banking teams on buy/sell transactions or hedge supported refinancing efforts.

Nikoltcheva started her career in the power industry at Calpine, where she led the national accounts structuring efforts, and was responsible for negotiating commodity transactions supporting capital raises during that period. As Director, Structured Products at Calpine, Nikoltcheva, among other things, evaluated and negotiated power and gas transactions for the sale of electricity to industrial customers, utilities, marketers and load aggregators