Parag Soni

Parag Soni is a Director with Navigant Consulting.  Mr. Soni’s primary focus includes: Power Project development, Procurement of large scale generation and storage projects on behalf of large utility clients, Regulatory compliance, and legislative advocacy.  Over the last year and half Mr. Soni has been engaged with the Combined Heat and Power (“CHP”) Association on developing the concept of a white paper analyzing the different regulatory environments for CHP as well as an analysis region by region looking at the potential benefits of CHP in helping states to  meet their energy objectives.   During the past fifteen years, Mr. Soni has assisted clients in procuring over 3,000 MW of generation (including co-generation), transmission, renewable energy facilities, and renewable energy credits (RECs). Over the past 10 years he has focused in primarily on large scale renewable projects and large grid scale storage projects.   Some of those large scale project include:  2100MW wind development project on behalf of Pathfinder Renewables (Wyoming), 1200MW Compressed Air Energy Storage Project (Utah), Off-shore wind development in New York State.  He is also assisting the San Diego County Water Authority and the City of San Diego on conducting a commercial feasibility assessment of a 500MW pumped storage project located in San Diego.     He has also advised his clients on a wide variety of Financing issues related to Sovereign, corporate and project finance including:   Debt issuance, Project financing structures, Review of Financial systems among other issues.  Prior to Navigant, Mr. Soni worked extensively in the European Electricity markets based in London with Price Waterhouse’s Project Finance and Utility Group advising European utilities on a wide range of issues including: Privatization, Strategy, Mergers and Acquisitions, Project Finance, Generation diversification among other issues.  Prior to Price Waterhouse, Mr. Soni’s was a manager at the International Finance Corporation (Privatization and Financial Advisory Group) (a division of the World Bank) responsible for private sector investment in developing countries.