Cory Draper
Vice President Commercial Development at Open Mountain Energy- Claim this Profile
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Bio
Michael H.
Cory has proven to be a tremendous asset, often going beyond his job description to support both project and corporate objectives. He is reliable, fearless, intelligent, and anxious to learn; qualities that he has leveraged to learn new skills, expand into new areas of the business, and add value.
Michael H.
Cory has proven to be a tremendous asset, often going beyond his job description to support both project and corporate objectives. He is reliable, fearless, intelligent, and anxious to learn; qualities that he has leveraged to learn new skills, expand into new areas of the business, and add value.
Michael H.
Cory has proven to be a tremendous asset, often going beyond his job description to support both project and corporate objectives. He is reliable, fearless, intelligent, and anxious to learn; qualities that he has leveraged to learn new skills, expand into new areas of the business, and add value.
Michael H.
Cory has proven to be a tremendous asset, often going beyond his job description to support both project and corporate objectives. He is reliable, fearless, intelligent, and anxious to learn; qualities that he has leveraged to learn new skills, expand into new areas of the business, and add value.
Experience
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Open Mountain Energy
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Geothermal Electric Power Generation
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1 - 100 Employee
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Vice President Commercial Development
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Sep 2022 - Present
Supports all project development activities and is ultimately responsible for: business development strategies, capital project budgets, critical initiatives and programs, project acquisitions and originations, project financing, tax equity and long-term debt, pre-construction project management (including permitting, interconnection and transmission, PPA, and real estate), project financing for drilling and other construction related ventures, developing network of independent engineers and other third party consultants required for project finance, and regulatory compliance.
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Manager of Finance & Business Operations
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Apr 2016 - Sep 2022
Lead functions related to establishment and upholding of FP&A models, delivering reports and annual performance for each plant and company on consolidated basis. Administer several facets of financing for multiple projects with a collective worth of $202M in collaboration with three major lending institutes. Authenticate information received by regularly liaising with various stakeholders, such as independent engineers, lenders, insurance consultants, Title Company, transaction counsel, Cyrq stakeholders, and financial advisors. Collaborate with Title Company and independent engineers to offer exceptional support. Coordinate construction requisition process, while engaging with lender for projects costing payments.
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Cost & Schedule Analyst
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Oct 2011 - Apr 2016
Directed end-to-end functions surrounding management of IT Infrastructure and outsourced services. Transformed company’s data onto cloud-based file storage program through sustained systemization. Supported project cost accounting to improve efficiency by restructuring entire general ledger code structure. Offered exceptional support in completion of Chapter 11 Restructure with Cyrq Energy (formerly Raser Technologies) by providing assistance in legal analysis, evolution process, and financial reporting.
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Raser Technologies
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United States
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Utilities
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Purchasing Agent
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Sep 2008 - Oct 2011
Nurtured professional relationships with new suppliers to enhance engagement by organizing meetings/presentations, as well as negotiating payment terms. Devised and deployed action plans to attain annual financial objectives project accounting codes for Raser’s geothermal project by delivering assistance in reporting project’s budget to actual costs, budget forecasting for various projects. Engaged and collaborated cross-functionally with project managers and accounting department by assisting project managers to keep in compliance with accounting policies. • Minimized ongoing expenses by executing various potential deals during renewable energy facilities drilling process. • Yielded positive impact on costs and customer services by establishing and maintaining robust and reliable relations with plant managers and vendors.
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Education
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University of Phoenix
Bachelor of Science Business Management and Finance, Business Management & Finance -
Utah Valley University
General Education -
American Fork High School