Daniel DePonte
Chief Operating Officer at RNWBL- Claim this Profile
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English Native or bilingual proficiency
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Bio
Experience
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RNWBL
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United States
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Services for Renewable Energy
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1 - 100 Employee
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Chief Operating Officer
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Jan 2023 - Present
Responsible for supporting the platform that aims to lower the energy burden across renewable energy generation through technology and services. Responsible for supporting the platform that aims to lower the energy burden across renewable energy generation through technology and services.
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NextEra Energy, Inc.
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United States
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Utilities
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700 & Above Employee
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Vice President - Renewable Operations Support Services at NextEra Energy, Inc.
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Oct 2021 - Dec 2022
Responsible for leading the operational and commercial functions of the NextEra renewable energy fleet. Manage the commercial efforts across renewables operations which includes new project build, M&A and 3rd party services. Lead the Renewable Center of Work Excellence to improve financial performance of the renewables fleet through cost and reliability benchmarking, development and execution of maintenance strategies and the planning and execution of major corrective work. Responsible for… Show more Responsible for leading the operational and commercial functions of the NextEra renewable energy fleet. Manage the commercial efforts across renewables operations which includes new project build, M&A and 3rd party services. Lead the Renewable Center of Work Excellence to improve financial performance of the renewables fleet through cost and reliability benchmarking, development and execution of maintenance strategies and the planning and execution of major corrective work. Responsible for Inventory and outside services as well as the Renewable Operations Control center which supports ~65 GW of generation.
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Senior Director - Renewable & Fossil Business Services
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Jun 2019 - Sep 2021
Power generation operating company CFO charged with leading the cost, strategy and commercial efforts across the FPL, Gulf Power, NextEra Energy Resources and NextEra Energy Partners non-nuclear generating fleet. My team manages a $2 BN+ budget which supports 22,000+ MW of fossil, 24,000+ MW of Wind/Solar/Battery storage/Distributed generation as well as covering commercial operations for our customers (business, operational and technical services mainly in the renewables space).
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Director - Oil & Gas Origination
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Mar 2019 - May 2019
Charged with developing and growing customer relationships focusing on Natural Gas, Refined, Crude, Liquids and Renewable & Environmental products.
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Director - Strategic Integration Lead - Infrastructure & Technical Services
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Aug 2018 - Feb 2019
Strategic Integration Lead for Infrastructure & Technical Services supporting the acquisitions of Southern Company Assets (Gulf Power, Florida City Gas and Plant Stanton & Oleander)
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Director - Natural Gas Marketing
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May 2018 - Jul 2018
Charged with developing and growing customer relationships with a focus on physical Natural Gas.
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Director - Catalyst Team - Enterprise Wide Finance
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Jan 2018 - Apr 2018
Catalyst Team covering Enterprise-wide Finance for the annual NextEra Energy Accelerate program.
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Director - Trading Risk Management
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Oct 2012 - Dec 2017
Charged with the direct responsibility of leading all Trading Risk Operations functions (Position Control and Confirmations, Pricing, Risk Reporting and Trade Compliance) covering the unregulated and regulated wholesale and retail businesses. Trading platform consists of Physical and Financial Hub and Basis Energy (Natural Gas, Electricity, Oil, and Renewable products) which spans Proprietary Trading, Origination, Structured products and Load desks. Completed the Leadership for the… Show more Charged with the direct responsibility of leading all Trading Risk Operations functions (Position Control and Confirmations, Pricing, Risk Reporting and Trade Compliance) covering the unregulated and regulated wholesale and retail businesses. Trading platform consists of Physical and Financial Hub and Basis Energy (Natural Gas, Electricity, Oil, and Renewable products) which spans Proprietary Trading, Origination, Structured products and Load desks. Completed the Leadership for the NextEra Management program (2017)
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Barclays Corporate & Investment Bank
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United States
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Financial Services
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700 & Above Employee
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Vice President - Global Head of Credit Trading Risk, US Regional Head of Commodities Trading Risk
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Aug 2011 - Sep 2012
Charged with the direct responsibility of leading the overall Credit trading Risk & Control program for the firm globally and the regional programs of Commodity and Loan Trading. Trading platform consisted of Credit products (CDS, CDOs, Bonds and Municipals), Loan Products, and Commodity/Energy Products (Natural Gas, Electricity, Oil, Renewables and Agricultural). Charged with the direct responsibility of leading the overall Credit trading Risk & Control program for the firm globally and the regional programs of Commodity and Loan Trading. Trading platform consisted of Credit products (CDS, CDOs, Bonds and Municipals), Loan Products, and Commodity/Energy Products (Natural Gas, Electricity, Oil, Renewables and Agricultural).
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Castleton Commodities International
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United States
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Oil and Gas
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300 - 400 Employee
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Vice President - Head of Risk Management
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Aug 2009 - May 2011
Charged with the direct responsibility over Trading Risk Operations which included Product Control, Exchange Clearing Operations, Position Control and Financial Settlements for both the merchant trading platform and hedge fund. Operationally responsible for all trading products (Futures, Swaps, Options, and Physical) and associated risk management for the company (Natural Gas, Power & FTRs, Refined Products, Natural Gas Liquids, Coal, Emissions & Weather, Metals, Global Equities and Foreign… Show more Charged with the direct responsibility over Trading Risk Operations which included Product Control, Exchange Clearing Operations, Position Control and Financial Settlements for both the merchant trading platform and hedge fund. Operationally responsible for all trading products (Futures, Swaps, Options, and Physical) and associated risk management for the company (Natural Gas, Power & FTRs, Refined Products, Natural Gas Liquids, Coal, Emissions & Weather, Metals, Global Equities and Foreign Exchange).
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Director - Business Analysis
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Mar 2008 - Jul 2009
Charged with supporting all facets of the organization in the areas of Trade Execution, Market Risk, Product Control, and Exchange Clearing with regard to business process design/re-design and utilizing technology to create efficiencies and implementing controls for front office and operational risk management. Responsible for the product management for Natural Gas, Power & FTRs, Refined Products, Natural Gas Liquids, Coal, Emissions & Weather, Metals, and Equities desks that were booked in… Show more Charged with supporting all facets of the organization in the areas of Trade Execution, Market Risk, Product Control, and Exchange Clearing with regard to business process design/re-design and utilizing technology to create efficiencies and implementing controls for front office and operational risk management. Responsible for the product management for Natural Gas, Power & FTRs, Refined Products, Natural Gas Liquids, Coal, Emissions & Weather, Metals, and Equities desks that were booked in multiple internally and externally developed products.
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Goldman Sachs
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United States
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Financial Services
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700 & Above Employee
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Project Manager - Commodities Operations
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Aug 2007 - Feb 2008
Focused on the improvement of risk management and control aspects of the physical natural gas trading operation through technology and improved internal processes. Focused on the improvement of risk management and control aspects of the physical natural gas trading operation through technology and improved internal processes.
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Louis Dreyfus Company
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Netherlands
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Food and Beverage Manufacturing
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700 & Above Employee
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Business Analyst - Energy & Commodities Trading
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Sep 2005 - Jul 2007
Focused mainly on trading risk management projects with regard to the Front and Middle office functions. Lead on a range of projects such as a major trade confirmation project to reduce operational risk, financial and physical natural gas reporting projects to better report risk to senior management, a real-time options valuation project to ensure risk approved models were in place, and a real-time position management system to drive more efficient trading.
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Sr. Risk Auditor (Front & Middle Office Trading Operations) - Internal Audit
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May 2004 - Aug 2005
Directly responsible for planning, completing and presenting risk management audits of the internal trading businesses globally. Performed audits in areas such as Coffee Trading, Grain (Wheat/Corn) Trading, Grain Processing Facilities (Operational), Real Estate, and Cotton/Energy Trading with the purpose of increasing Risk controls.
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Deloitte
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Business Consulting and Services
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700 & Above Employee
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Financial Services Risk Auditor - Enterprise Risk Services
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May 2003 - Apr 2004
Performed risk assessments for both non-financial and financial services companies related to technology and trading practices. Performed risk assessments for both non-financial and financial services companies related to technology and trading practices.
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Louis Dreyfus Company
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Netherlands
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Food and Beverage Manufacturing
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700 & Above Employee
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Risk & Business Analyst - Soft Commodities Trading
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May 2000 - Mar 2003
Focused on building and implementing technical solutions for Front and Middle office personnel within the Soft Commodities Trading platform. Focused on building and implementing technical solutions for Front and Middle office personnel within the Soft Commodities Trading platform.
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Education
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Fairfield University
MBA, Finance -
NextEra University
Six Sigma Green Belt, Statistics -
NextEra University
Leadership for the NextEra (NextEra Energy Management Program) -
Western Connecticut State University
Bachelor of Arts (BA), MIS w/ Information Security Concentration -
St. Joseph High School, Trumbull, CT
High School Diploma