|Exodus Africa LLC|
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Experienced, Focused Management Team
Exodus was founded in 2007 by a highly experienced management team with over 90 years of combined energy, finance, engineering, and operations experience and is focused on acquiring, developing, financing, owning and operating power and gas assets in Africa and elsewhere in the World. Exodus is staffed with finance, engineering, development, investment and legal professionals with extensive experience in the development, evaluation, operations and management of power and gas assets.
John Chappell (50) has over 25 years experience in both Power and Energy related fields. Mr. Chappell is the founder of PRC Energy Ltd as an independent, UK based energy consultancy established to provide experienced commercial, strategic, regulatory and technical advice to a variety of clients ranging from Waste Management Companies to International Energy Companies on a broad range of energy issues.
Prior to PRC, over 10 years Mr. Chappell held several senior management position/ roles and board membership at Enron corporation with his last role being a vice president of Enron Europe asset management and engineering services group. Mr. Chappell lead a group that provided technical, commercial and contract negotiation expertise for Enron's project development, trading and commercial groups, working closely with various counter-parties to enable large numbers of complex Energy projects to reach financial closure. Mr. Chappell also lead project teams for the development of new build energy assets, the acquisition due diligence of assets and service providers in UK and Europe each with a funding requirement in the range $20 to $600 million.
Projects have included the development and / or the acquisition of conventional or renewable energy projects operating in either regulated or de regulated markets. In particular, Mr. Chappell has lead negotiations for both turnkey and operations and maintenance agreements on a number of major power projects. The extent of projects have been concluded throughout the UK, Europe, Middle East, Africa and the Indian subcontinent totals a financed value in excess of $2.5 billion
Prior to joining Enron, as a senior project engineer Mr. Chappell worked for a variety of different industries including; power generation equipment manufacturing, a power generation and process plant troubleshooting consultancy, a process engineering contractor. With the likes of Dresser Rand,MW Kellogg, AV Technology, GEC Gas Turbines Mr. Chappell held various specialized engineering roles.
Mr. Chappell has an MSc in Thermal Power from Cranfield Institute of Technology . He is a member of the Power Industry Divisional Board of the Institution of Mechanical Engineers (M.I.Mech.E). Mr. Chappell is also qualified as a Chartered Engineer
Dave Nickerson (Age 52) has been involved in the power industry sector for over 25 years. From 1999 to present, Mr. Nickerson serves as President of Power Island Corporation, a privately held power plant engineering and development consultancy company where his role involves all aspect of managing the design, engineering, development and operation of gas turbine power plants. One subsidiary of Power Island is The Power Barge Corporation, a company that specializes in floating gas turbine power plants. Clients include companies like El Paso International and Enron.
Mr. Nickerson currently serves on the board of Wow Energies Inc, an advanced process development group with a patented advanced power generation system for solar, geo thermal, biomass and waste heat recovery plants, and low temperature flue gas pollution control systems. From 1994 to 1999, Mr. Nickerson held several senior technical/operating positions with private companies focused on power barges, international power project development and power plant acquisitions. As President and founder of Marine Energy Systems Corporation, he managed an engineering group focused on LNG cryogenic containment systems, ocean thermal energy conversion and barge mounted power plants. From 1984 to 1994, Mr. Nickerson held several senior management positions at General Dynamics. These ranged from Senior Engineering Specialist for nuclear weapon and space transportation programs to Director of Operations Analysis and Research.
From 1981 to 1984, Mr. Nickerson served as a US Coast Guard Marine Safety officer. He also served as a US Merchant Marine from 1976 to 1981. Mr. Nickerson earned a Bachelors of Science degree in marine transportation and marine biology from Massachusetts Maritime Academy in 1976.
Robert Bakondy (Age 44) has been involved in the energy, operations and engineering industries for over 15 years. Mr. Bakondy has extensive experience providing development engineering and operations and maintenance services in the energy industry.
From 2007 until present, Mr. Bakondy also serves as Project Director for The Nevada Hydro Company where he is responsible for over-site on a 1.4 billion dollar energy Project located in southern California. The Project, a 500 mw pump storage facility with 30 miles of 500 kV transmission line interconnect, will be in two phases and will take approximately 6 years to construct. Mr. Bakondy leads permitting, development engineering and contract negotiations in the Project’s early phase prior to construction.
Prior to that Mr. Bakondy joined the Lazarus team as a project manager where he led the successful structuring for a 20,000 barrel per day refinery re-build and start-up effort. During that time, Mr. Bakondy structured the project to include an Owner’s Engineer, design engineering and a general contractor to handle the refurbishment as well as negotiate for a 5 mile natural gas line to serve the facility. He also was responsible for ensuring the operations of the facility after the refurbishment was complete. Mr. Bakondy still advises Lazarus on major decisions on a quarterly basis.
Mr. Bakondy serves on the Board and is a Managing Director of Exodus Energy. He was responsible for all technical and operations aspects. Prior to Exodus, Mr. Bakondy was a Senior Director of Enron Corp. where he held a variety of positions including project implementation and developing and financing energy assets in the Western region of North America as well as having extensive commercial, technical, environmental and operational experience with Enron’s power facilities including the Texas City 450 MW power plant, the Milford 150 MW power plant, the Richmond 250 MW power plant, the Puerto Plata 150MW power plant, the 290 MW Lagos State IPP and the Batangas and Subic Bay 120 MW power plants in the Philippines.
He graduated from the University of New Mexico with a Bachelors of Science degree in Chemical Engineering and Micro Biology with an advanced degree in Biomedical Engineering.