Energy New England announces new Credit and Contracts Manager

Energy New England is pleased to announce that Dan Ciullo will be joining the wholesale team at ENE on Monday, March 31, as our new Credit and Contracts Manager. Dan will fill a key role in managing all contracts with customer trading counterparties and will be responsible for monitoring all the customer trading counterparts for credit and market exposure. He will also be instrumental in developing mechanisms to allow ENE to aggregate buyers into various types of structured transactions, aimed at leveraging ENE’s corporate structure as a Massachusetts cooperative to the benefit of our customers.

Dan has a breadth of experience working in Origination and wholesale Power Marketing roles at Capital Power Corporation, PSEG Energy Resources & Trade, Calpine, and Energy Management, Incorporated. He is well versed in deal structuring, which includes all of the credit and contract issues that ENE deals with for our customers. "Dan will work very well with his ENE counterparts on the transaction structuring front, and can work with our Regulatory Manager to support our efforts on the regulatory affairs front, since he played that role for PSEG for a couple of years. Furthermore, we aim to leverage his contact base and transaction experience on the business development front," said John G. Tzimorangas, President and CEO of Energy New England. "We are looking to leverage Dan’s experience and are excited to have a well known, well respected, high character individual joining the ENE team," commented Tzimorangas.

Dan holds an MBA from Bryant University and a Bachelor’s degree from Framingham State University, and lives in Fall River with his wife and two children.

Formed in 1998, ENE has grown significantly over the past few years, and is a leading provider of both supply and demand side services to the public power community. The company works with more than 35 municipal systems on a dedicated basis in the provision of one or more supply or demand-side services. In addition, it manages more than 1,000 MW of load and 550 MW of generation throughout New England.