Summary of Experience
Mr. Coyne is a Senior Vice President with over three decades in the energy industry. He provides financial, regulatory, strategic, and litigation support services to clients in the natural gas, power, and utilities industries. Drawing upon his industry and regulatory expertise, Mr. Coyne regularly advises utilities, public agencies, and investors on business strategies, investment evaluations, and matters pertaining to rate and regulatory policy. Recently, he assisted a client on a multi-year engagement, reviewing performance metrics and developing data to be used in a custom distribution rate application. Mr. Coyne helped the client draft and submit this application to the client’s regulatory authority.
Mr. Coyne has authored numerous articles on the energy industry and provided testimony and expert reports before the Federal Energy Regulatory Commission and jurisdictions in the U.S. and Canada. He is a thought leader who has spoken on the topics of utility regulation, return on equity, business strategy, and other energy matters.
Prior to Concentric, Mr. Coyne worked in senior consulting positions focused on North American utilities industries, in corporate planning for an integrated energy company, and in regulatory and policy positions in Maine and Massachusetts. He holds a B.S. in Business from Georgetown University with honors and an M.S. in Resource Economics from the University of New Hampshire. He also serves on Concentric’s Board of Directors.
M.S., with Honors, Resource Economics, University of New Hampshire
B.S., Cum Laude, Business Administration and Economics, Georgetown University
Alberta Beverage Container Management Board; Alberta Utilities Commission; American Arbitration Association; British Columbia Utilities Commission; Connecticut Public Utilities Regulatory Authority; Federal Energy Regulatory Commission; Hawaii Public Utility Commission; Maine Public Utilities Commission; Maryland State Board of Contract Appeals; Massachusetts Superior Court; Minnesota Public Utilities Commission; Newfoundland and Labrador Board of Commissioners of Public Utilities; New Jersey Board of Public Utilities; Nova Scotia Utility and Review Board; Ontario Energy Board; Prince Edward Island Regulatory and Appeals Commission; Régie de l’énergie du Québec; South Dakota Public Service Commission; Texas Public Utilities Commission; U.S. Department of Commerce; Vermont Public Service Board; Wisconsin Public Service Commission; Yukon Utilities Board
We provided strategic planning support for the client’s senior management retreat focused on the “Utility of the Future.” We profiled the principal driving forces impacting the industry, including economic, demographic, […]
We assisted the client with examining and evaluating potential strategies, costs and risks in pursuing longer-term supply resources for acquiring and managing natural gas. We presented the results of our research […]
We supported a diversified conglomerate in the company’s acquisition of a natural gas gathering and marketing company. Our team provided financial due diligence through review of the company’s financial statements, […]
We provided the client with extensive analysis and expert evidence relating to its next generation Incentive Regulation (“IR”) Plan proposal. Our role included conducting an assessment of relevant regulatory precedents in […]
We have testified on the appropriate cost of capital on behalf of many electric utilities before numerous state commissions. We are familiar with the requirements in most state regulatory jurisdictions in […]
We have an in depth understanding of the natural gas distribution business and the business and financial risks faced by natural gas local distribution companies (“LDCs”). We have developed expert […]
We have presented testimony on the rate of return and overall cost of capital in numerous electric transmission cases before the Federal Energy Regulatory Commission (“FERC”). We are well versed in […]
We performed an assessment of the client’s natural gas and biomass-fired electric generating facilities (the “Facilities”) located at its manufacturing plant. The assessment focused on the economic capability of the […]
We served as the lead regulatory and market due diligence advisor to an investment management firm in a $7.4 billion acquisition of a regulated natural gas and electric utility company. Our role in […]
Representative examples of our staff’s transaction management experience include: […]
Concentric organized, delivered, facilitated, and documented two multi-day “Utility-of-the-Future” workshops for a vertically-integrated utility as a level setting exercise that would establish a foundation for development of corporate strategy and […]
On behalf of the Canadian Gas Association and the Canadian Electricity Association, Concentric has prepared a discussion paper and three updates for utility executives and provincial regulators that examined the […]
Concentric recently served as the sell-side financial advisor and manager to PPL Services Corporation in the divestiture of PPL Corp. (NYSE: PPL) subsidiary, PPL Solutions, LLC (“Solutions”). Headquartered in Bethlehem, […]
We provided strategic advisory services for a government agency for the development of an energy hub, including building a new transmission corridor for exports into the New England region. Additionally, […]
We provided advisory services pertaining to potential acquisitions of U.S. energy companies. We provided a detailed overview and technical assessment of the North American energy industry to help the client […]
We provided financial advisory services pertaining to the acquisition of a major energy infrastructure company, including natural gas distribution and pipelines. This effort included detailed due diligence to develop twenty-year financial […]
We were retained to review and opine as to the prudence of the client’s development of an overall commercial strategy for a refurbishment project at the client’s nuclear facility, as […]