Energy Transition: Whose Revenues are at Risk and When?

Andrew DeVries, CFA

Co-Head of US Investment Grade Credit & Senior Analyst - Utilities & HY Power

Andy has over 18 years of experience covering the natural gas & power sectors and is currently CreditSights Co-Head of U.S. Investment Grade Credit as well as the firm’s Senior Utilities & HY Power analyst.Andy's coverage includes the full capital structure including cash bonds, loans and subordinated bonds and in the case of his prior MLP coverage, general partnership as well as limited partnership interests. On the HY Power side, Andy has covered the sector through a full boom-bust cycle from initial IPO and spin-offs, through bankruptcy and then emergence as publicly traded equities again. He joined the company's Utility & Power team in late 2002 from Credit Suisse First Boston where he was an equity associate in the Natural Gas & Power group covering the various sub-sectors of distribution, pipelines, integrated electric companies, independent power producers and merchant energy companies from 2000-2002. In 2001, this team won the coveted Institutional Investor #1 ranking. Prior to CSFB, he worked as a Portfolio Analyst in Scudder Kemper's Global Equity Group gaining valuable insight into the operation of institutional money management (1998-2000). In 2006 Andy spun off from the CreditSights utility team to launch coverage of the then newly emerging MLP sector.In 2016, he returned to his utility/power roots to become the firm’s Senior Utility & High Yield Power analyst and in 2018 he added the Co-Head of U.S. IG Credit title.Andy became a CFA Charterholder in 2003 and received a Bachelor of Science, majoring in Economics, from Clemson University in 1998. He is a member of the New York Society of Securities Analysts the CFA Institute.

Charles Johnston, CFA

Senior Analyst - IG/HY Infrastructure (MLPS) & IG E&PS

Charles is the Senior Analyst responsible for coverage of investment grade and high yield MLP/Energy Infrastructure names, as well as investment grade E&Ps. After building out CreditSights coverage of high yield MLPs and Canadian Midstream names, he assumed coverage of the full MLP/Energy Infrastructure sector from Andy Devries in January 2016 and the IG E&P sector in early 2019. Charles joined CreditSights in 2012 and previous coverage includes primary responsibility for Coal Producers as they moved from high yield to distressed and into bankruptcy and secondary coverage for Independent Power Producers. Prior to joining CreditSights, he worked in equity research at Telsey Advisory Group. Charles received his Bachelor of Science in Finance from University of Central Florida and his Master of Science in Finance from Florida International University. Charles is a member of the New York Society of Securities Analysts and a CFA Charterholder.

Jake Leiby, CFA

Senior Analyst - HY E&PS, Oilfield Services and Drillers, and Latin America Integrateds

Jake is the Senior Analyst on HY E&Ps, Oilfield Services & Drillers, and Latin American Integrateds at CreditSights. Jake has covered Oil & Gas and the various subsectors, across Investment Grade and High Yield, since he joined in 2009. More recently, distress in the sector has focused Jake on several special situations as he built out our Oilfield Services & Drilling coverage group, including Transocean, Ensco, and Weatherford. Jake graduated from Colby College with a Bachelor of Arts in Economics and is a CFA Charterholder.

Nick Moglia

Analyst - US Utilities & Independent Power Producers

Nick Moglia joined CreditSights in 2016 and currently works with Andy DeVries covering U.S. Utilities and Independent Power Producers. Nick graduated from St. John’s University with a Bachelor of Science in Finance, Summa Cum Laude and is also a CFA Level III candidate.