Prashant Khorana

About Prashant Khorana

Read more of my writings here: https://electroneconomics.substack.com/I’m a renewable-energy strategist and M&A lead who has advised on $20 B+ of transactions spanning solar, storage, wind, and emerging technologies—advising on deals across North America, EMEA, and APAC and integrating assets into utility, IPP, and data-center portfolios.What I do bestStrategic origination & valuation support. Structured and Analysed GW-scale pipelines and built discounted-cash-flow & logistic-regression models adopted by senior lenders and tax-equity investors.Full-cycle M&A execution. Guided buy- and sell-side mandates from teaser through SPA, working with legal counsel, technical advisors, and lenders across multiple time zones and geographies.Cross-functional leadership. Worked on (and led) 50+ projects, directing lean squads of 3–6 analysts, data engineers, and consultants per engagement and mentoring a high-performing bench now placed at top renewables sponsors (think Mn8, Cypercreek, Lightsource, etc.).Thought leadership. Through my Substack, Renewables Investor, I publish long-form deep dives read by developers, offtakers, and PE funds; my notes have been cited by various Fortune 500 strategy teams.Signature wins• Advised a Fortune 100 data-center operator on a $3.2 B battery-plus-solar acquisition, enhancing PPA optionality and derisking 24/7 clean-power claims.• Negotiated hedged merchant structures for a 1 GW ERCOT solar+storage portfolio, improving sponsor IRR by 240 bps.• Led carve-out valuation that unlocked a €900 M EV charging spin-off, now Europe’s fastest-growing HPC network.

Experience

1. Director - Power & Renewables Consulting

   Wood Mackenzie Power & Renewables

   Jan 2023 — Present · Boston, MA, US

   Selected Deal & Strategy Highlights Community solar growth plan – Mapped TAM, margin stack, and roll-up targets; board approved a three-year expansion that doubles EBITDA by 2027.BlackRock × Siraj Power (Positive Zero) – Commercial lead on $… acquisition; stress-tested lease-to-own model and validated 15 yr NPV uplift of 22 %.EQT × Maddison Energy Infrastructure – Advised on offtake optionality for 3 GW pipeline; quantified merchant downside and secured €120 M price chip.Special-situations fund – Wrote cross-sector investment thesis converting O&G assets into offshore-wind EPC capacity, surfacing three distressed targets with 30 % IRR potential.IPP buy-side on distributed-gen mix – Valued 85-asset portfolio (solar, fuel-cells, peakers, storage;$300 M EV); re-benchmarked spark-spread triggers, raising bid discipline by 7 %.PE diligence on U.S. utility-scale BESS – Modelled 1.4 GW/5.6 GWh portfolio under nodal-pricing volatility; confirmed downside case still >12 % levered IRR on $500 M EV.AI data-center super-cycle – Authored power-market impact playbook adopted in two hyperscaler IR decks.Practice-Building & BDTalent pipeline – Recruited, trained, and retained ~8 Northeastern co-ops; 4 promoted to full-time consultants; 2 promoted to senior consultantsStorage modeling – Negotiated alliance with cQuant, closed first paid engagement five weeks post-PoC, unlocking ~$1 M ARR.Data-center advisory beach-head – Scoped, pitched, and delivered WoodMac’s first U.S. data-center power engagement. Interim Head of Americas P&R Consulting – Steered person practice during 2024 maternity-leave cover; met 150 % of individual revenue targets.Thought LeadershipWhat we learned from conversations with P&R investors Underwriting BESS — cited by three North-American project-finance banks.Revenue target acheivement: 20•••00%; 20•••45%; 20•••80%

Education

• University of Chicago

  Mastertrack certificate in Machine Learning, Machine learning

• HEC Paris

  Master of Business Administration (M.B.A.)

• Wilfrid Laurier University

  Honors BA, Financial Mathematics

Skills

• Mathematical Modeling
• Quantitative Modeling
• Microsoft Excel
• Financial Modeling
• Modeling
• Strategy
• Risk Management
• Analysis
• Data Analysis
• Valuation
• Corporate Finance
• Strategic Thinking
• Forecasting
• Quantitative Research
• Economic Modeling
• Analytics
• Business Strategy
• Analytical Skills
• Hustle
• Blue Ocean Strategy
• Strategic Financial Planning
• Excel
• Bloomberg
• Spreadsheets
• Derivatives
• Financial Analysis
• Consulting
• Due Diligence
• Balanced Scorecard
• Operational Excellence
• Economics
• Matlab
• Investments
• Access
• Risk Analysis
• Vba
• Portfolio Management
• Finance