Gary Cardone has been associated with the energy industry for quite some time. He has a long history with such major companies as Dynegy and Accord Energy.
Gary Cardone And His Contributions To The Energy Industry
Gary Cardone has been a part of the energy industry for some time now. He has a long background with such significant corporations as Dynegy and Accord Energy.
Right after the effective sale of Accord Energy Gary Cardone helped to create Dynegy Europe which became one of the most productive U.S. energy businesses doing work in Europe. After 3 years of operations it had acquired 87% of the Storage of Natural Gas within the uk, had 600 people with power and gas positions in Germany and Holland with locations in Switzerland, Spain, Italy and Holland.
Gary Cardone was managing director of Dynegy UK and Dynegy Europe. Cardone, who was earlier director and general manager of Energy Trading at Dynegy UK, took over responsibilities for all of Dynegy's UK and European gas, power and crude oil trading and marketing functions and growth and development of new business opportunities.
When Gary Cardone was named as md of Dynegy UK and Dynegy Europe, Chuck Watson, chairman and ceo of Dynegy, said, "We are pleased that Gary has agreed to tackle the position of managing director as Dynegy moves to participate in the deregulating energy markets in Europe…”
Gary did exactly that.
Cardone joined up with Dynegy in 1987 and relocated to London in 1994 to develop its European energy organization. The corporation began trading the U.K. and Scandinavian power markets.
Gary spent some time working in all sectors of Dynegy's commercial activities across the US and Canada. Cardone joined Dynegy UK in 1993 and was instrumental in the formation of Accord Energy, a joint venture between BG and Dynegy. When operational control of Accord was transferred to Centrica at the begining of 1997, Gary had become director and gm of Energy Trading in the newly formed Dynegy UK.
Gary Cardone ran several functions obtaining and / or managing gas acquisition with the North Eastern States, Gulf of Mexico and flows to California along with imports from Canada. Left in 1993 to generate a business for NGCH in Europe.
Accord Energy was a joint venture in which Gary was the architect of between British Gas PLC and Natural Gas Clearinghouse to exploit the inefficiencies in the gas and electric industry in the united kingdom.
Right after the successful sale of Accord Energy Cardone helped establish Dynegy Europe which grew to become one of the more successful U.S. energy companies doing work in Europe. After 3 years of operation it had acquired 87% of all Storage of Natural Gas in great britan, had 600 personnel with power and gas jobs in German and Holland with locations in Switzerland, Spain, Italy and Holland.
Gary Cardone functioned as Commercial Advisor to a large Private Equity firm helping them on getting deals on the sell and buy side. He centered on chances to co-invest, midstream acquisitions which include pipelines, expansions, platforms, and divestments of gas and oil properties, midstream assets, and renewable assets.
Accord Energy was a jv of which Gary Cardone was the creator of between British Gas PLC and Natural Gas Clearinghouse to take advantage of the inefficiencies in the gas and electric industry in britain.
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