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Gary Cardone Has A Long Track Record In Energy by Thomas Poole





Gary Cardone Has A Long Track Record In Energy by
Article Posted: 09/19/2011
Article Views: 111
Articles Written: 10
Word Count: 589
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Gary Cardone Has A Long Track Record In Energy


 
Business
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 track record with such significant businesses as Dynegy and Accord Energy.

Right after the profitable sale of Accord Energy Gary Cardone helped create Dynegy Europe which turned out to be one of the most profitable U.S. energy businesses working in Europe. After three years of operation it had obtained 87% of all the Storage of Natural Gas in great britain, had 600 people with power and gas positions in Germany and Holland with locations in Switzerland, Spain, Italy and Holland.

Gary Cardone was md of Dynegy UK and Dynegy Europe. Cardone, who was previously 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 investing and marketing functions and growth and development of new business opportunities.

When Gary Cardone was chosen as managing director of Dynegy UK and Dynegy Europe, Chuck Watson, chairman and chief executive officer of Dynegy, said, "We are pleased that Gary has agreed to accept the position of managing director as Dynegy moves to participate in the deregulating energy markets in Europe…”

Gary did exactly that.

Cardone joined Dynegy in 1987 and moved to London in 1994 to build its European energy business. The organization 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 a key component in the formation of Accord Energy, a joint venture between BG and Dynegy. When operational management of Accord was transferred to Centrica at the begining of 1997, Gary became director and general manager of Energy Trading at the recently formed Dynegy UK.

Gary Cardone ran quite a few functions obtaining and / or managing gas acquisition for the North Eastern States, Gulf of Mexico and flows to California along with imports from Canada. Left in 1993 to create a company 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 inside natural gas and electric industry in the UK.

After the successful sale of Accord Energy Cardone helped create Dynegy Europe which became about the most successful U.S. energy companies working in Europe. After three years of operation it had acquired 87% of all Storage of Natural Gas in the UK, had 600 personnel with power and gas positions in German and Holland with office buildings in Switzerland, Spain, Italy and Holland.

Gary Cardone functioned as Commercial Advisor with a large Private Equity firm enabling them on locating deals on both the sell and buying 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 sustainable assets.

Accord Energy was a jv that Gary Cardone was the architect of between British Gas PLC and Natural Gas Clearinghouse to exploit the inefficiencies within the natural gas and electric industry in great britain.

Gary Cardone received his degree in Marketing and Economics from McNeese State University. He is a consultant for a variety of private firms offering management tools, financing options and business progression and is particularly serious about assisting people comprehend what is in fact happening. You can ask Gary questions personally on his facebook account at: http://www.facebook.com/people/Gary-Cardone/1521755511

Related Articles - Gary Cardone, gary, cardone, energy, oil,

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