William Kappaz
William (Billy) Kappaz is the Chairman and Chief Executive Officer of The Dorado Group, LLC, an investment company that has been an owner and operator of power generating projects and companies supporting sustainable and clean energy. During a 20-year career in the global power industry, Mr. Kappaz has led the structuring, development and financing of independent power projects around the world. He is a recognized expert in project finance, having facilitated the first private investments in the power sectors of more than a dozen countries. He has also developed and published new rules and regulations governing various countries’ energy sectors, unbundled vertically integrated state-owned utilities, and established wholesale electricity markets – the result of which supported significant new investment in emerging market economies. Today, Mr. Kappaz leads the Dorado Group in a new direction making several direct investments in companies ranging from data analytics to professional sports leagues.
Mr. Kappaz serves on the boards of Catholic Charities of the Archdiocese of Washington DC, Beauvoir — the National Cathedral Elementary School and the Protestant Episcopal Cathedral Foundation. He actively supports several other institutions that focus on Catholic education, job training, workforce development and medical services for underserved communities. Mr. Kappaz is married with three daughters.
Mr. Guzman has over 23 years of experience in power and LNG projects. Mr. Guzman’s power experience includes advising government and private clients on the development of new privately-financed power generation projects, or on concessioning or acquiring existing assets. For private clients—including sponsors, private equity investors and lenders—he has advised on origination, due diligence, and valuation of new or existing power projects. His LNG experience includes advising on the development of LNG to power projects, including identifying and analyzing technical options for importing LNG, evaluating the business case of LNG generated power relative to other fuels, analyzing transaction structures for the development of an LNG to power project, and competitive procurement of LNG supply. Mr. Guzman has worked on a small, medium and large scale LNG to power projects, including projects that use offshore and onshore import terminals, as well as LNG import solutions based on LNG ISO containers. He holds Bachelor’s and Master’s degrees in civil engineering and a Master’s in business and finance from the London Business School.
Dr. Juan Jose Daboub, PhD, serves as a Director at K&M Advisors and the Vice Chairman at The Dorado Group. Dr. Daboub co-owns businesses in Central America and serves on the Board of Directors of several companies in the USA, Latin America, the United Arab Emirates, and Europe. He is the founding CEO of The Daboub Partnership and the Global Adaptation Institute. As Managing Director of the World Bank, from 2006 to 2010, Dr. Daboub oversaw operations in 110 countries in Africa, Asia, the Middle East and Latin America and was responsible for the oversight of the Human and Sustainable Development Networks, the Information Systems Group, the World Bank Institute, the Department of Institutional Integrity and the Arab World Initiative. From 1999 to 2004, Dr. Daboub served concurrently as El Salvador’s Minister of Finance and as Chief of Staff to President Flores. In these high profile dual roles, Dr. Daboub helped to navigate his native country through several regional economic challenges including securing and sustaining El Salvador’s investment grade rating, “dollarizing” the economy, and completing a Free Trade Agreement with the United States. He was President of the Electric Distribution Companies (1994-1996) and of ANTEL (1996-1998), the state-owned telecommunications company of El Salvador, which he re-structured and privatized through a competitive and transparent process that also de-monopolized that strategic sector. Dr. Daboub holds a Bachelors of Science, Masters of Science and a PhD in Industrial Engineering from North Carolina State University. He is married with four children.
Mr. Fairbanks has over 28 years of experience providing commercial advisory and project finance services for power projects. He has led procurement and transaction advisory teams for 10 power projects, all of which reached financial close, totaling US$4 billion in new investment. He has also served as a project finance advisor for power projects and pioneered innovative financial arrangements to assist in raising US$2 billion in non-recourse debt and equity. Mr. Fairbanks also has significant experience performing due diligence and supporting project development activities for international power generation projects on behalf of private investors. He is an expert in reviewing commercial contracts and analyzing power markets, including forecasting demand, dispatch, and pricing. For example, Mr. Fairbanks led a multinational team to conduct due diligence for a US$138 million bid for the acquisition of hydropower facilities in Peru totaling 200 MW of capacity, and he has performed detailed hydrology modeling to assess the market for cross-border energy trading between Chile and Peru. In addition to his work on hydropower projects, Mr. Fairbanks played a major role in due diligence power generation transactions in Jamaica, Chile, Honduras, Jordan, and Kenya. In these projects, Mr. Fairbanks assessed key project agreements (including PPAs), analyzed the local power demand and competing supply options, forecasted PPA tariffs and spot market pricing, estimated future sales and operating costs, and evaluated project risks and risk mitigation options. Mr. Fairbanks holds a B.A. in Business Economics from Brown University.
Mr. Golbin has over 35 years of experience in the power industry in development, engineering, design, and construction of PV and concentrated solar, gas, coal, and oil fired power plants, consulting, project management and project development. His work experience includes working on power projects in USA, Jordan, Saudi Arabia, Russia, Belarus, Togo, Ghana, Tanzania, Kenya, Ivory Coast, Lebanon, South Africa, Colombia, Bangladesh, the Philippines, Indonesia, Vietnam, Georgia, Bulgaria, and many others. Mr. Golbin has advised commercial and multilateral lending institutions on power project development, preparation of requests for proposal and development of private power projects in developing countries. He has participated in preparation of feasibility studies, conducting site selection, size optimization, fuel selection and strategic options for a variety of power projects including energy storage and leading edge clean coal technologies. He has developed energy efficiency programs, performed due diligence reviews, contract analysis, economic and financial modeling, tariff calculations, power plant environmental impact analysis and mitigation, drafting and negotiating power purchase agreements and fuel supply agreements, development and design of cogeneration systems and conceptual and detailed design of different power plant systems and equipment. Mr. Golbin holds MS Degree from Belarusian Polytech University and is a registered professional engineer in Maryland.
Mr. Derek Martin has over 24 years of experience leading the development, negotiation, and financing of international independent power projects and providing clients with advice and execution support for electric sector transactions in emerging markets. He has managed and closed all aspects of IPP development and led negotiations for all types of power project agreements under limited and non-recourse financing structures. Mr. Martin brings an effective combination of skills and perspective to his work, driven by his qualifications as both lawyer and finance executive, and his professional experience leading power transactions as a corporate executive for international power producers and serving as a trusted advisor for Governments, utilities, and sponsors. Recently, Mr. Martin has dedicated a majority of his time advising public and private sector clients on comprehensive feasibility studies, competitive tenders, and project development under IPP and PPP structures. Prior to joining K&M Advisors, Mr. Martin was co-founder and Managing Director of Moray Development and worked as an executive for international power producers such as the AES Corporation and KMR Power. Mr. Martin’s experiences with such companies included managing over $5b in projects at various stages of development, closing $1.4b in non and limited recourse financings, and negotiating more than 1 GW of long-term power purchase agreements. Mr. Martin holds a BA in International Relations from Tulane University, an MBA from George Washington University School of Business and Public Management, and a law degree from George Washington University Law School.
Mr. Janson is an economist and financial specialist with more than 25 years of experience advising governments, financial institutions, water and electricity utilities, and private investors on strategies for developing, financing, and regulating infrastructure. He has worked in over 40 countries worldwide and focuses on Latin America and the Caribbean, where he has advised clients in the energy and water sectors in countries including Argentina, The Bahamas, Barbados, Belize, Brazil, Chile, Colombia, Costa Rica, Ecuador, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Trinidad and Tobago, and Venezuela. Mr. Janson has been an expert witness on quantum in international arbitrations, has co-authored a number of papers published by the World Bank and the Inter-American Development Bank including the IDB’s “Natural Gas in the Caribbean—Feasibility Studies” (2015) and the World Bank’s “Water Utility Turnaround Framework: A Guide for Improving Performance” (2018), and is a frequent speaker at international infrastructure conferences. His work experience prior to joining K&M Advisors includes the World Bank, PricewaterhouseCoopers, and Booz Allen. Mr. Janson has a graduate degree in International Finance and an undergraduate degree in International Economic Theory and Policy, both from Georgetown University in Washington, DC. Born and raised in Panama, Mr. Janson is a native Spanish and English speaker, and has a working knowledge of Portuguese and French. At K&M Advisors, Mr. Janson is responsible for policy and regulation in the energy sector, as well as for the firm’s work on the water and sanitation sector.