Managing Consultant
Chris Herman

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Chris Herman joined E3 in 2022 and will support E3’s work in asset valuation and markets. He has worked on a broad range of projects including carbon policy economics, market design, price & load forecasting, coal to gas conversion, economics of CNG, LNG and midstream applications, and data warehousing and transformation. Previous roles in the energy industry have ranged from regulatory, business development, project valuation and economic outlooks, but Chris has always had a passion for analytics, leveraging data science to solve complex problems.

 He is passionate about supporting a cleaner economy as it evolves through a green transition and strongly believes that economic growth and a clean future do not need to be mutually exclusive.  Chris believes that the opportunity to support clients and future generations by exploring emerging technologies and pathways to decarbonization is the most rewarding aspect of energy economics.

Outside of work Chris enjoys spending time in the mountains skiing, mountain biking, camping, hiking or doing photography.

Education: BA, Applied Energy Economics, University of Calgary


Diligence and Investment Advisory Services for NIPSCO Equity Acquisition | Blackstone, 2023

E3 was retained to be a key advisor to Blackstone as part of their diligence and investment process for Blackstone’s acquisition of a 19.9% non-controlling equity interest in NIPSCO (Northern Indiana Public Service Company) for $2.15 Billion, with additional equity commitment of $250 million to fund ongoing capital requirements. E3 applied a custom bespoke approach to NIPSCO’s unique operations and jurisdiction to advise Blackstone during the investment process.

Read the detailed project description.