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Power Supply Executive to Join PNGC Power Team
PNGC Power adds significant hydro expertise
Kathi VanderZanden, PNGC Power, 503-288-5561
Portland, OR - 11/22/2005 - PNGC Power, a Portland-based power services cooperative, has named John Prescott to be Senior Vice President of Power Supply. In this role, Prescott will be responsible for overseeing activity related to meeting electricity loads for PNGC Power’s members, 15 Northwest electric distribution cooperative utilities with service territory in seven western states. He will manage the overall price and supply risk for PNGC Power on a forward looking basis as well as manage the operational aspects of PNGC’s Slice/Block contract with the Bonneville Power Administration.
"John’s a seasoned professional with significant hydropower expertise and a strong business and engineering background. We look forward to having his leadership guide our resource planning efforts," said PNGC Power President and CEO, Patrick Reiten. "He will help us continue to provide innovative and dependable power supply solutions to our members and their customers. He’s a very strong addition to our team."
Prescott most recently served as Power Supply and Environmental Affairs Officer at Seattle City Light, Seattle, Washington and before that, spent 23 years with the Idaho Power Company in various positions, the most recent as Vice President of Power Supply. He holds an MS in electrical engineering from the University of Idaho, Moscow, Idaho and recently completed the executive MBA program at Harvard, Boston, Massachusetts. Prescott is a registered engineer, holds a private pilot license and will be relocating to the Portland area.
About PNGC Power
A co-op of co-ops, Portland-based PNGC Power, which buys and manages electricity to meet the power needs of a population of approximately 325,000, is committed to supplying its member utilities with the lowest cost power today and in the future. The organization is owned by 15 Northwest electric distribution cooperative utilities with service territory in seven western states. The company creates value for its member systems by providing sophisticated power management, technical innovation and cutting edge customer services and products. PNGC Power is a top aggregator of geographically diverse loads in the region and became the first electric cooperative in the country to receive a power marketing license from the Federal Energy Regulatory Commission. PNGC Power affords even the smallest utilities sophisticated power management and access to the market. More information about PNGC Power can be found at www.pngcpower.com.