Christine Pihl, Executive Director, has over 25 years of experience in municipal finance and has been located on the West Coast for 17 years. Christine specializes in Public Power banking and covers issuers and projects throughout the West Coast and Alaska. Christine serves as lead banker for many large issuers including the Los Angeles Department of Water and Power, Southern California Public Power Authority, Salt River Project, Anaheim Public Utilities, Energy Northwest, Bonneville Power Association, Tacoma Power, Eugene Water and Electric Board and many PUDs throughout the Northwest including Grant County Public Utility District, Snohomish County Public Utility District, among others. Christine served as lead banker for SCPPAs innovative $514 million Windy Point/Windy Flats Project revenue bonds. The proceeds of the bonds were used to finance the prepayment of a portion of the energy received from the Windy Point/Windy Flats Project for a period of 20 years. The bonds are secured by a take-or-pay contract with the Los Angeles Department of Power and the City of Glendale. With 114 turbines, the 262 MW wind farm is the largest wind project financed by a municipal utility and began commercial operation in the first quarter of 2010. The Project received $218 million in grants from the Department of Treasury, the largest grant awarded thus far under the ARRA grant-in-lieu of ITC program. Prior to joining J.P. Morgan, Christine was with Seattle Northwest Securities and served as underwriter and financial advisor to issuers throughout the region and the nation. Ms. Pihl has a B.S. in Economics from the Wharton School of the University of Pennsylvania and has a Masters in Business Administration from the University of Washington. Ms. Pihl currently holds Series 7, 53 and 63 licenses with the National Association of Securities Dealers (NASD).
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