As the Chairman and CEO, Mr. Dailey’s vision drives IEP’s mission to improve energy infrastructure worldwide. His strategy emphasizes the provision of the highest economic benefit to the target country together with the greatest energy independence. A key component of IEP’s mission is to be accountable at the highest level of ethical standards.
With over 25 years of experience in the power and energy industry, Mr. Dailey has mastered the key economic drivers to identify and build energy businesses. His expertise and knowledge help guide IEP in all stages of ownership including conceptualization, development, execution, financing and operations and maintenance. Over many years of working in M&A with the capital markets, Mr. Dailey has earned an industry-wide reputation of trustworthiness and fairness. He has executed in excess of $3Billion in transactions.
Chairman and CEO
Early in his career and as a senior officer responsible for Mergers and Acquisitions and then Operations at Allegheny Energy, Inc., Mr. Dailey developed expertise in the trading, risk management, power generation, transmission and distribution businesses. He conceived and executed acquisitions of a Wall Street trading firm and two local distribution companies as well as negotiated several merger agreements with independent power producers and integrated utilities.
He was then Managing Director and founding member of Twin Pine Capital Resources, which was an investor and transaction advisor company in the power generation sector.
As a Managing Director and founder of Complete Energy Holdings (CEH), LLC, Mr. Dailey applied his deep knowledge of generation technology and associated fuels including oil, natural gas, and coal. Mr. Dailey closed over $1 Billion in M&A transactions. CEH employed 110 professionals, had an annual budget of $150 Million and owned and operated over 1800 MWs of electric generation in the United States. CEH holdings included two efficient combined cycle gas turbine plants in the US, one with 837 MW of net capacity and the other with 1022 MW of net capacity.
Mr. Dailey executed the acquisition of the La Paloma Generating Facility that was awarded “Deal of the Year” in 2006 by Power Finance & Risk in London.
Mr. Dailey founded International Electric Power (IEP) in 2008.
Peter graduated from the University of Pennsylvania with a BA in English and Economics and from the University Of Pittsburgh School Of Law (JD, with honors) where he was Editor-in-Chief of the Journal of Law and Commerce. He is fluent in French.