Who We Are
The BETM team is a diverse set of thinkers and doers who believe in a better energy future.
Reem Fahey
Chief Executive Officer
Executive Leadership
Chris Giangrande VP Accounting
Tom Green VP Operations
Louis Martinsen SVP Business Development
Neeraj Prashar SVP Information Technology
William Reno VP Risk Management
Brian Sinclair SVP Asset Management
Mikhail Solovev SVP Energy Trading & Analytics
35 Years and Counting
BETM has been optimizing our customers’ generation assets for over 35 years. Our current organization has its roots in Citizens Power, dating back to 1989 when Citizens obtained the first FERC power marketing license and market-based-rate authorization.
Today, we are a wholly-owned subsidiary of Mitsubishi Corporation and part of the Diamond Generating family. The future of energy is bright and BETM continues its leadership role.
History Highlights
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1986
BETM predecessor Citizens Energy Corp. (CEC) obtains first FERC authorization for non-utility to sell wholesale electricity
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1989
Citizens Power is founded and obtained the first FERC power marketing license and market-based-rate authorization.
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1994
CP&L and Lehman form Citizens Lehman Power
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1997
Citizens Lehman Power sold to The Energy Group; name changed to Citizens Power
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1998
Citizens Power sold to Peabody Coal affiliate
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2000
Citizens Power acquired by Edison Mission Energy (EME); merged into EMMT. Energy management services for Homer City power plant
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2001-02
EMMT early mover in FTR markets NYISO & PJM
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2005
Provides asset management services for its first wind farm and commences MISO FTR trading
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2008
CAISO FTR Trading & ERCOT merchant wind dispatch
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2009
EMMT partners w/ H-P Energy Resources on first merchant transmission in PJM
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2010-13
ERCOT FTR trading (2010) MISO and SPP South FTR trading (2013)
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2014
NRG acquires EMMT; launches Boston Energy Trading & Marketing
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2016
BETM first battery energy storage customer in CAISO
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2018
BETM becomes a proud subsidiary of the Mitsubishi Corporation