Who We Are

The BETM team is a diverse set of thinkers and doers who believe in a better energy future.

“I am proud of the organization we’ve created and the quality we’re bringing to the energy marketplace. This is not business as usual. This is business the way it’s supposed to be: innovative, disruptive and of real value to our customers and partners.”

Reem Fahey
Chief Executive Officer

Executive Leadership

Chris Giangrande VP Accounting

Jay Goldman SVP Marketing & Congestion Trading

Tom Green VP Operations

Maria d'Orey Executive Project Lead & Assistant to the CEO

Neeraj Prashar SVP Information Technology

William Reno VP Risk Management

Brian Sinclair VP 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

  • 1986

    BETM predecessor Citizens Energy Corp. (CEC) obtains first FERC authorization for non-utility to sell wholesale electricity

  • 1989

    Citizens Power is founded and obtained the first FERC power marketing license and market-based-rate authorization.

  • 1994

    CP&L and Lehman form Citizens Lehman Power

  • 1997

    Citizens Lehman Power sold to The Energy Group; name changed to Citizens Power

  • 1998

    Citizens Power sold to Peabody Coal affiliate

  • 2000

    Citizens Power acquired by Edison Mission Energy (EME); merged into EMMT. Energy management services for Homer City power plant

  • 2001-02

    EMMT  early mover in FTR markets NYISO & PJM

  • 2005

    Provides asset management services for its first wind farm and commences MISO FTR trading

  • 2008

    CAISO FTR Trading & ERCOT merchant wind dispatch

  • 2009

    EMMT partners w/ H-P Energy Resources on first merchant transmission in PJM

  • 2010-13

    ERCOT FTR trading (2010) MISO and SPP South FTR trading (2013)

  • 2014

    NRG acquires EMMT; launches Boston Energy Trading & Marketing

  • 2016

    BETM first battery energy storage customer in CAISO

  • 2018

    BETM becomes a proud subsidiary of the Mitsubishi Corporation

We believe our most important assets are our highly experienced team and the relationships they’ve built with clients, partners, and investors.

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