Frederic FAROCHE
Warsaw
Summary
Senior executive with 30 years of European wide experience in energy markets, with a focus on large scale District Heating Systems and Combined heat & power generation
Overview
30
30
years of professional experience
1
1
Certification
Work History
Country Director for Poland
VEOLIA ENVIRONMENT
01.2018 - Current
- President and CEO of Veolia Energia Polska, company holding all PL assets
- President of the supervisory boards of all main subsidiaries (Warsaw, Łódź, Poznań, Contracting, Term)
- In charge of the representation, management and development of the Veolia Group in the 3 business lines
- Key achievements:
- Creation of Veolia all commodities trading, coal to gas projects started (cca 500 M€ capex, -0.8 Mt CO2/yr)
- Waste to Energy 200 kt RDF project at the stage ready to be built
- Decarbonation plan for the whole Group
- Return to ROCE level above WACC
- Deep structure re-engineering through Corporate Governance
- Board member in the Water distribution companies of Bucharest and Sofia.
Country Director for Bulgaria & CEO of Veolia Energy Romania
VEOLIA ENVIRONMENT
01.2013 - 01.2018
- In charge of the representation, management and development of the Veolia Group in the 3 business lines
- Key achievements: Sofia Water - conclusion of the Annex III to the concession contract, allowing to de-cap water price and return to value creation.
Chief Operations Officer
DALKIA POLAND
01.2009 - 01.2013
- Key achievements:
- Formalization and structuration of asset management decisions; retrofit of 70 MW from coal to biomass; creation of a centralized commodities (coal, biomass and power) trading for the whole Group
- Change of the Country regulations for heat for a benchmark model.
Vice President of the Management Board
DALKIA ŁÓDŹ
01.2006 - 01.2009
- Key achievements:
- Major staff re-engineering, doubling the organic growth, contained maintenance capex, very first imports of coal; All resulting in over performing the acquisition business plan achieving 20+% EBITDA to sales.
Operations vice President
DALKIA LITHUANIA
01.2002 - 01.2006
- Key achievements: major operation & maintenance staff reduction, first biomass boiler conversion, modernization of the DHN as well as one 200 MWel gas power unit full repowering; Managed Capex plan 150M€ over 3 years.
General Manager, Karvina Plant and DHN
DALKIA CZECH REPUBLIC
01.1999 - 01.2001
- Key achievements: Re-engineering following closure of one plant (out of 3) + new steam turbine commissioned; Return to planned ROCE and cash generation; Renegotiation of coal and power contracts for the Dalkia Czech Republic Group.
Technical Manager (La Défense) then Plant & DHN Manager (Les Ulis)
DALKIA FRANCE
01.1994 - 01.1999
- Key achievements: Renegotiation of the concession contract for an additional 12 years, based on repowering with a CCGT gas unit, capex cca 50 M€.
Education
Postgraduate MBA type diploma in Business Administration -
IAE BUSINESS SCHOOL (Institut d'Administration des Entreprises)
AIX EN PROVENCE, FRANCE01.1990
Engineering degree -
HEI ENGINEERING SCHOOL (previously Hautes Etudes Industrielles)
LILLE, FRANCE01.1989
Skills
- Core competences in energy markets, including coal, gas and power contracting and hedging
- Sound knowledge in management and transformation of large scale CHPs in CEE region
- Assets transformation strategies – including decarbonation, and efficient on-site solutions
- Positive relationships with public stakeholders on local and country levels
- P&L and cash driven in all decisions, in order to secure investment returns
- Personal traits – natural leadership, pragmatic, reliable, creative, efficient
Certification
CCEF - Conseiller Commercial du Commerce extérieur de la France
Other Languages
- French- native
- English-fluent
- Polish- B1
Hobbies and Interests
- Running
- Spinning
Timeline
Country Director for Poland
VEOLIA ENVIRONMENT
01.2018 - Current
Country Director for Bulgaria & CEO of Veolia Energy Romania
VEOLIA ENVIRONMENT
01.2013 - 01.2018
Chief Operations Officer
DALKIA POLAND
01.2009 - 01.2013
Vice President of the Management Board
DALKIA ŁÓDŹ
01.2006 - 01.2009
Operations vice President
DALKIA LITHUANIA
01.2002 - 01.2006
General Manager, Karvina Plant and DHN
DALKIA CZECH REPUBLIC
01.1999 - 01.2001
Technical Manager (La Défense) then Plant & DHN Manager (Les Ulis)
DALKIA FRANCE
01.1994 - 01.1999
Postgraduate MBA type diploma in Business Administration -
IAE BUSINESS SCHOOL (Institut d'Administration des Entreprises)
Engineering degree -
HEI ENGINEERING SCHOOL (previously Hautes Etudes Industrielles)
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