NorthBridge Group

  • Overview
THE SCOOP

Young and energetic
“Large, diverse, and in the throes of a revolutionâ€â€"that’s how the NorthBridge Group, founded in 1992, describes its client base, the electric and gas industries.  Powerhouses (literally!) worth billions, these clients face deregulation, increased competition, divestiture and restructuring and NorthBridge applies a blend of microeconomics, finance, quantitative methods and corporate decision making to help them face these issues.  Based in Concord, Mass., NorthBridge has 26 consultants and three support staff.  The firm has worked with a number of utilities on proposals to introduce retail access and customer choice.

Regulating deregulation
As the power industries move toward deregulation, clients use NorthBridge to help them develop and implement strategies in this brave new world.  And as the market becomes increasingly competitive, suppliers are beginning to take on price risks that used to fall on customersâ€"customers now can switch in short time frames while suppliers have to acquire and maintain power on a long-term basis.  NorthBridge compares this scenario to the challenge faced by savings banks in the 1970s and 1980s, when these banks shouldered long-term loans while depositors withdrew their funds at will.  The firm uses a risk management approach to this problem, developing price forecasting tools and volatility estimates.

NorthBridge customizes its services to fit the individual needs of its clients, which are distributed to five areas, namely: Competitive Market Analysis and Strategy; State Regulatory Initiatives and Strategy; Mergers & Acquisitions; Regulated Power Supply Procurement; and Wholesale Market Design.  These focus areas are complemented by the company’s specific attributes that distinguishes the company’s ability to provide superior service.  These attributes are: perspective on industry evolution; innovative problem solving; collaboration; and action orientation. 

Power teams
NorthBridge has developed cozy and long-term relationships with its core clients.  The firm notes, however, that it’s “not enthusiastic about highly leveraged assignments,†preferring to send more senior consultants to on-site engagements.  NorthBridge employs four directors, six principals, 11 associates and five analysts.

Apart from its base of clients, NorthBridge also prioritizes its staff.  The NorthBridge workforce is made up of experienced professionals in the energy industry.  It is with NorthBridge’s employees where clients build relationships.  NorthBridge also keeps close ties with a number of experienced firm partners (directors and principals) who share their expertise  in the field of energy industryâ€"both regulated and competitive marketsâ€"and of finance and economics. 

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NorthBridge Group


30 Monument Square
Suite 105
Concord, MA 01742
Phone: (781) 266-2600
Fax: (781) 266-2649
www.nbgroup.com

STATS


  • Employer Type: Private
  • Director: John A. Eberlein