Tammy Nikoltcheva


Tammy Nikoltcheva brings over twenty years of experience in the power generation, energy trading and renewable energy industries. Prior to joining Intersect Power, Tammy was Vice President, Commercial Strategies and Risk Management at TerraForm Power, an owner and operator of wind and solar power plants with a total installed capacity of over 3,600 MW. During her tenure at TerraForm Power, Tammy led a team responsible for hedging the renewable energy credits generated by the portfolio, re-contracting expiring Power Purchase Agreements, scheduling the generated electricity into the daily markets, basis management, and overall commodities risk management activities.

Prior to joining TerraForm, Tammy spent nine years at the energy trading divisions of Goldman Sachs and Bank of America Merrill Lynch in both Houston and New York. There, she was responsible for executing commodities transactions with independent power producers, utilities, load serving entities and renewable energy firms. At both banks, she worked closely with the investment banking teams on buy/sell transactions or hedge-supported refinancing efforts.

Tammy started her career in the power industry at Calpine, owner and operator of gas fired and geothermal power plants, shortly after the deregulation of the energy  industry, which sparked the gas-fired power plant buildout of the late ‘90s and early ‘00s. At Calpine, she led the national accounts structuring efforts, and was responsible for negotiating many of the commodity transactions supporting capital raises during that period.