Ed Ludwig, Managing Director and Member

ed.ludwig@meritcapitaladvisors.com

 

Ed Ludwig is a Managing Director and Member of Merit Capital Advisors, LLC. Since founding the company in April 2012, Mr. Ludwig has closed eight buy side and sell side transactions, in addition to being engaged on various ongoing and completed project finance advisory and strategic advisory mandates for financial and strategic investors. Mr. Ludwig’s experience combines investment banking, energy consulting, and governmental service. His energy career began during college working as an intern for the Pennsylvania Governors Energy Council where he became interested  in cogeneration and small power production. He returned after graduating to help implement the PURPA legislation and regulations that launched the US independent power producer (IPP) industry. During graduate school he interned on Wall Street, assisting on project financings in Drexel Burnham Lambert's municipal finance division. After graduation he returned to Drexel Burnham to join its Lease and Project Finance Group where he worked on independent power M&A in addition to project and lease financings. Mr. Ludwig then started a New York office for ICF Resources focused on due diligence and advisory services before returning to investment banking at Kidder, Peabody and PaineWebber where he continued to specialize in the power and utilities sector, which also included various corporate equity and debt capital markets transactions, in addition to international power projects. Then, at PricewaterhouseCoopers Securities and more recently Dexia Global Structured Finance, Mr. Ludwig was a managing director responsible for their domestic power practices. He has closed more than 50 financial advisory and capital markets transactions representing approximately $10 billion (including several "first of their kind" M&A and project finance advisory transactions), in addition to providing strategic advisory and due diligence services on numerous other engagements. Mr. Ludwig graduated with an AB in Economics from Harvard College and a master's degree in public and private management (MPPM: MBA equivalent) from the Yale School of Management. 



John Maggio,  Associate

john.maggio@meritcapitaladvisors.com


John Maggio is an Associate with Merit Capital Advisors where he brings Wall Street experience as an associate and analyst including in the power sector.  Most recently, he worked in the Power & Alternative Energy Division of Citigroup's Corporate & Investment Banking Department on a variety of asset acquisitions and dispositions, capital raises, and restructurings.  This experience included Term Loan A, Term Loan B and DIP/bankruptcy exit financings and entailed detailed modeling of corporates, projects, and energy hedges.  His prior experience also includes providing analytical support to JP Morgan Chase's Wealth Management Division's Vice Chairman and specialist teams serving ultra high net worth clients and as a treasury analyst for a commodities trading firm.  He graduated from the University of Michigan's Stephen M. Ross School of Business with a Bachelor of Business Administration and with an emphasis on finance and accounting.



Brian Brink, Analyst

brian.brink@meritcapitaladvisors.com


Brian Brink is an Analyst with Merit Capital Advisors where he is applying his prior experience in mergers and acquisitions

and debt capital markets to the independent power industry. Most recently, he was an analyst at Macquarie Capital where he built financial models and assisted transaction teams in the middle market space across four verticals for mergers and acquisitions and fairness opinion engagements, He has additional experience in investment banking participating in debt issuances and tender offfers as well as interning at a boutique private equity firm. His work at Merit Capital Advisors includes mergers and acquisitions and project finance advisory, and he has participated in two closed buy side transactions.  He graduated from New York University's Stern School of Business with a BS in Finance and Economics and where he was a member of the Varsity Swim Team and captain of the Water Polo Team.



Rafaela Da Silva, Analyst

rafaela.dasilva@meritcapitaladvisors.com

 

Rafaela Da Silva is an Analyst with Merit Capital Advisors where she provides assistance with executing transactions along with conducting industry research and preparing presentations.  Ms. Da Silva has supported buy side and sell side transactions and has worked on both conventional and renewable power projects including five closed  transactions. Her role additionally includes maintaining data bases on market transactions and trends and performing specific analyses, organizing due diligence and compiling documentation for buy side and sell side engagements. Ms. Da Silva received a Bachelor of Business Administration from Baruch College where she majored in international marketing. She has a particular interest in international trade and finance and is fluent in several languages.  Ms. Da Silva began interning at Merit Capital Advisors while completing her undergraduate studies.



Christine Davis, Analyst

christine.davis@meritcapitaladvisors.com

 

Christine Davis is an Analyst with Merit Capital Advisors where she draws on prior experience in project and structured finance. Most recently, she was an analyst with ING Capital where she held rotational positions as part of their international talent program which included their natural resources and infrastructure finance and advisory groups. Notably, Ms. Davis participated in a coordinating lead arranger managed transaction that received 2016 Deal of the Year Award from Project Finance International. At Merit, she continues to work in a project finance advisory capacity while also assisting in mergers and acquisitions and providing strategic advisory services. A graduate of the Wharton School of the University of Pennsylvania, Ms. Davis holds a BS in Economics with a concentration in finance and a certificate in Spanish and where she was a member of their Division I Varsity Rowing Team. 

 



 

 

Additional financial professionals are available to work with the Merit Capital Advisors team on a consulting basis

 

 

 

 

 
 

           Merit Capital Advisors, LLC

           405 Lexington Avenue, 26th Floor

           New York, NY 10174

           212-572-9600

           info@meritcapitaladvisors.com

Ed Ludwig, Managing Director and Member

ed.ludwig@meritcapitaladvisors.com

 

Ed Ludwig is a Managing Director and Member of Merit Capital Advisors, LLC. Since founding the company in 2012, Mr. Ludwig has closed nine buy side and sell side transactions, in addition to being engaged on various ongoing and completed project finance advisory and strategic advisory mandates for financial and strategic investors. Mr. Ludwig’s experience combines investment banking, energy consulting, and governmental service. His energy career began during college working as an intern for the Pennsylvania Governors Energy Council where he became interested  in cogeneration and small power production. He returned after graduating to help implement the PURPA legislation and regulations that launched the US independent power producer (IPP) industry. During graduate school he interned on Wall Street, assisting on project financings in Drexel Burnham Lambert's municipal finance division. After graduation he returned to Drexel Burnham to join its Lease and Project Finance Group where he worked on independent power M&A in addition to project and lease financings. Mr. Ludwig then started a New York office for ICF Resources focused on due diligence and advisory services before returning to investment banking at Kidder, Peabody and PaineWebber where he continued to specialize in the power and utilities sector, which also included various corporate equity and debt capital markets transactions, in addition to international power projects. Then, at PricewaterhouseCoopers Securities and more recently Dexia Global Structured Finance, Mr. Ludwig was a managing director responsible for their domestic power practices. He has closed more than 50 financial advisory and capital markets transactions representing approximately $10 billion (including several "first of their kind" M&A and project finance advisory transactions), in addition to providing strategic advisory and due diligence services on numerous other engagements. Mr. Ludwig graduated with an AB in Economics from Harvard College and received a master's degree in public and private management (MPPM: MBA equivalent) from the Yale School of Management. 




Chi Yun ("Debbie") Kuei, Analyst

debbie.kuei@meritcapitaladvisors.com


Debbie Kuei is an Analyst with Merit Capital Advisors where she has assisted with project finance advisory and mergers and acquisitions.  At Merit, Debbie participated in the documentation and closing phases of the $1.4 billion, 1200 megawatt Jackson Generation Project Financing developed by J-Power USA. She joined Merit following receiving a Masters Degree in Management Studies from Duke University's Fuqua School of Business where her team was awarded first place in the Accenture MMS Case Competition, Debbie's academic background builds on her prior work experience. Prior to attending Fuqua, she worked in Taiwan at Deloitte & Touche in their Financial Advisory Services ("FAS") department where Debbie earned recognition for her transactional work which included numerous completed and ongoing mergers and acquisitions, strategic advisory, due diligence engagements involving various solar and wind power technologies and projects in addition to general corporate finance.  Her Bachelor of Business Administration degree was conferred by Soochow University where she received prestigious  awards both for academics and for competing in martial arts.  Debbie is fluent in Mandarin and has an understanding of basic conversational Japanese.



Richard Singh, Analyst

richard.singh@meritcapitaladvisors.com

 

Richard Singh is an Analyst with Merit Capital Advisors where he draws on prior finance experience including in investment banking. At Merit, Richard has participated on several M&A, project financing and strategic advisory engagements including leading the pro forma modeling for the $1.4 billion Jackson Generation Project Financing. Prior to joining Merit, he was an analyst with Alantra, a middle market investment bank, where he built pro forma models and conducted industry research. He previously also worked at Societe Generale in their Industrials, Chemicals and Consumer Goods coverage team where he interfaced with the mergers and acquisitions, debt capital markets and strategic finance groups.  His experience additionally includes interning at Marto Capital, a start-up hedge fund founded by former Bridgewater professionals, where he assisted with conducting research.  At Merit, he continues to work in a transactional capacity while also supporting the firm's ongoing research and market monitoring.  Mr. Singh completed his undergraduate studies at Boston College where he majored in Economics and earned the National Honor Society's AP Scholar with Distinction award. 

 



 

 

Additional financial professionals are available to work with the Merit Capital Advisors team on a consulting basis