Lillian Meyer is a Managing Director of Bluescape Energy Partners and a Director of Parallel Resource Partners and Bluescape Resources Company. In this capacity, Meyer is primarily responsible for driving performance improvement of the existing investments, evaluating strategic decisions, overseeing operational and legal due diligence processes of prospective investments, implementing performance measurement protocols, and managing Bluescape’s liquid portfolio.
As a Managing Director of Bluescape Energy Partners, Meyer helped lead more than $500 million of transactions across 10 investments in both the E&P and Power space. In aggregate, the investments have created almost $175 million in value, with a 50% IRR and 1.3x MOIC. Meyer was primarily involved in Bluescape’s investments in EXCO Resources, Clean Line Energy Partners, NRG Energy, Cove Key Partners, and FirstEnergy Solutions.
As a Director of Bluescape Resources Company and Parallel Resource Partners, Meyer has been a key part of a team that has executed fifteen private equity investments totaling $1.2 billion of risk capital and achieving an 11% gross IRR and 1.2x gross MOIC with a 0.8x cash realization, returns which beat the small cap public E&P basket by 290% over the same time period. These returns were also achieved during a period when natural gas declined from over $13/MMBtu to less than $2/MMBtu and crude oil declined from over $130/Bbl to under $50/Bbl. Meyer led the negotiation and execution of more than 50% of the capital deployment and approximately 80% of the realizations. Meyer also assists in preparing quarterly valuations for Parallel’s portfolio holdings and on the Valuation and Risk Committees of Bluescape and Parallel.
Meyer was formerly Director of Strategy and M&A at TXU, now known as Energy Future Holdings, where she focused on execution of restructuring plans and evaluating strategic decisions. Meyer was the lead analyst for a $2 billion sale of a regulated gas company (32% IRR, 1.2x MOIC), a $500 million sale of a pipeline company (290% IRR, 2.7x MOIC), and a $42 billion sale of TXU. TXU delivered total shareholder returns of over 400% and annualized returns of 65% -- placing 5th among the S&P 500 -- and created over $32 billion of shareholder value. Prior to TXU, Meyer worked for Arthur Andersen business consulting in Shanghai, where she advised clients on a wide range of transactions.
Meyer earned a bachelor from Shanghai University of Science and Technology. She received a master of business administration concentrating in finance and management and a master of accounting from Tulane University. Meyer is a Chartered Financial Analyst (CFA).