Kurt Strunk is complimented for his "exceptional understanding of utility operations" as well as his "strategic insight on key issues" by clients, who consider him an "excellent witness".
Kurt Strunk is a seasoned energy and finance expert with 25 years of experience working in energy disputes and as an adviser to energy companies, governments, and regulators, based in NERA’s New York City office. He has provided expert testimony and reports on over 100 occasions in international and domestic arbitration, litigated court disputes, and adversarial regulatory proceedings. Mr Strunk has addressed the quantum of damages in construction disputes, breach-of-contract cases, and alleged expropriations. He has also testified on asset and contract valuation, mergers and acquisitions, regulatory reform, cost of capital, pipeline access, and the design of competitive energy markets.
Mr Strunk has deep expertise in the energy sector, including oil and gas production; midstream pipelines and electric transmission; power plants (solar, wind, hydro, nuclear, and conventional coal and gas); wholesale and retail markets for power and gas; upstream and downstream oil markets; and distributed energy resources such as rooftop solar. He has led due diligence and valuation exercises in support of investors in a variety of power, oil, and gas M&A transactions.
Mr Strunk has extensive knowledge of the electric power industry, including the commercial and institutional frameworks for independent power development, concessions and other infrastructure contracts, fuel supply arrangements, and competitive solicitations. He has a keen understanding of the operational, strategic, and financial challenges electric and gas utilities face and has evaluated merger synergies. Mr Strunk has advised on oil and gas mergers and acquisitions, valuation, restructuring, contracting, tariff-making, commodity procurement and risk management, and product pricing.
Mr Strunk’s professional experience spans six continents and includes work in English, Spanish, and French.