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EPS has decades of senior management experience in project finance, engineering, construction management, and project development and contracting for institutional, industrial, and commercial energy efficiency projects. The team has proven their skills over the decades, providing technical services for, and developing and handling some of the most sophisticated energy engineering projects in North America, as well as in 14 other countries.

Thomas K. Dreessen
President & CEO

Mr. Dreessen has served as President or CEO of an ESCO since the virtual formation of the U.S. performance contracting industry in 1981. He was one of the principal individuals in 1984 to develop the use of "third-party" leases for financing energy performance contracts on an "off-balance sheet" basis in the U.S. Mr. Dreessen's extensive financing and performance contracting expertise enabled him to successfully negotiate some of the largest ESCO projects in the US. During his 25+ years in the ESCO industry, Mr. Dreessen has acquired a track record of structuring and financing large, comprehensive performance-based projects around the world. Mr. Dreessen has utilized his financing and performance contracting expertise to enable him to have successfully developed and financed the first performance-based projects in several emerging markets where he has developed projects, most notably an $11 million iron ore plant project in Russia, three (3) projects for $10 Million in the Czech Republic, and the first project in Slovakia. In the last few years, Mr. Dreessen has focused his efforts on developing financing procedures in the US and overseas for ESCO projects developed by others, and in the US and Canadian healthcare markets. As a result, he is in demand to provide structuring of energy efficiency deals, and to configure innovative financing techniques. Some of his project activities have included the Albany Medical Center, Albany NY, which won a Governor's Energy Award for the State of New York; Louisiana State University Gas Turbine Project; Master Energy Services Contract negotiated with the State of New York for many of its State-owned facilities utilizing DSM funding from the Niagara Mohawk utility; and a series of energy efficiency retrofit programs at the Boston Medical Center and BU Medical Campus there.

Mr. Dreessen is a current Board Member and a previous President (1993 - 1994) of the National Association of Energy Service Companies (NAESCO), the industry association of ESCOs in the United States, and currently serves as Chairman of NAESCO's International Affairs Committee. He is also a Board Member of the Alliance to Save Energy, and EVO (formerly the IPMVP) and is active in a number of other private and public sector associations.

Mr. Dreessen is a Certified Public Accountant and holds a B.B.A. in Accounting and a M.B.A. degree from Lamar University.

Bruce K. Colburn, Ph.D., P.E., CEM
Chief Operating Officer

Dr. Colburn is responsible for day-to-day control over project activities. With responsibility for all project implementation issues, he works closely with clients and EPS field personnel to provide all necessary expertise and resources for energy studies, economic evaluation, project costing, engineering design, installation of equipment, and on-going maintenance and monitoring. Dr. Colburn has extensive experience in the energy conservation field, and in particular, energy performance contracting. He has been responsible for energy studies, field data acquisition, automated building control systems, building commissioning work, and mechanical and electrical retrofit work. He holds a BEE, MS, and Ph.D. in Electrical Engineering and is a registered professional engineer in mechanical and electrical engineering in a number of States.

Dr. Colburn has been a lecturer at a number of energy training programs sponsored by various state energy agencies; the Department of Energy, ASHRAE and AEE. Prior to entering the consulting field, Dr. Colburn was Associate Professor of Electrical Engineering at Texas A&M University. He is a widely published author with over 50 publications to his record. In addition, he has co-authored and contributed chapters to five books on automated controls, energy efficiency and power systems. He is a member of the AEE, IEEE, ASHRAE, AIST, and is associate editor, reviewer, awards committee member, director and advisor for numerous technical journals and engineering organizations. Past industry awards include induction into the AEE Hall of Fame, AEE Energy Professional Development Award, Sigma Xi Research Award, IEEE Prize Paper Award and Houston Chapter AEE Achievement Award.

Before becoming a university professor, Dr. Colburn worked for General Motors in manufacturing; and with NASA on the Space Shuttle, Space Tug and TDRSS. The modeling and analysis of electro-mechanical systems has been utilized in the energy engineering field in utility savings analysis. He has championed the expansion of energy efficiency into maintenance and manufacturing savings to further broaden the financial benefits of energy efficiency and performance contracting in the international industrial sector. He has been active in reducing greenhouse gases through energy efficiency, working with a number of international agencies promoting the benefits of the Kyoto Treaty. Some of his past industrial projects include projects in mining, steel, iron pellets, cement, glass manufacturing, pulp and paper, textiles, dewaxing, salt manufacturing, and pharmaceuticals amongst other areas. His commercial and institutional work has covered a wide range, from individual buildings, to large commercial and university campuses and hospital and nurse care facilities. His work has encompassed a wide range of facility types in 16 countries. He has also served as an Expert Witness and performed Forensic Analysis on a number of assignments around the US.

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