Chapter 223: Big Dreams

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After a pause, leaving time for everyone to digest, Guo Shouyun continued: "Jonathan, I have adopted your strategy of opening up sources and reducing expenditure. I'm going to give you three months to put things in order. In three months, I want to see a concise, efficient leadership, a clear management system for rewards and promotions, and a united company atmosphere, can you do it?"

"Yes!"

Jonathan Weil nodded without hesitation. He was about to get a platform to display his talents, and he was more confident than ever.

"Very good... In addition to this, you will have to submit to me a plan for the site selection and construction of the new power plant. Over the next three years, Pan Pacific Power will grow by 6,000 megawatts of electricity. ”

"Boss, funding...?" said CFO Jeff Durant.

The construction of the 6,000-megawatt power plant would require about $5 billion, and even if half of it could be financed with loans, the remaining $2.5 billion would not be able to be met by the debt-ridden Pacific Group today.

"I'll talk about funding later. ”

Soon Ricky Cousi, as chief risk officer, quickly raised his right hand. After getting Guo Shouyun's permission, "Boss, now the annual electricity consumption of the whole of California can be met with only 38,000 megawatts of installed capacity." At present, the installed capacity of power plants in California is between 2.8~32,000 megawatts. Consider that you will use less electricity in the winter and be able to replenish your electricity from the surrounding states and Canada in the summer. Isn't it too wasteful to build a new 6,000-megawatt power plant? California can't hold that much power! Of course, if the boss wants to make money from energy trading, I think it can be done after the company's business is improved. ”

Guo Shouyun smiled and nodded, "I can understand Mr. Cosi's risk-taking considerations, but I have never limited Pan Pacific's business scope to California! In addition, we should also understand a trend that with the spread of the Internet and the decline in the price of personal computers, the demand for electricity from users will continue to rise over time." In particular, California, as the most economically developed state in the United States and the highest concentration of technology companies, this growth trend will be more obvious. In order to avoid a situation where supply exceeds demand again, it is necessary to build power plants in advance. Of course, this requires a lot of money, but I'll solve this problem. ”

Ricky Cousie nodded, as a risk officer, his responsibility has been fulfilled. How to make a decision, it is still Guo Shouyun, the chairman, to make the decision.

"Steve, as CEO of Pan Pacific Utilities, you're not only going to have to work with Jonathan to complete the company's internal reorganization, but you'll also need to come up with a viable plan to improve the company's aging line. I'll take care of the specific funding needed. Guo Shouyun continued.

Steve Jordan nodded with a serious expression, and among all the people present, he had the largest span of positions. Before being promoted to CEO of three subsidiaries by Guo Shouyun, he was the general manager of Pacific Power & Gas' San Francisco branch.

After a moment of reflection, Guo Shouyun continued: "Unlike the construction of new power plants, pipeline renovation can begin immediately. This will also give us a reason to cut off the power and thus reduce the company's losses in the next energy crisis. ”

Although Guo Shouyun knows that this approach will not play a decisive role in ending the energy crisis, it can save some money.

"Understood!"

"John, out of all of them, you don't have experience in the energy industry. However, the requirement of the Pan Pacific Energy Exchange is a good user experience, which I have always emphasized when I was on LinkedIn. As long as you keep your website concise and easy to operate, you're halfway there. For the rest of the energy trading part, as well as the market side, there will be dedicated people to assist you!"

John Roberts, who was originally the head of LinkedIn's social division, has now been promoted by Guo Shouyun to the position of CEO of Pan Pacific Energy Trading Network.

"Jeff, Chuck, and Richie, you are in charge of finance, personnel, and risk control, and you have to cooperate with Jonathan to complete the transformation of the company's internal affairs!"

After the three nodded, Guo Shouyun's gaze turned to the only non-executive director next to him, Balbe Douglas, the former CEO of Pacific Power and Natural Gas Company.

This veteran executive who has been in the energy industry for many years, although he screwed up the company, has deep connections and prestige in the American energy circle because of his moderate character. Guo Shouyun left him with the intention of using this prestige and connections.

"Mr. Douglas, I need your help with something!"

After clicking on the head, he looked at the young man with respect in his tone, "You kept our original promise, so I also keep my promise to help the development of Pan Pacific." Of course, as long as you can still look at my old bones!"

"Mr. Douglas was too modest. I have never doubted your ability! The crisis in the Pacific is caused by external causes, not through your own fault. ”

After shaking his head with a wry smile, "Thank you for the compliment." Even though I know it's more out of respect, I'm very grateful!" sighed, "Okay, tell me about your plans, and see if there's anything I can do to help?"

Guo Shouyun nodded, and did not say any more comforting words, otherwise it would not be respect, but humiliation.

"I guess you've learned that from the previous words. I don't intend to limit Pan Pacific's operations to California. So, please come forward and organize an acquisition team on behalf of the company to acquire electric and gas utilities in the surrounding states. ”

"Takeover?" said Balbert Douglas, stunned.

"Not bad. In the midst of California's energy crisis, not only California's utilities, but also similar companies in surrounding states have been hit hard. Now is the time to eat them at the floor price. ”

"Electric and gas utilities in the surrounding states, affected by the California energy crisis, have not yet collapsed, but most of them are in debt. Aren't you afraid of the loss caused by buying them?" said Barbe Douglas as he stared at the young man opposite.

"Don't be afraid. Since I plan to eat them, I will naturally bear the loss!" Guo Shouyun said confidently with a smile on his face.

The huge amount of money earned from gold speculation requires an investment direction, and the Internet obviously cannot hold so much money. The financial industry is okay, but he does not plan to get involved in the securities and banking industry for the time being, out of scruples about Goldman Sachs, Citigroup, Seymour and Bank of America.

In terms of asset management and wealth management, ISHARES has not yet digested and is not suitable for large-scale expansion.

In the media industry, the other party he can see will not sell, and he can't sell it for the time being, or the opportunity is not yet there.

In the high-tech industry, after winning Apple, his desires have been greatly satisfied, and there is no need to continue to expand for the time being. The most important thing is that the timing is not right.

However, it is a new entry into the energy industry, because of the relationship between the California energy crisis and the post-NASDAQ crisis in the United States, there are almost all kinds of opportunities. Moreover, it has great development potential, and the demand for funds is also large. The most important thing is to wait until 03 years from now, when energy prices skyrocket, and profits will roll in.

Looking at Guo Shouyun's confident expression and realizing that he was not lying, Barbe Douglas nodded.

"Do you have a specific goal?"

However, Pan Pacific's direction is to build the largest electric and natural gas utility in all 50 states, including Washington, D.C. As long as it is a company that is helpful to this goal, Mr. Douglas can start acquisition negotiations!"

When Guo Shouyun's words fell, not only did Barbe Douglas have a shocked expression on his face, but the rest of the people around him were also surprised that his ambition was so huge.

"Do you know how much money your plan will need to come true?" asked Barbe Douglas, looking at Guo Shouyun with the eyes of a madman.

"How much?"

"At least $120 billion!"

"Is 120 billion? It's a lot lower than I thought!" Guo Shouyun nodded.

As the words fell, he smiled as he looked at the jaws of everyone around him who were about to drop.

"Guys, don't be so surprised. I know that what I have just said is a huge dream for Pan Pacific right now. But if it takes the same amount of energy to dream a big dream as it takes to dream a little bigger, why don't we make it bigger? And I also believe that as long as we work in this direction, it will come true one day. ”

After a pause, looking at the still speechless appearance of everyone, Guo Shouyun continued: "Since everyone still feels unrealistic, let's make it realistic step by step... Mr. Douglas, in the next six months, please pay attention to the utilities in Nevada, Oregon and Washington, and I will dedicate $4 billion to support the expansion of Pan Pacific in these three states!"

"$4 billion!?"

This is obviously a surprising number.

"Boss, you know, there are three companies in the group now!" Jeff Durant, as the chief financial officer, couldn't help but remind.

"Of course I do. But you don't have to worry about funding. Whether it's a power subsidiary, a utility subsidiary, or an energy trading website, I will definitely support the funds for this support. But there's one thing, if anyone wastes my investment, then he can say goodbye to Pan Pacific!" Guo Shouyun said categorically.

“… Okay, that's all for today's meeting. After you go back, write me a work report for the third quarter and a proposal for the company's development plan for the next three years. ”

After explaining, Guo Shouyun stood up.