Mayra Addison joined the faculty as a lecturer in 2012 and teaches Integral Economic Development for the School of Business and Economics.
Mayra Addison advised both government and private utilities on a vast range of issues from overall sector restructuring strategies to specific technical, operational, regulatory, legal, contractual, and transactional aspects of electricity distribution and generation, water treatment and distribution, telecommunications and transportation. She conducted several transactions involving the introduction of private sector to traditionally state-owned systems. The projects entailed assisting governments in developing countries to devise strategies to attract private sector participation, creating the enabling regulatory framework to stimulate investment, improving tariff setting methodologies, strengthening the capacity of government institutions and developing a sustainable implementation strategy. Some of the projects involved structuring concession contracts, capital investment structures, joint-venture agreements, valuation, asset assessment, tariff adjustment issues and base price of companies being sold in competitive bids.
Prior to teaching, Mrs. Addison worked at Stone & Webster as an Associate Director, at the International Finance Corporation (IFC) as an Investment officer and at Coopers & Lybrand L.L.P as a Senior Consultant.
Mrs. Addison holds a Masters in Business Administration from the University of California at Berkeley and graduated as an Industrial Engineer from the University of Buenos Aires.
Projects, Lectures, and Presentations to Governments
The Gambia / Strategy for Restructuring, Regulation and Privatization of the electric and water company.
Project manager for this multidisciplinary project that entailed the creation of an electricity and water law, the institutional capacity building to regulate and to attract private sector participation in both sectors, and the assistance to the Government in the privatization transaction.
Venezuela / Cost and Tariff Study
US based project manager of a study aimed at developing a new pricing regulation for the electric sector in Venezuela, including generation, transmission and distribution The study tested different tariff methodologies and considered social safety net reforms in light of cost reflective new tariffs.
Turkey / Selection of a Qualified Operator for a Distribution Utility
Mrs. Addison assisted an investor in the selection and negotiations with a qualified distributor to sign a Management Contract for the operation of a 450,000-customer electricity distribution utility in Turkey.
Panama / Restructuring and technical due diligence for the privatization of the national electric utility (IHRE) -
Mrs. Addison advised the Government of Panama and the International Finance Corporation (IFC) in the in the restructuring of IHRE’s assets in preparation for privatization.
Brazil / Privatization of state-owned Distribution Companies in Maranhao, Ceara and Pernambuco and structuring of an IPP transaction
Mrs. Addison conducted IFC missions to several states in Brazil to appraise potential introduction of the private sector in electricity distribution companies.
Brazil / Water BOT for the state of Sao Paulo
Mrs. Addison assisted Sabesp with feasibility studies to promote among private investors the construction of the Juquitiba water treatment facility as a BOT project.
Venezuela Power Sector Restructuring and private sector participation
Mrs. Addison acted as main advisor to the Government of Venezuela in the sale of state-owned power sector assets in Margarita Island and was responsible for preparing all sale documents. As part of the project Mrs. Addison discussed extensively with government officials the reform of the Venezuelan electric sector, using as examples the Peruvian, Chilean and Argentine cases.
Haïti / Restructuring of Electricité d´Haïti
As advisor to the Government of Haiti in the restructuring of the country’s electric company, Mrs. Addison evaluated the financial implications of different industry restructuring schemes, including the separation of generation from distribution and the creation of different regional companies.
El Salvador / Country Privatization Strategy
Ms. Addison designed the Privatization Program for El Salvador, including the identification of enterprises and services to privatize. She identified regulatory and institutional restructuring needs and suggested privatization options, including the participation of employees in the ownership.
Nicaragua / Government Institutional and Restructuring Study
Mrs. Addison was responsible for the functional review of the Ministry of Social Action, and for developing restructuring recommendations. She acted as field manager for a multidisciplinary group of consultants analyzing several ministries under the same project.
Mexico / Restructuring and concession of services for Mexican Railways
Mrs. Addison was responsible for implementing Coopers & Lybrand’s restructuring strategy. She prepared packages to transfer specific commercial services to the private sector, and analyzed different schemes for private sector participation in other services under study for privatization.
Panama / Employee ownership options
Mrs. Addison evaluated legal requirements and regulatory framework for the participation of employees in the ownership of privatized companies in Panama. She analyzed, and presented to Panamanian Government officials the different participation options and participated in on?going negotiations with the labor unions.
Peru / Privatization of Peruvian Telecommunication Companies
Mrs. Addison advised the Peruvian Government as part of a multi-firm team responsible for the telecommunications sector restructuring in preparation for private sector investment.
Peru / Mining Conglomerate Privatization
Mrs. Addison was a member of a multi?firm team advising the Peruvian Government on the restructuring and privatization of the second largest mining concern in South America.
Having worked in so many developing countries and seeing the need for a true integral approach, where the human person is the center of the solution tailored for each problem, I rejoice in being able to transfer to the new generation of leaders in development my hands-on experience in transforming the infrastructure, the institutions and the regulations in the context of Catholic University’s School of Business and Economics unique approach.– Mayra Addison
In Her Words ...
Office: 309 McMahon Hall
Office hours: By appointment
EducationM.A., Business and Finance, University of California at Berkley
B.S., Industrial Engineering, University of Buenos Aires
Areas of Expertise