MEHIMcKee Environmental Health, Inc. (Houston, TX)
MEHIMachine Enhanced Human Intelligence
MEHIMedia and Entertainment Holdings, Inc. (New York, NY)
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Prior to MEHI, Clauser was a Partner with the Media & Entertainment practice of Strategic Services at Accenture, where he had been from 1997 until 2005.
The credit facility is secured by a 65% equity interest in MEHI's assets, a pledge of two inter-company notes totaling $286 million (issued by MEHI to MEC Holdings and EME UK International, LLC), as well as a $499 million inter-company note (from EME Homer City Generation L.
Proceeds from the loan were cross streamed to repay $781 million of debt issued by fellow MEHC subsidiary Edison Mission Midwest Holdings (EMMH) which matured in December 2003, allowing EMMH to avoid default, and to repay an MEHI coal and cap-ex facility guaranteed by Edison Mission Energy.