Who we are
Madison Energy Investments is a platform that develops, owns and operates distributed generation projects within the commercial and industrial (C&I) and small utility-scale sectors. The founding partners bring a variety of expertise in business development, finance, construction, and operations. The team’s combined industry experience of over 30 years has produced best practices in project development, construction, financing as well as a comfort level with a variety of technologies, engineering solutions, financing structures, state markets and incentives, utility programs, tariff structures, and complex asset management. Most importantly, the experience has allowed the team to develop first class relationships with experienced, local partners in dozens of markets throughout the United States.
Steve oversees all activities relating to finance at Madison Energy Investments. This includes structuring of partnerships, arranging corporate and asset financing and investor relations. Prior to co-founding Madison Energy Investments, Steve spent 3 years at WGL Energy where he was responsible for tax equity partnerships totaling over $300M in project value including partnership structuring, financial modeling, solar project evaluation, acquisition due diligence, asset management and partnership operations. Steve also previously worked in consulting at Deloitte and investment banking at Simmons and Company. Steve graduated with a Bachelors in Business Administration from James Madison University and received his Masters in Business Administration from Darden School of Business.
Jack oversees all activities relating to Operations at Madison Energy Investments. This includes system design, project management, permitting, EPC negotiations and asset management. Prior to co-founding Madison Energy Investments, Jack spent 6 years at WGL Energy where he was Director of Operations and Asset Management. He oversaw all construction of over 300 MW of C&I distributed generation assets and managed a portfolio of over 300 assets totaling 320 MW across 20 states. Jack also previously worked in a number of construction related roles at Q Cells, Standard Solar and NVR. Jack graduated with a Bachelor of Science from James Madison University and received his Masters in Business Administration from West Virginia University.
Rich oversees all activities relating to Business Development and Strategy at Madison Energy Investments. This includes project origination, new market analysis and partner and customer relations. Rich spent 5 years at WGL Energy where he led business development activities related to solar. He originated over $300 million of projects across dozens of state markets with clients ranging from the Federal Government to professional sports teams. Rich also previously worked in renewable energy advisory with Sterling Planet. Rich currently serves as the US representative for the World Energy Council’s Future Energy Leaders Programme. He graduated with a Bachelor of Science from Samford University.
Shivapriya works in Business Development at Madison Energy Investments’ New York office. She evaluates and performs strategic due diligence on the North American C&I solar and storage deal flow for capital deployment. Previously, Shivapriya worked with the Norwegian utility Statkraft to help develop its C&I solar business in India and negotiated large C&I behind-the meter and open access solar opportunities with a combined capacity of close to 200 MW. Shivapriya also worked as a Power & Utilities Analyst with Ernst & Young India for four years, where she collaborated with Indian and European partners as well as global solution teams on Energy Advisory and Assurance business development and research. She graduated from International Management Institute, Delhi, India, where she finished her MBA in 2012. She received a merit certificate from the Dean for graduating third in her batch.