Co-Founder of the Rocky Mountain Institute (RMI)
Head of Capital Strategies/Executive Director of Sustainable Finance at J.P. Morgan Chase
I’m excited to announce the selection of my co-founders Thomas Byrne and Jon Powers to the inaugural Solar 40 under 40 list from Renewable Energy World. We founded CleanCapital in 2015 to make it easy to invest in clean energy. Since then we’ve built a proprietary technology platform that identifies, screens, and manages clean energy projects, enabling project owners an opportunity to exit their portfolios while providing accredited investors—including institutional investors, family offices, and investment funds—unique access to the clean energy investment market.
Be excited and inspired by your fellow co-founders
Having worked with Thomas Byrne and Jon Powers for nearly three years, I’m proud of the company and team we’ve built together at CleanCapital. Their passion and commitment to the clean energy industry remains a driving force for our company.
Their leadership is an inspiration to our whole team and you don’t have to take my word for it.
I’ve known Jon since his days working in the White House for the Obama administration. His ability to bring synergies to the market, understand and overcome the barriers facing clean energy and sustainability is exceptional. His background in the military and passion for finding solutions to climate change resonate through his work everyday. Thom’s innovative approach and outlook to clean energy finance will help expand the clean energy marketplace as whole and drive more capital to the clean energy technologies that help the economy as well as the climate. This inspiring vision is what pushed me to join the team at CleanCapital and I’ve enjoyed every minute of it.
Zoe Berkery, Vice President, CleanCapital
I’ve known Thom for over a decade and continue to admire his clear commitment to the advancement of solar energy and his ability to develop innovative solutions to industry challenges. When it comes to executing on the most complicated transactions and leveraging partnerships, there is no one better to lead the charge than Jon. Working together, Thom and Jon continue to make unparalleled contributions to the clean energy space and I’m honored to work beside them.
Melinda Baglio, Head of Acquisitions and General Counsel, CleanCapital
Believe in your solution
Our company was founded on the idea that investing in clean energy doesn’t have to be so hard. We’ve celebrated major milestones in the development of our proprietary technology platform to streamline the project acquisition and investment process. Last month, we celebrated another milestone: two of our projects were ranked as top performing assets by kWh Analytics in the industry’s first “Asset League Table.”
Addressing the climate crisis requires a significant increase in both public and private capital investments in clean energy. Some estimates are as high as $90 trillion over the next 15 years. The reality is that despite the historic growth clean energy is seeing, investment in the sector remains largely stagnant. By leveraging technology to streamline the entire financing process from facilitating data transfer and diligence from the sellers, to comprehensive and ease of underwriting by our investor partners. This efficient use of technology helps us to close transactions quickly and reduces many of the points of friction inhibiting broader investment in clean energy.
Looking to the future
I’m excited about the work we do at CleanCapital. In the last few months, our team has leveraged our new partnership with CarVal Investors to acquire new assets and bring our total to nearly $150 mil in operating solar assets. Through our proprietary platform and capital partnerships, the CleanCapital team continues to bring liquidity to a historically capital inefficient clean energy marketplace.