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INVENERGY LLC JOINS U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
North America's largest independent wind power generation company
U.S.-Ukraine Business Council (USUBC)
Washington, D.C., Monday, July 2, 2012
WASHINGTON, D.C. - Invenergy LLC, a Chicago-based company that develops, owns, and operates clean energy generation facilities in North America and Europe, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today.
The announcement was made on behalf of the entire USUBC membership of over 188 companies and organizations who have business operations, investments or other development programs in Ukraine.
Invenergy has developed over 6,600 megawatts of utility-scale renewable and natural gas-fueled power generation facilities in the United States, Canada, and Europe. This includes more than 5,100 megawatts of projects in operation, with more than 1,500 megawatts under contract or in construction.
Invenergy is North America's largest non-utility-affiliated wind power generation company, and has a commitment to innovation in the energy sector. Invenergy is headquartered in Chicago, with regional offices in Denver, Washington, D.C., and Toronto.
Its expertise includes a complete range of fully integrated in-house capabilities, including development, permitting, transmission, and interconnection; energy marketing and finance; engineering and project construction; and operations and maintenance
CLEAN POWER IS THE FUTURE - WIND, SOLAR, THERMAL
Invenergy believes that clean energy creates jobs, spurs investment and innovation, benefits the environment, and is vital toward energy independence. Affordable clean energy helps persify our power supply and is critical to meeting rising energy demand.
Invenergy Wind: With an experienced team of professionals and a strong track record of success, the company has developed and placed into service 32 wind farms across the United States and in Canada and Europe, totaling over 2,800 MW.
Invenergy Solar: The company is applying its renewable energy experience and innovation toward expanding its clean energy portfolio to include solar power generation. Invenergy is nearing completion of its first solar project, the 20 MW Grand Ridge Solar farm in Illinois. It also has two additional 10 MW solar projects under long-term contract in Ontario, Canada, with additional projects in various stages of development across North America.
Invenergy Thermal: The company’s portfolio includes more than 2,200 MW of natural gas-fueled electric generating projects in operation in North America, including greenfield projects initiated by the company, as well as facilities Invenergy has acquired and developed.
MICHAEL POLSKY, PRESIDENT & CHIEF EXECUTIVE OFFICER
With thirty years of experience in the energy industry, Michael Polsky is widely recognized as a pioneer and an industry leader in the cogeneration and independent power industry in North America. He founded leading clean energy company Invenergy more than ten years ago.
Previously, in 1991, Polsky founded SkyGen Energy - a developer, owner, and operator of natural gas-fueled generating plants – which was purchased by Calpine Corporation in 2001. Before forming SkyGen, Polsky co-founded and was President of Indeck Energy Services Inc.
Polsky, who was born in Ukraine, holds an MSME Degree from Kiev Polytechnic Institute (Kiev, Ukraine) and, after coming to the United States, earned an MBA from the University of Chicago. In 2002, Polsky endowed a center for Entrepreneurship at the University of Chicago Graduate School of Business, which is named after him.
JOE CONDO, VICE PRESIDENT & GENERAL COUNSEL
Joe Condo oversees all corporate legal affairs for Invenergy, and is responsible for developing and implementing corporate legal policy. He serves the company as counsel on a wide range of transactions in North America and Europe, including private equity financings, mergers and acquisitions, and other commercial business, and also is Invenergy’s primary representative on federal legislative issues.
Condo joined Invenergy after five years as senior counsel for Calpine Corporation. Earlier, he served as an assistant corporation counsel of the City of Chicago and an assistant attorney general for the State of Iowa. Condo has a BA in Communications from the University of California at Los Angeles and a JD from the University of Southern California. He is a member of the state bars of Illinois, Iowa, California, and the District of Columbia.
INVENERGY LLC AND U.S.-UKRAINE BUSINESS COUNCIL (USUBC)
"USUBC is very pleased to be working with a very progressive, dynamic clean energy company like Invenergy," said Morgan Williams, President, U.S.-Ukraine Business Council (USUBC). "USUBC looks forward to working with Michael Polsky, Joe Condo and their colleagues," Williams stated.
For additional information about Invenergy LLC, Chicago, Illinois, go to: http://www.invenergyllc.com/
TWENTY-ONE NEW USUBC MEMBERS IN 2012
New members of the U.S.-Ukraine Business Council (USUBC) in year 2012 include the following twenty-one companies: Arzinger law firm; Bank Kontrakt; BDO LLC Ukraine; Cub Energy; DuPont Ukraine LLC; Encom Group; EPAM USA PLLC; HPI, LLC; Intel Ukraine; Invenergy LLC; McLarty Associates; NEI (New Energy Inovation); Pioneer Hi-Bred Ukraine LLC; Public-Private Partnership Development Program (P3DP)/ FHI 360; Raven Industries; SC Johnson; Sunrise Agro; TD International; Vanco Prykerchenska Ltd; Willard; and the World Federation of Ukrainian Medical Associations.
USUBC MEMBERSHIP REACHES 188 USUBC membership has grown rapidly during the past six years. Membership now stands at 188. In January 2005 membership was eight; two years later it had grown to 22; in January 2009 it reached 100; and in January of 2011 topped 150. A complete list of USUBC members can be found at: http://www.usubc.org/members.php. For a list of the USUBC board of directors go to:http://www.usubc.org/site/u-s-ukraine-business-council-board-of-directors.