In 2001, Michael Polsky founded
Invenergy LLC, a leading clean energy company focused on the development, ownership, operation and management of large-scale electric generation assets in the North
American and European markets.
The company serves a wide range of utilities, load-serving entities, energy merchants
and industrial customers. The company’s
electric generation assets primarily include
large-scale wind energy and clean natural
gas fueled electric generating facilities.
Polsky, who serves as president and CEO,
started the company at a time when the
independent power industry was in significant distress. Many power companies were
going bankrupt — the most notable being
Enron. Through his leadership, Invenergy
approached the situation opportunistically,
securing strategic assets at significant discounts and seeing new opportunities in the
alternative energy space.
Part of this strategy included shifting from
its previous focus on thermal power plants to
moving aggressively into the alternative energy sector before “green” was mainstream.
Currently, Invenergy is one of the few companies willing and able to commit resources
to the renewable industry despite the uncertainty in the regulatory and tax landscape.
Invenergy also has a flat organizational
structure, providing employees with significant autonomy that facilitates its entrepreneurial culture. Though the company has
grown significantly since its inception, the
entrepreneurial beginning provides the
foundation for creativity and productivity.
The company also regularly sponsors and
supports educational initiatives at local project sites. At the national level, the company
is committed to being a part of the energy
solution by being a leader in the clean and
renewable energy space.
HOW TO REACH: Invenergy LLC, www.invenergyllc.com