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