SAN FRANCISCO--(BUSINESS WIRE)--Generate Capital, Inc., the leading partner for the Infrastructure Revolution, announced today that Nam Tran Nguyen has joined the Company as Chief Operating Officer and Andrew Marino as Senior Managing Director and Head of Strategy. As the company’s first Chief Operating Officer, Nguyen assumes responsibility for the Company’s operations, including the more than 2,000-asset fleet, Generate’s data and technology function and its customer success activities supporting the hundreds of enterprises, communities and campuses that rely on Generate for affordable, reliable and sustainable resources. Marino will lead the Company’s strategy efforts, drive key partnerships and investment opportunities with pioneering project developers and technology companies, and help Generate’s partners achieve their goals rebuilding the world.
Nguyen brings to Generate more than a decade of experience as an executive at leading firms in the clean energy sector. Prior to joining Generate, she served as Executive Vice President at SunPower, one of the largest solar companies in the world, with leading market share position in the US. Nguyen ran SunPower’s commercial and industrial solar division, a more than $500M revenue business. Previously, Nguyen was Vice President of Global Business Development at First Solar, where she led the sale and financing of First Solar’s project pipeline totaling more than $8 Billion of financings. She also has held investment banking roles in New York, Singapore and Los Angeles.
“If you’re active in the clean energy market, you know Generate for its novel business model which has enabled it to stake out a leadership position in this fast-growing industry, and for its clear commitment to ensuring all stakeholders matter,”” said Nguyen. “Generate was founded expressly to solve the challenges of bringing innovative and sustainable infrastructure projects to market. It is impressive to see the Company’s dramatic progress across a range of asset classes including power, transportation, waste and water. The next phase of growth will be an exciting challenge and opportunity, and I’m thrilled to join this incredible team to take it on.”
Marino comes to Generate from over fifteen years with the Carlyle Group, a multinational private equity, alternative asset management and financial services corporation. There he served as Partner, Managing Director and co-Head of Global Infrastructure Investing. In prior roles, Marino served as COO of Energy and Natural Resources Investing and Managing Director in Carlyle’s flagship U.S. Buyout business. During his time at Carlyle, Marino was instrumental in establishing new investment areas of the firm, served on several fund investment committees, and held Director positions on many Carlyle portfolio company Boards. He is an acknowledged thought leader in the field of sustainable infrastructure investing.
“During my tenure at Carlyle, I came to know Generate as was one of the most interesting players in the sustainable infrastructure sector. I am particularly compelled by its vision to transition the world to a more decentralized, decarbonized and digital energy future and its partnering approach. Generate’s culture of innovation, mission and strong alignment with its investors are important factors in my decision to join the Company. I am excited to join Generate during this phase of its growth and honored to partner with the Generate team to create value for stakeholders and build a more sustainable future for us all.”
“Nam and Andrew are both critical hires for Generate as we continue our aggressive growth. With Nam, we are incredibly fortunate to have a senior executive with such obvious talent, experience and aligned values to lead the operational side our business. Andrew adds tremendous expertise and experience to our investment team with an impressive track record of delivering great returns for investors, building top teams, and innovating in the infrastructure arena. Their additions bolster our senior leadership team and highlight that all of our success delivering for our many stakeholders starts with the quality and values of our people,” said Scott Jacobs, CEO and co-founder of Generate.
Generate is the one-stop shop driving the Infrastructure Revolution, providing both money and support to project developers, technology companies, and system integrators while delivering affordable, reliable and sustainable resources to customers. Together, we are rebuilding the world. Founded in 2014, Generate now works with more than 25 infrastructure pioneers building, owning, operating, and financing the sustainable infrastructure that provides affordable, reliable resources to more than 1000 companies, communities and campuses. www.generatecapital.com