WASHINGTON--(BUSINESS WIRE)--Galway Sustainable Capital, Inc. (“GSC”) Grows Its Team.
GSC has announced the expansion of its ESG team with the addition of Sarene Marshall as Chief Sustainability Officer. Ms. Marshall, formerly of the Inter-American Development Bank (IDB), Urban Land Institute (ULI), and the Nature Conservancy (TNC), brings decades of diverse experience from the non-profit and multilateral spaces, as well as in management consulting.
At the IDB, Ms. Marshall spearheaded renewable energy, zero-waste and fleet management initiatives for the Bank’s own activities. She also served as Global Managing Director for Climate Change at TNC, where she worked on climate policy and land-based issues in forestry and agriculture. At ULI, she collaborated with real estate professionals and city leaders to reduce energy, water, and waste from buildings, while also making the case for climate-resilient urban development.
GSC has also added significant talent to its investment team:
Solar veteran Rich Haddon has joined GSC as Operating Director to lead the company’s initiatives in distributed and renewable power. Previously, Mr. Haddon led GSC-backed Sterling Power, after having spent over a decade in solar development and finance at Stata Solar, BP Solar and GCL Solar.
Rich Baltimore joins GSC as Director of Investments, responsible for originating and managing investments in renewable energy, waste-to-product, sustainable agriculture, land, and water. Mr. Baltimore brings an extensive background in sustainable project development and finance to GSC, experience gained in roles with Deloitte, NewAg Development, Sol Systems, and most recently as VP of Project Finance for Ductor Americas.
Andy Lutz joins GSC as Vice President of Asset Management. Mr. Lutz brings substantial experience working with developers and investors in renewable project life cycle management, from greenfield development, construction management, financing and through operations.
Phoebe Xu has joined GSC as Investment Analyst and Risk Manager. Ms. Xu brings a strong credit background to the team, having spent a significant part of her career evaluating and rating new assets at Moody’s, Morningstar and Egan Jones Ratings. Ms. Xu’s prior experience includes rating ABS transactions in residential solar and commercial PACE.
Greg DiCerbo joins GSC’s investment team from Renewable Energy Systems and the US Department of Energy’s Office of Energy Efficiency and Renewable Energy. Mr. DiCerbo brings a background in renewable energy project finance and development.
GSC’s has also expanded its corporate team with the addition of Phillip Choi as Vice President of Legal Affairs. Previously, Mr. Choi worked on project finance and energy efficiency transactions for Sparkfund and at Ballard Spahr.
GSC’s corporate team includes Controller Vera Feinhaus, who brings significant public and private company tax, accounting, and compliance expertise, as well as REIT and real estate experience from her time at DuPont Fabros Technology, which was later acquired by Digital Realty.
“We are thrilled to announce the addition of such diverse talent to our team,” said Jennifer von Bismarck, Galway’s CEO. “The depth and breadth of our team reflects our commitment to financing a broad transition to greater sustainability.” GSC President Trent Yang added, “The IEA’s 2021 World Energy Outlook states that over 40% of the actions recommended to limit warming to 1.5 degrees are economic today, and that investment needs to increase to around $4 trillion per year. GSC is dedicated to financing the solutions that will help us reach these goals.”
About Galway Sustainable Capital
Galway Sustainable Capital (“GSC”) is a private equity-backed specialty finance company that invests in companies that accelerate the transition to greater resilience and sustainability. The Company has platform investments in renewable and distributed power, energy efficient data centers, and sustainable agriculture, as well as investments in electric vehicles and carbon capture and sequestration. For more information, please visit www.galwaysustainable.com