The Alturus team has a strong track record of accelerating markets through innovative structuring and process improvements in the clean energy sector.
Our Background
In their prior venture, the Alturus founders created the standard contract for corporate offsite renewables procurement and brokered some of the largest early VPPAs in the industry, which led to massive increase in utilization of renewables by the F1000. Through our roots in the corporate energy and sustainability, we have unparalleled experience in:
Capital Source
Alturus is partnered with Generate Capital to invest in sustainable infrastructure projects. The partnership provides Alturus with up to $600 million to be deployed into energy efficiency, onsite generation and storage solutions for its customers.
capital deployment target for the next two years
Generate builds, owns, operates, and finances sustainable infrastructure that delivers affordable and reliable resource solutions for companies, governments and communities. Over the last five years, Generate has built more than $1 billion in sustainable infrastructure assets across the energy, waste, water and transport markets. Generate uses low-cost permanent capital to provide long-term funding to ESG focused projects at competitive rates that drive the broad adoption of sustainability related technologies and solutions. Generate recently secured $1 billion in new equity funding from some of the world’s leading institutions focused on infrastructure, including AustralianSuper, QIC, Railways Pension, and AP2 of Sweden.
Chris Hayes
Managing Partner
Bio
Chris is a founder and managing partner of Alturus. He has a twenty year career innovating in finance and clean energy. Prior, Chris was a founder of Altenex where he originated, analyzed, negotiated and closed over $4 billion of clean energy projects. He has a passion for building companies and transforming emerging markets. Chris lives in New England with his family and enjoys time with them on the ocean and in the mountains.
Charles Esdaile
Managing Partner
Bio
As a founder of Altenex, Charles lead market development and strategy for Altenex. He was responsible for identifying opportunities for buy-side subscribers to align their interests to increase the value of their energy management initiatives. Charles’s background includes experience in investment banking and strategic consulting. Throughout his career, Charles has delivered numerous strategic solutions to Fortune 500 companies with a particular focus on the intersection of technology, energy and infrastructure.
Gopal Vemuri
Managing Director
Bio
Gopal Vemuri has extensive experience in the energy markets, from project acquisition to PPA negotiation and execution. He has raised more than $500M on funding for power projects with over 2.5 GW capacity, and determined pricing and strategy for over 500 MW of contracted capacity. He most recently served as Director of Capital Markets for Edison Energy, where he led the establishment of the capital markets division, launched an investment partnership with a multi-billion dollar IPP, and raised $50M in funding for investment in on-site energy solutions including CHP and battery storage.
Charlie Daum
Managing Director
Nick Riva
Director
Gary Reiff
Director, Energy Engineering
Bio
Charlie has an extensive career in clean energy, power markets and energy finance. He has been involved in many areas of the energy business specializing in all aspects of project development, M&A, power markets and origination. Prior to Alturus, Charlie was a founding member of Geronimo Energy and most recently served as Managing Director at Altenex where he worked closely with Fortune 500 clients to deliver innovative and effective clean energy solutions to meet their unique needs.
Bio
Nick Riva began his career in infrastructure and project finance in 2010. He joins Alturus from Global Infrastructure Partners (“GIP”), a leading infrastructure fund with >$48 billion in AUM, where he focused on investments in renewable energy, power and transportation. At GIP, he led the investment process for a +320 MW distributed generation portfolio as part of GIP’s $1.4 billion acquisition of NRG’s renewable development and operations platform. Prior to GIP, Nick worked in the Global Industrials Group in investment banking at UBS. Nick holds a B.S. and M.S. in Civil Engineering from Stanford University.
Bio
Gary Reiff, PE, CEM, has over 30 years of experience leading the identification, development and implementation of energy efficiency and sustainable facility infrastructure projects. He has worked across many markets, including commercial and industrial facilities, municipalities, and universities to drive immediate energy cost reductions and increased resiliency. Prior to Alturus, Gary was an Engineering Manager for Johnson Controls and lead the development of over $100M in implemented projects for their customers. Gary’s expertise leading comprehensive upgrades and retrofits includes discovering, optimizing and implementing unique energy saving opportunities while building long-term M&V programs to monitor and maintain performance throughout the projects’ life.
Gopal Vemuri
Managing Director
Bio
Gopal Vemuri has extensive experience in the energy markets, from project acquisition to PPA negotiation and execution. He has raised more than $500M on funding for power projects with over 2.5 GW capacity, and determined pricing and strategy for over 500 MW of contracted capacity. He most recently served as Director of Capital Markets for Edison Energy, where he led the establishment of the capital markets division, launched an investment partnership with a multi-billion dollar IPP, and raised $50M in funding for investment in on-site energy solutions including CHP and battery storage.
Charlie Daum
Managing Director
Bio
Charlie has an extensive career in clean energy, power markets and energy finance. He has been involved in many areas of the energy business specializing in all aspects of project development, M&A, power markets and origination. Prior to Alturus, Charlie was a founding member of Geronimo Energy and most recently served as Managing Director at Altenex where he worked closely with Fortune 500 clients to deliver innovative and effective clean energy solutions to meet their unique needs.
Nick Riva
Director
Bio
Nick Riva began his career in infrastructure and project finance in 2010. He joins Alturus from Global Infrastructure Partners (“GIP”), a leading infrastructure fund with >$48 billion in AUM, where he focused on investments in renewable energy, power and transportation. At GIP, he led the investment process for a +320 MW distributed generation portfolio as part of GIP’s $1.4 billion acquisition of NRG’s renewable development and operations platform. Prior to GIP, Nick worked in the Global Industrials Group in investment banking at UBS. Nick holds a B.S. and M.S. in Civil Engineering from Stanford University.
Fred Polenz
Director, Business Development
Jeff Ottaviano
Project Development Manager
Julian Murray-Brown
Corporate Development
Bio
Bio
Jeff Ottaviano, CEM, has over 30 years of experience in the energy industry. He has organized and managed multi-discipline teams of professionals to strategically plan and design projects that enhance system infrastructure, reduce energy and water consumption, and generate on-site energy from traditional or renewable sources. Prior to Alturus, Jeff has held various project development manager roles for AECOM, Toshiba, Constellation Energy, Enron, and Johnson Controls.
Bio
Julian joins Alturus after working with a United States Senate office on development of environmental and energy policy. In this role, he provided framework for current renewable energy legislation. Prior to this, he studied international environmental policy and climate change in New Zealand, focusing on offshore sustainability and stakeholder engagement. At Alturus, Julian is focused on data communication, policy analysis and market research. Julian received his Bachelor’s Degree in Biology and Philosophy from the University of North Carolina Wilmington.
Gary Reiff
Director, Energy Engineering
Bio
Gary Reiff, PE, CEM, has over 30 years of experience leading the identification, development and implementation of energy efficiency and sustainable facility infrastructure projects. He has worked across many markets, including commercial and industrial facilities, municipalities, and universities to drive immediate energy cost reductions and increased resiliency. Prior to Alturus, Gary was an Engineering Manager for Johnson Controls and lead the development of over $100M in implemented projects for their customers. Gary’s expertise leading comprehensive upgrades and retrofits includes discovering, optimizing and implementing unique energy saving opportunities while building long-term M&V programs to monitor and maintain performance throughout the projects’ life.
Fred Polenz
Director, Business Development
Bio
Jeff Ottaviano
Project Development Manager
Bio
Julian Murray-Brown
Corporate Development