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Energy Transition Solutions

Aggreko

Seasoned leadership team with 50+ years of industry experience who have co-founded and grown multiple infrastructure platforms together since 2014.

Energy storage

Jerry Polacek, President

Mr. Polacek serves as the President of Energy Transition Solutions at Aggreko. Before joining Aggreko, Mr. Polacek co-founded Ecofin’s private clean energy and infrastructure investment business in 2016 and served as a Managing Director and Group Lead.

Previously, Mr. Polacek was a co-founder of Energy & Infrastructure Capital LLC (EIC), where he served as chief executive officer and chief investment officer from 2014 to 2016.

Prior to forming EIC, Mr. Polacek was a managing director at GE Energy Financial Services (GE EFS), where he held various leadership roles focused on private equity and credit investment in the global energy infrastructure sector since joining in 2001. At GE EFS, Mr. Polacek co-founded the renewable energy group in 2006 as head of portfolio management and also managed its energy technology venture capital portfolio.

Prior to joining GE EFS, he was a controller at Morgan Stanley in its venture capital investment division and a senior auditor with Ernst & Young, where he passed the certified public accountant (CPA) exam.

Mr. Polacek graduated magna cum laude from Adelphi University with a Bachelor of Business Administration in accounting and earned a Master of Business Administration in finance and entrepreneurship with honors from Columbia Business School. He is a CFA® charterholder.

 

Aggreko Energy Transition Solutions

Matthew Ordway, Chief Operating Officer

Mr. Ordway serves as the Chief Operating Officer of Energy Transition Solutions at Aggreko. Before joining Aggreko, Mr. Ordway co-founded Ecofin’s private clean energy and infrastructure investment business in 2016 and served as a Managing Director.

Previously, Mr. Ordway was a co-founder of Energy & Infrastructure Capital LLC (EIC), where he served as chief financial officer and chief operations officer from 2014 to 2016. He was responsible for the overall financial and operational management of EIC, portfolio management, and originating, structuring and executing deals.

Prior to forming EIC, Mr. Ordway served as chief financial officer at Ridgeline Energy, a renewable energy developer where he was responsible for capital raising, M&A and the overall financial management of the company.

From 2009 to 2011, Mr. Ordway worked for a developer, First Wind, where he was responsible for project finance, M&A and capital raising. Before joining First Wind, Mr. Ordway was a member of Babcock & Brown’s North American Infrastructure group focused on making equity investments in the energy and infrastructure sectors.

Prior to joining Babcock & Brown, Mr. Ordway spent seven years at GE in various capacities. He served as a senior vice president at GE Energy Financial Services, where he led a team responsible for making principal investments across the energy sector and also worked as a portfolio manager, managing a $1 billion portfolio of investments across energy infrastructure sectors.

Mr. Ordway started his career at GE by running the Six Sigma program at GE Corporate, where he became a certified Master Black Belt. Before joining GE, Mr. Ordway worked at Andersen Business Consulting and as an engineer at International Paper Company.

Mr. Ordway holds a Bachelor of Science in mathematics from Fairfield University, and a Bachelor of Science in mechanical engineering and Master of Business Administration from Columbia University.

 

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Prashanth Prakash, Chief Commercial Officer

Mr. Prakash serves as the Chief Commercial Officer of Energy Transition Solutions at Aggreko. Before joining Aggreko, Mr. Prakash co-founded Ecofin’s private clean energy and infrastructure investment business in 2016 and served as a Managing Director.

Previously, Mr. Prakash served as vice president of investments at Energy & Infrastructure Capital LLC (EIC) through 2016. Prior to forming EIC, Mr. Prakash was an assistant vice president at Deutsche Asset & Wealth Management, assisting with the development of new infrastructure debt products for institutional investors.

Prior to Deutsche, Mr. Prakash spent three years as an associate at JPMorgan’s Infrastructure Investment Fund (IIF), where he was responsible for sourcing, structuring and executing private equity energy and infrastructure transactions in the OECD countries.

He was also responsible for managing JPMorgan IIF’s 1.4 GW contracted power portfolio, developing strategic platform development ideas, business planning and forecasting, debt refinancing, capital planning, and analyzing recontracting and/or hedging opportunities.

Prior to JPMorgan, Mr. Prakash was an associate in Deloitte’s Financial Advisory group in New York, where he advised infrastructure companies and funds on mergers and acquisitions, utilizing his valuation and financial modeling skills.

Mr. Prakash holds a bachelor’s degree in electrical and electronics engineering from National Institute of Technology, India, and a Master of Business Administration from the University of Rochester. He is a CFA® charterholder.

 


Aggreko Energy Transition Solutions