Energy Transition

 
 

Energy Transition

Energy Transition

Jim Hughes
Managing Partner, Energy Transition
Houston
Bio

Jim Hughes

Managing Partner, Energy Transition

Mr. Hughes served as Chief Executive Officer and Managing Director of Prisma Energy Capital, a private entity focused on investments in energy storage, from December 2017 to July 2019. He served as CEO of First Solar (NASDAQ – FSLR) from May 2012 to June 2016. Prior to joining First Solar, Mr. Hughes served from October 2007 until April 2011 as Chief Executive Officer and a Director of AEI Services LLC, which owned and operated power distribution, power generation (both thermal and renewable), natural gas transportation and services, and natural gas distribution businesses in emerging markets worldwide.

Earlier in his career, Mr. Hughes was President of Prisma Energy International and spent almost a decade with Enron Corporation in positions that included President and Chief Operating Officer of Enron Global Assets, President and Chief Operating Officer of Enron Asia Pacific, Africa and China and as Assistant General Counsel of Enron International.

Mr. Hughes is a Director of TPI Composites, Inc. (NASDAQ – TPIC), which is the world’s largest independent manufacturer of wind turbine blades with operations in the U.S., China, Turkey and Mexico. He is a Director of Alcoa Corporation, (NYSE – AA) which was spun out from Alcoa, Inc. in late 2016. Mr. Hughes is also a Director of PNM Resources, Inc. (NYSE – PNM) an investor-owned utility with operations in Texas and New Mexico. He is the former chairman and currently serves as a member of the board of directors of the Los Angeles branch of the Federal Reserve Bank of San Francisco. He is also a member of the Energy Advisory Board of the Dallas Federal Reserve Bank.

Mr. Hughes holds a Juris Doctor from the University of Texas at Austin School of Law, a Certificate of Completion in International Business Law from Queen Mary’s College, University of London, and a Bachelor’s degree in Business Administration from Southern Methodist University.

Tim Rebhorn
Managing Partner, Energy Transition
Houston
Bio

Tim Rebhorn

Managing Partner, Energy Transition

Mr. Rebhorn was previously with Prisma Energy since its founding in 2017. Mr. Rebhorn has more than 30 years of experience in the power generation industry in operations and maintenance, construction, development, and asset management both domestically and internationally.

From 2013 to 2016, Mr. Rebhorn was a senior executive at First Solar, the largest U.S.-based PV module manufacturer. From 2013 to 2015, he served as Senior Vice President of the Americas, responsible for sales and project development in the Western Hemisphere and responsible for roughly two-thirds of the company’s P&L. In 2015, Mr. Rebhorn was promoted to Executive Vice President in charge of Strategic Marketing, a newly created role for the company.

Prior to First Solar, Mr. Rebhorn was providing turnaround CEO services from 2010-2013 including roles as the CEO of Quail Nuclear Specialty Services, a nuclear construction services company and Canopy Claims Management, a newly created property insurance claims management company.

From 1996 to 2008, Mr. Rebhorn was a founder and Managing Director of Resolutions Management Ltd, a consultancy specializing in development support, turnarounds and workouts. Mr. Rebhorn’s clients included BHP Billiton, BP Global Energy, Laurus Energy, Enron International and the Enron Estate, and Ashmore Energy International.

Mr. Rebhorn is a graduate of the United States Naval Academy and is a Certified Naval Nuclear Engineer. He received his M.B.A. through Texas A&M University. Mr. Rebhorn has served on the Board of the Smart Electric Power Alliance and is currently on the Board of Catalyze Holdings and Broad Reach Power LLC., natural gas transportation and services, and natural gas distribution businesses in emerging markets worldwide.

Shawn Cumberland
Managing Partner, Energy Transition
Houston
Bio

Shawn Cumberland

Managing Partner, Energy Transition

Mr. Cumberland currently sits on the board of directors for Saavi Energia (a portfolio company of Actis), the fourth-largest independent power company in Mexico. Mr. Cumberland was previously with Prisma Energy, sitting on the board and originating several of Prisma’s portfolio investments.

Mr. Cumberland established the U.S. office and was Head of North America for Quinbrook Infrastructure Partners from April 2016 to August 2018. During his tenure, the U.S. team originated three major portfolio companies: Scout Clean Energy (a wind development company with a pipeline of 2GW); GlidePath Power Solutions (a battery and distributed power developer); and the Gemini Solar Project in Nevada (approximately 1GW). He originated and managed the investment in Scout, which represents one of Quinbrook’s largest investments.

In December 2002, Mr. Cumberland co-founded Arctas Capital Group, which he co-headed until he joined Quinbrook in 2016. Arctas was an investor and advisor on several renewables and other energy infrastructure projects both domestically and internationally. He held senior executive roles at Enron, including President of Enron Caribbean, responsible for 15 energy businesses in eight countries (including power generation and distribution, gas pipelines, gas processing, LNG and LPG) and served on the boards of two regionally listed companies. He was Senior Managing Director at El Paso Merchant Energy.

Mr. Cumberland co-founded The Wing Group and Power Pacific Company – firms that developed power infrastructure investments in emerging markets. He started his career as an M&A, corporate securities and finance attorney in the Houston and London offices of Vinson & Elkins.

Mr. Cumberland holds a Juris Doctor and a Bachelor of Business Administration degree in Accounting from the University of Texas at Austin, where he graduated with honors and highest honors, respectively.

Kellie Metcalf
Managing Partner, Energy Transition
Houston
Bio

Kellie Metcalf

Managing Partner, Energy Transition

Ms. Metcalf sits on the board of directors for EETF’s portfolio companies Broad Reach Power and US Grid Co.

Previously, Ms. Metcalf was a Senior Director at Pattern Development, a renewable energy and transmission development firm, from 2010 through 2019. While at Pattern, she was responsible for the company’s power marketing, origination and A&D efforts. During her tenure at Pattern Development, the management team successfully developed over 4000MW of wind and solar assets across a global footprint and raised over $8 billion in capital.

Prior to her position at Pattern Development, Ms. Metcalf held senior roles at Barclays Bank and Fortis Bank where she was responsible for power marketing and origination efforts for the banks. She held those roles from 2007 to 2010. From 2003 to 2007, Ms. Metcalf was a senior originator for Florida Power & Light’s unregulated business, where she was responsible for U.S. power market transactions. From 2002 to 2003, Ms. Metcalf was a founding member of Zilkha Renewable Energy which subsequently became Horizon Wind. Ms. Metcalf began her career in 1995 at Enron North America where she held various roles in power trading, power marketing and finance. Ms. Metcalf served as a First Lieutenant in the US Army from 1988 to 1991.

Ms. Metcalf earned a Bachelor of Science in Finance from Arizona State University and an M.B.A. from the Darden Graduate School of Business at the University of Virginia. Ms. Metcalf is also a CFA Charterholder.

Edward Parnell
Vice President
Houston
Bio
Edward Parnell

Edward Parnell

Vice President

Prior to joining EnCap in December 2019, Mr. Parnell worked in 3i’s Infrastructure team in London, where he primarily focused on the origination and execution of deals and the management of assets in the infrastructure sector across the UK and continental Europe.

Mr. Parnell is a Chartered Accountant with the Institute of Chartered Accountants of Scotland and holds a Bachelor of Science in Accounting and Finance from the London School of Economics and Political Science.

Stephen Levy
Associate
Houston
Bio
Stephen Levy

Stephen Levy

Associate

Prior to joining EnCap in November 2019, Mr. Levy was an Associate with Prudential Private Capital, where he focused on underwriting and managing private debt and equity transactions in conventional and renewable generation projects, corporate investments in independent power producers and electric utilities.

Mr. Levy graduated Magna Cum Laude from Texas Christian University, where he received a Bachelor of Business Administration in Finance. He is a CFA program candidate.