Clean Energy for a Sustainable Future
About Proteus Power
Proteus Power was formed in 2021 by industry veterans to develop renewable energy projects across the United States and Canada in order to help accelerate the transition to a cleaner energy future. Our expertise covers the development, construction and operation of renewable energy projects with an initial focus on solar PV and battery storage. Our goal is to develop, build and own a portfolio of assets which provide long-term sustainability gains that are both profitable for our investors and for our community stakeholders.
Our strategy is to benefit from current market conditions by
- Developing a diversified pipeline of greenfield solar and energy storage assets and
- Strategically acquiring project pipelines or partnering with developers of early to mid-staged projects.
The reduction in installation costs, coupled with system efficiency gains, has made solar the lowest cost source of electricity in most countries. By pairing low cost solar with battery energy storage, we are able to address the main problem with solar energy, which is intermittent production.
Delivering renewable solutions to lead the transition to a sustainable energy future.
Our extensive capabilities, coupled with our broad access to capital markets, help us to quickly identify, execute and capitalize on the best opportunities available. Our professional team works with local land-owners, communities, grid operators and energy-offtakers to identify the ideal locations to develop utility-scale solar and battery energy storage systems (BESS) to help de-carbonize the electrical grid of the United States and Canada.
Proteus Power has a highly experienced team of professionals that specialize in the development of renewable energy projects, with a particular emphasis on solar collocated with battery storage. Our team’s track record of success, with its focus on project bankability, helps guarantee the quality of our project developments.
Proteus Power’s team has over $7.1bn worth of transactional experience in the renewable energy industry, which when coupled with our sponsor’s proven track record of success across several industries, ensures optimal financing solutions and superior results to our stakeholders and partners.
Proteus Power’s management has overseen the successful construction of over 1.2 GWs of renewable energy projects and has an extensive network of global EPC contractors and component suppliers, which allows us to manage and construct high quality, highly reliable, renewable energy assets and deliver reliable renewable energy to our consumers.
Proteus Power is dedicated to providing high-quality O&M service through a combination of technical expertise and a long term O&M strategy. Our O&M strategy is focused on a long term philosophy that is predictive of future operational issues and maintains system reliability and efficiencies to maximize the value of the project for its owner’s and customers.
Target MW installed
Family homes powered
Proteus Power has a team of highly-experienced professionals with over 70 years of cumulative experience in project development and finance, and over $7.1 billion worth of transactional experience. The team uses its unique and complimentary skill sets along the entire value chain of solar and battery projects, from the development and design, to the financing, construction and operation of the assets, in order to deliver optimal results to our stakeholders. The depth of our experience and lean structure gives us a competitive advantage that allows us to apply innovative solutions and develop valuable assets that may have been missed by larger and more established players in the industry.
The Proteus Team
Founder & CEO
Mike is a finance professional with private equity fund management and investment banking experience that has been focused on renewable energy project development, finance, and advisory since 2009, when he co-founded SDL Solar (www.sdlsolar.com) and then went on to found Emel Solar (www.emelsolar.com). Mike has extensive experience structuring, financing and operating large-scale solar and energy storage project portfolios after leading successful solar project and battery storage developments in the United Kingdom, the United States, Greece, Bulgaria, and several emerging markets.
Prior to co-founding SDL Solar, Mike was a Vice President at Ramius Capital Group, a hedge fund based in New York City, where he managed real estate private equity funds and mezzanine debt funds in excess of $1.7 billion. Before this, Mike was an investment banking analyst at Wachovia Securities with over $1.1 billion of commercial real estate transactional experience.
Mike graduated from the University of Virginia’s McIntire School of Commerce in 2002 with a degree in Finance and International Business.
Chief Development Officer
Dan has over 30 years of senior executive level experience in domestic and international business development, project development, asset management, utility operations, industrial and utility energy systems, and new technology applications.
Dan previously served as Vice President of Development for NRG Energy where he was responsible for directing the day-to-day development activities related to NRG’s corporate strategy – including asset expansion, new project development for traditional, renewable and energy storage projects, new technology applications, project acquisition, and development of new business and project opportunities.
Prior to this, he was with Southern Power (the unregulated subsidiary of the Southern Company) for 3 years where he was responsible for acquisitions and business development for external markets. At Southern Power he led the acquisition efforts of Southern Company’s first utility scale renewable project. Dan previously held positions at Mirant, Engage Energy (subsidiary of Coastal Corporation and Westcoast Energy), and Allegheny Energy.
Chief Operating Officer
Randy has over 35 years of experience in the oil & gas, renewable energy and fossil power generation industries. His experience covers business development and regional and corporate senior management for companies such as Siemens, Stewart & Stevenson, Caterpillar, Lectrix, Acciona Energy,Tessera Solar and Toshiba International. At Toshiba, Randy held several positions including Director of Business Development, General Manager of Transmission & Distribution and Energy Solutions, GM/VP of the Photovoltaic Group, as well as Chief Marketing Officer of the Photovoltaic division.
Randy has extensive experience identifying and leading teams in the development of projects from the initial discovery phase through commissioning and operations. Randy has developed over 65 MWs of concentrating solar, over 230 MWs of solar photovoltaic, over 200 MWs of gas fuel combustion generation, and over 200 MWs of battery storage.
Senior Project Developer
Bernardo has over 22 years of experience, having spent the last 15 years dedicated to power infrastructure and renewable energy projects. Previous to joining Proteus-Power, Bernardo was the Country Manager for Hive Energy in Mexico, Central America and Caribbean, where he developed a solar portfolio of over 230 MW in the region, and constructed the first privately-held solar power plant in Cuba (62 MW). Previous to that, he spent 3 years as Business Development Director for the Central American and Caribbean region for Abengoa Group. During this time, Bernardo´s team secured the award of a 250m USD combined cycle plant in Jamaica and the preferred bidder status for a second combined cycle plant for a local Panamanian Group.
In the past, Bernardo worked for Acciona Group as a manager in Corporate Business development overseeing potential partnerships and growth opportunities in the LATAM market based out of Chile.
Bernardo holds a BEng in Chemical Engineering, obtained an MSc in Business Administration with IT, and rounded off his education with an Executive MBA from Instituto de Empresa (IE Business School).
Head of Accounting
Sofia Lambros is currently the Head of Accounting and oversees all finance and accounting processes for Proteus. She works closely with the Board of Directors regarding the company’s treasury and financial processes.
Prior to joining Proteus, Sofia performed the day to day management as the Operations Accountant for Bamforth Engineers + Surveyors, a small, women-owned Government Contractor. She worked hand in hand with the President to prepare and strategically negotiate fees for several multi-million-dollar projects. Sofia served as a key liaison between internal and external stakeholders, proving herself to be a dependable and reliable resource for Bamforth.
Previously, Sofia had successfully launched and oversaw operations for successful small businesses for over 10 years, including stepping in as an owner for a highly- reputable restaurant in Virginia Beach, Virginia.
Sofia graduated from James Madison University in 2010 with a degree in Finance.
With a concentration in financial and engineering mathematics, Mike is portfolio management & trade professional specializing in renewable and alternative fuels (solar, wind, geothermal, biomass and ethanol), electricity markets and depletable resource extraction & mining (ISR uranium, rare earth minerals & sand). He holds 12 years of experience in the quantitative finance, engineering mathematics, portfolio management, employee management, and operations management throughout small start-up companies and global multi-billion-dollar organizations. Prior to his current civilian life, Mike served in the United States Army and United States Department of Defense (DoD). Supported by multiple professional licenses, certifications and graduate degrees in financial mathematics, accounting and energy economics, Mike remains very active as a member of the prestigious Rice University Baker Institute for Public Policy – Center for Energy Studies.
Guido is Managing Director of Pelion Green Future and oversees the Group’s investment strategy.
Prior to joining Pelion Green Future, Guido worked at Goldman Sachs in the Investment Banking Division where he advised clients on strategic transactions across multiple industries. In addition, Guido gathered practical experience in large- and mid-market real-estate M&A transactions.
Guido holds a MSc in Finance from WHU-Otto Beisheim School of Management in Germany.
Mark is the founder of BOOM Power Ltd who are developing and constructing over 1.5 GWs of solar projects in the UK and Spain. He is also the co-founder of ACE Power in Australia. He was formerly the Co-Founder and Managing Director of Wirsol Energy Limited from 2014 – 2020 who constructed and financed over 700 MWs and developed more than 800 MWs of projects across the UK and Australia.
His renewable accomplishments follow on from 20 years’ experience in power electronics – designing and manufacturing leading high efficiency products installed within the renewable sector, mobile communications, datacenters, and high-end networking/storage equipment to customers such as Google, Facebook, Cisco, Oracle, Huawei, Nokia and Ericsson with global revenues in excess of $2.5 billion.
If you are a landowner in one of our focus areas and are interested in leasing your land for the development of a solar project, please contact our team. We will get in touch with you shortly to explain the process and the benefits these projects can bring to you and your community.