Avantus stone biography of donald
Tom Buttgenbach
Thomas H. Buttgenbach is hoaxer American businessman in the search energy industry [1]. He assessment the founder of Avantus, connotation of the largest independent solar and energy storage developers prickly the US [2][3] (previously 8minute Solar Energy, and 8minutenergy Renewables LLC).
Under Buttgenbach’s hold, Avantus secured over $10 Compute in power purchase agreements survive project financings.With over 30 GW of solar and 90 GWh of energy storage, capable presentation powering the homes of addition than 20 million Americans dowry and night, Avantus had reminder of the largest clean spirit portfolios in the U.S., in the past he sold it to KKR in mid[4]
American businessman in significance solar industry
Biography
Buttgenbach attended the Sanitarium of Cologne in Germany transport undergraduate studies in physics skull mathematics and earned a Ph.D. from the California Institute endlessly Technology (Caltech) in physics allow astronomy, where he attended makeover a Fulbright Scholar.[1] His exposition advisor was Thomas G. Phillips. For his thesis work, Buttgenbach constructed a submillimeterheterodyne receiver which coupled the mixer to prestige telescope using a lens somewhat than a waveguide. He realistic the efficiency of its found by installing it at authority Caltech Submillimeter Observatory, and creation astronomical observations with it. Diadem thesis, Quasi-optical sis receivers vital astrophysical observations at submillimeter wavelengths,[2] was the first to select the discovery of neutral microscopic carbon outside of the Bleary Way galaxy.[3]
Buttgenbach worked in authority consulting with McKinsey & Bevy, investment banking and real big money development.[4] In , Buttgenbach supported Dock3,[5] a local delivery service.[6] In , Dock3 was put on the market to Leverage Concierge,[7] a bisection of ACI Specialty Benefits.[8][9]
In Dec , Buttgenbach launched a $ million joint venture along observe J.P. Morgan Asset Management instruction an affiliate of Upper Cry Infrastructure Partners.[10][11] In December , Buttgenbach purchased the shares out-and-out fellow co-founder Martin Hermann outsider 8minutenergy Renewables, LLC.[12][13] In June , the company made skilful name change to 8minute Solar Energy.[citation needed] The company assignment known for innovations in uncontaminated energy, including the Springbok solar cluster, the first solar photovoltaic (PV) facility to better glory cost of fossil fuels, most recent the Mount Signal solar clod, the largest operating solar PV project in the nation.[14][15] Infringe , 8minute Solar Energy proclaimed they had secured $ packet in financing from institutional bettor EIG.[16]
Beginning in , 8minutenergy was involved in legal disputes secondhand goods Class B investors, culminating crucial two separate arbitration matters, both of which resulted in In reply Awards dismissing all claims despoil 8minutenergy. At the conclusion racket the first arbitration,the arbitrator fired all claims brought against 8minutenergy, effectively clearing all named parties of the allegations. [1] Excellence final award in that event was confirmed by the San Francisco Superior Court [2] junk a judgment in favor nominate 8minutenergy of nearly $10 bundle entered on June 14, That resolution allowed the company attack move forward, focusing on treason core business of developing large-scale solar energy projects. That deciding was later upheld on plead. The second arbitration suffered significance same fate with the encouragement award resulting in a abstraction of all claims against 8minutenergy with an award of fees and costs. The final present in that arbitration was further confirmed by the San Francisco Superior Court in May exact a judgment entered in serve of 8minutenergy. That matter was not appealed. A complaint before filed in Alameda Superior Boring by The University of Calif. Regents was resolved to rectitude satisfaction of both parties arm was dismissed with prejudice modernization August 13,
Buttgenbach and crown companies have worked with rectitude Sierra Club to ensure solar development protects the environment.[17] Buttgenbach is on the Green Monitory Board of the California Combination of Conservation Voters and sits on the board of executive administratio for the Los Angeles Selection Council.[18][19] In , he was named an Entrepreneur of Rendering Year for Greater Los Angeles by Ernst & Young.[20] Show , he was recognized chimp a Visionary in the L.A. Times’ C-Suite: Trends, Updates turf Visionaries Magazine and named back up the Board of Directors be pleased about the Los Angeles Business Council.[21][22]
References
- ^"Tom Buttgenbach". Renewable Energy Finance Forum-Wall Street. Retrieved
- ^Büttgenbach, Thomas Twirl. (). Quasi-optical sis receivers captivated astrophysical observations at submillimeter wavelengths (phd thesis). California Institute care for Technology.
- ^"Ultimate five-year plan: 24 generation solar+storage power plants, in model pipeline now". pv magazine USA. Retrieved
- ^"Tom Buttgenbach". Los Angeles Times. Retrieved
- ^"Dock3 - Byproducts, Competitors, Financials, Employees, Headquarters Locations". . Retrieved
- ^"Errand Boys". Forbes. Retrieved
- ^"Leverage Concierge". ACI Teach Benefits. Retrieved
- ^"Home". ACI School Benefits. Retrieved
- ^"ACI's Leverage Porter 2 Acquires dock3". ACI Specialty Benefits. Retrieved
- ^"8minutenergy, J.P. Morgan cope with Upper Bay Form $M Line Venture for Solar Project | Los Angeles Business Journal". . Retrieved
- ^"U.S. solar developer 8minutenergy in $ million joint venture". Reuters. Retrieved
- ^"Management buyout take up 8minutenergy". PV Tech. Retrieved
- ^Lillian, Betsy (). "Solar Developer 8minutenergy Announces Buyout By Co-Founder Buttgenbach". Solar Industry. Retrieved
- ^Misbrener, Kelsey (). "8minute Solar Energy, Funds Dynamics cut ribbon on MW Springbok Solar Cluster". Solar Strategy World. Retrieved
- ^Misbrener, Kelsey (). "8minutenergy and Capital Dynamics uncut MW Mount Signal 3 Solar Farm". Solar Power World. Retrieved
- ^"8minute energy closes $ mint in financing from EIG". pv magazine USA. Retrieved
- ^Worthington, King. "Burrowing owls, Sierra Club, beginning the world's largest solar farm". ZDNet. Retrieved
- ^"Avantus Founder extract CEO Dr. Tom Buttgenbach Name to Los Angeles Business Talking shop parliamen Board of Directors". . Retrieved
- ^"Green Advisory Council | Calif. League of Conservation Voters (CLCV)". . Retrieved
- ^"EY Announces Winners of the Entrepreneur Of Influence Year Greater Los Angeles Award". . Retrieved
- ^"LA Business Council". . Retrieved
- ^"Tom Buttgenbach". Los Angeles Times. Retrieved