Longroad Energy is a Boston, MA-headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America.
Longroad Energy was founded in 2016 by the former executive team of First Wind Energy: Paul Gaynor (First Wind co-founder and CEO), Michael Alvarez, Peter Keel, and Charles Spiliotis. In 2015, First Wind was sold to a strategic investor for $2.4 billion.
In October 2016, Longroad Energy secured significant investment backing from the New Zealand Superannuation Fund, a sovereign wealth fund, and Infratil Limited, a publicly traded energy and infrastructure investment company. These investors have deep experience in the renewable energy sector, a long-term horizon, and flexibility, providing Longroad Energy with a competitive advantage in the growing U.S. renewables market.
Longroad Energy is a company and not a fund. There are no artificial timing constraints on our development and investment horizons.
In addition to developing, financing, and constructing renewable energy projects, Longroad Energy provides operations and asset management services to wind and solar projects across the US. Longroad Energy has the ability to be the long-term operator and asset manager for the projects it develops or on behalf of third-party owners.
The Longroad Energy team has a consistent track record of developing economically sensible and competitive wind and solar projects. We have a set of key operating principles that we live by and that have shaped successful outcomes through changing market conditions.
The operating principles that we live and work by
- Protect the health and safety of our employees and our environment
- Create renewable energy solutions that add value to our stakeholders
- Attract, retain, and develop the best talent in the industry
- Communicate with transparency, honesty, and respectful candor
- Make and honor well thought out commitments
- Produce the best quality work product in the industry
- Operate to highest standards of corporate governance and ethical behavior
Respect: Cultivate an environment that values differences and creates equal opportunity, recognition, and a sense of purpose for all. Our actions reflect respect for each other, our environment, and the communities where we operate.
Integrity: Demonstrate a commitment to honesty, trustworthiness, and ethical conduct in all we do.
Community: Engage responsibly with our communities and investors to create sustainable and locally beneficial renewable energy projects.
Excellence: Execute our goals, produce the highest quality output, and consistently deliver results while maintaining a culture where safety is our top priority.
Teamwork: Promote an inspiring and inclusive workplace that fosters open communication, collaboration, and personal growth.