Panos Ninios

About Panos Ninios

Panos Ninios is primarily responsible for defining True Green Capital Management\'s (\"TGC\") investment, portfolio and risk management as well as capital strategies. Prior to TGC, Panos was a Managing Director at Plainfield Asset Management, a special situations hedge fund based in Greenwich, Connecticut with over $5 billion in assets under management. During his tenure, he was responsible for a global $1.5 billion energy portfolio consisting of private equity, high yield debt and bank debt. While at Plainfield, Panos was a pioneer of what has now become known as the “energy transition” movement. He built and managed a renewable energy private equity portfolio across a variety of technologies. In that context, Panos evaluated and invested in solar, biomass and biofuel production and power generation, bioplastics production and equipment manufacturing, and more mature technologies such as gas power generation and LNG. His experience at Plainfield informed Panos’ focus on distributed, commercial & industrial (“C&I”) solar power generation, as well as batteries and microgrids, as an actionable segment of the market that provides one of the most attractive risk/return profiles within the value chain. These areas have been TGC’s focus since the firm’s founding in 2011.Earlier in his career, Panos was an Executive Director with the Goldman Sachs commodity business (JAron) in London, where he concentrated on European power and gas markets and distressed debt power markets. Panos also spent eight years with McKinsey & Co, where he eventually became an Associate Partner, serving major US and European energy companies on deregulation, M&A and commodity risk management. While working on his doctoral thesis, Panos acted as a consultant to the UK power sector, principally the Southern Electric PLC, and spent a year as a financial derivatives analyst at Intercapital Brokers in London.Panos holds a Ph.D. in Electric Power Industry Deregulation Economics from the London Business School. His thesis addressed power industry deregulation in the UK, the first electric power industry to deregulate, globally. Panos’ work toward his Ph.D. laid the foundation for his professional career, providing Panos with the knowledge and skill set that has placed him at the forefront of electricity market innovation.In addition to his Ph.D, Panos holds an M.Sc. in operations research from the London School of Economics, an M.Sc. in computer science from the University of Dundee, UK and a B.Sc. in pure mathematics from the University of Patras, Greece.

Experience

1. Managing Partner & Co-founder

   True Green Capital Management Llc

   Mar 2011 — Present · New York, NY, US

   True Green Capital Management LLC (“TGC”) is a specialized renewable energy infrastructure private equity firm based in Westport, Connecticut focused on the U.S. and Europe.The firm was founded in July 2011 and is led by a team of professionals with a proven track record and a demonstrated capacity to originate, finance, construct, and operate distributed renewable power generation projects.TGC believes the continued increase of power prices, decreasing entry costs of distributed power generation technology and favorable regulatory environments in both the U.S. and Europe will continue to lead to compelling investment opportunities which provide a stable cash flow stream with low correlation to the broader markets.TGC is currently focused on the approximately $1+ trillion distributed power generation market in the U.S. and the approximately $1+ trillion distributed market in Europe with an emphasis on the sub-utility scale solar power segment. Thanks to rapid advancements in technology, the cost of distributed power generation, including solar, is now on par with traditional electricity generation sources. In many U.S. states and key European jurisdictions, it represents one of the few sources of new power generation infrastructure that can be added to the power network quickly, reliably, and cost efficiently.In the U.S, to date TGC has invested into a distributed solar power generation portfolio across fourteen U.S. states including Vermont, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Delaware, South Carolina, Tennessee, Idaho, California, Maryland, Colorado, and Illinois delivering clean, renewable energy.

Education

• University of Dundee

  MSc, Computer Science

  1988 — 1989

• The London School of Economics and Political Science (LSE)

  MSc, Operations Research

  1989 — 1990

• London Business School

  PhD, Energy Economics

  1990 — 1994

• University of Patras

  BSc, Pure Mathematics

  1984 — 1988

Skills

• Renewable Energy
• Private Equity
• Energy
• Solar
• Due Diligence
• Asset Management
• Risk Management
• Portfolio Management
• Project Finance
• Restructuring
• Corporate Development
• Economics
• Capital Markets
• Solar Energy
• Valuation
• Mergers & Acquisitions
• Strategy
• Financial Modeling
• Management Consulting
• Investment Banking
• Derivatives
• Fixed Income
• Emerging Markets
• Venture Capital
• Hedge Funds
• Finance
• Investments
• Corporate Finance
• Management
• Business Strategy