While not quite inventing energy, Invenergy is pulling it out of thin air. The energy generation company operates about a dozen wind energy generating facilities in the US, Europe, and Canada. It builds, develops, and buys energy producing properties and more than 2,200 MW of wind energy capacity in operation. While wind is the focus, Invenergy also uses natural gas to produce more than 2,200 MW of energy from facilities in the US and Canada and has plans to enter the solar energy market (100 MW of capacity) as well. The company has offices in the US, Poland, and the UK. CEO and president Michael Polsky founded Invenergy in 2001.
Polsky is an energy veteran who has founded several companies that went on to be sold to large energy firms. As the renewable energy industry consolidates around it, Polsky has declared his intent to keep Invenergy independent.
The company is one the six largest developers of wind power in the US, where Invenergy and its affiliated companies have developed and placed into operation more than 30 wind farms and five natural gas-fueled generating plants.
In addition to its US assets, Invenergy operates two wind farms in Canada and two in Poland. Its expansion plans call for the construction of facilities that use all three forms of energy -- gas, wind, and solar -- to generate another 20,000 MW. In 2010 it had about 7,000 MW under development in the US and Canada. That year the company completed the Beech Ridge Wind Farm in West Virginia, which can deliver 100.5 MW of green energy.
Further growing its Canadian business, in 2011 Invenergy acquired the 156 MW Des Moulins wind energy project in Quebec from wind power developer 3Ci. – less