ENGIE North America and Axium Infrastructure joined forces in 2017 to form Ohio State Energy Partners. The partnership has contracted with ENGIE Services to operate the systems that heat, cool and distribute power to the university’s Columbus campus. The ENGIE logo will be seen around campus on service vehicles, technician uniforms, during events and other signage.
Axium Infrastructure is an independent infrastructure investment firm focused on investments in core infrastructure assets. Axium manages two infrastructure funds totaling over $1.5 billion in assets, as well as $1 billion in managed co-investments.
Axium is an active investor in renewable energy with interests in over 2.5 GW of wind, solar, and hydroelectric power generation across North America.
Our agreement is part of Ohio State’s new Comprehensive Energy Management Project, a pioneering public-private partnership designed to improve Ohio State’s energy efficiency while furthering its academic mission.
An upfront payment of $1.015 billion to the university for the university to use to support academic priorities.
A capital investment program in which the partnership funds energy conservation measures, utility systems maintenance, upgrades, and expansions.
ENGIE Services offered employment to the existing utilities division at Ohio State and most accepted new employment with ENGIE.
Serdar Tufekci heads up the partnership in Columbus, Ohio. Prior to his role at OSEP, Serdar was the vice president of the Technical Services group at ENGIE which provided engineering, construction, project management, and contract management services to ENGIE’s North American business unit. Serdar has a bachelor’s degree in mechanical engineering from Istanbul Technical University, an MBA from Purdue University, and a Master’s degree in engineering from The Ohio State University.
Gregg Garbesi is an experienced leader in both technical and academic environments. He began with ENGIE after a diverse 28-year career in the U.S. Navy. Before accepting his role as the Managing Director at Ohio State, Gregg led a team of close to 25 employees, as the Plant Manager of the cogeneration facility at the University of Maryland. There, he played an active role in administering $1,000,000 in scholarship grants provided annually to the University of Maryland through the GDF Suez Chuck Edwards Memorial Scholarship. These dollars directly benefited undergraduate and graduate students involved in energy research. His new role on campus in Columbus has offered a unique opportunity to leverage both his naval engineering experience, as well as his background in academia. Gregg Garbesi is supported on campus by Ross Parkman who joined the ENGIE Services team last summer.
Thierry Vandal is President of Axium Infrastructure U.S. He was the President and CEO of Hydro-Quebec, one of North America’s largest power companies, with world class infrastructure energy, procurement, and construction management (EPCM) operations, until May 2015. He joined Hydro-Quebec in 1996 and served in various progressive leadership capacities until his appointment as President and Chief Executive Officer in 2005. He was previously active in the natural gas infrastructure sector, the petrochemical and the downstream oil industries. Thierry is currently a member of the Board of Directors of Royal Bank of Canada (RY:TSX and NYSE), Veresen Inc (VSN: TSX), HEC Montreal. He is a Governor Emeritus of McGill University, where he served as the Chair of the Finance Committee until 2017. He is also a past chairman of BioFuelNet Canada and of the Conference Board of Canada.
Andre Cangucu has more than 15 years of experience in the energy industry in direct management, finance or supporting roles. In his current role as Chief Business Developer, he is responsible for overseeing all ENGIE’s business development activities in North America. At ENGIE, he also served in several finance roles including Chief Financial Officer for Latin America and Chief Financial Officer for Peru. Andre joined ENGIE in 2002, prior to ENGIE, he held positions with Enron Corporation where he focused on valuation and risk analysis of investments worldwide.
Paulo Arencibia has 15 years of global finance and strategic management experience in the areas of principal investment, financial advisory, asset-based, export and project finance. Based in the firm’s New York office, Paulo joined Axium Infrastructure in 2012 and serves as a senior member of the US management team primarily responsible for origination and execution of US investments. Paulo began his career in London with Citigroup, where he focused on financial advisory and debt structuring and placement in support of the development of large scale energy and water facilities in Europe and the Middle East. In 2004, Paulo joined the Energy & Infrastructure Banking team at BNP Paribas in New York, where he executed multiple greenfield project finance transactions for natural gas-fired and renewable energy generation projects. He was also responsible for the build-out of BNP Paribas’ transportation and public private partnership platform in the United States and Canada. Acting as financial advisor and debt arranger/underwriter, he led the bidding and financing of brownfield acquisitions and greenfield development projects in the social and transportation sectors.
Brian Larkin has 6 years of experience in principal investing and project finance lending in the power generation and infrastructure industry. Brian joined Axium Infrastructure in 2014 and is responsible for the origination, due diligence, and execution of US transactions. Brian began his career in 2011 at GE Energy Financial Services where he was primarily responsible for transaction execution and portfolio management on debt and equity investments in both domestic and international power projects.
Bill Brockenborough is Senior Vice President, Asset Monetization at OpTerra Energy Services, an ENGIE subsidiary. His responsibilities include structuring deals for third-party ownership of energy systems assets for OpTerra’s customers. Prior to ENGIE, Bill worked at Bloom Energy, where he managed over $1 billion of fuel cell assets in tax-equity partnerships providing power purchase agreement (PPA) structures to Bloom’s customers. Prior to Bloom, Bill managed a $250 million profit and loss statement (P&L) as the head of Western US operations for Chevron Energy Solutions. He has a 30-year career in energy project engineering, development, construction, and finance. Bill holds a Bachelor of Science degree in Electrical Engineering from Stanford University.
Anderson joined the company in 2015 as a senior attorney providing legal support to ENGIE North America’s Corporate functions. In 2016, he was designated as Deputy Ethics Officer for ENGIE North America. Previously, Anderson was Chief Compliance & Litigation Counsel for Archer, an oilfield service company, responsible for Archer’s ethics and compliance program globally, including the code of conduct, whistleblower hotline, training, investigations, due diligence, and anti-bribery and trade compliance programs. He also managed Archer’s U.S. litigation docket and was responsible for managing legal issues relating to health, safety & the environment and employee benefit plan matters. Prior to Archer, Anderson was Compliance Counsel at BJ Services, then Baker Hughes via acquisition, both also oilfield service companies, reporting to each company’s Chief Compliance Officers, focusing on the Foreign Corrupt Practices Act (FCPA); export, sanctions and anti-boycott laws; and global investigations. Anderson began his career at Vinson & Elkins practicing labor & employment law. He graduated from Rice University in 2000 and received his J.D. from Stanford Law School in 2004.