Our Partnership

ENGIE North America and Axium Infrastructure joined forces in 2017 to form Ohio State Energy Partners. The partnership operates the systems that heat, cool and distribute power to the university’s Columbus campus. ENGIE as the operator of these important functions, is responsible for the resiliency and reliability of utilities for main campus. The ENGIE logo will be seen around campus on service vehicles, technician uniforms, during events and other signage.

About Axium 

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.


In addition to the 250 heating and cooling energy systems under management globally, ENGIE provides energy procurement, utility, and operations and maintenance services to approximately 150 higher education and health-care facilities, including the University of Maryland. ENGIE North America is one of the largest non-residential retail electricity suppliers in the United States serving customers in 14 markets nationwide. ENGIE’s commitment to environmental, social and governance best practices has been recognized by the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index, placing ENGIE among the top 10 percent of sustainability-driven companies in its peer group.

About Our Agreement with The Ohio State University
$1.015 billion
The upfront payment to Ohio State
Minimum energy efficiency improvement goal in first 10 years of partnership
$150 million
Commitment to academic programs over 50 years
Serdar Tufekci CEO, Ohio State Energy Partners

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.

Thierry Vandal Executive Committee - Axium

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 Executive Committee - ENGIE

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 Members Committee - Axium

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 Members Committee - Axium

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.

Anderson Lee Members Committee - ENGIE

Anderson Lee joined ENGIE 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. Lee 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. He graduated from Rice University in 2000 and received his J.D. from Stanford Law School in 2004.

Jean-Baptiste Dubreuil AIFA Director - ENGIE

Jean-Baptiste Dubreuil has been part of ENGIE for more than 10 years, working in various positions in the Finance function. More specifically, Jean-Baptiste has extensive experience in project valuation, financing and structuring of renewable and decentralized energy systems in Europe. He moved to the US in 2016 along with the new strategy of ENGIE to lead the zero-carbon transition globally. Jean-Baptiste holds a Master’s Degree in Business Administration from NEOMA (Reims Management School, France).