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David Crane

B Team Leader, Board Member, ACWA Power, Former CEO NRG Energy

David is a private equity investor in the field of sustainability and clean energy. Most recently, he acted as the senior operating executive at Pegasus Capital Advisers, a New York City-based private equity firm specialized in this area. David also serves on the Board of Directors of ACWA Power, a leading Saudi Arabian infrastructure company and on the advisory board of JERA, Inc., a joint venture between Tokyo Electric and Chubu Electric.

Previously, David was CEO of NRG, which he joined in 2003 when it was in Chapter 11 bankruptcy. He grew it over his 12-year tenure to be a Fortune 200 company, engaged in conventional power generation and, after the acquisition of Reliant in 2009, in competitive retail electricity services. David pioneered the yieldco asset class with the IPO of NRG Yield in July 2013. David also led NRG to the forefront of next-generation clean energy development as one of the nation’s largest utility scale renewables company, a top four home solar business, the owner of the world’s largest post combustion carbon capture project and the nation’s most extensive level 3 electric vehicle charging network. David was named Energy Industry “CEO of the Year” by EnergyBiz in 2010, top CEO in the electric utility sector by Institutional Investor in 2011 and “Entrepreneur of the Year” by Ernst & Young in 2010. David was also awarded the Corporate Environmental Leadership award by GlobalGreen in 2014 and the Equinox Solar Champion Award and most recently The C.K. Prahalad Award for Global Sustainability Business Leadership in 2015.

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