Carlyle-Backed Copia Power Hires Brian Callaway as Chief Financial Officer
Callaway brings more than $10 billion of recent capital raise success as well as experience leading and building the accounting, systems and reporting on more than $12B in private equity capital and assets.
New York, NY and Washington, DC – Copia Power (Copia) today announced that Brian Callaway will join the company as Chief Financial Officer (CFO) on Feb 1, 2023. Copia is a renewable development platform formed in 2021 by global investment firm Carlyle (NASDAQ: CG) to develop and operate largescale renewable energy projects and seek to play a significant role in the U.S. energy transition. Copia is developing more than 17 gigawatts (GW) of solar and storage projects across the U.S and is led by a core management team, including Callaway, that has been working together since 2014, with a shared experience developing and building over 3.5GW. Callaway will oversee the capital markets and internal operations teams. The capital team is managed by Bailey McCallum and internal operations are managed by Aaron Saito.
“Brian has been a friend and colleague for many of us at Copia for more than a decade. His experience and relationships will help us succeed and his leadership will be critical as we seek to raise more than $3 billion in capital to support our projects under construction in 2023” said Ray Henger, Copia’s CEO. “Brian will relocate later in the year from New York City to work with other team members in our Dana Point, CA office”.
Over his career Brian has been a leader in the energy industry:
former Chief Financial Officer of a renewable energy company with $12 billion in assets under management and more than 4 gigawatts in operating clean energy assets
raised more than $10 billion in development and operating financing across equity, commercial and institutional debt, and tax equity in the clean energy infrastructure space
raised more than $4 billion in general and limited fund finance
“I am thrilled to be joining the Copia team. I believe it is truly differentiating and powerful to integrate a team that has such a long, shared track record of success. With this team, the strong support of Carlyle, the focused strategy, and high-quality assets, I’m looking forward to a busy 2023 and beyond with Copia.”
About Copia Power
Copia Power is a renewable energy platform committed to developing, constructing and owning largescale infrastructure assets in the U.S. to accelerate decarbonization in all areas of the economy. Copia Power is actively developing more than 17 GW of solar and storage projects across the U.S.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $369 billion of assets under management as of September 30, 2022, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,100 people in 29 offices across five continents.
Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.
Contacts:
Carlyle
Brittany Berliner
+1 (212) 813-4839
brittany.berliner@carlyle.com
Copia Power
Katie Heath
katie.heath@copiapower.com
Further information is available at www.copiapower.com.
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