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OwnEnergy, Inc.

OwnEnergy, Inc.  (Visit website)

Brooklyn , NY

Energy Producers- Developers



OwnEnergy partners with landowners to develop renewable energy projects, with an initial focus on 10 - 80 MW wind energy projects. Our partners take an active role in the development and installation process in return they are provided with a significant ownership stake in the resulting renewable energy project.

OwnEnergy founder and community wind thought leader Jacob Susman “fell into” the power sector in 1999, after relocating to Spain with his wife. As a Project Manager for the AES Corporation, he developed conventional and renewable energy projects for three years—including one of the largest power plants in Spain and diligence of over 1,000 MW of wind farms—before the renewable “boom” took place in the U.S.

Jacob recognized unlimited local and global potential in this centuries-old concept, which was returning to the forefront as a more eco-friendly alternative to conventional power. Unlike traditional energy resources, renewable power required heavy local development input—much of which was managed right in the local community.

Renewables remained central to his thinking while completing an MBA at The Wharton School of the University of Pennsylvania, where he developed the concept for OwnEnergy as part of the Business Plan Competition. After leading his team to the finals, Jacob continued to build the business out of Wharton’s incubator.

He put his entrepreneurial plans on hold to hone his knowledge of the U.S. power and finance sectors with Goldman Sachs from 2004-2007. As an investor with Goldman, Jacob gained further insight into wind energy while working with one of the best management teams in the industry as part of Goldman’s investment in Horizon Wind Energy.

In early 2007, Jacob realized that despite a strong demand, the community wind segment was underserved. He jumped at this opportunity to launch his own wind venture, investing his family’s personal savings to bring the OwnEnergy concept to life
Today, OwnEnergy is teaming up with landowners and local developers to develop mid-size wind farms. OwnEnergy is capitalizing on the converging trends of consumers' desire for clean energy and distributed generation.

The market is further supported by the increased acceptance and cost-effectiveness of renewable energy systems which aresmaller, more modular and easier to develop than fossil basedpower production.




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