New York. – December 8, 2017 – Empower Equity, Inc. (EMPEQ), an energy efficiency project investment and asset management company, announced today the hiring of energy executive Herbert Dwyer as its Chief Executive Officer (CEO). Dwyer joins a growing team of energy and finance experts who are bringing financial efficiency to energy efficiency to small and mid-sized commercial and industrial buildings.
“EMPEQ deeply understands why the existing building stock in the U.S. and abroad have not been upgraded. Simply put, the market is characterized by willing customers, capable contractors, and insufficient financing solutions,” said Dwyer. “Throughout my career, this misalignment has troubled me, and I believe EMPEQ and its UnFinancing℠ program holds the key to unlocking the potential for scaling investments into energy efficiency. I am excited to be a part of this market disruption in the commercial and industrial energy efficiency industry at EMPEQ.”
Dwyer joins EMPEQ from his previous President and Chief Strategy Advisor position at Herbert Dwyer Consulting, LLC. In this role, he consulted for companies of varying sizes to assist with corporate strategic planning, business development, and energy efficiency project management and due diligence. In the United States Marine Corps, Dwyer served as a platoon sergeant and achieved a United States Department of Defense (USDOE) Top-Secret SCI security clearance as a National Security Agency (NSA) tasked cryptanalyst/intelligence operator. He earned his bachelor’s (BS) degree from RIT and is currently an SC Johnson College of Business 2019 MBA candidate at Cornell University. Active in the energy community, Dwyer spent six years as the CEO of energy efficiency design-builder ASI Energy and is currently the Chairperson of the Northeast Clean Heat and Power Initiative (NECHPI), a spin-off organization of the United States Department of Energy.
Derek LaClair, EMPEQ’s President and Chief Financial Officer (CFO), is stepping down from his role as de facto CEO and will remain President and CFO.
“We believe that Mr. Dwyer’s background in real estate investing, asset management, fundraising, management, business development, and clean energy is a perfect fit for EMPEQ,” said LaClair. “I am confident that his leadership and management background will play a central role in ensuring our company’s growth projections. As a result of our experience with Herb over the last few months in a consulting capacity, it quickly became obvious to EMPEQ senior management and investors that he was the clear choice for CEO.”
Dwyer joins a diverse team currently operating in the three U.S. states and Canada. Founded in 2016, EMPEQ has grown rapidly. The company’s UnFinancing℠ program—which pairs with its proprietary Empower Visibility℠ platform and innovative Simple Energy Subscription℠ model—provides complex financing capabilities to middle-market energy efficiency contractors, OEMs, and utilities, allowing their commercial and industrial customers to attractively finance their desired upgrades.
To learn more about Empower Equity (EMPEQ), visit www.empeq.co.