Bio

Mr. Fitzgerald has spent his entire career in the energy industry as a lawyer, senior business executive and now partner and Investment Committee member for EIP. In his role as Chief Utility Officer, Mr. Fitzgerald provides leadership and insight on utility business needs, thereby driving fund strategy on investment. He also works closely with our utility investors on commercialization and innovation strategies for new technology and portfolio investments. Furthermore, he helped lead EIP’s first investment in the transportation electrification sector, assuming an active role as Chairman of Greenlots, an EV charging company that was ultimately sold to Shell New Energies LLC, garnering a substantial exit to the fund. Mr. Fitzgerald was instrumental in establishing the Alliance for Transportation Electrification, a national trade association of utilities, automakers, charging companies, industrial companies and environmental NGOs. As head of Troutman Sanders’ utility practice, Mr. Fitzgerald assisted C-suite executives in transformative new business growth plans, including TEP’s New Energy Ventures—exited to AES for 15x invested capital; and the development/structuring of DTE/International Transmission Company – exited to KKR for 3x return. More recently, as EVP and General Counsel at Pepco Holdings he assisted the CEO in the turnaround of the company and executed on a business strategy – Utility 2.0 – for managing disruptive technology trends facing the company, which received an award from the Edison Electric Institute. Mr. Fitzgerald’s work ultimately led to the company’s sale to Exelon, resulting in a 40% premium to shareholders. Mr. Fitzgerald is the previous past Chairman of the EEI Technology & Innovation Committee; Advisory Board Member to the Electric Power Research Institute; and a founding Member of the U.S. Partnership for Renewable Energy Finance.