About Peak Power
Peak Power LLC is a project and corporate consultancy focused on distributed energy resources and their role in a transforming grid. Our efforts target the intersection of infrastructure efficiency, energy policy, and finance. We do not provide securities or tax advice. Contact us to learn more.
Peak Power is led by Benjamin Pickard. Ben has spent over a decade developing and investing in energy projects: from key roles in Macquarie’s (NYSE: MIC) $250 million equity investment in IMTT, a major petroleum logistics business in the Port of NY; to leading a $1.2 million energy efficient lighting upgrade for Vornado Realty Trust’s (NYSE: VNO) Rego Mall, one of the first projects registered under the New York State's Demand Management Program. A NYC native, Ben previously served as Associate Director at the William J. Clinton Climate Initiative and graduated magna cum laude from Harvard. More on Ben here.
Our Mission: What's the Henry Hudson Bridge Doing Here?
NYC's Henry Hudson Bridge has an unusual double-decker design; its origin in the mid-30s epitomizes a resourceful alignment of financial markets, proven technology, and policy goals (with apologies to Robert Caro's The Power Broker ).
Bond bankers, unconvinced the Henry Hudson would achieve forecast traffic and revenue, refused to fund its original six-lane configuration. At the eleventh hour, the bridge's sponsors found a way to build the bridge incrementally: first a less costly lower deck; then, an upper deck once traffic had proven out. The solution shifted investment risk and made the project possible. The bridge's genesis is also part tragedy: it forever transformed Inwood Hill Park, Manhattan's last real woodland.
Peak Power believes creative financing and infrastructure solutions can catalyze policy achievements. By connecting the dots from product to project to investment vehicle to public policy, we aim to help property owners, energy companies, and public officials to make more efficient use of strained infrastructure and finite natural resources, cutting public costs and (unlike the bridge) helping to preserve our wild places.