Michael P. Polsky, founder, president, and CEO of Invenergy LLC, has nearly 30 years of experience in the energy industry. He is widely recognized as a pioneer and an industry leader in cogeneration and independent power project development. Mr. Polsky possesses a unique combination of engineering and business education, experience and expertise, and has written and lectured regularly on industry topics.
In 2001, Mr. Polsky founded Invenergy LLC, a company that develops, owns, and operates large-scale electricity generation assets in the North American and European energy markets. He has led the company’s rapid growth into a major player in the acquisition, development, and ownership of wind and thermal generating facilities.
Prior to founding Invenergy LLC, Mr. Polsky founded SkyGen Energy LLC in 1991. At SkyGen, Mr. Polsky was responsible for building one of the most successful teams of professionals in the independent energy industry. Mr. Polsky established the strategic direction of the company and was personally involved in each of the company's transactions. In fewer than ten years, he guided SkyGen's efforts to develop a 12,000 MW portfolio of power generating projects. The value of this portfolio was realized in 2000 with the sale of SkyGen to Calpine Corporation. In connection with the sale, Mr. Polsky was appointed to Calpine's Board of Directors and became a senior executive at Calpine in addition to continuing in his role as CEO of SkyGen.
Prior to forming SkyGen, Mr. Polsky cofounded and was president of Indeck Energy Services Inc. There he led the development and financing of one of the first portfolios of independent power generating assets. Prior to forming Indeck Energy Services, Mr. Polsky held various positions at Fluor Engineers, Brown Boveri Turbomachinery, and Bechtel Power Corporation.
Mr. Polsky holds an MBA from the University of Chicago Booth School of Business and a Masters in Mechanical Engineering from Kiev Polytechnic Institute. He is chairman of the Polsky Center's Advisory Board and serves on the Chicago Booth Advisory Council.