DeepSummary
Manish Hebbar, a managing director at CohnReznick Capital, shares his journey from being a curious child interested in fixing things to becoming an expert in modeling and structuring transactions in the renewable energy space. He initially pursued mechanical engineering but ended up joining the Navy to pay for college, which taught him leadership and management skills. After business school, he landed at Citibank during the 2008 financial crisis, gaining valuable experience in risk management.
Manish's exposure to the asset finance team at Citi sparked his interest in renewable energy finance. He joined the team and learned how to structure deals with limited capital, eventually moving to CohnReznick Capital. He has since closed over 35 transactions amounting to over 7 gigawatts of clean energy and $8.5 billion in invested or raised capital. Manish highlights a recent 600-megawatt solar project he worked on, showcasing the scale of utility-scale solar today.
Manish credits his ability to remain calm and focused in high-pressure situations to his time in the Navy. He emphasizes the importance of mentoring and sharing industry knowledge with younger professionals. Manish expresses optimism about the future of renewable energy and takes pride in his expertise contributing to the growth of clean energy.
Key Episodes Takeaways
- Manish Hebbar leverages his experience in the Navy and during the 2008 financial crisis to excel in structuring renewable energy deals.
- Manish emphasizes the importance of remaining calm and focused in high-pressure situations, a skill he developed in the military.
- Manish has closed over 35 transactions amounting to over 7 gigawatts of clean energy and $8.5 billion in invested or raised capital.
- Manish highlights the scale of utility-scale solar projects today, citing a recent 600-megawatt solar project he worked on.
- Manish advises on the importance of becoming an expert in a specific field and shares industry knowledge through mentoring.
- Manish expresses optimism about the future of renewable energy and takes pride in contributing to the growth of clean energy.
- Manish's journey showcases the diverse paths that can lead to a career in renewable energy finance.
- Manish's ability to handle high-pressure situations in mergers and acquisitions is a valuable asset in the fast-paced renewable energy industry.
Top Episodes Quotes
- “To be an expert at something? It's an advice that I. Piece of advice I got from a navy commodore I once worked for. You can learn and dabble in many different things and be a jack of all trades, but being an expert takes focus. And that's when you challenge and learn the most about yourself. The act of becoming an expert teaches you how to learn. So once you've been able to master that task, you can take that and you can be an expert in something else.“ by Manish Hebbar
- “M and a transactions are those types of deals where it's fast paced environment. Every minute and every hour matters, and it's really about who can stay the course and work through each round of progression.“ by Manish Hebbar
- “I'm extremely optimistic about the future. I'm bullish about renewable energy as I ever have been.“ by Manish Hebbar
Entities
Company
Person
Episode Information
The Energy Gang
Wood Mackenzie
10/14/20
Manish Hebbar architects billions of dollars worth of equity and debt deals in clean energy.
He’s able to stay methodical and calm in the middle of deals that are very stressful, involving multiple buyers and counter-parties.
“M&A transactions are those types of deals, where it's a fast-paced environment, every minute and every hour matters. It's really about who can stay the course and work through each round of progression.”
That skill goes back to his time as a Lieutenant in the Navy. It’s also influenced by his experience evaluating risk at Citibank during the height of the 2008 financial crisis.
Today, Manish is a managing director at CohnReznick Capital. He’s brokering some of clean energy’s biggest mergers and acquisitions -- like an 800-plus megawatt portfolio of wind projects in the U.S. and Canada in 2019.
In this special episode, produced in collaboration with CohnReznick Capital, we’ll hear how Manish used his experience in the military and financial risk to find his way into the fast-paced world of clean energy.
CohnReznick builds relationships, closes deals, and helps clean energy companies excel. Learn more about how people like Manish can help you work through some of the most complicated transactions in energy.
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