Michael Peter Skelly
Michael Skelly | |
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| Personal details | |
| Born | October 19, 1961 |
| Spouse | Anne Whitlock |
| Residence(s) | Houston, Texas |
| Alma mater | University of Notre Dame, Harvard Business School |
| Occupation | President and Founder, Clean Line Energy Partners |
Michael Peter Skelly (born October 19, 1961) is a Houston renewable energy businessman and former Democratic candidate for Texas’s 7th congressional district (map) in the U.S. House of Representatives. From 1999 to 2008, he served as the chief development officer for Horizon Wind Energy, the third largest wind company in the United States.[1] Skelly is currently the president of Clean Line Energy Partners, an independent developer of high voltage direct current, long-haul transmission lines.[2]
Family and background
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At the age of two, Skelly sailed to the United States from Ireland with his family aboard the SS America. His parents settled in Roanoke, Virginia where Skelly attended public schools. He went on to earn his undergraduate degree from the University of Notre Dame and his M.B.A. from Harvard Business School. After college, he joined the Peace Corps and served in Costa Rica.
Skelly has been married to Anne Whitlock since 1991. The couple has three children: two boys and a girl. Anne earned a degree in Business Finance from the University of Massachusetts Amherst and a degree in Public Policy from the John F. Kennedy School of Government at Harvard. Anne serves on the board of the Denver Harbor Family Clinic and works at the Harris County Healthcare Alliance.
In February 2011, Skelly donated a kidney to his sister.
Business career
In 1999, Skelly joined Horizon Wind Energy, when it was a two-person operation, and helped it grow into a multi-billion dollar company over the next nine years. In 2005, investment bank Goldman Sachs bought Horizon, then a privately held company known as Zilkha Renewables.[3] Goldman Sachs sold Horizon, which had grown to the third largest wind company in the United States, for $2.2 billion[3] for a reported gain of nearly $1 billion.[4] In 2006, the Houston Business Journal quoted Skelly as saying, "Houston is the center of energy, and as renewable energy, including wind, plays a bigger role. There is an opportunity for Houston to be involved in the growth for that segment."[5]
In 2009, Skelly founded Clean Line Energy Partners, a company focused on moving energy from resource areas to distant consumer markets. Clean Line is an independent developer of high voltage, long-haul transmission lines, wanting to provide transmission solutions to generators and load-serving utilities in order to interconnect all sources of energy with consumers. Founded in 2009, Clean Line Energy has yet to build any transmission infrastructure or sign a binding contract to deliver energy, and has yet to earn any revenue. The company's desire to obtain eminent domain (for private gain) has resulted in staunch opposition and failure to gain necessary permits in several states. Additionally, distributed generation and the ability for East coast markets to source energy locally have proven to be more logical alternatives to Clean Line's outdated business plan.
Prior to his time at Horizon Wind, Skelly worked at Energia Global and New World Power. Both positions focused on energy projects in Latin America. Before entering the energy industry, he served as a founding partner and manager for Rain Forest Aerial Tram in Costa Rica.[6]
2008 congressional campaign
In November 2008, Skelly faced three-term incumbent John Culberson in the election for Texas' 7th district. Skelly's campaign received national attention when he raised more money than any candidate, incumbent or challenger, Democrat or Republican, running for the House of Representatives that year.[7]
Other activities
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Skelly serves on the Houston Parks Board and is a co-founder of the Houston Renewable Energy Network. Skelly also serves on the advisory boards of C12 Energy and Trees for Houston.
References
- ^ "GE Invests $117 Million in EDP Renewables' Oklahoma Wind Farm and Additional $111 Million in Established Wind Farm Portfolio". Retrieved 2009-12-08.
- ^ "Wharton Houston Speakers Forum September '09". Retrieved 2009-11-03.
- ^ a b Goncalves, Sergio (March 27, 2007). "EDP to buy $2.2 bln U.S. Horizon Wind Energy". Reuters. Retrieved 2008-01-14.
- ^ Harpe, Christine (September 16, 2007). "Worst Wall Street Quarter Since 2001 Tempered by Goldman's Gain". Bloomberg. Retrieved 2008-01-15.
- ^ Hall, Christine (September 8, 2006). "Houston gets wind of renewable energy source". Houston Business Journal. Retrieved 2008-01-29.
- ^ "NIPPC Annual Meeting 2007: Speakers". Northwest & Intermountain Power Producers Coalition (NIPPC). Retrieved 2008-10-20.
- ^ "Congressional Elections: Texas District 07 Race: 2008 Cycle". Center for Responsive Politics at OpenSecrets.org. Retrieved 2008-10-20.