Stephen Galowitz Joins Ridgewood Renewable Power as Vice President, Business Development

Stephen Galowitz has joined Ridgewood Renewable Power as Vice President, Business Development. Mr. Galowitz has wide experience in senior positions in energy service and development companies including as founder and President of Delta Pressure Generation Systems, LLC and as President of UtiliSave, LLC. Ridgewood Renewable Power is a leading private equity firm engaged in the business of developing, owning and operating a worldwide portfolio of clean energy generating assets and other infrastructure projects.

Ridgewood, NJ (PRWEB) December 3, 2005 -- Ridgewood Renewable Power LLC is pleased to announce that Stephen Galowitz has joined the Company as Vice President, Business Development.

Mr. Galowitz has wide experience in senior positions in energy service and development companies including as founder and President of Delta Pressure Generation Systems, LLC and as President of UtiliSave, LLC. The addition of Mr. Galowitz will strengthen and expand Ridgewood Renewable Power’s resources and capabilities in developing new renewable energy and infrastructure projects and to the increasingly important area of monitoring and influencing legislative initiatives.

“As companies and state/local governments look for efficient, market-driven mechanisms for encouraging sustainable development, Stephen’s fluency with these complex areas will be invaluable in addressing the difficult challenges ahead. Also, Stephen’s innovative thinking and business development experience will be of great value as we pursue a broad array of renewable energy projects that take advantage of Ridgewood’s unique experience, skills and competitive position in the market.” said Randy Holmes, Ridgewood Renewable Power’s President and COO.

Ridgewood is focused on domestic and international markets where strong and growing governmental and popular commitment to the environment has created very attractive investment opportunities in renewable power and similar infrastructure projects.

“This is an extraordinary opportunity to leverage my experience and relationships using Ridgewood’s deep bench of talented management and considerable financial and operational resources,” said Stephen.

About Ridgewood Renewable Power
Ridgewood Renewable Power www.ridgewoodpower.com is a leading private equity firm engaged in the business of developing, owning and operating a worldwide portfolio of clean energy generating assets and other infrastructure projects. Ridgewood Renewable Power owns and operates renewable power and infrastructure projects in New York, Virginia, Rhode Island, Maine, Massachusetts, and California and internationally, in the United Kingdom and Egypt.

Ridgewood Renewable Power has the expertise to manage projects with diverse fuel sources, including hydro, biomass, natural gas, and landfill methane gas. In addition to power plants, Ridgewood has invested in waste-handling and water purification projects.

Ridgewood Renewable Power is a member of the Ridgewood family of companies, founded in 1982, that also includes: