Competitive Power Ventures Holdings, LLC is a Silver Spring, Maryland-based independent power developer with a portfolio of over 10,000 megawatts of wind and gas assets in North America. The company also has an asset management arm, through which it manages a sizable portfolio of power plants nationwide.
The management team is led by CEO Douglas Egan and President Gary Lambert, both of whom have extensive independent power project development experience and were part of J. Makowski Company, Inc., a former Warburg Pincus portfolio company.
Warburg Pincus led an initial equity financing into CPV in September 2000 and has since led a number of follow-on financings.
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