Ari Barz
Co-CEO
Mr. Barz has 17 years of experience in the merchant power sector, and was most recently a Managing Director at Strategic Value Partners from 2016 - 2025, where he led the firm’s efforts in the power space. Among other investments, Mr. Barz led the underwriting and management of the firm’s investment in GenOn Holdings, where he recruited and worked closely with Mr. Freysinger and Mr. Schaefer in successfully optimizing and monetizing a 12 GW fleet of power assets. Prior to that, Mr. Barz held roles at Citigroup and BlueMountain Capital focused on the power sector. He holds a BS in Economics from the Wharton School at the University of Pennsylvania, and is a CFA charterholder.
Dave Freysinger
Co-CEO
Mr. Freysinger has nearly 25 years of experience in the merchant power sector. He is currently Chairman of the Board of GenOn Holdings and served as its CEO from 2018 - 2024. At GenOn, he led the successful operational transformation of a 12 GW fleet of power assets, significantly improving reliability, commercial effectiveness and the cost structure. Prior to GenOn, Mr. Freysinger served in various leaderships roles at both public and private companies in the power sector, including at EquiPower Resources through its successful sale to Dynegy and at Reliant Energy through its ultimate merger with Mirant. He holds a BA in Economics and Mathematics from Dickinson College, and an MBA from the University of Chicago Booth School of Business.
Stephen Schaefer
Senior Advisor
Mr. Schaefer has over 30 years of experience in the merchant power sector, and currently serves as the Chairman of the Board at Talen Energy (Nasdaq: TLN), and is on the boards of Just Energy and GenOn Holdings, where he has worked closely with Mr. Freysinger and Mr. Barz since 2018. Mr. Schaefer was previously a Partner at Riverstone Holdings from 2004 - 2015, has held various leadership roles in the merchant power space including at Huron Consulting and Duke Energy, and has served on the boards of several power companies including TexGen, Homer City, Topaz Power, Pattern Energy and Element Markets. He holds a BS in Finance and Accounting from Northeastern University and is a CFA charterholder.
