Our team


Thomas Houle

Managing Director, Head of Development
Tel: +1 512 712 1927
E: thomas.houle@macquarie.com

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Mr. Houle is a Director of Fremantle Energy and Managing Director of Macquarie Capital. He is an experienced energy industry executive with a solid track record of achievement in business and project development and start-up operations during his 23-year career. During the seven years since Fremantle Energy was formed and became part of Macquarie Capital, Mr. Houle has led the development team in the successful development of projects as well as performance of due diligence leading to investment in and sale/project financing of several solar, wind and water infrastructure projects domestically and internationally, including over 900 MW of wind projects in Oklahoma, Texas and Mexico; 240 MW of solar projects in California and Texas; and is currently involved with the development of a mid-stage 171 MW run-of-river hydro portfolio in Colombia.

Previous experience

Prior to forming Fremantle Energy he was Vice President of a Texas based independent wind power development company responsible for development activities. Mr. Houle played a key leadership role in the successful development and sale of the 161 Megawatt Wildorado wind farm in Texas. Prior to that position, Mr. Houle was Vice President of Hunt Power, L.P.; a Dallas based privately held independent power company, leading teams in the development and implementation of Hunt’s wholesale power generation and wires businesses domestically and in Canada including development of a gas-fired power plant site near Calgary, Alberta and creation of an operating partnership with Genova Power Company resulting in the successful permitting of two power plant sites. As one of Hunt Power’s founding employees he worked as part of a small team that created Sharyland Utilities, L.P., the first new electric utility in Texas in more than 30 years and he managed the start up phase of operations. Mr. Houle also represented Hunt Power as a limited partner in the private equity venture capital fund EnerTech Capital Partners II, reviewing investment opportunities involving new technologies, applications and services related to the electric, telecommunications and energy industries.

Mr. Houle also built and led a profitable power supply optimization function as Director of Power Supply and Planning for Texas-New Mexico Power Company capturing over $3 million in profit during the first year of operation. Having traded electricity and oil in the U.S. and U.K., he has a strong understanding of regulatory, contractual, and market factors impacting the value of energy assets. He attended Fordham University in New York earning a Bachelor of Arts degree in Economics (magna cum laude) in 1990.

Chris Calavitta

Senior Vice President
Tel: +1 512 712 1932
E: chris.calavitta@macquarie.com

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Mr. Calavitta joined the Austin project development team in 2013 and brought with him a unique and complementary background in project finance, project development, M&A and private equity. Over his 23-year career as a transactional finance specialist, Mr. Calavitta has helped close 48 deals with an aggregate transaction value over $US5.7 billion, including $US3.2 billion of renewable power and energy infrastructure transactions over the past ten years. Since joining Macquarie, Mr. Calavitta has helped develop and finance over 1,000 MW of wind power and solar power projects. Mr. Calavitta is currently overseeing Macquarie’s efforts to commercialize a $US200 million contracted portfolio of behind-the meter, battery-based energy storage facilities in southern California which Macquarie acquired from and is jointly developing alongside the project’s original developer, Advanced Microgrid Solutions.

Previous experience

Prior to joining Macquarie, Mr. Calavitta was Vice President, M&A at Brookfield Renewable Energy Group (NYSE: BEP, TSX: BEP.UN) where he helped Brookfield acquire $US1.2 billion of wind power, hydropower and high-voltage transmission assets.

Prior to Brookfield, Mr. Calavitta was Director, Renewable Energy Finance at Renewable Energy Systems Americas Inc. (“RES”) where he helped RES finance and sell $US1.4 billion of wind power projects (totaling 614 MW) in the USA and Canada. In addition to his principal role of financing RES-developed wind projects, Mr. Calavitta actively supported the company’s utility-scale solar project development activities and oversaw the leveraged lease costing and financial modeling of more than 10 solar projects (totaling over 450 MW of solar output) which RES bid into various utility RFP’s during his tenure.

Prior to RES, Mr. Calavitta was Vice President–Finance with Dallas-based Panda Energy International (“Panda”) where he most notably helped Panda raise $US270 million of construction financing for a first-of-its-kind, manure-fueled ethanol plant, which was named a 2006 “Deal of the Year” by Project Finance magazine.

Mr. Calavitta attended Tulane University (New Orleans, LA) on a full merit scholarship and earned his Bachelor of Science in Management degree with distinction (summa cum laude) in 1993. He was also the 1993 Wall Street Journal Achievement Award winner, which is an honor bestowed to that year’s top Finance graduate.

Ignacio Carballo

Vice President, Resource & Technology
Tel: +1 512 712 1931
E: ignacio.carballo@macquarie.com

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Mr. Carballo is the Vice President of Resources & Technology for Macquarie. Since joining Macquarie, Mr. Carballo has participated in the development and financing of over 900 MW of wind projects in Oklahoma, Texas and Mexico; 240 MW of solar projects in California and Texas; and is currently involved with the development of a mid-stage 171 MW run-of-river hydro portfolio in Colombia.

Previous experience

Mr. Carballo began his career in the wind energy industry in 2000 at EDF Renewable Energy (“EDF-RE”) and was involved in the energy assessment, development and construction of 1,100 MW of wind energy. During his time at EDF-RE, Mr. Carballo was in charge of the Wind Assessment Team responsible for the analysis of a project pipeline of over 4,000 MW in size. He later worked as a wind resource assessment and engineering consultant with AWS Truepower where he managed the wind energy assessment for thousands of megawatts, both local and international, and clients including developers, utilities and financial institutions tapped onto his understanding of the development field to help them achieve successful completion of projects with cost effective solutions and low uncertainties.

Before his career in wind energy, Mr. Carballo worked in the design of hydroelectric projects in Costa Rica, his native country. His experience in fluid mechanics and wind resource assessment give him the “know how” to accurately understand the local atmospheric conditions and wind resource.

Mr. Carballo holds a Bachelor of Science in Civil Engineering from the Latin American University of Costa Rica.

Edmundo Toro

Vice President
Tel: +1 512 712 1943
E: edmundo.toro@macquarie.com

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Mr. Toro joined Macquarie’s Austin project development team in July 2016. He brings a diverse background in business and project development with broad experience in the U.S., Canada, and key Latin American markets. He will be supporting the development of the 171 MW run-of-river hydro portfolio in Colombia and leading Macquarie’s strategic expansion in development investment across the Latin American region.

Previous Experience

Prior to joining Macquarie, Mr. Toro led the utility scale project development team for SunEdison in Mexico, managing the development of an 1,000 MW portfolio of wind and solar projects throughout the country. Prior to SunEdison, Mr. Toro joined Invenergy, the largest privately-held independent power producer in North America. At Invenergy, he spearheaded their expansion into Latin America establishing local offices in Mexico and Peru, originating and closing development acquisitions, and managing the ongoing development of a 1,800 MW portfolio of wind, solar, and thermal projects throughout the region. In addition to his international development and management experience, Mr. Toro has held several engineering roles with Southwest Power Pool and Entergy Corporation, giving him a deep knowledge of power markets, transmission planning and operations, and vertically integrated utilities.

Mr. Toro holds a BS in Electrical Engineering from the University of New Orleans and an MS in Electrical and Computer Engineering from the Georgia Institute of Technology and is a native of Honduras.

Jeff Muir

Associate, Project Development 
Tel: +1 512 712 1938
E: jeff.muir@macquarie.com

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Mr. Muir joined Macquarie in March 2014 and is focused on the development of greenfield solar, wind and water infrastructure projects. Mr. Muir further supports the initial due diligence and closing out of remaining development for Macquarie’s principal investments in the renewable energy space.

Previous experience

Prior to joining Macquarie, Mr. Muir was a Project Developer at Belectric, a San Francisco Bay Area-based utility-scale solar development, engineering and construction company. In this role, he was responsible for the development of solar projects across North America. Most notably, Mr. Muir managed a portfolio of Southern California Edison (SCE) projects from permitting through commissioning. The four projects were some of the first SCE California Renewable Energy Small Tariff (CREST) projects to be successfully completed.

Before his career in renewable energy, Mr. Muir held business development and project management roles in the environmental consulting industry where he focused on air and water quality and energy efficiency projects.

Mr. Muir holds a MS in Civil and Environmental Engineering from Stanford University and a BS in Civil and Environmental Engineering with a Business Minor from Villanova University.

David Sherman

Executive, Resource & Technology
Tel:+1 512 712 1930
E: david.sherman@macquarie.com 

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David Sherman joined Macquarie in September 2014 as a Resource and Technology Executive . Mr. Sherman provides GIS and technical support for the team’s renewable energy development projects. David is currently supporting the development of Talasa, our mid-stage 171 MW run-of-river hydro portfolio in Colombia.

Previous experience

Prior to joining Macquarie, Mr. Sherman was a Senior Meteorologist with AWS Truepower, where he completed and reviewed wind energy assessments for thousands of megawatts of greenfield wind development projects in North America and Asia. While at AWS Truepower, Mr. Sherman also led the training of several staff members at a new satellite office in Bangalore, India, and coordinated workflow communication between the offices in India and the U.S.

Mr. Sherman holds a Master of Science in Professional Meteorology and a Bachelor of Science in Meteorology from the University of Oklahoma.   

Chris Podbregar

Associate, Project Development
Tel: +1 512  712 1942
E: chris.podbregar@macquarie.com

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Mr. Podbregar joined Macquarie Capital’s Infrastructure Development team as an Associate in 2015. He supports the strategic investment, development, contracting, management, and financing of wind, solar, hydro, and energy storage assets in both the U.S. and Latin American markets. He comes to Macquarie with 10 years of experience in construction cost and contract management on mega-projects in the U.S., U.K. and Australia.

Previous experience

Prior to joining Macquarie, Mr. Podbregar was a Commercial Manager at Origin Energy, the leading vertically integrated energy company in Australia. In this role, Chris was responsible for the delivery of the upstream coal-seam gas infrastructure associated with the $A24.5 billion Australia Pacific LNG project. Prior to Origin Energy, he consulted on the feasibility study for a 250 MW CSP plant in Dalby, Australia. He also managed the construction and commercial risk for a 30.3 MW tri-generation energy project in Brisbane, Australia and an 85.2 MW CCHP energy project for the London 2012 Olympic City in Stratford, U.K.

Mr. Podbregar holds an MBA in Energy Finance & Project Development from The University of Texas at Austin and a BS in Mechanical Engineering with a focus on Construction Management from the University of Wisconsin-Madison.

Jordan Shenhar

Analyst, Project Development
Tel: +1 512 712 1929
E: jordan.shenhar@macquarie.com

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Mr. Shenhar joined Macquarie in June 2017 as a Project Development Analyst. He supports the project development team in conducting due diligence for prospective principal investments and assists with data management and market research pertaining to Macquarie’s existing portfolio of renewable energy assets in the U.S. and Latin America. Mr. Shenhar graduated with honors from the University of Texas at Austin in 2017, where he triple-majored in Economics, Government, and Plan II Honors. He received a Model Thesis award and was named a Distinguished Graduate of the Plan II Honors Program for his thesis on how environmental and zoning regulations affect the economics of state-level incentives for utility-scale wind and solar development.

Previous experience

Prior to joining Macquarie, Mr. Shenhar interned for the American Council on Renewable Energy and for the Millennial Action Project, where he helped author the energy policy agenda for the U.S. House Future Caucus.

Suzanne Richards

Senior Associate, Development Support
Tel: +1 512 712 1925
E: suzanne.richards@macquarie.com

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Ms. Richards joined Macquarie Capital’s Infrastructure Development in 2015, managing the development operations of the Austin office. More specifically, she supports several development work streams such as land title legal curative, insurance, property tax and school district tax abatements, management of Q&A logs and data rooms, and other legal agreements including non-disclosure agreements, etc. While Suzanne has only two years of project development experience, she comes to Macquarie with 20+ years of management experience, primarily in wealth management and real estate asset management.

Previous Experience

Prior to joining Macquarie, Ms. Richards was a Vice President at Pacific Investment Management Company based in Newport Beach, California. In this role, Suzanne was responsible for the management of the investment staff supporting the trading floor, and visitors from the global offices.

Ms. Richards holds a Bachelors degree in Business Management from Western Governors University.