Energy & Innovation Park: Technology-Based Economic Development
Thursday, February 27
5:00 to 7:30 p.m.
Panelist William Bubenicek from Generate Capital shared the links from his presentation here:
- Digital Infrastructure Investment Primer [medium.com]
- Unsustainable Matrix – Power Consumption vs. Power Supply [medium.com]
The construction of an energy and innovation park on the old Stanley Works site in New Britain is now underway. At its construction groundbreaking, EIP LLC said it is spending over $100 million to develop the largest fuel cell installation in North America. By the end of 2020, the plant will produce nearly 20 megawatts of power for the local energy grid powered by 44 Doosan fuel cells manufactured right here in Connecticut. Subsequent phases of the project will include a high-performance computing center powered by an additional 40 plus megawatts of Doosan fuel cells. The data center is predicted to be the data heart for Google, Amazon, and Microsoft, and many existing Connecticut companies, too. EIP predicts the fuel cell operation alone will generate $8 million in tax revenue for New Britain over the next 20 years, and that later phases of the EIP project should generate another $33 million in that time.
During this program, Mark Wick, a partner at EIP, will talk about this exciting technology-based economic development project. Specifically; Mark will discuss:
- What made Connecticut the right place for the EIP project
- What twists and turns this project has taken from concept to reality
- What support and obstacles EIP encountered at the federal, state, local and private level
Following Mark’s presentation, a panel of industry experts who have worked closely with EIP will join us to discuss their roles in bringing this project to fruition.
[5:00 – 5:30 PM]
Reception & Networking
[5:30 – 7:30 PM]
Mark Wick, Partner, Thunderbird CHP LLC and EIP LLC
Mr. Wick is a management consultant with a degree in geology and an MBA from Yale University. He has been involved in the consulting business as well as the development and construction business for over 25 years. He has a demonstrated track record of successfully completed projects and successful management consulting engagements. He is tasked with working with the EIP project’s construction group and the engineering group to assure the successful integration and operation of the fuel cell plant.
William A. Bubenicek, Digital Infrastructure, Generate Capital
William (Bill) Bubenicek has led a diverse life as an entrepreneur with domestic and international experience in various industries. Bill has 15 years’ experience as a founder/entrepreneur/operator and has founded multiple companies, working in the trenches and building from the ground up to the boardroom, across 40+ countries. Bill’s core strengths are in business development, corporate strategy, capital raising, and corporate structure. He is focused on the implementation side of sustainable infrastructure and specializes in developing and financing on-site power plants for digital infrastructure and other “critical infrastructure.” He also has cross-functional industry experience across cleantech, cell tower networks (ICT), data centers, cloud architectures, internet of things (IoT), artificial intelligence (AI), and applied data science.
Bill holds a BA in Sociology from the State University of New York at Albany and an MBA from Colorado Technical University.
Joel Rinebold, Director of Energy Initiative, Connecticut Center for Advanced Technology (CCAT)
Mr. Rinebold is associated with the development of energy projects and energy planning initiatives in the region. At CCAT, a federally-supported program established to strengthen technology-led economic competitiveness, Mr. Rinebold is Director of Energy Initiatives with a focus on energy and infrastructure planning, the development of renewable and advanced energy technology, and economic development associated with energy management. Mr. Rinebold was instrumental in establishing the Connecticut Hydrogen Fuel Cell Coalition and the Northeast Electrochemical Energy Storage Cluster. Mr. Rinebold is also engaged in several development initiatives for energy facility siting, advancement of hydrogen and fuel cell technology, “microgrid” infrastructure, and the establishment of renewable energy facilities using agricultural biomass and wind. Mr. Rinebold was the founding Executive Director of the Institute for Sustainable Energy at Eastern Connecticut State University, established to promote an improved awareness of energy uses, efficient use of energy, and protection of environmental resources. Mr. Rinebold was Chair of a state legislative Task Force to assess regional energy infrastructure and Chair of a state Legislative Task Force to assess energy infrastructure crossing Long Island Sound. Previously, Mr. Rinebold was the Executive Director of the State of Connecticut Siting Council where he directed all activities for electric forecasting and the site regulation of energy, telecommunications, and waste management facilities since 1985. Prior to serving with the Siting Council, Mr. Rinebold worked as the District Manager for the U.S. Department of Agriculture, Litchfield County Conservation District. Mr. Rinebold has served as adjunct faculty at Middlesex Community College and Central Connecticut State University teaching senior and graduate-level environmental planning classes. Mr. Rinebold is considered an expert in energy and telecommunications issues and has presented papers and lectured on these issues throughout the United States, Canada, and Europe. Mr. Rinebold is a Board Member of the Connecticut Power and Energy Society, Board Member of the Fuel Cell and Hydrogen Energy Association, a member of the ISO New England Planning Advisory Committee, and a member of the Citizens Advisory Committee for the EPA Long Island Sound Study.
Richard Harris, Partner, Day Pitney LLP
Richard (“Rick”) Harris is a Partner in Day Pitney LLP’s New Haven office where he leads the firm’s Technology, Telecommunications, and Outsourcing practice group. Rick’s practice includes structuring, negotiating, and documenting the acquisition, disposition, and recapitalization of technology-related business enterprises.
In addition, Rick advises leading technology companies in connection with computer and other technology licenses; technology transfer and joint venture agreements; system development agreements; and copyright, trademark, and trade secret matters. Much of Rick’s technology licensing practice is devoted to the transfer and commercialization of technology from research universities around the United States to private industry.
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