WHO WE ARE

Alchemy Renewable Energy, a portfolio company of Monarch Private Capital (MPC) founded in 2016, is at the forefront of the industry in renewable energy creation and comprehensive project finance. We engage renewable energy endeavors at all stages of development to deliver sustainable energy production.

Alchemy’s focus is on an innovative full-scope approach to development, long-term debt financing, and tax equity solutions. We customize low-risk tax and federal equity strategies to each client’s distinct objectives, helping to advance the success of their projects and ensuring economic returns.

We bring unparalleled financing support to our projects, thanks in part to our relationship with MPC. Founded in 2005, MPC provides federal and state tax credit solutions to Fortune 500 companies, banks, insurance companies, and high-net-worth individuals. Since inception, MPC has placed nearly $1 billion transferable credits in the marketplace without recapture. Alchemy leverages this expertise, knowledge, and network to serve as a leader in renewable energy development and financing support.

Today, our team represents the best in class within their respective fields, which include big four accounting, investment banking, underwriting, real estate development, tax incentives, and economic development. Our experience, long-standing presence, strategic relationships, and unwavering professional integrity continue to generate success for developers, lenders, sponsors, and tax equity investors.

MONARCH PRIVATE CAPITAL

Monarch Private Capital was founded in 2005 as a partnership between Robin Delmer, an Atlanta-based affordable housing developer, and George Strobel, a high net worth family tax advisor. Today, they bring their experience directly into credit acquisitions and investments.

MPC originally invested in Georgia affordable housing projects to receive allocations of affordable housing tax credits, funded through a combination of equity, bank debt and seller financing. We marketed directly to taxpayers through our network of CPAs, lawyers, family office managers and other tax advisors in the southeast. The company grew through selective investment in developments that generate tax credits in Georgia and other states. Monarch Private Capital developed its brand as a distinguished, high-quality provider of multi-state tax credits of all varieties.

MPC then expanded to marketing film credits generated by major studios as well as investing in renewable energy projects that generate transferable state and federal tax credits.

MPC operates Monarch Tax Credits (MTC) for syndication services and Monarch Private Investment (MPI) for other investment including renewable energy development, historic redevelopment, and affordable housing.

Monarch Private Capital is headquartered in Atlanta, and has regional offices located throughout the U.S.

MONARCH PRIVATE CAPITAL

Monarch Private Capital was founded in 2005 as a partnership between Robin Delmer, an Atlanta-based affordable housing developer, and George Strobel, a high net worth family tax advisor. Today, they bring their experience directly into credit acquisitions and investments.

MPC originally invested in Georgia affordable housing projects to receive allocations of affordable housing tax credits, funded through a combination of equity, bank debt and seller financing. We marketed directly to taxpayers through our network of CPAs, lawyers, family office managers and other tax advisors in the southeast. The company grew through selective investment in developments that generate tax credits in Georgia and other states. Monarch Private Capital developed its brand as a distinguished, high-quality provider of multi-state tax credits of all varieties.

MPC then expanded to marketing film credits generated by major studios as well as investing in renewable energy projects that generate transferable state and federal tax credits.

MPC operates Monarch Tax Credits (MTC) for syndication services and Monarch Private Investment (MPI) for other investment including renewable energy development, historic redevelopment, and affordable housing.

Monarch Private Capital is headquartered in Atlanta, and has regional offices located throughout the U.S.

OUR LEADERSHIP

LACIE CLARK
LACIE CLARKChief Executive Officer

Chief Executive Officer

Lacie Clark serves as Managing Director of Monarch Private Capital and Chief Executive Officer of Alchemy Renewable Energy. Clark’s responsibilities include leading and managing the firm’s Energy Business as well as handling strategic management and operational oversight of MPC’s business units.

Clark has more than 12 years’ experience in energy industry and nearly 10 years of tax credit and capital market experience. Clark brings several years of expertise in investing, transacting and the strategic and operational management of organizations and power assets in sectors of Solar, Wind, Biomass, Combined Cycle Natural Gas, Coal, Refined Coal s45, Transmission, Distribution, Emissions Reductions, with the EPA/DOJ Clean Air Act, FERC/NERC Regulatory Compliance, and other energy sectors.

At Monarch, Clark co-founded Alchemy and has built it into a strong, full-scope organization with deep sector understanding, internal technical and asset management capabilities, with investment and financing expertise. This fully integrated approach has allowed Alchemy to focus on and comprehensively streamline development, long-term debt financing, and tax equity solutions which sets it apart from others in this energy sector. Through Clark’s leadership, MPC and Alchemy have transacted on more than 800 MW of renewable energy, syndicating hundreds of millions of dollars of state and federal investment tax credits, all while creating a balance sheet at Alchemy in excess of $200mm.

Prior to joining MPC, Clark served as the Chief Operating Officer at a capital market firm and was involved in all aspects of the tax credit business including the strategic management of renewable energy development deals. Clark previously served as Associate General Counsel for Associated Electric Cooperative, Inc. where she provided lead legal counsel for over 600 MW of wind energy for the utility, which serves over 875,000 residential customers in Missouri, Oklahoma and southeast Iowa. Clark’s renewable energy experience has been particularly relevant to MPC’s growing energy assets business, having previously served in strategic management roles, business development and legal capacities on behalf of investors, developers and utilities.

Clark has a JD/MBA from Marquette University in Milwaukee, Wisconsin and a Bachelor of Business in Finance from Western Illinois University. Clark is a licensed attorney and member of the Wisconsin Bar and ABA.

JONATHAN GROSS
JONATHAN GROSSChief Financial Officer

Chief Financial Officer

Jonathan Gross is the Chief Financial Officer for Alchemy Renewable Energy. He also serves as Director of Business Development for Monarch Private Capital where he is responsible for identifying and vetting significant tax credit-incentivized projects in the areas of renewable energy, affordable housing, and the rehabilitation of historically significant commercial and/or residential structures.

Previously, Jon was a partner-in-charge of the Renewable Energy Transaction Advisory Group for the Charlotte office of CohnReznick. During his tenure, he provided relevant financial and accounting services on behalf of investors, developers, renewable energy project sponsors, general partners, and community development entities. Jon is actively committed expanding clean energy programs, working with legislation influencers to protect and extend renewable energy tax credit programs.

Gross holds a B.S. in Accounting from Temple University. He is a CPA in North Carolina and Pennsylvania, and a member of the American Institute of CPAs, North Carolina Association of CPAs and Pennsylvania Institute of CPAs. Jon is also a member of the North Carolina Sustainable Energy Association and the treasurer for Clean Air Carolina, and was a founding board member of the North Carolina Clean Energy Business Alliance.

JEFF JOHNS
JEFF JOHNSManager of Energy Operations
View Bio
LIZ DUGGER
LIZ DUGGERManager, Renewable Energy Project Finance
View Bio
SARAH KUIPERS
SARAH KUIPERSGeneral Counsel
View Bio

OUR TEAM

AUSTIN GASTINEAU
AUSTIN GASTINEAUSpecial Projects
View Bio
CHRISTOPHER SNYDER
CHRISTOPHER SNYDERSenior Financial Analyst
View Bio
JEFF MEYERS
JEFF MEYERSFinancial Analyst
View Bio
BETH PETTIFURD
BETH PETTIFURDUnderwriting Analyst
View Bio
KARI SMITH
KARI SMITHProject Analyst
View Bio
BILLY HUGER
BILLY HUGERManaging Director of MPC Advisors
View Bio
CHUCK KAISER
CHUCK KAISERManaging Director of Financial Investments
View Bio
PETER ROURK
PETER ROURKManaging Director of Tax Credit Investments
View Bio
SHAWN LEMOND
SHAWN LEMONDDevelopment Asset Consultant
View Bio

OUR DIRECTORS

GEORGE STROBEL II
GEORGE STROBEL IIDirector
View Bio

Monarch Private Capital was founded in 2005 as a partnership between Robin Delmer, an Atlanta-based affordable housing developer, and George Strobel, a high net worth family tax advisor. Today, they bring their experience directly into credit acquisitions and investments.

ROBIN DELMER
ROBIN DELMERDirector
View Bio

THE RIGHT TEAM. THE RIGHT SOLUTION.

OUR MISSION

Helping create clean power by investing in and attracting investors to renewable energy projects.

CORE VALUES

  • Commitment – If we say we’ll do it, we’ll do it. No fine print.

  • Drive – We do what it takes to get things done.

  • Integrity – We are honest, ethical, and dependable in our dealings with our clients, partners, and co-workers.

  • Adaptability – We work with our business partners to get better faster than our competitors. We keep moving forward.

  • Culture – We treat each other with respect and compassion. We embrace diversity.