PE Tech Report


Like this article?

Sign up to our free newsletter

North Sky Capital adds to sustainable infrastructure team

North Sky Capital (North Sky), a pioneer in impact investing, has appointed Ying Lucy Fan as a Vice President.

Fan joins North Sky from Peak Power, an Ontario‐based battery storage developer where she has served as Director Commercial Operations and Transactions since 2018. Previously, she was a Senior Associate at New Energy Capital, where she worked for more than four years with Adam Bernstein, who is now North Sky’s head of sustainable infrastructure. While at NEC, Fan and Bernstein acted as sub‐advisors to North Sky’s 2010 and 2015 vintage infrastructure funds.

“We’re thrilled to be working again with Lucy,” says Bernstein. “She brings a highly specialized skill set of development, operating and investing experience relevant to our specific middle market infrastructure sector.”

Fan previously worked closely with Bernstein and North Sky Managing Director Mike Pohlen on the firm’s highly successful investment in FLS Energy. Dale Freudenberger, who served as CEO of FLS Energy, joined North Sky in March as Operating Partner.

“I am excited to be working again with Adam, Dale, Mike and the rest of the North Sky team,” says Fan, who holds a BA in Chemical Engineering from the Massachusetts Institute of Technology. “I am eager to add my recent experience with battery storage project development to the firm’s expertise in investing in middle market clean energy, waste and water infrastructure projects.”

Like this article? Sign up to our free newsletter