Advance Capital Markets
Mr. Ware is the founder of Advance Capital Markets, Inc. a private investment firm with a long and successful track record in the energy and power industries. He has served as a financial advisor to private equity funds, international energy firms, independent power companies, electric utilities as well as a number of successful entrepreneurial enterprises.
Mr. Ware served as a financial advisor to Good Energies (GEI) from 2002-2006 and as a Managing Director from 2007-2010. He managed many of GEI’s venture capital and project investments in North America. This entailed sourcing the investment opportunity, managing the deal team through closing, monitoring the investment post closing and directing selected exits. These transactions included solar PV, solar thermal, wind, green buildings, energy efficiency and renewable resource assessment technologies.
Mr. Ware has arranged financings for wind, solar, hydro, biofuels, biomass and geothermal projects and has guided several companies from start-up, through venture financing, and later growth stages including the IPO process. Prior to founding Advance, in 1989 Mr. Ware was CEO of Reliance Energy Services, a subsidiary of a $3 billion investment company.
From 1974 – 1980 Mr. Ware was CEO of Energy Decisions Inc. an energy-consulting firm, which served U.S. and international clients. Mr. Ware’s career began in 1973 at the Federal Energy Office, where he was part of the team that implemented the U.S. Government’s response to the 1973 oil embargo.
Mr. Ware served on the boards of nine GEI portfolio companies and is on the board of the American Council on Renewable Energy (ACORE). He has also served on the Board of several NASDAQ and NYSE companies. Mr. Ware is an Adjunct Professor at the George Washington University Business School and teaches a course on Energy and Clean Technology.
He holds a B.A. degree from the University of Detroit and an M.A. degree from Ohio State University where he was a fellow at the Mershon Center for National Security Studies.