Peter Luchetti, Managing Partner
Peter Luchetti serves as TRC’s Managing Partner, and was appointed by Governor Brown to Vice-Chair of the California Infrastructure Bank where he currently serves. Luchetti led Table Rock in structuring, financing, negotiating and closing the 30-year Rialto Water & Wastewater Concession, a breakthrough in California infrastructure delivery. Table Rock remains a joint owner of the Concessionaire, Rialto Water Services, together with the Union Labor Life Insurance Co’s (ULLICO) Infrastructure Fund. Prior to forming TRC, Luchetti was Managing Director and Global Head of Project & Structured Finance for Bank of America. In this role he was responsible for a 180-person team transacting in 32 countries on the origination and execution of project and structured finance advisory, and capital-raising activities. Luchetti’s experience includes transactions closed across the transportation, social infrastructure, water & waste, energy, and communications sectors. Luchetti also served in a pro bono capacity for three years assisting in the formation and launch financing of the Marin Energy Authority, California’s first independent green energy agency or CCA (Community Choice Aggregation). Prior to assuming leadership of the Project & Structured Finance Group, Luchetti started and ran Bank of America’s first distressed loan trading desk, and previous to Bank of America, Luchetti worked for 7 1/2 years at J. Aron Goldman Sachs.
Megan Matson, Partner
Most recently, Megan was lead partner in the CH2M Hill/Table Rock response to the City of Wichita’s Water & Wastewater Request for Proposals. Historically, Megan was instrumental in bringing the $172 MM water and wastewater investment in Rialto, California to financial close, including the capital raise, investor due diligence, PLA and employee transition, environmental and engineering reports facilitation, public partner and community relationships, and other conditions precedent. Megan now works together with majority equity investor Ullico on the ongoing asset management of the Rialto effort, and is a lead on Table Rock’s 100-City tour to next screened cities positioned to benefit from the model. Previous to Table Rock, Megan founded the MMOB (Mainstreet Moms Organize or Bust), a 50,000 member 50-state political action committee. At the MMOB she led grassroots organizing and community outreach to eleven city councils and the Marin Board of Supervisors getting the votes necessary to launch California’s first independent green energy agency, the Marin Energy Authority CCA (Community Choice Aggregation). Megan was Field Director for the win against Prop 16, PG&E’s $55MM statewide ballot initiative aimed at defeating Marin’s CCA. She organized successfully against PG&E’s $5.5MM countywide campaign to stop CCA, and helped win victories for CCA at the CPUC. She then cofounded LEAN Energy, a national organization furthering the development of CCA around the country, before joining Table Rock. Previously at the MMOB, Megan led national, state and local grassroots organizing on a range of initiatives, including peer-to-peer voter registration innovations in 17 swing states proven in a Yale study to be 3.8x as effective as conventional; successful election integrity litigations in Florida and California through pollworker recruitment and training; and state-by-state legislation drafting and roll-out. Megan describes Table Rock as “private equity on a mission,” and sees private capital and expertise as critical to addressing the country’s severe infrastructure gap. She is committed to projects that are at once cost-effective, CO2 reducing, adaptive to changing water and energy conditions, and that build jobs toward a restored middle class. Megan is on the Board of the Southwest Megaregion Alliance, having previously served on the Boards of the affordable housing non-profit Bolinas Community Land Trust and of Strategic Energy Innovations. She received her B.A. from Yale University and lives in Bolinas with her family.
Jake Carney, Director
Jake Carney joined Table Rock in 2016 to lead renewable energy project development and financing efforts. Prior to joining Table Rock, Jake served as Director for Commercial and Industrial Project Finance at SunEdison where he and his team were responsible for originating, structuring, and closing tax equity and debt transactions, and facilitating drop downs to SunEdison’s Yield Co TerraForm Power. Jake led project financing efforts for the company’s U.S. commercial-scale solar PV portfolio, financing approximately 100 MW / $300mm of C&I projects per year, as well as structuring a $250mm residential solar tax equity fund. Prior to SunEdison, Jake worked for BrightSource Energy’s project finance group responsible for financing the company’s 2 GW U.S and International Concentrated Solar Power pipeline, as well as with U.S. solar PV developers Agile Energy (utility-scale) and Tioga Energy (commercial-scale). Prior to entering the solar industry, Jake was a consultant with Accenture’s Energy Practice from 2007-2009, working for electric utility and oil & gas clients. Jake received an MBA from the University of California, Berkeley and a BA from Middlebury College.
Will Hewes, Director
Will Hewes participates in all aspects of Table Rock Capital’s work including business development, due diligence, financial modeling, and community engagement. His main interest lies in creating new models for financing water infrastructure investment and developing innovative, adaptable approaches to water supply and quality challenges. Will has worked on water infrastructure and water management for the past decade. He spent five years in the non-profit sector working on U.S. water policy leading numerous legislative campaigns, consulting with state governments on water resources planning, and overseeing research projects. He worked extensively with federal agencies and Congress on a range of initiatives designed to finance critical infrastructure systems and develop innovative and adaptive water and wastewater systems. Will holds an MBA from the Haas School of Business at the University of California, Berkeley and a BA in International Relations from Brown University.