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Up Energy Group, Inc. (UpEnergy)

UpEnergy fights poverty, improves health, and protects forests by selling high-quality, affordable clean technology in the developing world.

  • Stage $500K in TTM Revenue
  • Industry Clean Technology
  • Location San Francisco, CA, USA
  • Currency USD
  • Founded November 2010
  • Employees 15
  • Website upenergygroup.com

Company Summary

UpEnergy makes clean energy technologies available to the developing world through carbon-financed distribution. Roughly 3 billion people still cook on open fires that pollute the environment, decimate forests and threaten public health. In fact, more people die from from indoor air pollution than from malaria and tuberculosis. UpEnergy makes high-quality and affordable alternatives accessible to communities by leveraging carbon finance.

Team

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    Erik Wurster
    Managing Director

    Prior to joining UpEnergy, Erik co-founded E+Carbon, Inc. - the carbon finance subsidiary of E+Co. He implemented some of the world’s first Gold Standard (GS) cookstove projects as well as one of the earliest multi-country programs. Erik co-authored the latest GS cookstove methodology and served on the Alliance for Clean Cookstoves working group. Prior to E+Carbon, Erik worked as a UNDP consultant in sustainable energy. Erik holds a MA in Public

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    Nicole Ballin
    Chief Operating Officer

    Nicole is a serial, social entrepreneur with seven years experience in operations and business management. Nicole came to UpEnergy from the financial sector where she worked for UBS and Deutsche Bank. Nicole is the Co-Founder of Refill Revolution which was successfully acquired in 2012 and currently serves on the Board of Advisors for True2O. Nicole holds an MBA from UC Berkeley and a BA in International Economics from UCLA.

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    Matthew Evans
    Principal

    Matt has led many projects focused on poverty reduction in Africa, Asia, and Latin America. He focuses on applying principles of social marketing and carbon finance to scale projects. Matt is currently Managing Director of Impact Carbon and was formerly the co-founder and Executive Director of Live Climate. Matt holds an MBA from the University of California, Berkeley and a BA in International Relations from Stanford.

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    Evan Haigler
    Principal

    Evan has been a leader in the carbon finance and cookstove sector since its inception. He contributed to the Voluntary Gold Standard (GS) Methodology for Improved Cookstoves. He also developed the first Voluntary GS Cookstove Project. Evan is Co-Chair of the Carbon Finance Working Group at the Global Alliance for Clean Cookstoves and serves as Executive Director at Impact Carbon. Evan holds an MS in Environmental Health Sciences from the UC Berke

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    Alex Rau
    Principal

    Alex has a decade of experience in environmental finance. He co-founded the trading desk at EOS Climate and was on the Climate Change Services team in PWC's Energy Corporate Finance practice. Alex has worked with clients such as McKinsey & Company, Rio Tinto, and CalPERS on carbon issues. He co-authored the Voluntary Carbon Standard and is published in the Harvard Business Review. Alex has a Ph.D. in Physics from Oxford University, a B.A. from

Advisors

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    Wilson Sonsini, Goodrich and Rosati
    Lawyer
    Unconfirmed
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    Yerina Pascual & Dizon Inc.
    Accountant
    Unconfirmed

Previous Investors

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    Blake Schaeffer
    Unconfirmed
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    Climate Wedge L.L.C.
    Unconfirmed
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    Founders
    Unconfirmed