Ansonia Partners Research
Advisory Approach
Ansonia Partners is a specialized investment banking partnership focused exclusively on the energy, power, utilities, and infrastructure sectors. Founded in 2017 through the merger of TAG Energy Partners (established 2010) and a merchant bank, Ansonia Partners combines deep institutional expertise with an entrepreneurial approach to M&A advisory and capital markets. The firm's thesis centers on the belief that energy and infrastructure businesses require specialized banking expertise that understands both the regulatory environment and the unique capital structures of this sector. Their positioning emphasizes access, innovation, and creative solutions derived from decades of direct relationships with strategic players, financial investors, and leading capital markets participants.
Sector Focus & Industry Expertise
Ansonia Partners concentrates exclusively on the energy and infrastructure sectors, with particular depth in renewable power, traditional generation, transmission and distribution, and emerging energy technology. The firm serves power and utility companies, independent power producers, renewable energy developers, transmission companies, midstream infrastructure operators, and energy technology firms. Their team brings operational understanding of the full project lifecycle—from development and construction through long-term operation and optimization. This specialized focus contrasts with generalist investment banks and positions them as true sector specialists capable of navigating complex regulatory, operational, and financial considerations unique to energy assets.
Key subsectors of expertise include: renewable power generation (wind, solar, biomass), traditional thermal generation, hydroelectric and pumped storage, power transmission and distribution infrastructure, midstream and pipeline infrastructure, energy technology and IoT solutions, and distributed energy resources including microgrids and energy storage.
Process & Advisory Services
Ansonia Partners offers comprehensive M&A advisory services across the transaction lifecycle, including both sell-side and buy-side advisory. Their service offerings span:
M&A Advisory: Full sell-side and buy-side M&A advisory including transaction origination, financial structuring, buyer identification and outreach, valuation analysis, and transaction execution support.
Capital Raising & Structuring: Placement agent services for institutional debt, preferred equity, and common equity placements; capital structure optimization; alternative financing solutions; and project finance arrangements.
Corporate Finance: Joint venture and partnership structuring, pass-through vehicle design, tax-oriented solutions, and ratings management support.
Development & Project Finance: Advisory on development, construction, and long-term project financing; strategic partnership identification; and counterparty relationship development.
Deal Track Record
Ansonia Partners has closed transactions across renewable energy, traditional generation, and infrastructure sectors. Notable recent transactions include:
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ReGenerate Energy Holdings Acquisition (2021): Served as financial advisor to ReGenerate (joint venture of Ember Infrastructure and ReEnergy Biomass Operations) on the acquisition of Albany Green Energy, a 50 MW biomass power facility in Albany, Georgia from Exelon Generation. The facility converts woody biomass from mill residue, forestry waste, and agricultural materials into electricity for Georgia Power and process steam for Procter & Gamble and the U.S. Marine Corps Logistics Base. This transaction demonstrated Ansonia's capability in renewable energy asset acquisitions and structuring complex power purchase and steam supply agreements.
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Bright Canyon Energy Wind Investment (2020): Originated and advised Bright Canyon Energy (subsidiary of Pinnacle West Capital Corporation) on acquisition of indirect ownership interests in two Tenaska-developed wind projects: 9.9% interest in Tenaska Clear Creek Wind and 5.1% interest in Nobles 2 Power Partners. This was BCE's first renewable energy transaction. Ansonia originated the opportunity directly from developer Tenaska, advised on project finance structures including PAYGO debt and tax implications, and managed contract review and valuation support across the parent company's enterprise.
These transactions demonstrate Ansonia's ability to originate opportunities directly with strategic developers and utilities, navigate complex project finance structures, and execute across both minority and majority ownership scenarios.
Team & Expertise
The firm is led by a partnership of energy banking veterans with 150+ years of combined experience:
Scott Medla, Managing Partner: Founder of TAG Energy Partners (2010). Previously served as Managing Director of CIT Energy (heading New York office covering power, utilities, renewables, and energy technology), Managing Director at Bank of America Securities covering power/utilities, Managing Director of New Harbor, and head of Deutsche Bank Securities' power and utility practice for North America. Earlier career as VP at Citibank and Irving Trust Company. MBA from Cornell's Johnson School; BA from Union College. Currently responsible for relationship management and advisory services across power, utilities, renewables, power transmission, and energy technology clients.
Al Statman, Managing Director: Distinguished energy attorney with 33 years as managing shareholder of Wright & Talisman P.C., a leading boutique energy law firm in Washington, D.C. Specialized in representing utilities, transmission companies, and generators before federal and state regulators. Founder of Trans-Elect, Inc., North America's first independent transmission company (served as Executive Vice President and General Counsel 1999-2005). Affiliate partner of Lindsay Goldberg private equity firm. Recently partner in Libertad power projects in New Mexico focused on hydrogen economy. J.D. from Syracuse University College of Law; undergraduate from Oregon State University (highest honors).
Steve Casey, Managing Director: Co-founder of TAG Energy Partners. Previously head of energy group at Alberleen Group (merchant bank focused on impact investing). Senior investment banking positions in energy including Director/Deputy Head at CIT Energy and Senior Vice President at New Harbor. Founding partner at NP Energy during US electricity deregulation, responsible for building power producer contract portfolio across US midcontinent. MBA from Stern School of Business; BA from Columbia University.
Pablo Sandstrom, Director: Associate at Morgan Stanley in London office with experience on 20+ high-profile M&A transactions including pharma takeover defense and prominent financial advisory assignments in aerospace, banking, telecom, and technology sectors. Double degree in International Business & Finance from ICADE Business School (Madrid).
Buyer Network & Strategic Relationships
Ansonia Partners maintains extensive relationships developed over decades with strategic energy/utility companies, leading energy-focused private equity firms, family offices, institutional capital providers, and renewable energy developers and operators. These relationships provide deal origination opportunities, buyer identification capabilities, and access to diverse capital sources for client transactions.
Competitive Positioning
Ansonia Partners differentiates through 100% energy/infrastructure sector focus (versus generalist banks), deep regulatory expertise from former utility counsel and FERC specialists, merchant banking background providing investor perspective, demonstrated transaction origination from direct developer/operator relationships, and boutique size combined with institutional advisory quality.
Geographic Coverage
Primary US focus with extensive Northeast relationships (particularly Washington D.C. regulatory hub) and broader US coverage.
Organization & Track Record
Formed January 2017 through merger of TAG Energy Partners (established 2010) and merchant bank. Team members hold Series 79 (Investment Banking) FINRA registrations through Independent Brokerage Solutions LLC partnership.