George Schaefer, MPA
George Schaefer has over 25 years’ finance experience in the domestic and international electric and renewable energy industries. He specializes in finance, transaction structuring, mergers, acquisitions, disposals and corporate leadership.
Mr. Schaefer is currently an Entrepreneur-in-Residence at the University of Texas’ Austin Technology Incubator. In this role, he actively evaluates new opportunities and supports students, faculty and other executives of early stage companies in key start up activities related to team formation, strategic marketing, business development, strategic partnering and fund raising.
George is also is an active member of the Central Texas Angel Network, the Capital Factory and the Clean Technology Open, where he mentors and invests in early stage startups in the energy and technology industries. He currently serves on the Advisory Boards of several startups in the Austin area.
Prior to moving to Austin in 2014, Mr. Schaefer served as CFO of several three successful renewable energy startups in the solar and biofuels sectors. In these roles, George was responsible for all of the corporate and project finance, accounting, SEC and financial reporting, legal and administrative functions.
Earlier in his career, George was the Principal Financial Officer of NRG Energy during its bankruptcy in 2002-2004; and then was NRG’s Vice President and Treasurer following its emergence. In this role, George led two major refinancing of the company, including the successful $10.2 billion financing of NRG’s acquisition of Texas Genco, doubling the size of the Company.
Mr. Schaefer also was Vice President and Treasurer of Reliant Energy International and PSEG Global, were he led the financing of over $6 billion of equity and debt for the acquisition of international and domestic power companies (including the two largest electric distribution companies in Latin America) and power generation assets. At PSEG, he led the successful re-negotiation of $1 billion in debt for two large fossil fuel fired power facilities located in Texas.
Mr. Schaefer was Senior Vice President at GE Capital for over 10 years, where he co-founded and led its Energy Project Finance Group in 2002 and it’s European Structured Finance Group in 2008. In these roles he led the closing of over $2 billion in transactions. Prior to GE Capital, he worked at Booz Allen, a leading management consulting firm.
George has served on the Boards of the Maxwell School for Public Affairs at Syracuse University, the School of Public Affairs at American University and the Center for Environmental Policy in Washington, DC. He has his Masters degree from Syracuse University and his Bachelor’s degree from American University.