BBL: Peter Davidson, Executive Director of the Loan Program Office (LPO)
January 28, 2014 12:00pm - 1:00pm
Peter W. Davidson was appointed by the Obama Administration to serve as the Executive Director of the Loan Programs Office at the U.S. Department of Energy, the largest Federal project finance organization in the United States. Mr. Davidson oversees the program’s $34 billion existing loan and loan guarantee portfolio in renewable energy and advanced automotive technologies, making the Department of Energy the largest cleantech lender in the country. Mr. Davidson is responsible for ensuring that the Department carries out its mission to provide debt capital to significant energy and automotive projects that are deploying one or more new technologies or processes that, once successful, will lead to a dramatic decrease in greenhouse gas emissions or other pollutants.
Prior to leading the LPO, Mr. Davidson was Senior Advisor for Energy and Economic Development at the Port Authority of New York and New Jersey and was the Executive Director of New York State’s economic development agency, the Empire State Development Corporation. Prior to his government service, Mr. Davidson was an entrepreneur who founded and managed six companies and was an executive in the investment banking division of Morgan Stanley & Co.
Known as a creative business leader, Mr. Davidson has piloted complex deals, structured numerous equity and debt-raising transactions, handled labor negotiations, and acted as lead negotiator in multiple financings, acquisitions and asset sales. Since 2001, Mr. Davidson has also been Chairman of the JM Kaplan Fund, a leading family foundation. Under his leadership, grant making has focused on reducing New York City’s carbon footprint; supporting immigrant integration in the U.S. and archeological conservation world-wide.
Mr. Davidson is a graduate of Stanford University and Harvard University’s Graduate School of Business Administration.