Ammad Faisal, CFA
Managing Director & Co-Head of Chicago Office
Meet Ammad Faisal, CFA
Ammad Faisal, Managing Director at Marathon Capital, has over 13 years of investment banking and capital markets experience covering the energy and power sector including financial sponsors, small-mid cap utilities, independent power producers, and renewable energy companies. At Marathon Capital, he focuses on mergers and acquisitions, debt, equity, and tax equity capital raise transactions. Recently, Mr. Faisal worked on the sale of Tyr Energy, Sumitomo and Google’s ownership interests in the 845 MW Shepherds Flat operating wind farm to Caithness Energy, sale of C&I solar platform SoCore Energy to French utility Engie, a $1.6 billion sale of sPower to AES/AIMCo, and on the asset sale of Heelstone’s 194 MW utility-scale solar portfolio to Sammons Enterprises.
Before joining Marathon Capital, Mr. Faisal was Vice President at Bank of America Merrill Lynch in the Global Energy Power Investment Banking Group. He worked on many mergers and acquisitions including LS Power’s purchase of a $1.5 billion power plant portfolio from Dynegy, the Sponsor-led sale of Bosque gas plant in ERCOT to Calpine for $432 million, and the $140 million debt private placement for Otter Tail Corporation. Before joining Bank of America Merrill Lynch, Mr. Faisal worked in the equity capital markets group at Citi, facilitating the origination and structuring of equity and convertible offerings in the technology sector. He executed 28 transactions raising over $8 billion in proceeds. He is also a co-founder of a VC-backed consumer technology company, Arccos Golf, that promises to transform the golf industry through big data and patented sensors.
Mr. Faisal received a BA in Mathematics and Economics from Middlebury College. He is a CFA® charterholder and holds his Series 24 and 79 licenses.