Profile
Jake joined Actis in September 2015 from Globeleq, the leading African power generation platform that Actis grew over eight years and sold in September 2015.
During his 12 year tenure with Globeleq Jake helped Actis execute its energy fund business plan, managing the construction process – on time and on budget – of several power projects in the Globeleq Africa and Globeleq Mesoamerica Energy platforms.
Prior to Globeleq, Jake managed technical development and construction projects in Pakistan, Aruba and the US with the Coastal Corporation and El Paso Energy.
He also worked on US Nuclear projects for Tennessee Valley Authority, Bechtel Corporation and Mississippi Power & Light.
As part of the US Navy Nuclear power program he followed an engineering curriculum concentrated on nuclear physics, thermodynamics, chemistry and electrical engineering, in addition to operation and maintenance of pressurised water nuclear reactor facilities.
Jake has 40 years’ experience in the power industry and more than 20 years’ experience working in growth markets.
A six-year service in the US Navy and a stint with the Coastal Corporation allowed Jake to see many parts of the world and ignited an interest in high-growth markets.
Early in his career, he worked on large nuclear projects across the US but developing a gas-fired power generation project in Baluchistan, Pakistan in 1995 led him to the energy space.
In his own words: “Connecting a new asset to the grid is tremendously satisfying
Former positions of Jake McConnell
| Companies | Position | End |
|---|---|---|
Globeleq Ltd.
Globeleq Ltd. Electric UtilitiesUtilities Provides energy generation service | President | 2015-09-29 |
Actis LLP
Actis LLP Investment ManagersFinance Actis invests in companies located across the globe. The firm targets companies operating in the fields of energy infrastructure, long life infrastructure, digital infrastructure, real estate and private equity. It provides financing for buyout and growth capital requirements. | Private Equity Investor | - |
US Department of the Navy (District of Columbia)
US Department of the Navy (District of Columbia) SovereignGovernment Naval service branch of the government | Corporate Officer/Principal | - |
| ENTERGY MISSISSIPPI, INC | Corporate Officer/Principal | - |
| TENNESSEE VALLEY AUTHORITY | Corporate Officer/Principal | - |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 7 |
|---|---|
El Paso Energy Corp.
El Paso Energy Corp. Oil & Gas PipelinesIndustrial Services Transports, stores, and supplies natural gas | Industrial Services |
Globeleq Ltd.
Globeleq Ltd. Electric UtilitiesUtilities Provides energy generation service | Utilities |
Tennessee Valley Authority
Tennessee Valley Authority General GovernmentGovernment Provides electricity, energy, environment and economic development services | Government |
Coastal Power Co.
Coastal Power Co. Gas DistributorsUtilities Gathers, markets, processes, stores and transmits gas, petroleum, and chemicals | Utilities |
Actis LLP
Actis LLP Investment ManagersFinance Actis invests in companies located across the globe. The firm targets companies operating in the fields of energy infrastructure, long life infrastructure, digital infrastructure, real estate and private equity. It provides financing for buyout and growth capital requirements. | Finance |
US Department of the Navy (District of Columbia)
US Department of the Navy (District of Columbia) SovereignGovernment Naval service branch of the government | Government |
Mississippi Power & Light Co.
Mississippi Power & Light Co. Electronic Equipment/InstrumentsElectronic Technology To supply electric service to its customers at one point of delivery, and served from one power source. | Electronic Technology |
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