We create opportunities to participate in and shape the emergence of clean, smart and profitable energy that is transforming America's energy landscape.
We aspire to create compelling economic returns while strengthening communities, building the new economy and advancing America's national security and energy independence. We are a values-based business with a focus on integrity, relationships, diligence, and excellence in what we do.
In the military, the command, “Double Time,” means to speed up the rate of march. Our firm was founded by veterans who believe this command should also apply to our country's important transition to clean energy. We first learned about the potential of solar energy from Marines in Afghanistan who tested solar as an alternative to costly diesel generators.
Energy markets are transforming. Many American utilities will retire or replace most of their conventional generation in the next two generations. The way we produce electricity is not sustainable, and businesses must drive the solutions to a cleaner and more efficient economy.
The cost of solar energy has fallen much faster than predicted. Now, private capital has an opportunity to work in smartly structured ways that create long-term value.
We invest in utility-scale clean energy projects in the United States. We have invested in over 200 MW of solar power capacity.
We invest in companies that bring new business models and technology to markets in the areas of clean energy, energy efficiency, and sustainable products and services.
Impact of Solar Farms in Which We've Invested
Managing Partner and Co-Founder
Dan is a Co-Founder and Managing Partner of Double Time Capital. He was formerly a consultant with McKinsey & Company, the global management consulting firm. Dan is a former United States Marine Corps officer. He founded This Land, a social enterprise focused on revitalizing American craftsmanship. He currently serves on the board of the North Carolina Sustainable Energy Association and on the Friends of Trinity Board, Trinity Episcopal School. Dan is a graduate of Duke University and Harvard Business School.
Managing Partner and Co-Founder
Rye is a Co-Founder and Managing Partner of Double Time Capital. He previously led a new energy investments team as a special advisor to the CEO of Duke Energy. Rye is a former United States Marine Corps officer. He also co-founded the non-governmental organization Carolina For Kibera. Rye’s current board affiliations include Carolina For Kibera, NDI, and the Environmental Defense Fund – Southeast. He is a graduate of the University of North Carolina at Chapel Hill, Harvard Kennedy School and Harvard Business School, and he received an honorary doctorate from Dartmouth College.
Chief Financial Officer
Julie is a former Director of Finance for Parish Capital Advisors (sold to the StepStone Group), a private equity fund of funds with over $2 billion of assets under management, where she oversaw back office administration, accounting, and reporting. Earlier in her career, she served as a senior tax manager for Ernst & Young LLP where she focused on real estate and venture capital. Julie is a CPA with over 20 years of experience. She is a graduate of Clemson University.
Lori previously was an executive assistant to the CEO of Carolina Handling, a material handling distributor, where she focused on operations, administration, special projects, and corporate matters, working closely with company executives and also overseeing human resources and marketing efforts. Lori is a graduate of Strayer University.
Mac is a Principal at Senior Management Advisory. He was formerly a Senior Vice President at Hannon Armstrong, the CFO at Sungevity, a venture-backed residential solar sales and leasing company, and the Managing Director of Structured Finance and Business Development at SunPower. Mac was a member of the 2016 cohort of the Stanford Distinguished Careers Institute. He is a graduate of the University of Texas at Austin and Stanford University.
OUR ADVISORY BOARD
Tom is the Founder and CEO of Cherokee Investment Partners, a private equity and venture capital firm with over $2 billion of cumulative assets under management and a leading investor in brownfield redevelopment. He was Chairman of Cherokee Sanford Group and a consultant at Bain & Company. Tom is a graduate of the University of North Carolina at Chapel Hill and Yale Law School.
Charles E. Merritt
Charles is the Executive Director of the Minor in Entrepreneurship and Professor of the Practice in the Department of Economics at the University of North Carolina at Chapel Hill. Charles founded Parish Capital Advisors (sold to the StepStone Group), a private equity fund of funds focused on small and niche managers with over $2 billion of assets under management. Charles is a graduate of the University of North Carolina at Chapel Hill and the Tuck School of Business.
Jim is the former Chairman and CEO of Duke Energy, the largest electric utility in the US which under his leadership invested more than $5 bn in renewable energy. Jim has 25 years’ experience as a public company CEO and 100 years’ experience as a director, including at Fifth Third Bank, the Nature Conservancy, and Applied Materials, a global leader in solar cell technology. Jim is a graduate of the University of Kentucky.