Ed Rendell
Operating Partner @ Element Partners
Ed Rendell is a longtime proponent of clean energy and "green economic growth", Rendell recently left Harrisburg after two successful terms as Governor of Pennsylvania and as a nationally recognized leader on the national stage as Chairman of the National Governors Association and the Democratic National Committee. Under his leadership,Pennsylvania rose to be ranked third in the nation for green job creation and one of the top five states generating solar power.As Governor of Pennsylvania from 2003-2011, Rendell served two terms as chief executive of the nation’s 6th-most-populous state and oversaw a $28.3 billion budget.Committed to make government more responsible to the public and more responsive to the public’s needs, Governor Rendell cut wasteful spending and improved efficiency to save more than $1 billion, and pursued a legislative agenda that included commonsense political reforms to put progress ahead of partisanship.His unprecedented strategic investments energized Pennsylvania’s economy, revitalized communities, improved education, protected the environment and expanded access to health care to all children and affordable prescription drugs for older adults.Under Governor Rendell’s leadership, Pennsylvania’s economy rebounded sharply. When he became Governor, the commonwealth faced a projected budget deficit of $2.4 billion. As one of his first acts, Governor Rendell cut government spending to close that deficit and implemented programs and policies to apply business principles of productivity and cost-savings to the operation of state government.As Mayor of Philadelphia from 1992-1999, he led what The New York Times called “the most stunning turnaround in recent urban history.” The subject of the book Prayer for the City by Pulitzer-Prize winning journalist Buzz Bissinger, Rendell was called “one of America’s best, most interesting mayors.
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About Element Partners
Element Partners invests exclusively in established high growth companies in the energy and clean technology markets. They specifically focus on companies with innovative solutions to global energy, resource, and environmental problems. Element strives to become a long-term partner with passionate business leaders who have built pioneeringcompanies. They have a long history of providing their companies with the financial resources, industry contacts, and strategic insights necessary to maximize growth and shareholder return.Since 1995, Element’s team has successfully managed over $1.2 billion in capital commitments spanning six investment partnerships. All of these partnerships have been focused on investing in and profitably growing energy, industrial, and environmental related businesses. Over the course of more than fourteen years, the principals of Element have collectively invested in over 100 clean technology companies making Element one of the earliest and most experienced alternative energy and clean technology investors.
Element Partners Contacts
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Sam Gabbita
Principal
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Anup Jacob
Managing Director
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David Lincoln
Founder and Managing Partner
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Ed Rendell
Operating Partner
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Harry Shimp
Operating Partner
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