Serious About Solar

With decades of experience, we transform complex ideas into reliable, utility-scale solar projects.

2.6 GWdc

Development Pipeline

417 MWdc

Operating Portfolio

44

Operating Projects

Serious About Solar

With decades of experience, we transform complex ideas into reliable, utility-scale solar projects.

2.6 GWdc

Development Pipeline

417 MWdc

Operating Portfolio

44

Operating Projects

Our Approach

Headwater brings a disciplined approach to financing, building, and operating renewable energy projects, applying insight and expertise to create value at every stage.

  • Structuring complex transactions
  • Reviving distressed or underperforming assets
  • Driving project recovery and restructuring

Proven Strength, Practical Value

We partner with developers, investors, and utilities to add value at any stage of the project lifecycle.

Whether partnering or leading, we leverage expertise and relationships to deliver projects across the finish line.

Experience

Headwater is led by industry veterans with proven records of success across the renewable energy industry.

Versatility

From structuring complex transactions to reviving underperforming assets,
we create value at every stage of development.

Oversight

Our in-house Asset Management team provides hands-on stewardship to maximize performance and protect long-term value.

Get in Touch

Have a question or want to connect?

We’d be glad to hear from you.

Mike Cohen

Chief Executive Officer

A seasoned renewable energy entrepreneur, Mike co-founded Aspen Creek Power with the mission of accelerating the renewable energy transition. After merging Aspen Creek Power with Oakhurst Energy, Mike stepped into the day-to-day role of CEO at Headwater in 2024.
Previously, Mike co-founded and served as President of Cypress Creek Renewables, one of the nation’s largest renewable power companies.
Prior to entering the renewable space, Mike was an energy transaction attorney at Kirkland & Ellis in Washington, DC. He holds a J.D. from Georgetown Law.

Matt McGovern

President

Matt is a serial renewable energy entrepreneur with over a decade of experience developing and financing solar projects across the U.S. He co-founded Aspen Creek Power and has served as President through Headwater’s formation and growth to date.
Previously, Matt co-founded Cypress Creek Renewables, where he served as CEO and on the Board, helping lead the company’s growth into one of the country’s largest privately held utility-scale solar developers.
He is also a co-founder of Silver Creek Energy and Birch Creek Development.

Anthony Garcia

Project Finance Associate

As a Finance Associate, Anthony supports Headwater’s Project Finance efforts across debt and tax equity capital raises, financial modeling, and project valuation. He helps assess project feasibility and optimize financing strategies. Prior to joining Headwater, Anthony spent five years at Pine Gate Renewables, gaining experience in utility-scale solar development and financing. He brings a cross-functional perspective to advancing projects from early-stage development through closing. Anthony holds a degree in Energy Business and Finance from Penn State.

Gabe Esler

Operations Associate

As an Operations Associate, Gabriel supports functions across Headwater’s operating portfolio, including asset management, business intelligence, and reporting. Prior to joining Headwater, Gabriel directed Product at FUZE Technology, a mobile-charging and ad-tech start-up. At FUZE, he led teams that developed hardware and software products, and business infrastructure. Gabriel holds a Bachelor of Science in Business Administration from the University of Southern California, where he also minored in Product Design.

Siian Xie

Senior Accountant

As a Senior Accountant, Siian supports Headwater’s accounting, financial reporting, cash management, and development capital functions. Prior to joining the Headwater team, Siian held finance and accounting roles in private equity, venture capital, and fund administration, supporting lean teams in fast-paced environments. She began her career in public accounting, working with clients in real estate and investment management. Siian holds a Master of Accountancy from Golden Gate University and a B.S. in Business Administration from Boston University.

Jack Major

Project Finance

As a Finance Analyst, Jack supports Headwater’s Project Finance team in deal structuring, due diligence, and financial modeling. Previously a Financial Operations Analyst, Jack developed expertise in financial analysis, risk assessment, and cross-functional collaboration. He works closely with Headwater’s development, legal, and operations teams to streamline transactions and secure funding. Additionally, he coordinates with lenders and investors to ensure comprehensive evaluation, assess project viability, and refine financing strategies. Jack holds a B.A. in Business Administration from the University of Southern California.

David Vines

Associate Project Manager

As a Project Manager and GIS specialist, David supports Headwater’s development efforts with focus on project origination and management. Prior to joining Headwater via Oakhurst Energy, David began his career working in the nonprofit sector focusing on western public lands conservation projects through his background in geospatial analysis, data management and cartography. At Headwater, David uses these skills to help push forward the renewable energy transition. David received his B.A. in Anthropology from North Carolina State University and his M.A. in Geography and GIS from Appalachian State University.

Mark Scaer

Associate Project Manager

As a Project Manager, Mark supports Headwater’s development efforts by overseeing a diverse portfolio of projects through the various stages of the development lifecycle, ensuring successful execution from inception to completion. A key component of Mark’s work is providing Headwater’s financial teams and external stakeholders with accurate, project-specific detail and insight, supporting informed decision-making and driving successful project development. Mark joined Headwater via Oakhurst Energy, and received his B.A. from Indiana University of Pennsylvania in Economics.

Latham Grimes

Special Projects Advisor

With a legal and real estate development background and over a decade in utility-scale solar, Latham serves on Headwater’s Board and as an advisor focused on development strategy, innovative offtake and interconnection projects, emerging technologies, and scalable niche opportunities.
He previously co-founded Oakhurst Energy, serving as CEO and helping to build a 2 GW development pipeline. Before that, Latham was General Counsel at Strata Solar, where he played a key role in the development and financing of over 500 MW of projects totaling nearly $1 billion.
As an active investor across the solar ecosystem, Latham is also engaged with O&M, sheep grazing, C&I rooftop, energy storage software, and community solar projects.

Cooper Norris

Senior Real Estate Counsel

As Senior Real Estate Counsel, Cooper supports all stages of project development, overseeing site-specific real estate, land use, and regulatory compliance matters. He also assists Headwater’s Project Finance team with real estate diligence for transactions.
Prior to joining Headwater via Oakhurst Energy, Cooper was a staff attorney at Legal Aid of North Carolina, where he advised low-income residents on property and regulatory issues.
Cooper holds a B.S. in Economics from Florida State University, with a focus on sustainable development, and a J.D. from the University of North Carolina at Chapel Hill. Cooper is admitted to practice in North Carolina and South Carolina.

Alexis Arellano

Senior Corporate Counsel

As Senior Corporate Counsel, Alexis supports Headwater’s project acquisitions, financing matters, offtake arrangements, and real estate transactions.
She began her renewable energy career at Standard Solar, Inc., a Brookfield Renewable company, where she managed over 150 MW project acquisitions. Prior to working in renewables, Alexis held roles counseling venture capital investors and early-stage companies from inception to exit.
Alexis received her A.B. in Religion from Princeton University and her J.D. from the Sandra Day O’Connor College of Law at Arizona State, with a Certificate in Law, Science, and Technology.

Bill Tuxworth

Director of Finance

As Director of Accounting & Finance, Bill leads Headwater’s accounting, financial reporting, cash management, and development capital functions.
Prior to Headwater, Bill served as a controller at CloudKitchens where he led finance & accounting functions for the Americas, and globally during early international expansion. Bill’s experience also spans across corporate finance & international taxation.
Born in Sydney, Australia, Bill holds a degree in Applied Finance & Accounting, and is a member of the Institute of Chartered Accountants ANZ.

Brian Romero

Director of Development

As Director of Development, Brian leads greenfield development efforts in the Southeast and manages due diligence for Headwater’s M&A strategy across multiple markets.
He oversees day-to-day development activities, including site origination, permitting, interconnection, stakeholder engagement, compliance, and project financing.
Previously, Brian was Director of Development at Vitis Energy (formerly NTE Energy), where he led renewable and thermal project development across a 1 GW portfolio, with experience in ISO-NE, ERCOT, SERC, and WECC markets.
He holds a B.S. in Business Administration from the University of Central Florida, with a concentration in Finance and Mathematics.

Cullen Morris

VP of Development

As VP of Development, Cullen draws on over a decade of experience building utility-scale solar projects.
 He led development at Oakhurst Energy, co-founded Cooperative Solar, and was VP of Development at Strata Solar. At Strata, Cullen built and managed a 150-project pipeline, with over 100 projects constructed in North Carolina.
Cullen has served on the board of the North Carolina Sustainable Energy Association and has taught graduate courses on renewable development at Duke University and North Carolina State.
He holds a B.S. in Computer Science from Virginia Tech and a Master of Energy Management from Duke University.

Jennifer Wang

VP of Project Finance

As VP of Project Finance, Jennifer leads deal evaluation efforts and supports investment decisions.
Previously, Jennifer was VP of Structured Finance and Investment Analytics at Pacifico Energy, where she led capital raising for Behind-the-Meter solar and battery storage projects, closing over $150 million in financing.
Earlier in her career, Jennifer held roles at Wings Capital Partners, contributing to the issuance of over $600 million in asset-backed securities, and at Edison International (NYSE: EIX), where she advised on M&A and corporate strategy.
She is a CFA charterholder and holds an inactive CPA license.

Daniel Raisin

Chief Legal Officer

As Chief Legal Officer, Daniel oversees all legal related matters and leads Headwater’s M&A activity.
Before joining Headwater, Daniel was previously a founding member of the legal team at CloudKitchens, a Los Angeles based real estate start-up. At CloudKitchens, Daniel led the government relations team and served as a director on the real estate acquisitions and development team.
Earlier in his career, Daniel spent six years at a large international law firm, specializing in venture capital, M&A and real estate.

Jay Nemeth

Chief Development Officer

Prior to co-founding Oakhurst Energy, Jay spent over 20 years in the electric utility industry, and brings a wealth of experience to his role as Chief Development Officer.
His experience spans leadership roles in long-term resource planning and portfolio management, as well as roles in trading, forecasting, and risk management at major utility providers in the Carolinas.
An engineer by training, Jay holds a degree in Electrical Engineering from Georgia Tech which continues to serve his focus on building solutions that balance risk, performance, and stakeholder needs.

Jay Nemeth

Chief Development Officer

With a legal and real estate development background and over a decade in utility-scale solar, Latham serves on Headwater’s Board and as an advisor focused on development strategy, innovative offtake and interconnection projects, emerging technologies, and scalable niche opportunities.
He previously co-founded Oakhurst Energy, serving as CEO and helping to build a 2 GW development pipeline. Before that, Latham was General Counsel at Strata Solar, where he played a key role in the development and financing of over 500 MW of projects totaling nearly $1 billion.
As an active investor across the solar ecosystem, Latham is also engaged with O&M, sheep grazing, C&I rooftop, energy storage software, and community solar projects.