German energy advisory firm innogy consulting launches in US market

24 May 2018 Authored by Consulting.us

A leading energy-focused management consulting firm with roots in Germany is expanding its US presence. Innogy consulting has appointed one of the industry’s leading advisors as the Founding Partner of its US subsidiary – as the firm takes aim at the largest and most lucrative energy market on the planet.

Dr. Glenn George, who has three decades of experience working as a consultant in the global energy sector, has been chosen to help deliver innogy consulting’s ambitious strategy to conquer the lucrative US market. The firm was a central player in Europe’s energy revolution and will count on its substantial experience with renewables, grids, and other infrastructure as it bids to attract US clientele.

The appointment marks a major milestone for the firm, which only entered the US market in late 2017. With ambitions to become the world’s leading energy management consultancy, innogy has already expanded its footprint to the Middle East. Each of its 200 consultants can count on the collective knowledge of 40,000 energy experts at the wider innogy group. The firm is an in-house consultancy also responsible for the innogy group’s M&A strategy.

Projects taken on by innogy consulting range from future-proofing utility companies against a changing energy landscape, to restructuring, process optimization, and change management services. This makes the firm a perfect match for George, who was a former Partner at KMPG’s Advisory Practice and Managing Director at NERA Economic Consulting – part of the Oliver Wyman Group.

German in house consultancy innogy consulting expands into US

“I'm delighted to join innogy consulting as the first Founding Partner in the United States,” said George. “It’s the culmination of three decades of work in the global energy sector, some two-thirds of which I've spent as a consultant to the industry, across the entire value chain.”

“My professional focus in recent years has been on helping utility companies transform themselves into greener, more customer-focused, and technology-enabled organizations – providing the strategic, transactional, regulatory, dispute-related, and operational support they need along the way. Innogy consulting is the ideal platform for delivering this kind of work.”

Oliver Riedel, Managing Director of innogy consulting US, said: “innogy consulting has helped catalyze, shape, and deliver the ongoing energy transformation across Europe and the Middle East. Glenn’s arrival will help cement the same kind of capabilities in the North American market.”

“The US energy market is the largest and most dynamic in the world. Strengthening our presence in North America is central to innogy consulting’s strategy for future growth. Glenn’s joining the firm is an important milestone in strengthening our presence in the US.”

George will work out of innogy’s Boston office, providing essential support to clients in New York, Philadelphia, Washington DC and elsewhere when needed. He will work closely with teams scattered around Europe and the Middle East as the firm looks to stay abreast of the latest developments not only in the energy sector, but in the digitization and growing deep tech space.

Related: innogy Consulting: in-house consultancy firm supporting the energy transition.

News