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 |
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Globeleq Ltd.
Globeleq Ltd. Electric UtilitiesUtilities Globeleq Ltd. provides energy generation service. It offers services to communities, organizations and the governments sectors. The company was founded by Robert Hart in 2002 and is headquartered in Hamilton, Bermuda. | President | 30/09/2015 |
Actis LLP
Actis LLP Investment ManagersFinance Actis LLP (Actis) is a private equity firm founded in 1948 by Sreenivasulu Vudayagiri and Pavel Alexandrovich Cherkashin. The firm is headquartered in London, United Kingdom. | Private Equity Investor | - |
US Department of the Navy (District of Columbia) | Corporate Officer/Principal | - |
ENTERGY MISSISSIPPI, INC | Corporate Officer/Principal | - |
TENNESSEE VALLEY AUTHORITY | Corporate Officer/Principal | - |
Experiences
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1st degree connections
1st degree companies
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Female
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Linked companies
Private companies | 7 |
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El Paso Energy Corp. | Industrial Services |
Coastal Power Co.
Coastal Power Co. Gas DistributorsUtilities Part of Kinder Morgan, Inc., Coastal Power Co. is a company that gathers, markets, processes, stores, and transmits gas, petroleum, and chemicals. The company is based in Houston, TX. | Utilities |
Tennessee Valley Authority
Tennessee Valley Authority General GovernmentGovernment Tennessee Valley Authority provides electricity for utility and business customers in the United States. The firm sells power to distributor who then resells power to their customers at retail rates. Its distributor customers consist of municipalities and other local government entities, and customer-owned entities. It also sells power to directly served customers, consisting primarily of federal agencies and customers with large or unusual loads. The firm operates hydroelectric dams, coal-fired power plants, nuclear plants and natural gas-fired power facilities, which generate electricity. The company was founded on May 18, 1933 and is headquartered in Knoxville, TN. | Government |
Mississippi Power & Light Co.
Mississippi Power & Light Co. Electronic Equipment/InstrumentsElectronic Technology Mississippi Power & Light Co. engages in the supply of electric service. It supplies its customers through one point of delivery and served from one power source. The company is headquartered in Jackson, MS. | Electronic Technology |
US Department of the Navy (District of Columbia) | Government |
Actis LLP
Actis LLP Investment ManagersFinance Actis LLP (Actis) is a private equity firm founded in 1948 by Sreenivasulu Vudayagiri and Pavel Alexandrovich Cherkashin. The firm is headquartered in London, United Kingdom. | Finance |
Globeleq Ltd.
Globeleq Ltd. Electric UtilitiesUtilities Globeleq Ltd. provides energy generation service. It offers services to communities, organizations and the governments sectors. The company was founded by Robert Hart in 2002 and is headquartered in Hamilton, Bermuda. | Utilities |
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