Michael Polsky | $1B+

Billionaire
Written By UHNWI data

Get in touch with Michael Polsky | Michael Polsky, founder and CEO of Invenergy, is one of the most influential builders of the modern renewable-energy landscape in North America. After immigrating to the United States from Ukraine, he launched multiple successful energy ventures before founding Invenergy in 2001 and growing it into a global leader in wind, solar, and advanced energy-storage development. With billions invested in clean-power infrastructure and a portfolio of projects across more than a dozen countries, Polsky has become a pioneering force behind the energy transition—pairing engineering rigor with long-term capital and policy leadership to accelerate the shift toward sustainable power systems.

Get in touch with Michael Polsky
Emigrated to America from Soviet Ukraine with his wife in 1976 with $500. Invenergy is seeking to build 1,000 wind turbines in western Kansas and an 800 mile power line to carry their power east. For $7 billion. Sold natural gas generator SkyGen to Calpine for $450 million in 2001. Invenergy now owns more than 10,000 megawatts, including nearly 7,000 wind turbines. In 2006 an Illinois divorce court ordered him to pay wife Maya $180 million. Michael P. Polsky, president and CEO of Invenergy, earned his MSME from Kiev University Polytechnic Institute in 1973 and his MBA from Chicago Booth in 1987. As an Evening MBA student, Polsky cofounded Indeck Energy Services, a company that built power plants on the East Coast. As a one-man, one-office business, Polsky himself secured all the power purchase and steam sales agreements upon which Indeck built its success. Within five years, Polsky had built the business into a nationally recognized company with over 100 employees and four plants in operation. Under his leadership, Indeck rose to the top of the independent power producers, earning the rating of one of the 100 fastest-growing companies in the United States by Inc. magazine. In 1990, he founded Polsky Energy (later renamed SkyGen Energy); developed major power plants in Nova Scotia, Wisconsin, and Maine; and quickly became one of the country's most successful power plant developers. After selling SkyGen to Calpin in 2000, Polsky founded Invenergy, a developer and acquirer of power generation, transmission facilities, and industrial energy assets in North America.

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