People

Mr. Jacoby has over 25 years of experience in the financing, development and asset management of independent power generation facilities, and is a co-founder of Paragon.

At Paragon, Mr. Jacoby principally advises project sponsors and investors on solar and wind tax equity and M&A transactions, and he previously served in this same capacity as co-founder of CCA Group’s renewable energy advisory practice.

Prior to Paragon and CCA, he held various positions with Enron Corp. from May 1998 to February 2003. As a Vice President of Enron North America, Mr. Jacoby was responsible for certain gas-fired power project development and wholesale origination activities, including development activities related to over 2,000 MWs of gas-fired peaker projects constructed in the Southeast and Midwest.

From 1990 through 1998, he held various positions with KENETECH Corporation, an independent power producer with a significant presence in the wind power sector. As Vice President of KENETECH Corporation, Mr. Jacoby was responsible for wind project finance activities including project debt and equity syndications. During his career in the energy industry, Mr. Jacoby has originated, negotiated and closed a wide variety of transactions having an electric generation capacity in excess of 8,000 MW and a value in excess of $8 billion in the aggregate, including wind power, solar, geothermal, biomass, gas-fired and other electric generation technologies.

Mr. Jacoby earned his Master of Business Administration from the University of Southern California in 1990, and his Bachelor of Arts from the University of California at Santa Cruz in 1987.

Mr. Jacoby holds Series 7, 24, 63 and 79 securities licenses, and previously served on the boards of Noble Environmental Power and Saguaro Power Company.

Mr. Carnicelli has over 15 years of experience in financial analysis and modeling, renewable energy consulting, and software development.  He has extensive experience working with lease and partnership tax equity structures.

Prior to joining Paragon, Mr. Carnicelli worked at Advantage for Analysts, where he provided advisory and modeling services for clients across the renewable energy spectrum. He also managed software development at Advantage.

Prior to Advantage, Mr. Carnicelli worked at Babcock & Brown, where he co-developed the Advantage for Analysts software platform and supported analysts in pricing leases, project financings, asset portfolios, CDOs, and partnerships.

Before Babcock & Brown, Mr. Carnicelli worked as a senior financial analyst at Bank of America, where he developed databases and reporting systems for the Corporate Treasury's investment portfolio.

Mr. Carnicelli earned his Bachelor of Arts from the University of California at Santa Cruz in 1995.

Mr. Carnicelli holds Series 7 and 63 securities licenses.

Mr. Fisher has over 10 years of experience in solar development, project financing, and technology development. During this time he has been involved in over $5 billion in debt, tax equity, and sponsor equity transactions resulting in more than 1.7GW of projects currently in operation.

Prior to joining Paragon, Mr. Fisher was a senior manager in Recurrent Energy’s Project Finance team. He has raised capital for renewable energy projects across the capital stack including bank debt, institutional debt, bridge loans, tax equity, strategic partnerships, and sponsor equity interest dispositions at various stages of the development/construction cycle.

Prior to Recurrent, Mr. Fisher was a co-owner of an aerospace research and development company with work culminating in five patents related to the rocket propulsion technology field.

Mr. Fisher has a bachelor’s in mechanical engineering from the University of Colorado at Boulder, an MBA from the University of California at Davis, and is an active CFA charterholder.

Mr. Fisher holds Series 7 and 63 securities licenses.

Mr. Fishman has over 13 years of experience in renewable energy project finance, with a particular focus on pricing, modeling, and tax. Over this time, he provided crucial support on transactions representing more than 5 GW of renewable energy capacity and $4B of tax equity deployed.

Prior to joining Paragon, Mr. Fishman worked at Flagstar Financial & Leasing, where he was tasked with building out a nascent renewable energy tax equity finance business. His responsibilities included originations, transaction management, pricing, underwriting, and portfolio management.

Prior to Flagstar, Mr. Fishman was a member of the Renewable Energy Finance team at Bank of America. During his time at REF, he spearheaded the modernization of the group’s portfolio management systems, and worked across from some of the largest developer sponsors in the market on utility-scale solar, storage, and wind projects.

Before BofA, Mr. Fishman was part of the small advisory team at CDA Capital Partners, where he provided pricing and modeling support to tax equity investor and sponsor clients.

Mr. Fishman has a Bachelor of Business Administration from the University of Massachusetts at Amherst, and an MBA from IESE Business School in Barcelona.

Mr. Goffman has over six years of experience in project finance modeling, renewable project development, and energy market research. He has worked in over a dozen energy markets across the Americas, on a plethora of deal structures including leverage, tax equity, and mergers and acquisitions, using an array of different generation technology.

Prior to joining Paragon, Mr. Goffman worked at Forefront Power, where he developed a wide variety of models from early stage valuations to final tax equity deals and combined portfolios for later stage monetization. He also led project finance for the Mexico team.

Prior to Forefront, Mr. Goffman worked at Inkia Energy, where he conducted analysis for early stage project development in the Americas, helping initiate and conclude construction on multiple wind farms. Mr. Goffman has also worked as an Investment Manager at Origis Energy, where he created the financial model for multiple markets, including a winning bid in Brazil’s 2015 solar auction.

Mr. Goffman, who is an active CFA charterholder, earned a Master’s degree in Environmental Management with a focus on Energy Finance from Duke University in 2015 and a Bachelor of Science degree from Yale University in 2010.

Mr. Goffman holds SIE, Series 7 and 63 securities licenses.

Mr. Straus has over 6 years of combined experience in project financing, renewable project development, and valuation consulting. During this time, he has been involved in over $1 billion in tax equity and sponsor equity transactions resulting in more than 1.5GW of projects currently in operation.

Prior to joining Paragon, Mr. Straus was a manager in EDF Renewables’ Project Finance team. He has raised capital for late-stage development projects using a variety of structures, including traditional tax equity, tax credit transfers, and strategic partnerships.

Prior to EDF Renewables, Mr. Straus worked at Marshall & Stevens, where he conducted fair market value opinions on tax equity partnerships across various technologies.

Mr. Straus earned a Bachelor’s of Business Administration in Finance from Loyola University Chicago in 2018.