July 2021 - Quarterly Market Letter
On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of...
J. Stuart Ryan joined 5 as an advisor and investor in May of 2016. Mr. Ryan has a long and distinguished career in the global energy industry, including time at The AES Corporation where he served as President of AES Pacific, Chairman of Indianapolis Power & Light as well as Chief Operating Officer of AES. While at AES, Mr. Ryan pioneered the company’s move into the retail electricity market with the purchase of New Energy Ventures (today’s Constellation Energy), quickly turning NewEnergy into the largest deregulated electricity retailer in North America. Mr. Ryan also previously served as Chairman of Calpine Corporation, one of the nation’s leading owners and operators of independent power generation facilities. He is the founding owner and President of Rydout, LLC, a private firm focused on energy and power investments.
Stu graduated from Lehigh with a BS in Chemical Engineering and Harvard with an MBA.