Renova is a Denver-based private equity firm with an established track record of investing in, financing and operating renewable energy assets. Since inception in 2007, we have successfully developed and capitalized over $600 million of renewable energy infrastructure. Renova’s success is centered on its unique combination of boots-on-the-ground development experience, operational capability and extensive capital formation success. Over the course of our careers, Renova executives have been personally responsible for closing a combined $35 billion of real asset transactions. Renova creates platforms and makes infrastructure related investments across three main sectors – Power, Transportation, and the Built Environment.


Rick Tallman


Rick is a veteran entrepreneur, philanthropist and the founder of Renova Capital. Rick was also the Founder and Chairman of Main Street Power Company - Main Street helped to pioneer the distributed solar industry by developing and financing of over $400MM of solar assets under Mr. Tallman’s leadership. This included the creation, ownership and operation of the first commercial solar leasing funds in the U.S. Main Street, its platform and portfolio was sold to AES in 2015 and is now branded AES Distributed Energy. Prior to Renova, Rick establish ed his reputation as a successful entrepreneur by founding and leading a variety of early-stage companies through initial public offering or acquisition. Among these, Water Quality Management Corporation was a pioneer of municipal water utility privatization, and was sold to DQE in 1998 yielding a 19x return to investors. Mr. Tallman served as a Company Commander in the US Army during the Persian Gulf War, serves on a variety of corporate and non-profit boards and frequently lectures on the subjects of social entrepreneurship and sustainability. He holds Bachelors and Masters Degrees in Geologic and Hydrologic Engineering from the Colorado School of Mines.

Robert Doherty


Prior to joining Renova in 2010, Bob achieved substantial success as an investment banker, personally closing on over $20 billion of infrastructure, renewable energy and municipal financings throughout his 23-year career. In a national leadership position, Bob held the post of Managing Director and Deputy Head of Municipal and Infrastructure Finance at JP Morgan (NYSE: JPM). At JP Morgan he managed a team of 150 Investment bankers on a national level, and directed all of the investment banking services that JP Morgan provided to its state and local government, water, energy, transport, housing, healthcare, and higher education clients. He also served as the co-head of UBS/Paine's Webber National Infrastructure Group. He was a Managing Director in Merrill Lynch's alternative investment, private equity and municipal finance groups. From 2013-2018, Bob served as Chief Financial Officer for Ensyn Corporation, one of Renova’s joint venture partners. Bob holds a Bachelors Degree from Georgetown University's School of Foreign Service and an MBA from University of Chicago.

Phillip Caplan


Prior to joining Renova in 2010, Phil was a Senior Vice President in the Investment Banking Group at Friedman Billings Ramsey and Co. (NASDAQ: FBRC), where he was directly responsible for capitalizing over $13 billion of capital market transactions. He also served as the Managing Director and COO of Capital Crossover Partners, a private equity fund initially affiliated with FBR, where he coordinated the fund’s initial capital raise and closing, served as the principal investor relations contact for limited partners in the fund, and oversaw all back office activities. Phil was also a founder of the Urban West Group, a Denver-based real estate development firm specializing in large, multi-use projects. Earlier, Phil had a 17- year career in politics and government, capped by serving as Assistant to the President and Staff Secretary to Bill Clinton, where he reported directly to and had daily interaction with the President. In this position, Phil managed information flow to and from the Oval Office and within the West Wing, and was responsible for final presentation and analysis of all decision memoranda for the President. Phil is a Commissioner of the Denver Urban Renewal Authority, a mayoral appointment, and the immediate past Chairman, having served in that position for three years. He holds a B.A. from Emory University and a J.D. from Georgetown University School of Law.

John Rice


John has a fifteen-year track record in the renewables and environmental industries, with a strong focus on energy and water. Prior to joining Renova in 2010, he worked with several firms in relevant sectors including, enXco, a wind and solar developer, where he evaluated water usage of power systems and developed a water strategy for the firm’s concentrated solar power projects. He also worked on corporate sustainability strategy for Waste Management, Inc. and MWH Global, a large environmental and wet infrastructure engineering firm. In 2008, Mr. Rice co-founded a company (now acquired) that held a patented approach for the treatment of high strength wastewater and the natural production of a polysaccharide used in supplements to support immune systems of animals within the agricultural industry - reducing the use of antibiotics. John spent three years as a consultant with an economic and environmental firm where he provided analytical and research capabilities to several practice areas, including water resource economics and management, natural resource damage assessment, climate change, and energy policy. John holds a B.A. in Economics and Environmental Studies from Middlebury College, an MBA from the University of Michigan’s Ross School of Business, and M.S. in Sustainable Systems from the University of Michigan’s School of Natural Resources and Environment.

Eric Hinckley

Chief Technology Officer

Eric joined Renova Capital in 2018 with a background in executive leadership and high technology.   Eric has a 15 year tenure in the energy industry having started and worked for several public and private companies as President, COO and CTO.  Prior to jumping into energy he worked at the National Institute of Standards and Technology working on Nano Probe Imaging Microscope technology in Boulder, Colorado.  Additionally, he formed a successful multifamily real estate development company which he sold in 2003.  After cutting his teeth overseeing a residential solar company in 2008 he was asked by Rick Tallman in 2010 to join Main Street Power Company, a Renova platform company, as their Chief Technology Officer overseeing the deployment of over 100MW+ and $400mm of solar projects on thousands of sites throughout the United States, Canada and Africa.  Additionally,  working with partners such as Tesla, Panasonic, Samsung, BYD, SAFT, and LG Chem, he has deployed Li-Ion based storage systems throughout the US, both in concert with PV and as stand-alone systems.  Eric holds a Bachelor’s Degree in Electrical Engineering from the University of Colorado at Boulder and is a certified NABCEP Solar PV Professional™


Renova Capital Partners, LLC
1614 15th Street, 2nd Floor
Denver, Colorado 80202