Toby Greenane
Toby founded nu-tility in 2014 and leads the business as Managing Director.
Commercial and industrial solar and battery EPC is the centre of Toby’s work and the foundation of the business. Over more than a decade, Toby has led the design, engineering, delivery, and ongoing management of behind the meter solar and storage systems for commercial, industrial, agricultural, healthcare, and property clients across Australia, from single sites through to multi site portfolio rollouts and embedded networks. Alongside the EPC delivery, Toby originates, structures, and manages the behind the meter Power Purchase Agreements that let clients take that generation as a service rather than as capital expenditure.
Recent engagements include the commercial and technical advisory for one of Australia’s largest agricultural players, a business owned by a Canadian pension fund, on a multi site 5MW grid connected solar and battery development, including modelling a potential hydrogen to ammonia pathway to produce a fertiliser alternative for sale to multiple customers. Toby also introduced several funds as capital providers on a solar and battery asset of approximately $400 million.
Before founding the business, Toby spent several years moving from investment banking into renewable energy, commercialising the first hybrid PV-T solar panel in Australia. That work built a detailed working knowledge of the commercial and domestic solar PV and hot water markets, and of the regulatory and testing frameworks that govern renewable energy in Australia.
Earlier, Toby traded futures on the Sydney Futures Exchange at HSBC, Fimat, and Merrill Lynch, principally in 90 day bank bills. That grounding in capital markets continues to shape how nu-tility structures and funds the assets it builds.