2026 - Solar Wind Finance Investment - Sponsors

David Haug has led multiple companies and projects in the renewables and power project development and finance industries for over three decades. Together with EnCap's Energy Transition Fund, he formed Bildmore in 2024 to make tax equity alternative investments in third-party IRA sponsors and projects, with a focus on those that do not qualify for traditional bank tax equity but seek a better result than a straight tax credit transfer, or that need equipment financing to qualify for IRA safe harbors. Bildmore takes advantage of David’s lengthy background (and EnCap's) in developing and managing start-up power development projects and portfolios with one or more edgy features from a financing perspective, such as merchant risk or non-IG offtake, complex capital stack, evolving market rules, newer sponsor teams, or shallow balance sheets. Prior to joining the EnCap family, David co-headed a private energy development, restructuring and advisory boutique he founded with one of the EnCap MPs, focused on wind and solar, LNG, and pipelines in North America. Earlier in his career, he developed several non-traditional IPPs and ran a large portfolio of non-utility energy infrastructure assets and divisions, principally power and gas/LNG, in the US, UK, and emerging markets in the Middle East and Latin America/Caribbean. David began his career as a lawyer in project and corporate finance, M&A, and private equity funds at Vinson & Elkins before transitioning to US, and then global, energy infrastructure.