Together, RED's principals have well over a century of experience developing decentralized energy recycling projects, and have helped to launch some of the most innovative projects in the field. They include:

• Thomas R. Casten, Chairman
• Sean Casten, President and CEO
• Myra Karegianes, Senior Vice President and General Counsel
• Scott Kerrigan, Vice President, Controller
• Dick Munson, Senior Vice President, Strategic Planning and Public Affairs
• Thomas P. O’Brien, Senior Vice President, Business Development
• Aaron Walters, Chief Financial Officer

Thomas R. Casten, Chairman

Thomas R. Casten has spent 30 years developing decentralized energy recycling projects. He was founding president and CEO of Trigen Energy Corporation, a New York Stock Exchange corporation and its predecessors from 1977 through 2000; and he served until 2006 as founding chair & CEO of Primary Energy Ventures LLC, an Oak Brook, Illinois-based firm with a Toronto Stock Exchange traded subsidiary, Primary Energy Recycling Corp.

Tom also has served as the president of the International District Energy Association, received the Normal R. Taylor Award for distinguished achievement and contributions to the industry, and been named a “CHP Champion” by the U.S. Combined Heat and Power Association. He is the co-founder and former chairman of the World Alliance for Distributed Energy (WADE), an umbrella organization of national CHP and distributed energy associations, equipment vendors, government agencies, and foundations that promote distributed generation to optimize the world's power system. In 2006, the WADE board inducted Tom as the first member of the WADE Hall of Fame.

Tom, moreover, serves on the Board of Directors/Advisory Boards of the Carnegie Mellon Electric Industry Center, Oregon Climate Trust, Climate Institute, and the Center for Inquiry. He is a nationally recognized expert on energy and environment issues, and his articles have been widely published. Tom has presented energy recycling at the International Association of Energy Economics, Aspen Energy Policy Forum, Bordeaux Energy Colloquium, World Technology Network, and Clinton Global Initiative. He has testified on several occasions before the energy committees of the U.S. Senate and House of Representatives, and he has advised Indian, Chinese, and Brazilian government officials on power industry governance.

Tom’s book, Turning off the Heat, published by Prometheus Press in 1998, explains how the world can save money and pollution. He recently co-authored a chapter in Energy Myth and American Society, Thirteen Myths (Sovacool & Brown), challenging the assumption that the U.S. electric system is optimal.

See list of selected publications.

Sean Casten, President and CEO

Sean Casten has worked in the on-site power industry for ten years. From 2000 to 2006, he served as president and CEO of Turbosteam Corporation, a developer of “heat first” cogeneration projects headquartered in Turners Falls, Massachusetts. Turbosteam’s expertise is the identification, development, manufacture, installation, and commissioning of recycled energy projects that covert waste steam into electrical power at industrial and institutional facilities.

Prior to joining Turbosteam, Sean was a manager in the Energy Practice at Arthur D. Little, where he specialized in technology and strategic issues surrounding emerging fuels and power generation technologies. His clients included multiple branches of the U.S. and Dutch governments, international oil & gas firms, and equipment manufacturers.

In 2005, the U.S. Combined Heat and Power Association (USCHPA) identified Sean as a “CHP Champion” in recognition of his leadership toward greater national use of clean, efficient, and reliable combined heat and power. He is the 2007 chairman of USCHPA and the founding (2005) chairman of the Northeast Combined Heat and Power Initiative, both organizations dedicated to advocacy before state and federal energy regulatory agencies and legislatures.

Sean holds a B.A. from Middlebury College, a M.S. in Biochemical Engineering from Dartmouth College and a Master’s in Engineering Management from Dartmouth College.

See list of selected publications.

Myra Karegianes, Senior Vice President and General Counsel

Myra Karegianes was the founding and managing partner of Karegianes & Field, LLC, a boutique law firm representing primarily energy clients, including Fortune 500 companies as well as privately owned mid-size entrepreneurial companies in complex regulatory proceedings before the Illinois Commerce Commission (ICC), including the ComEd and Ameren procurement dockets and the Ameren and Illinois Power merger. Myra also represented corporate clients in a variety of commercial and corporate matters as well as advised investment companies on Illinois energy issues.

Prior to founding Karegianes & Field, Myra was the general counsel to the ICC for almost ten years where she oversaw and handled numerous complex legal matters, including implementation of the Customer Choice and Rate Relief Law of 1997; promulgation of rules; rate cases; tariff compliance; investigations; audits; contracts; Federal Energy Regulatory Commission ("FERC") matters; Federal Communication Commission ("FCC") matters; and defense of ICC orders in State and Federal courts, including the United States Supreme Court. She also addressed issues pertaining to matters of ethics involving conflicts of interest; acted as liaison to various Federal, State and local government agencies, including the FERC, FCC, United States Department of Justice, the Illinois Attorney General's Office, the Governor's Office and the Illinois Department of Revenue.

Myra holds a B.A. in English from the University of Illinois at Chicago; a Master of Education from the University of Illinois at Chicago; and a Juris Doctor from DePaul University College of Law. She is admitted to practice law in the Illinois Bar, Federal Bar, and the United States Supreme Court. Myra is a member of the Chicago Bar Association (CBA) and the Energy Bar Association (EBA), and serves on EBA’s Climate Change and Emissions Committee.

Scott Kerrigan, Vice President, Controller

Scott Kerrigan is responsible for RED’s accounting, finance, project due diligence, compliance and general operations. He brings to RED over ten years prior experience in management and operational roles with entrepreneurial organizations and another ten years experience in corporate finance and commercial lending.

From 2000 to 2006, Scott was director of U.S. operations for Composite Materials Technologies Plc, an international provider of brand protection and identity technologies and solutions, where he was responsible for domestic manufacturing and fulfillment, strategy, marketing and technology development. Scott also arranged financing for a fully leveraged management-led buyout of this former FTSE-listed company in 2000. From 1997 to 2000, Scott was vice president of operations for Medicor Corporation, a privately held medical device manufacturer with managerial responsibility for accounting and finance, engineering, quality control, and product development. Prior to receiving his degree in law, Scott worked for ten years in commercial finance with Bankers Trust Company, Heller Financial, and GE Capital, where his responsibilities included commercial loan portfolio management, commercial loan underwriting, due diligence, market development, and workouts.

Scott has co-authored articles on commercial arbitration and fraudulent conveyance and holds a United States patent for a medical device design. He received a B.A. degree in industrial design from the University of Illinois at Chicago; an M.B.A. in finance and accounting from the University of Illinois at Chicago; and a Juris Doctor from Wake Forest University and is admitted to practice law in the State of Illinois.

Dick Munson, Senior Vice President of Strategic Planning and Public Affairs

Dick Munson has written about and lobbied for recycled energy over the past several decades. Most recently, he directed the Northeast-Midwest Institute and coordinated with the Northeast-Midwest Congressional and Senate Coalitions, bipartisan caucuses that conduct policy research and draft legislation on agriculture, economic development, energy, environmental, and manufacturing issues.

Dick is the author of several books, including From Edison to Enron, which recounts the history of electricity and suggests an innovation-based vision for the power industry. His Cardinals of Capitol Hill traces the machinations of congressional appropriators who control government spending. Dick also wrote Cousteau: The Captain and His World, a biography of the ocean explorer and filmmaker. His articles on energy and environmental policy have appeared in numerous newspapers and journals.

Dick has served as secretary of the U.S. Combined Heat and Power Association, director of the Solar Lobby, director of the Center for Renewable Resources, co-coordinator of Sun Day, coordinator of the Environmental Action Foundation, and lecturer in history at the University of Michigan.

See list of selected publications.

Thomas P. O’Brien, Senior Vice President, Business Development

Tom O’Brien’s experience includes being owner and founder of IPS, a global consulting company specializing in energy for heavy industrials. He brings a wealth of experience in creating vision and execution of energy projects for both the supply and demand side of the business. Tom’s industrial experience is broad, including work in oil exploration, transmission, petrochemical, pulp and paper, foods, renewable fuels, and corn wet milling.

Tom started his career with E.I. Dupont in 1976, and has worked for Quantum Chemical for 13 years in optimization, operations, and feedstock management. At Kerr-McGee, he worked in business development for the titanium-dioxide and rare-earth-metals businesses.

Tom started his own consulting practice in 1994. His experience includes petrochemicals, wet air oxidation processes, inorganic chemicals, food, and plastics. His client list included Alliant Energy, Akzo-Nobel, Atlas Roofing, BFC, BP Chemical and Exploration, Cinergy, Eastern Illinois University, Kodak, Millennium, Primary Energy, Nicor, Shell, and W.R. Grace.

Tom has a B.S. in Chemical Engineering from University of Illinois and an MBA in Finance from Illinois Institute of Technology.

See list of selected publications.

Aaron Walters, Chief Financial Officer

Aaron Walters brings more than ten years experience in the financial services industry, focused broadly throughout the capital markets. Prior to joining RED, Aaron served as vice president at Lazard Freres & Co. LLC, covering the financials, health care, and technology sectors for Lazard's large-cap and small-cap growth equity funds. In addition to his portfolio responsibilities on both products, Aaron was also involved with the fundraising side of the business, making presentations to institutional investors, pension and endowment funds, plan sponsors, and the consulting community. Aaron came to Lazard in 2005, when it acquired his predecessor firm, Knelman Asset Management Group (KAMG), which Aaron co-founded in 2000.

While at KAMG, Aaron was intimately involved in the venture capital investing that the firm did for its high-net worth clients, including the identification, evaluation, due diligence, investing, and management of the firm's direct venture investments.

Prior to becoming a co-founder of KAMG, Aaron spent two years as an analyst at Morgan Stanley working on the buy-side as a fixed-income generalist (in both products & industries). His responsibilities included credit analysis of bond issues as potential investments to be added to the firm's institutional fixed income products.

Aaron holds a Bachelor of Science with honors in accounting and finance from the London School of Economics (LSE). He is a CFA charter holder, and member of the CFA Institute (CFAI).

Back to top