Friday February 21, 2020
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Meg Carey has worked in the commercial real estate industry for over 25 years and is an expert in understanding the economic impact energy-related issues have on this industry.
Because of her varied experience working with real estate owners, developers, managing agents and large commercial and industrial tenants, she knows firsthand the parameters by which investment decisions regarding energy efficiency are made. Meg has been instrumental in guiding her clients through the changes in the deregulated electricity markets and has successfully negotiated many of the largest electricity supply contracts in the New York metropolitan area. Meg's understanding of real estate, finance and leasing enable her to assess energy supply and efficiency projects at their bottom line.
Meg's career began at Cushman & Wakefield, Inc. in the Property Management Division in 1979. Subsequently she was AVP/Director of Energy Management at Mendik Realty Company, then VP/ Manager of Facilities Planning and Design at HSBC/Marine Midland Bank where she was awarded "Employee of the Year." Meg went on to become VP of Business Development at Enersave, Inc. and, since 1997, President of MCEnergy, Inc., an independent energy information and procurement company.
Meg has served as a member of BOMA's Energy Committee, the New York Chamber of Commerce and Industry's Energy Resources Committee and as Co-Chair of Con Edison's Committee on Energy Conservation. Meg has been active at New York University's Real Estate Institute and is one of the first members of NY Women Executives in Real Estate (WX), Building Owners and Managers Association and the Real Estate Board of New York.
Meg has been quoted in real estate and energy-related publications as well as The New York Times and The Wall Street Journal.
Barbara Farr has worked in the alternative energy industry for over 25 years and has negotiated transaction and financing documents for a multitude of energy transactions. She is admitted to the New York State Bar and has experience working with energy service companies, energy development companies and unregulated utility subsidiaries, pursuing a variety of energy applications, such as solar, cogeneration, demand-side management, energy efficiency, distributed generation, district heating and the generation of electricity from natural gas, landfill gas, biomass and geothermal sources. Barbara has experience in representing both buyers and sellers in the negotiation of energy sales agreements and renewable energy certificate purchases.
Barbara has had positions as in-house and General Counsel with various public and private energy companies, and from 1992 to 1998, she worked at Enersave, Inc., where she met Meg Carey. During her tenure at Enersave, she worked with Meg to negotiate agreements for the provision of demand-side management and energy-efficiency services and equipment to the commercial real estate community.
Upon Meg's formation of MCEnergy, Inc. (MCE), Barbara advised in the structuring and development of the company. In 2004, Barbara started providing legal services to MCE on a regular basis. In 2005, she assumed the office of Secretary to the corporation. During her tenure at MCE, she has been involved in negotiating client transactions and electricity procurement contracts on behalf of MCE's clients, as well as transaction documents and general corporate matters for MCE. As the deregulated energy markets have evolved, Barbara has worked with Meg to explore and develop new product offerings to MCE clients. She has also worked with Meg to optimize energy procurement terms on behalf of MCE clients and with Selena to blend the legal and technical aspects of energy procurement transactions.