The American Council on Renewable Energy is a 501(c)(3) nonprofit that unites finance, policy, and technology leaders to accelerate the transition to a clean energy economy. Founded in 2001, ACORE was the first organization dedicated to expanding the pan-renewable economy in the U.S.

Who are ACORE's members?

ACORE's membership includes leading renewable energy companies, financial institutions, utilities, and technology firms. Collectively, ACORE members are responsible for 90% of utility-scale clean energy capacity growth in the United States.

What are ACORE's main focus areas?

ACORE focuses on grid transmission expansion, clean energy finance, federal and state policy implementation, and market research. A major initiative centers on transmission solutions needed to deliver clean energy from generation sites to population centers.

How has the organization grown?

ACORE has grown from a small startup in 2001 to a $9.2 million organization with 40 employees. Revenue nearly tripled between 2018 and 2024 as the clean energy sector expanded rapidly, driven by favorable policy and declining technology costs.

American Council On Renewable Energy

Washington, DC · Founded 2001

National nonprofit uniting finance, policy and technology to accelerate renewable energy transition

Primary audience

Energy Industry

Work area

Policy & Advocacy

Topic

Renewable Energy

Contact

Raymond Long

Website Contact

About Organization

ACORE accelerates the transition to a clean energy economy by bringing together business leaders, policymakers, and financial institutions to advance renewable energy deployment. Based in Washington, DC, the organization operates with $9.2 million in annual revenue and 40 employees.

What They Focus On

Grid Modernization

Advocates for expanding and upgrading transmission infrastructure to integrate growing clean energy capacity into the national grid.

Clean Energy Finance

Connects renewable energy developers with capital markets and financial institutions to accelerate project deployment.

Federal & State Policy

Shapes energy policy at all levels of government to create market conditions that support continued clean energy growth.

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2024)

$9.2M

-9.8% vs 2023

Expenses (2024)

$9.3M

-5.9% vs 2023

Assets (2024)

$5.1M

-2.5% vs 2023

Employees (2024)

+37.9% vs 2023

Year	Revenue	Expenses	Assets	Employees
2024	$9,245,250	$9,307,245	$5,086,826	40
2023	$10,248,895	$9,895,876	$5,214,926	29
2022	$7,697,621	$8,181,022	$2,997,101	30
2020	$5,137,234	$4,557,386	$2,000,883	22
2019	$3,203,539	$3,213,505	$430,971	22
2018	$3,460,158	$3,375,176	$512,666	18

Source: IRS Form 990 filings. All figures in USD.

01

Convene Leaders

Bring together finance, policy, and technology leaders from across the clean energy sector to identify barriers and opportunities.
02

Develop Solutions

Produce research, analysis, and policy recommendations that address the most critical challenges facing clean energy deployment.
03

Mobilize Capital

Connect clean energy projects with investors and financial institutions to unlock the funding needed for large-scale deployment.
04

Advance Policy

Advocate for federal and state policies that create the market conditions for continued clean energy growth.

Programs and Initiatives

Services and programs offered by American Council On Renewable Energy

Grid Transmission Solutions

Advances policy and investment frameworks for expanding and modernizing the electric grid to support clean energy integration at scale.

Clean Energy Finance Forum

Convenes finance, investment, and banking leaders to mobilize capital for renewable energy projects and accelerate deployment.

Policy Implementation

Works with federal and state policymakers to design and implement effective clean energy policies that drive market growth.

Market Intelligence & Research

Produces analysis and thought leadership on clean energy markets, costs, and deployment trends to inform decision-makers.

Team & Leadership

Meet the people behind American Council On Renewable Energy.

Kevin ORourke

Senior Vice President, Development and Public Affairs

Full-time

Compensation: $225,869

Lesley Hunter

Senior Vice President, Policy and Engagement

Full-time

Compensation: $203,305

Colleen Pickford

Chief Operating Officer

Full-time

Compensation: $227,700

Megan Allison

Senior Manager, Marketing

Brad Brewer

Director, Corporate Engagement

Janelle Blackwood

Director, Employee Relations

Elise Caplan

Vice President, Regulatory Affairs

Alessandra Chapman

Manager, Policy & Engagement

Alisa Fox

Director, Grid Campaigns

Jonathan Geldof

Senior Manager, Government Affairs, Macro Grid Initiative

Jeffrey Gorham

Director, Policy and Engagement

Chris Higginbotham

Vice President, Communications

Andrew Hoffner

Senior Manager, Executive Office and Board Liaison

Jeremy Horan

Vice President, Government Affairs

Peter Kendall

Associate, Finance and Accounting

Ray Long

President and Chief Executive Officer

Colin Meehan

Vice President, Grid Campaigns

Yejide Olutosin

Director, ACORE Accelerate

Alex Romero

Manager, Membership & Development

Gabriel Rosner

Senior Manager, Corporate Engagement

Erin Stangel

Manager, Events

Claire Stirling

Director, Events

Sophie Stover

Manager, Communications

Raymond Long

Incoming President & CEO

Full-time

Compensation: $675,000

Gerald Borenstein

Chief Financial Officer

Full-time

Compensation: $226,939

Alexandra Hobson

SVP Communications

Full-time

Compensation: $208,501

Constance Thompson

SVP ACORE Accelerate

Full-time

Compensation: $180,090

Milestones

Two decades of advancing America's clean energy economy

2001

Founded in Washington, D.C.

2001

ACORE launched as the first organization dedicated to expanding the pan-renewable energy economy in the United States.

2018

Rapid Growth Begins

2018

Revenue reached $3.5 million with 18 employees as the clean energy sector gained momentum.

2021

20th Anniversary

2021

Celebrated two decades of accelerating America's transition to renewable energy and launched the next phase of strategic initiatives.

2023

Record $10.2 Million Revenue

2023

Achieved highest-ever revenue as federal policy accelerated clean energy investment and deployment.

2024

40 Employees, 90% Market Share

2024

Grew to 40 staff members, with ACORE members responsible for 90% of utility-scale clean energy capacity growth.

Associated People

Board members, advisors, and key contributors

Board of Directors

Adam Altenhofen Director 2.00 hrs/week

Christian Warren Director 2.00 hrs/week

David Giordano Director 2.00 hrs/week

Gaurav Raniwala Director 2.00 hrs/week

Himanshu Saxena Director 2.00 hrs/week

Ja Kao Director 2.00 hrs/week

James Giamarino Director 2.00 hrs/week

Jordan Newman Director 2.00 hrs/week

Kevin Gresham Board Chair 2.00 hrs/week

Kristal Hansley Director 2.00 hrs/week

Laura Beane Director 2.00 hrs/week

Meghan Schultz Director 2.00 hrs/week

Mit Buchanan Director 2.00 hrs/week

Mona Dajani Director 2.00 hrs/week

Patrick Reiten Treasurer 2.00 hrs/week

Phil Musser Director 2.00 hrs/week

Puneet Verma Director 2.00 hrs/week

Raymond Wood Director 2.00 hrs/week

Robin Millican Director 2.00 hrs/week

Sandhya Ganapathy Director 2.00 hrs/week

Shannon Kellogg Secretary 2.00 hrs/week

Urvi Parekh Director 2.00 hrs/week

Vikas Agrawal Director 2.00 hrs/week

Vishal Kapadia Director 2.00 hrs/week

William Conkling Director 2.00 hrs/week

William Demas Director 2.00 hrs/week

Michael Arndt President, North America, Recurrent Energy

Brian Callaway EVP and CFO, Copia Power

Elizabeth Kaiga Chief Commercial Officer for Energy Systems, DNV, North America

Kevin Knight Managing Director, Tax Equity Leader, GE Vernova Financial Services

Ray Long President and CEO, American Council on Renewable Energy (ACORE)

Philip Musser Senior Vice President, Government Affairs, Next

Frank Palladino Vice President, Offsite Energy Investments, Walmart, Inc.

Quinn Parker Founder and CEO, Encolor LLC

Martin J. Pasqualini Managing Director, Partner, and Founding Member, CCA Group

Steve Ryder Executive Vice President and Chief Financial Officer, Clearway Energy Group

Melissa Shute Senior Vice President of Corporate Affairs, RWE

Sarah Webster Senior Vice President, External Affairs & Market Development, Pattern Energy

James Wright Managing Director and Head of U.S. Corporate Banking, CIBC

Laura Zapata CEO, Clearloop

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2024)

$2.1M

Highest Paid

$711K

Raymond Long

Compensated Officers

Name	Title	Base	Other	Total	Hrs/Wk
Raymond Long	Incoming President & CEO	$675,000	$35,517	$710,517	40
Colleen Pickford	EVP Corporate Engagement	$227,700	$35,517	$263,217	40
Gerald Borenstein	Chief Financial Officer	$226,939	$24,313	$251,252	40
Lesley Hunter	SVP Policy & Engagement	$203,305	$35,499	$238,804	40
Alexandra Hobson	SVP Communications	$208,501	$30,274	$238,775	40
Kevin Orourke	SVP Development & Public A	$225,869	$12,195	$238,064	40
Constance Thompson	SVP Acore Accelerate	$180,090	$12,112	$192,202	40

Name	Title	Base	Other	Total	Hrs/Wk
Gregory Wetstone	Outgoing President & CEO	$469,806	$22,565	$492,371	40
Jose Zayas	EVP Policy & Programs	$323,438	$32,934	$356,372	40
Colleen Pickford	EVP Corporate Engagement	$227,777	$32,934	$260,711	40
Raymond Long	Incoming President & CEO	$256,818	$1,525	$258,343	40
Allison Nyholm	VP Government Affairs	$222,961	$27,549	$250,510	40
Gerald Borenstein	Chief Financial Officer	$227,265	$22,566	$249,831	40
Lesley Hunter	SVP Policy & Engagement	$196,000	$32,843	$228,843	40
Alexandra Hobson	SVP Communications	$207,950	$20,690	$228,640	40
Kevin Orourke	SVP Development & Public Affairs	$203,907	$11,359	$215,266	40

Name	Title	Base	Other	Total	Hrs/Wk
Gregory Wetstone	President & CEO	$449,792	$36,499	$486,291	40
Colleen Pickford	EVP Corporate Engagement	$200,640	$41,025	$241,665	40
Gerard Borenstein	CFO	$208,824	$31,690	$240,514	40
Allison Nyholm	VP Government Affairs	$183,600	$40,104	$223,704	40
Jose Zayas	EVP Policy & Programs	$197,500	$23,651	$221,151	40
Kevin O'Rourke	VP Strategic Pships/Public Affairs	$194,657	$23,423	$218,080	40
Alexandra Hobson	SVP Communications	$172,325	$26,113	$198,438	40

Name	Title	Base	Other	Total	Hrs/Wk
Gregory Wetstone	CEO	$446,570	$33,873	$480,443	40
Gerardo Borenstein	CFO	$175,123	$33,868	$208,991	40
William Parsons	COO	$178,708	$6,501	$185,209	40
Colleen Pickford	Executive Vice President For Corporate Engagement	$160,000	$5,911	$165,911	40
Alexandra Hobson	VP Of Communications	$151,878	$6,488	$158,366	40
Lesley Hunter	VP Of Programs	$131,010	$5,756	$136,766	40
Kevin O'Rourke	Vice President Of Strategic Partnerships And Public Affairs	$111,532	$7,628	$119,160	40

Name	Title	Base	Other	Total	Hrs/Wk
Gregory Wetstone	President & CEO	$448,000	$22,052	$470,052	40
Matthew Foley	Senior Vice President Of Policy & Government Affairs	$197,833	—	$197,833	40
Gerald Borenstein	Chief Financial Officer	$172,200	$24,885	$197,085	40
Colleen Pickford	Vice President Of Corporate Relations	$143,500	—	$143,500	40
William Parsons	Chief Operating Officer	$133,333	—	$133,333	40
Lesley Hunter	Vice President Of Programs	$126,142	—	$126,142	40
Alexandra Hobson	Vice President Of Communications	$110,385	—	$110,385	40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$3.0M Grants Received

$555K Grants Given

9 Organizations

Top Funders

4 total

Multiplier 3 grants

$2.4M

United States Energy Foundation

$325K

Breakthrough Energy Foundation

$225K

Fidelity Investments Charitable Gift Fund

$10K

Top Grantees

5 total

Marec Action Camden, DE

$275K

Southern Renewable Energy Association Little Rock, AR

$120K

Interwest Energy Alliance Albuquerque, NM

$80K

Renew Northeast Madison, CT

$50K

Alliance For Clean Energy NY Albany, NY

$30K

Multiplier United States Energy Foundation Breakthrough Energy Foundation Fidelity Investments Charitable Gift Fund Marec Action Southern Renewable Energy Association Interwest Energy Alliance Renew Northeast Alliance For Clean Energy NY

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Lobbying Activity

Lobbying Disclosure Act registrations

Self-Lobbying

5 Registrations

3 Clients

Yes Self-Lobbying

Clients 3 total

American Council On Renewable Energy

2 filings

Self

American Council On Education

2 filings

American Council On The Teaching Of Foreign Languages

1 filing

Source: Senate Office of Public Records — Lobbying Disclosure Act

Contact

Get in touch with American Council On Renewable Energy

Phone

(202) 393-0001

Social

Visit Website

1150 Connecticut Avenue NW 401 Washington, DC 20036

American Council On Renewable Energy

What They Focus On

Financial Information

How They Work

Convene Leaders

Develop Solutions

Mobilize Capital

Advance Policy

Programs and Initiatives

Grid Transmission Solutions

Clean Energy Finance Forum

Policy Implementation

Market Intelligence & Research

Team & Leadership

Kevin ORourke

Lesley Hunter

Colleen Pickford

Megan Allison

Brad Brewer

Janelle Blackwood

Elise Caplan

Alessandra Chapman

Alisa Fox

Jonathan Geldof

Jeffrey Gorham

Chris Higginbotham

Andrew Hoffner

Jeremy Horan

Peter Kendall

Ray Long

Colin Meehan

Yejide Olutosin

Alex Romero

Gabriel Rosner

Erin Stangel

Claire Stirling

Sophie Stover

Raymond Long

Gerald Borenstein

Alexandra Hobson

Constance Thompson

Milestones

Founded in Washington, D.C.

Rapid Growth Begins

20th Anniversary

Record $10.2 Million Revenue

40 Employees, 90% Market Share

Associated People

Board of Directors

Executive Compensation

Partners & Funders

Top Funders

Top Grantees

Lobbying Activity

Clients 3 total

Contact

Phone

Social