Stephen E. Burnazian

Executive Vice President, Corporate Development

Stephen E. Burnazian

Stephen is responsible for leading the organization’s efforts to explore expansion and growth opportunities, including partnerships and prospects for acquiring new assets to enhance the value of the FES franchise.

Stephen joins the company with 20 years of investing, corporate finance and commercial strategy experience, and substantial principal investing track record in merchant power, infrastructure and utility sectors.

He has served as Senior Vice President at Avenue Capital Group in New York since 2005 where he has invested over $10 billion of capital in the energy sector and was responsible for Avenue’s investment portfolio including acquisition, strategy, and management.  He has substantial experience out-of-court restructurings, M&A, financing origination, liability management, equity offerings, business plan development, commercial strategy, multi-party settlement negotiations, and governance including management changes, board constitution and board service.

While at Avenue, Stephen was instrumental in the creation of Middle River Power, a wholly-owned private equity platform, that is  responsible for managing direct investments in the power industry which totals 3,000 MW of natural gas, coal, geothermal and solar power generation across the US.

Stephen earned a Bachelor of Arts degree from Emory University.

Last Modified: March 1, 2019