“Peter Lake is a true public servant who stepped up during a critical time in our state…with Lake at the helm of the [grid], we have ensured that no Texan has lost power due to the state grid...I thank Lake for his service to Texas and his tireless work to secure and strengthen our state’s power grid.”
Critical Infrastructure Development with Unique Expertise
Chairman Lake is one of the few executives to serve as the highest-ranking government official in both power and water in a top ten global economy
Experience
Power
Led one of the largest power grids in the world (ERCOT) through the biggest crisis in its history as Chairman of the Public Utility Commission of Texas.
Water
Led one of the world’s largest water infrastructure banks through critical growth and market turmoil as Chairman of the Texas Water Development Board.
Finance
Led over $8.5 billion of infrastructure financing - including an unprecedented grid securitization financing - between 2018 and 2023.
Leadership
Between leading development of Texas’s first-ever flood mitigation program after Hurricane Harvey, managing a major financial institution through the COVID 19 market disruptions, and stepping in to lead the Texas power grid after the disastrous 2021 power grid collapse, Chairman Lake has led multiple organizations through some of the largest crises in recent American history.
His decisive leadership under intense pressure and unrelenting media scrutiny delivered sensible solutions and systemic change previously regarded by many as impossible.
By successfully addressing some of the most complex problems in two of the economy’s most critical sectors, he has established his reputation not only as a global expert on power and water, but also as one of the world’s go-to agents of organizational change.
