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Executive Team


Mark Noyes

President and CEO

Mark Noyes is the President and Chief Executive Officer of the Con Edison Clean Energy Businesses that include Con Edison Development, Con Edison Energy and Con Edison Solutions. Responsible for the overall profitability of these businesses, Mark structured the companies to meet the renewable energy strategy developed by parent company, Consolidated Edison Inc., which included exiting the Retail Commodities business and developing a robust Energy Services group that today operates profitability and with an extensive backlog of contracts.

Prior to his role as President and CEO, Mark was President of Con Edison Development and Con Edison Energy. In this role, he developed the Utility Scale portfolio of the company from the ground up, rapidly becoming the 5th largest owner/operator of PV renewable energy assets nationwide.

Previously Mr. Noyes was Principal and Managing Partner for B4U Services, a firm providing consulting services to clients in the energy sector with a focus on power quality, technology development, acquisitions, renewable energy, strategic development, energy efficiency and revenue growth via business development.

Prior to establishing B4U Services in 2006, he was the President and CEO of WebGen Systems, an enterprise energy-management company providing complete energy services to commercial and industrial customers. These services included distributed generation, renewable energy, energy efficiency, demand response, energy purchasing and "green" building/LEEDS certification. At WebGen, Mr. Noyes gained comprehensive experience in all phases of new business development, including profit and loss responsibility, operations management, technology development, finance, strategic planning, marketing, and sales.

Before WebGen, Mr. Noyes spent over 15 years with Con Edison, gaining experience in all aspects of the power sector on both the regulated and non-regulated side. He served as Vice President of Asset Management and Acquisition for Con Edison Development. His responsibilities included asset acquisition, profit and loss responsibility, asset management, brownfield/greenfield development, strategic planning, operations and environmental compliance of 1,700 MW of generation.

Mr. Noyes holds a Master of Business Administration degree and a Bachelor of Science degree in Electrical Engineering; and is a Certified Energy Manager and Certified Sustainable Development Professional with the Association of Energy Engineers. He has served as Chairman of the Board of Web Gen and is listed by Crain's New York Business as one of the “Top 40 under 40,“ an honor given to those who are recognized as “rising stars“ in their industries.

James J. Dixon

Chief Legal Officer and Vice President - Legal Services

Jim Dixon is the Chief Legal Officer for Con Edison Development headquartered just north of New York City in Valhalla, New York. In addition he is Vice President – Legal Services for Con Edison Energy and Compliance Officer for all of Con Edison's Competitive Energy Businesses. He assumed his present responsibilities in July 2011.

Immediately prior to his present position, Mr. Dixon served as Vice President of Energy Services for Con Edison Solutions. During his 4½ year tenure in this position he led a team of 100 energy efficiency experts located throughout the United States that delivers demand-side energy-efficiency projects and services for a wide variety of customers. Mr. Dixon also served three years as Con Edison Solutions' General Counsel responsible for all its legal services. Before joining Con Edison Solutions in 2004, Mr. Dixon had over ten years experience in the Consolidated Edison Company of New York (CECONY) law department's Nuclear Regulatory and Commercial Litigation sections. He also served as legal counsel for Con Edison Solutions from January 1998 until August 2002 and as Assistant Corporate Secretary for Consolidated Edison Company of New York (CECONY) from August 2002 until joining Con Edison Solutions as its General Counsel in January 2004. While pursuing his legal studies at night he also held various technical positions in CECONY's Construction, Engineering and System Operations departments and is a 1984 graduate of Con Edison's rigorous Management Intern Program (now called the GOLD Program).

He is currently Chairman of the National Association of Energy Services Companies (NAESCO) which is the leading energy-services industry trade organization that promotes energy efficiency nationwide with over 70 member companies. He is also an active member of the Association of Corporate Counsel, the world's largest community of in-house counsel, with more than 29,000 members in over 75 countries, serving as the Resources Chairman for its Energy Committee, a member of the Compliance & Ethics and Small Law Department Committees, a faculty member at its 2010 and 2012 Annual Meetings and co-author of the "Top Ten Challenges Facing Alternative Energy Sources." In addition, he is a member of the Ethics and Compliance Officers Association and Society of Corporate Compliance and Ethics.

In addition, Mr. Dixon is retired from the United States Army Reserve with the rank of Major. During his service in the Army Reserve, he commanded a Combat Heavy Engineer Company, was Executive Officer for an Engineer Battalion and is an honors graduate of both the basic and advanced officer courses at the United States Army Engineer School. He is very active in his local community, having served as President of the Ardsley Little League and co-founder of a local CYO basketball program as well as coach and manager of numerous athletic teams. His community service was recognized in 2009 by the Ardsley PTA with its prestigious Jenkins Award.

Mr. Dixon received his Bachelor of Electrical Engineering from Manhattan College and his J.D. from New York Law School. He is admitted to practice in the local bar and federal courts of New York and Washington D.C. Mr. Dixon is also a registered professional engineer in New York State.

Tom DiCapua

Managing Director of Asset Optimization and Business Development

Tom DiCapua is the Managing Director of Asset Optimization and Business Development. In this role Tom is responsible for overseeing the day to day Power and Natural Gas activities related to Con Edison’s Competitive Energy Businesses’ Leased Asset and Energy Management lines of business. Since joining Con Edison Energy in 2008 Tom has overseen operations of energy management agreements and successfully developed new services tailored for individual clients and sought to coordinate the various capabilities of the Con Edison Competitive Energy Businesses to better suit the energy management needs of the marketplace. Tom continues to develop strategies to build robust, client centered services.

Prior to joining CEE in 2008, Tom worked at National Grid/KeySpan, first as Automation Engineer in their generating fleet and later as a lead Electric Trader for Keyspan’s Energy Transaction Services group. Tom has Bachelor of Science in Computer Science from Siena College and a Bachelor of Science in Mechanical Engineering from Rensselaer Polytechnic Institute. He has a daughter and lives in Hawthorne New York.

John Borruso

Director, Natural Gas Trading

John Borruso is the Director, Natural Gas Trading at Con Ed Energy in Valhalla New York. John was originally with Con Ed Energy from 1997 to 2005 and rejoined the company in September 2009. In his current role he is responsible for managing Con Ed Energy’s natural gas portfolio. These activities include supplying gas to a fleet of power generation assets, managing multiple natural gas asset management agreements and Con Ed Energy’s contracted asset portfolio. Con Edison Energy is active in procuring natural gas storage and pipeline assets throughout the northeast United States.

Previously, John was Manager of Regulatory, Renewables where he was responsible for monitoring and advocating for renewable energy rules and legislation throughout the northeast.

Prior to joining Con Edison Energy, John was the Director of Energy Operations for Fortis Bank in New York. John joined Fortis Bank US in May 2005 to support the Back Office Operations and Accounting functions for an expanding US Based Energy Trading Organization. At Fortis, John ensured that the necessary controls were in place to manage their growing energy business. He started his career as an operations analyst at Colonial Energy in Fairfax Virginia, responsible for transporting natural gas on the major US pipelines.

John has a BA in Biology from Manhattan College. He is married with 2 children and lives in Blauvelt, New York.

Karl Hofer

Director of Trading and Energy Management

Karl Hofer is currently Director of Trading and Energy Management at Consolidated Edison Energy, Inc. (CEE). Karl is responsible for CEEs power trading, client based energy management services, and wholesale activities related to Consolidated Edison Solutions (CES) northeast power portfolio.

Karl has over 13 years of experience in the energy industry. Prior to his current role Karl worked with increasing responsibility in various roles with Con Ed Energy and Con Ed Solutions. While with CES Karl started as a Financial Analyst in 2002 in commercial finance and then worked as a Sr. Commodity Analyst where he analyzed state and utility regulatory and competitive retail power environments. During this time CES expanded from offering retail electric supply in two states and four utilities to serving customers in nine states and over 25 utilities. In 2007 Mr. Hofer moved over to CEE, and held roles of Energy Trader, Asset Manager and Sr. portfolio Manager prior to becoming Director. At CEE Karl’s responsibilities included cash and term power trading, generation asset optimization, retail load portfolio management and optimization, and REC procurement and optimization. Prior to joining Con Ed Mr. Hofer worked as a Financial Analyst for Seneca Financial Group, Inc. At Seneca he analyzed third party company financial performance involved in troubled-debt restructuring and M&A opportunities.

Mr. Hofer graduated Magna Cum Laude from Syracuse University in 2001 with a double Bachelor of Science degree in Finance and Accounting. Additionally, he received a Masters of Business Administration in Financial Management in 2006 from Pace University’s Lubin School of Business. He is married with two kids and lives in Norwalk, CT.

Eric Newell

Director of Trading & Energy Management

Eric Newell is the Director of Trading & Energy Management at Con Ed Energy in Valhalla New York. In his current role he is responsible for managing all of Con Ed Energy’s PJM and ERCOT activities. These activities include all trading in these regions including Power, Capacity, and RECs, both Physical and Financial, offering generators into the ISO, load bidding and scheduling, and optimizing asset profitability. Eric currently manages a fleet of Natural Gas and Renewable Generators throughout PJM and Manages ConEd Solutions Retail load book in PJM and ERCOT.

Eric has been with Con Ed Energy since 2000 and has held several roles throughout company including Operations Analyst, Trader, Asset Manager, and Portfolio Manager.

Eric Graduated from SUNY Plattsburgh with a BA in Economics. He is married with 3 children and lives in Orange County New York.

Nancy Lee

Director of Settlements

Ms. Lee is responsible for ISO/RTO settlements validation and settlements on behalf of clients taking energy management services from CEE. In that capacity she is responsible for interfacing with accounting to ensure accruals are timely and accurately recorded; providing data and reports for analysis of generating asset revenue optimization, portfolio performance, and feedback to Operations regarding bidding practices; and ensuring ISO/RTO invoices are paid timely and managing disputes. Prior to this, she was Director of Commodity Accounting.

Ms. Lee has extensive energy industry experience. She worked for Con Edison Company of New York where she held various positions in Operations, Fossil Power and Generation Services.

Ms. Lee is a graduate of New York University with a Master of Business Administration. She also has a Bachelor of Engineering in Civil Engineering from The Cooper Union.