Thomas Spang

About Thomas Spang

Thomas Spang is the CEO of Advanced Power, a company that closed an $899 million project financing for its Carroll County Energy project in Ohio. Carroll County Energy is a 700-megawatt combined-cycle natural gas electric generating facility. The financing included $411 million in equity commitments and $488 million in senior secured credit facilities.

Thomas Spang at a glance

• Company: Carroll County Energy
• Total raised: $899M
• Latest round: Growth
• Investors: TIAA-CREF, Chubu Electric Power Company, Ullico, Prudential Capital Group, BNP Paribas, Credit Agricole
• Location: Carrollton, Ohio

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