East Coast Power Appoints Michael Craven as President and Expands Leadership to Drive its Next Phase of Growth

Expansion of East Coast Power's executive leadership team brings proven track record and deep industry expertise to accelerate growth of high-quality electric power services in the Northeastern U.S.

ALBANY, N.Y., Aug. 19, 2025 /PRNewswire/ -- East Coast Power ("ECP" or the "Company"), a fast-growing electric utility services provider with operations throughout the Northeast region of the United States, today announced key additions to its leadership team, including the appointment of industry veteran Michael Craven as President, effective immediately. ECP Founder and Board Member Darren Donohue will continue to serve as Chief Executive Officer of the Company, focusing on M&A and growth initiatives. Additionally, Tim Andrews has joined as Vice President of Finance, and Jim Kelly has been named Estimator.

"We believe the electric power industry is undergoing a transformation, and the sector is expected to see continuing activity throughout the Northeast region and the country," said Mr. Craven, President of ECP. "Utility companies are seeing a convergence of industry-wide priorities—such as aging electric infrastructure replacement; prompt storm restoration; the interconnection of renewable energy technologies; and the implementation of policy-driven electrification initiatives. To meet these challenges, customers and regulators demand a highly experienced, service‑focused partner. ECP is exactly that, and I'm honored to lead this team into its next chapter of growth." 

Prior to joining ECP, Mr. Craven served as Vice President of Electric Operations at Avangrid, where he oversaw New York electric line operations, distribution engineering, integrated planning and design, substation operations and stores operations for over a decade. Prior to Avangrid, Mr. Craven was a Manager of Systems Operations for New York State Electric & Gas (a subsidiary of Avangrid) from 2005 to 2015. He received his Bachelor of Science in Business Administration from SUNY Empire State College, and his MBA from the University of Florida's Warrington College of Business.

Mr. Andrews, who brings a strong financial acumen and growth mindset to ECP, comes from D&D Power, where he served as Director of Finance for approximately 12 years. Mr. Kelly adds precision and field-tested estimating experience that we expect will further bolster the Company's operational support teams.

"With Mr. Craven leading and the addition of our new executive team, we expect existing customers will enjoy the same high‑quality service, now enhanced by a deeper expertise and even greater resources," said Mr. Donohue. "Many key stakeholders—including customers, regulators, investors, and utility companies—have high expectations for the changing priorities in the power sector. Navigating the intricacies of this work, as well as stakeholder expectations, requires a unique perspective; Mr. Craven comes to ECP with this understanding."

ECP believes these leadership appointments mark the beginning of an exciting new chapter for ECP—one focused on expanding its safe, efficient service while prioritizing strategic growth. With these new leadership appointments and backing from strategic partner A&M Capital Partners ("AMCP"), the Company is poised to potentially magnify and continue to expand its offerings in maintenance, repair, upgrade, restoration, and emergency response solutions for electric power distribution, transmission, and substation systems—areas in which it is already a leading provider.

"As a well-capitalized and trusted platform, we invest in companies that combine legacy strength with forward growth potential," said Ryan McCarthy, Partner at AMCP. "With its proven track record and strong leadership, we believe ECP is well positioned and that this elevated team can bolster service standards across the power delivery sector. We look forward to helping support these efforts."

Under this new leadership, current customers (IOUs, co‑ops, commercial/industrial businesses) are expected to continue to receive the same great service, now strengthened by a leadership team with extensive, multi‑segment experience. Employees and union members can access safe, stable employment, avenues for career growth, and the opportunity to work alongside top-tier industry professionals.  

The Company believes this announcement marks a milestone in ECP's evolution, and the beginning of a new phase of growth. With an enhanced leadership team and a renewed strategic focus, the Company stands ready to meet the evolving needs of its customers and the industry while building opportunities for expansion.

ECP is an International Brotherhood of Electrical Workers contractor and member of the National Electrical Contractors Association. The Company's safety initiatives and focus are led by Safety Director Robert Brown.

About East Coast Power ("ECP")
Founded in 2023, ECP is a leading provider of safe and reliable electric utility services. The Company provides maintenance, repair, upgrade, restoration, and emergency response solutions for electrical utility customers supporting distribution and transmission power line infrastructure throughout the Northeastern United States. Headquartered in the Capital Region of New York, ECP is a portfolio company of Alvarez & Marsal Capital Partners. ECP is an International Brotherhood of Electrical Workers ("IBEW") contractor and member of the National Electrical Contractors Association ("NECA"). For more information, please visit www.eastcoastpowerllc.com.

About A&M Capital
A&M Capital is a multi-strategy private equity investment firm with over $6 billion in total commitments across its strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with A&M Consulting, a leading global operationally focused advisory firm. A&M Capital Partners ("AMCP") is A&M Capital's flagship investment strategy focused on middle-market control transactions in North America with total commitments of over $4 billion. AMCP partners with founders, families, corporates, and management teams, providing capital and strategic and operational assistance that it believes is required to take businesses to the next level of success. AMCP invests across a range of sectors including Business Services, Healthcare Services, Government Services, Industrial Services, Financial Services, Packaging & Distribution Services, and more. Additional information is available at www.a-mcapital.com.           

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SOURCE Alvarez & Marsal Capital Partners / East Coast Power