Fred Polenz is a dynamic business development and sales executive recognized for his ability to forge strategic partnerships that drive growth, innovation, and sustainability across the energy industry. With more than two decades of experience leading commercial and industrial initiatives for global organizations—including ENGIE North America, Alturus, and GE Current—Fred has built a career on connecting Fortune 500 leaders with transformative energy solutions.
Throughout his career, Fred has led multi-regional teams and managed portfolios ranging from $1 million to $250 million, helping companies achieve measurable results in operational efficiency, carbon reduction, and cost optimization. His partnership-building expertise is rooted in a consultative approach—developing trusted relationships with C-suite executives, understanding their long-term sustainability goals, and co-creating strategies that align business value with environmental impact.
At Alturus, Fred served as Director of Business Development, expanding Energy-as-a-Service partnerships within the Fortune 1000 and positioning the company for scalable growth. Prior to that, as Senior Director of Solutions at ENGIE North America, he helped major industrial clients transition toward carbon neutrality through customized renewable and thermal energy projects. His leadership at GE Current and Just Energy further reflects his ability to integrate technical insight with commercial strategy, building alliances that endure through market shifts.
Known for his approachable, motivational leadership style, Fred thrives on mentoring high-performing teams and cultivating the next generation of energy leaders. He brings vision, integrity, and a relentless focus on results—qualities that have made him a trusted partner to some of the world’s most forward-thinking companies.
PurposeEnergy is an established US-based renewable fuels and biogas specialist focused on waste solutions for the food and beverage industries. Over the last 15 years, PurposeEnergy has developed, owned, and operated multiple projects that convert organic waste streams to biogas for use in industrial processes, conversion to renewable electricity or refinement to Renewable Natural Gas (“RNG”). PurposeEnergy is a portfolio company of Quinbrook.