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Patty Liao

Investment Banking

Patty Liao, Director, Offtake Advisory, is based in Marathon Capital’s San Francisco office. She is responsible for developing and executing sustainability strategy, renewable energy and low carbon molecule procurement advisory, and energy transition initiatives with corporate and industrial clients, as well as offtake strategies for developer and IPP clients. Patty has advised on over 4 GW of renewable power sourcing and M&A processes for clients.

Prior to joining Marathon Capital, Patty led power marketing strategy and offtake negotiation for Recurrent Energy’s projects in PJM and opportunities with corporate clients across the United States. Patty also has experience in equipment procurement, O&M contracting, and asset and operations management for Recurrent’s operating portfolio in California and Arizona. Prior to Recurrent, Patty worked at Black & Veatch advising investors as an independent engineer, performing technical due diligence for module, inverter, and tracking/racking equipment as well as project diligence for over 700 MW of solar PV, wind, biomass, coal, and natural gas power plants.

Patty graduated from Williams College with a BA in Physics and Asian Studies. She earned her MSE in Mechanical Engineering and MS in Natural Resources and Environment from the University of Michigan, Ann Arbor. She holds Series 63 and 79 licenses.