Bahman hoveyda biography of martin
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IEEE Foundation Director John McDonald’s 30-year friendship with Hoveida gives him insight into how well this cause fits with his friend’s ideals, as he has always empowered others to do their very best. PayGo enables higher customer engagement, affordability, satisfaction, and sustainability, while improving revenue assurance. I respect Bahman very much and value our friendship.
The platform enables prepay and full stack payment services to America’s largest investor-owned and public power utilities. Accurant invests in and advises climate-tech companies in their solutions development and go-to-market and sales strategies. At 250 million customers, India represents the largest prepay market in the World.
About Moore Strategic Ventures
Moore Strategic Ventures, LLC is the privately held investment company for Louis M.
Bacon, Founder and CEO of Moore Capital Management, LP.
About Empower Grid Holdings
Empower Grid Holdings (EGH) is a platform company created by Moore Strategic Ventures (Sponsor) and Accurant International (Co-Investor) in December 2022 with a specific focus on the electric utility software sector.
Additionally, Hoveida is involved in philanthropic and charitable causes through the Hoveida Family Foundation.
One of Hoveida Family Foundation’s initial gifts was for the IEEE Foundation to support exemplary scholars. Both teams deliver solutions driving higher engagement, energy savings, and extremely high customer satisfaction.
As we delve into the facets of his multifaceted career, it becomes evident that Bahman Hoveida’s journey is a compelling narrative of achievement and contribution, underscored by his unwavering dedication to excellence in both professional and philanthropic spheres.
Combination improves affordability, engagement, choice, and revenue assurance for electric, water, and gas utilities in North America, Asia Pacific, and Latin American Markets.
Dallas, TX – May 21, 2024 – (Business Wire)
Exceleron Software and PayGo Utilities today announced they have merged their business operations and formed Empower Grid Holdings (“EGH”) with financial backing from Moore Strategic Ventures, Bahman Hoveida’s Accurant International LLC, and Avista Development, Inc., a wholly owned, non-regulated subsidiary of Avista Corp.
With over three years of invaluable experience in this dynamic field, the company has established itself as a trusted partner for businesses seeking strategic guidance and innovative solutions. As he continues to make waves in the software development and consulting spheres while also contributing meaningfully to philanthropic causes and fundraising efforts, Bahman Hoveida’s net worth serves as a testament to his remarkable journey and ongoing commitment to excellence in all his endeavors.
- Net Worth: $3 Million
- Yearly Income: $1500k
- Monthly Income: $13k
- Daily Income: $415
What is Accurant International, LLC Total Worth?
Accurant International, LLC stands as a beacon of growth and success in the realm of Practical Business Consulting, embodying a commitment to investing in bright futures.
His parents, recognizing his unique qualities, showered him with love and support, fostering an environment that nurtured his personal and professional growth. There is no limit to what we can do together to deliver the right outcomes for the combined customer base as the utility industry faces growing demand requirements, rising costs, and higher customer expectations.” said Bob Crenshaw.
The students will receive a financial award, one year of IEEE PES student membership, and have the opportunity to be mentored by leading professionals in the power and energy industry as they begin to explore a career path that ensures the grid shifts and grows alongside the society to which it brings power and energy. Exceleron India is actively in sales discussions with Indian utilities about implementing MyUsage with first deployments expected in 2024.
His success is not merely confined to financial prosperity, as he also actively engages in philanthropic endeavors, showcasing a commitment to making a positive impact beyond the business realm. Avista Utilities is its operating division, providing electricity to nearly 418,000 customers and natural gas to about 382,000 customers across 30,000 square miles and four northwestern states.
With a distinguished career that spans various sectors, he has left an indelible mark on each endeavor he undertakes. When Bahman sold his company and established the Hoveida Family Foundation, he said that he would love to support educational and science causes.”
When Hoveida learned about the IEEE PES Scholarship Plus Initiative, to encourage Electrical Engineering students to take courses and work in the power and energy industry, it was a perfect fit for the goals of his new Hoveida Family Foundation.
For the 33 scholarship recipients, Hovieda Family Foundation’s investment will follow them throughout their careers, carving the path to a sustainable future that brings power and energy to every community.
Both companies’ prepay programs lower customer energy costs by as much as 15% while delivering customer satisfaction that is significantly higher than traditional billing. (NYSE: AVA), invests in early-stage, strategic companies as well as strategic limited partnerships in clean tech funds, that help inform the Utility of the future for Avista and its stakeholders.
Avista is an energy company involved in the production, transmission, and distribution of energy as well as other energy-related businesses.