Partnering with industry participants, Aquilon has built the industry standard Energy Settlement Network™


About Us

Aquilon Energy Services is a Chicago and Houston based software company providing innovative solutions for the fast-paced, complex and data intensive energy industry.

Who We Are

The Aquilon team blends experienced technology and industry experts with strong track records of building and bringing to market reliable, collaborative solutions.


Our partners, board members and network of early advisors connect the team to the industry enabling us to deliver valuable solutions for today’s wholesale energy companies.

What We Do

Aquilon has listened closely to the industry’s priorities to focus resources on energy settlement challenges that no single company should solve alone.


In working side-by-side with traders, settlement analysts and finance professionals, Aquilon has developed the Energy Settlement Network™ (ESN™) for wholesale energy participants of all sizes. On the ESN, counterparties settle both physical and financial energy transactions on the network built for bilateral settlements.


We are implementing the ESN through a network of early advisors to confirm that ESN is reliable, delivers value and improves industry settlement practices.

Meet Our Leadership Team

Jeffrey Wagner

CEO & Founder

Jeff has over 25 years' experience in technology innovation and leadership.

He most recently was CTO of Textura Corporation, the construction industry's leader for online collaboration solutions.


As Vice President of Systems Development at the Chicago Mercantile Exchange, Jeff managed a staff of over 100 employees and ran multi-system support and development for one of the largest futures exchange and clearing house in the world. He served as Chief Software Architect at Mortgagebot, where he oversaw software application development.


Mr. Wagner was Chief Technology Officer of HyperFeed Technologies, Inc. and Chief Information Officer of Equitec Group LLC, designing and implementing technology infrastructure for their global offices.


Michael Egan


Mike and his team are responsible for acquisition and successful onboarding of each new energy trading counterparty. Mike has over 25 year’s hands-on experience bringing innovative technologies to market for critical trading, settlement and clearing processes in highly regulated industries.


Prior to joining Aquilon, Mike worked closely with Jeff at Textura Corporation as an EVP in Business Development focused on developing new markets for use of the highly successful, cloud based construction collaboration service.


During more than twenty years at Accenture, Mike was a ten year Partner in the Financial Services Industry focused on trading, settlement and exchange/clearing technology. Mike played a significant leadership role in the sales and implementation of technology at Fidelity Investments, Capital Group Companies, Chicago Board of Trade, Deutsche Borse Group, and multiple U.S. Brokerage Firms.


Jillian has over 17 years of progressive finance and accounting management experience within high-growth technology companies.


Prior to Aquilon, Jillian was EVP and CFO of Textura Corporation.  During her 10 years at Textura, Jillian built and led a high performing finance team that implemented systems and process to support the company's growth from an early stage through Initial Public Offering on the NYSE in 2013 and sale to Oracle Corporation in 2016.  She was responsible for accounting and SEC reporting, forecasting and budgeting, administration and investor relations.  Most recently, Jillian was CFO of Raise Marketplace, Inc.  She began her career in public accounting at Andersen LLP and Pasquesi Sheppard, LLC.


Jillian earned her MBA in Accounting & Finance from DePaul University and her undergraduate degree in Accounting from Marquette University.



Jillian Sheehan

CFO & EVP of Finance

Ben Rogers

EVP of Business Development & Sales

Ben has worked for over 17 years in the energy and utility sectors (regulated and merchant) and has been an investment banker advising utilities and alternative energy companies on M&A, financing, strategy, and business development. He has experience in energy efficiency, power-related asset management, energy storage, poly-silicon production, wind and solar generation, and water and coal remediation.

Most Recently, Ben was an Aquilon advisor and leader at the Broadscale Group, an investment firm working with leading energy corporations to invest in and commercialize the industry's most promising market-ready innovations.


Ben has held several key senior management positions with energy start-up companies in energy storage. Ben was previously a Vice President with Goldman Sachs & Co., working in the Global Natural Resources Group within the Investment Banking Division. While at Goldman, Ben's responsibilities included both an execution role and the coverage of regulated utilities, merchant power assets and alternative energy companies.


Ben has also worked for Cinergy Corp., now part of Duke Energy and Enron Corp. in Houston.


Paige Greve

EVP of Strategy and Corporate Development

For over 25 years, Paige has enabled both established and start-up organizations to develop, refine, and realize their strategies.  She has led the design and implementation for go-to-market strategies, operating strategies, best practice capabilities, performance metrics, and organizational structures.   Each design and implementation was tailored to the company’s unique objectives and priorities.


Prior to Aquilon, Paige was a Consulting Partner at PwC and an Executive for two start-up companies.  She also spent many years managing Manufacturing and Distribution operations.  She has provided leadership in a number of industries, including Consumer, Industrial, Financial, and emerging Technology.  She has worked in the United States, Latin America, Europe, Asia Pacific, and the Middle East.


As EVP Strategy at Aquilon, Paige is accountable for on-going Strategy development and providing oversight and execution support to high priority projects.  In addition, she brings leadership to several Corporate functions - Finance, Human Resources, Marketing, and Legal.


Paige earned her MBA in Finance from The University of Chicago and her undergraduate degree in Engineering from Northwestern University.

Meet Our Directors

R. Michael Murray Jr.


Michael has, since 1999, been a Director Emeritus of McKinsey & Company, a global management consulting company, a firm he joined in 1967. From 1981 to 1990, he managed the firm’s Chicago office, and has also led McKinsey’s Strategy Practice and Organization Practice. He served on the firm’s Director Committee for ten years and its Shareholder Committee for nine years.

Michael has served on a number of civic and charitable boards of directors and the committees thereof, including Boston College, the Archdiocese of Chicago and the Aspen Music Festival and School.

He continues to be a member of the Investment Committee of the Archdiocese of Chicago and the Board, Executive, Investment and Development Committees of the Aspen Music Festival. He is also a Board Director of Textura Corporation.


Michael received a B.S. in physics and an M.A. in mathematics from Boston College and an M.B.A. from the Wharton School of the University of Pennsylvania. Michael brings to our board extensive management, leadership and advisory experience gained over an extensive business career.


Charles Bayless


Charles is a retired Utility Executive and University President. Until 2008 he was President and Provost of the West Virginia University Institute of Technology. Prior to 1999 Charles was Chairman, President, and CEO of Illinova Corporation, and its’ wholly owned subsidiary, Illinois Power Company.


Charles was Chairman, President, and CEO of Tucson Electric Power Company and from 1981 to 1989 Charles was Sr. VP and CFO of Public Service Company of New Hampshire. Before that, he was employed by Consumers Power Company, as the Director of Nuclear Fuel Supply.


Charles is a board member of Pike Electric, Recycled Energy Development and West Virginia American Water. He is Chair of the Arctic Climate Action Steering Committee and a board member at the Climate Institute. He is a past Board Member of Essential Power, Independent Wireless One, the Ontario Power Authority, Patina Oil and Gas, Dynegy, Trigen Energy Inc., Thermon, Inc., Primary Energy Inc., EPRI and EEI.

Charles has been awarded Financial World’s CEO of the Year Bronze and Silver Medals and Wall Street Transcript’s CEO of the Year Bronze Medal.


Frank Egan

Lake Bridge Capital, Managing Director

Frank has over 25 years experience in the investment / venture capital business as a Managing Director at Lake Bridge Capital, Managing Director at Northwater Capital, Executive Vice President with PaineWebber, Kemper Securities, Dain Rauscher Wessels, and as a venture partner with Draper Fisher Jurvetson ePlanet ventures.


Frank sits on the Board of One Chip Photonics, Ioxus Inc., Airgain Inc., Legend 3D, American ePay, Specialist on Call, Gen3partners, and formally an observer on the Board of Textura Corporation.


Amy Francetic

Invenergy, LLC - SVP of New Ventures and Corporate Affairs

With over 20 years of experience spanning startups, private equity, research and operations, Amy Francetic oversees Invenergy’s sourcing and integration of technology innovation and strategic investments that leverage its operating portfolio. She also leads Invenergy’s external corporate affairs, focusing on enhancing brand visibility and strategic partnerships. Prior to Invenergy, Francetic served as CEO of technology accelerator Clean Energy Trust. She also held roles at private equity firm MVC Capital and Stanford Research Institute. Previously, she was co-founder and CEO of a tech company that she sold to Lego Systems. Francetic serves on Advisory Boards for the WISER Institute at the Illinois Institute of Technology, Northwestern University and the Museum of Science and Industry. She was named the Corporate Citizen of the Year in 2014 by the Executive Club. She has a BA in Psychology and Political Science from Stanford.


Sarita Mandanna

Lake Bridge Capital, Managing Director

Sarita has over 15 years of private equity, structured finance and investment banking experience with Northwater Capital, Deutsche Bank AG, UBS, GE Capital and Equifin Capital. She is currently a Vice President with Northwater Capital, with a focus on energy technologies. In addition to Aquilon, she sits on the Board of NRStor Inc. and Skyonic Corp. Sarita holds an MBA from the Wharton School of Business.


Ravi Ramachandran

Citi - Managing Director and Head of Electronic Business, Global Commodities

Ravi is a Managing Director and  Head of Electronic Business for the Global Commodities Business at Citi – in this role, he is responsible for the electronification of the business from electronic market making to client facing product execution. He also drives the prioritization of the various technology initiatives for the commodities business with the ultimate goal of this electronic end state. Prior to taking on this role in Houston, Ravi ran the global commodity investor product development efforts out of London and prior to that in New York. In this capacity, he was responsible for the creation and marketing of commodity-linked investment products to the Bank’s global client base.


Before joining Citi, he ran Commodities Trading Technology at Bank of America and Calpine Energy Services, and started his professional career as a power trading systems software developer at Enron. He completed his degrees in Industrial Engineering with a focus on Operations Research at Texas A&M University and has an MBA from Columbia University.


Jeffrey Wagner

CEO & Founder of Aquilon Energy Services

Jeff has over 25 years' experience in technology innovation and leadership.

He most recently was CTO of Textura Corporation, the construction industry's leader for online collaboration solutions.


As Vice President of Systems Development at the Chicago Mercantile Exchange, Jeff managed a staff of over 100 employees and ran multi-system support and development for one of the largest futures exchange and clearing house in the world. He served as Chief Software Architect at Mortgagebot, where he oversaw software application development.


Mr. Wagner was Chief Technology Officer of HyperFeed Technologies, Inc. and Chief Information Officer of Equitec Group LLC, designing and implementing technology infrastructure for their global offices


Georgia Watson

Goldman Sachs - Principal Strategic Investments

Georgia is a member of the Principal Strategic Investments (PSI) group, a strategy and investing team that manages a global portfolio of strategic investments in financial technology, market structure and enterprise software. PSI is also responsible for developing market structure strategies across regions, helping to oversee the firm's digital strategy initiatives and commercializing the firm's technology platforms.


Prior to joining Goldman Sachs, Georgia worked in middle market and early-stage investing teams at Solera Capital and CCMP Capital. Georgia holds a Bachelor of Commerce from the University of Melbourne.




Meet Our Advisors

Jim Rogers

Former CEO and Chairman of the Board, Duke Energy

Jim was the chairman of the board at Duke Energy until his retirement on December 31, 2013.  He also served as Duke Energy's president and CEO from April 2006 until July 1, 2013. Jim became president and CEO of Duke Energy following the merger between Duke Energy and Cinergy in 2006. Before the merger, he served as Cinergy's chairman and CEO for more than 11 years. Prior to the formation of Cinergy, he joined PSI Energy in 1988 as the company's chairman, president and CEO.


During his 25 years as a CEO in the utility industry, Jim engineered a series of acquisitions and mergers creating the largest electric utility in the U.S., as measured by market capitalization.  Also, he delivered an average annual shareholder return of more than 12 percent by focusing on sustainable growth during his tenures as CEO.  He also owned and/or operated assets in 17 countries in Africa, South Asia, Europe, and Central and Latin America. Under Jim's leadership, Duke Energy was recognized as a leader in sustainability. In 2010 and 2011, the company was named to the elite Dow Jones Sustainability World Index; it has been a part of the Dow Jones Sustainability Index for North America for the past nine years.


In 2013, Jim was awarded the Edison Electric Institute’s Distinguished Leadership Award by his industry peers in recognition of his 25 years of service and exemplary contributions to the electric utility industry. The Alliance to Save Energy honored Jim with its Lifetime Achievement Award.


Prior to becoming a CEO, Rogers served as deputy general counsel for litigation and enforcement for the Federal Energy Regulatory Commission (FERC); executive vice president of interstate pipelines for the Enron Gas Pipeline Group; and as a partner in the Washington, D.C., law office of Akin Gump Strauss Hauer & Feld. Jim has also served as assistant to the chief trial counsel at FERC; as a law clerk for the Supreme Court of Kentucky; and as assistant attorney general for the Commonwealth of Kentucky, where he advocated for the state's consumers in gas, electric and telephone rate cases. Jim was also a reporter for the Lexington (Kentucky) Herald-Leader for three years.


In the course of his career, Jim has served on the boards of directors of eight Fortune 500 companies, and is currently a director of Cigna Corp. and Applied Materials Inc. In 2010 and 2011, he was named by the National Association of Corporate Directors' Directorship magazine to its annual Directorship 100, recognizing the most influential people in corporate governance. Rogers also serves on the boards of the Aspen Institute, Brookings Institute, Duke University's Nicholas Institute for Environmental Policy Solutions, The Nature Conservancy and Asia Society.  He also serves on a number of advisory boards including Bloomberg’s Clean Energy Finance Group.  Jim is also a lifetime member of the Council on Foreign Relations.


Jim has been recognized as an outspoken and accessible voice for business, earning the reputation as a "CEO Statesman." In 2009, Newsweek named him one of "The 50 Most Powerful People in the World." He has testified more than 20 times before U.S. Congressional Committees, and addressed international forums including the United Nations General Assembly, the World Economic Forum and the Clinton Global Initiative.


Jim has advocated investing in energy efficiency, modernizing the electric infrastructure, and pursuing advanced technologies and nuclear energy to grow the economy and transition to a low-carbon future. He serves as vice chairman of the World Business Council for Sustainable Development and is a member of the global board of directors of The Nature Conservancy. Rogers was also a founding member of the U.S. Climate Action Partnership, a collaboration of leading businesses and environmental groups that came together to call on the federal government to enact legislation to reduce greenhouse gas emissions.


In the U.S., he was chairman of the Edison Electric Institute (EEI) when it changed its position to support federal climate change legislation in 2007. He served on the executive committee of EEI. He was also the founding chairman of the Institute for Electric Efficiency, former co-chair and current board member of the Alliance to Save Energy and past co-chair of the National Action Plan for Energy Efficiency.  He was a former member of the Boards of the Institute of Nuclear Power Operations and the World Association of Nuclear Operators.


Jim has been honored with various awards and recognition. He is the 2013 recipient of the United States Energy Association Award. He was named the most influential person in the power generation industry by Power Engineering magazine and the energy industry's CEO of the Year by Platts. He was also named to the STEMconnector® List of 100 CEO Leaders in STEM (Science, Technology, Engineering and Math). In 2011, he was presented with the Ernst & Young Entrepreneur of the Year® Lifetime Achievement Award; and the Charlotte Regional Partnership Jerry Award. The Charlotte Business Journal also named Rogers its Business Person of the Year for 2011.


In 2011, Jim received the Asia Society of Washington's International Business Leadership Award and the Committee of 100's Business Excellence Award for his efforts to improve business relations between the U.S. and China that benefit customers, the environment, and improve dialogue between the two nations. He was also recognized by the U.S.-China Policy Foundation with their Global Executive Leadership Award. Later the same year, the Asia Society elected Jim to serve a four-year term on the organization's board of trustees.


Jim is an active community leader and has received a number of honors and awards for his service including the Boy Scouts of America Distinguished Honoree from the Mecklenburg County Council; the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations (NECO); the 2006 Human Relations Award from the American Jewish Committee, Cincinnati Chapter; the 2005 Ronald McDonald House Lifetime Achievement Award; the 2005 Keystone Center Leadership in Industry Award; the 2004 National Conference for the Community and Justice (NCCJ) Distinguished Service Citation; the 1998 Hebrew Union College Cincinnati Associates Tribute Honoree; and the 1996 Energy Daily Corporate Leadership Award.


Jim earned Bachelor of Business Administration and Juris Doctor degrees from the University of Kentucky, where he was a member of the Kentucky Law Journal and Beta Gamma Sigma National Honor Society.




Steven J. Provenzano

Former Managing Director for BP America Production Company

Steven has worked in the energy business for twenty-five years with an emphasis on energy trading, structured origination and commodity-linked finance. He has built successful businesses for large corporations, worked in senior management roles and serves on executive committees.  He has direct experience executing complex deals for customers, deciding significant commercial and infrastructure strategies and engaging in regulatory processes.  He departed BP after twelve years to enjoy time with his family, focus on non-profit activities and pursue his own commercial interests in structured energy finance.


At BP from 2003 to 2015, Steven served as the Chief Commercial Officer of Structured Products and held key BP leadership roles the for trading and marketing divisions.  BP Structured Products grew from two to thirty professionals managing 400 corporate customers throughout the Americas.  Structured Products executed large and innovative structures throughout the energy spectrum and was consistently recognized by energy risk magazine, Mastiogale & Company and Greenwich Associates as an industry leader. Steven guided BP Energy Company to become the first non-financial institution to register as a Swap Dealer under Dodd-Frank regulations in 2013.  Other duties also included managing the Quantitative Analytics, Power Origination and Structuring teams.


Prior to BP, Steven lead the natural gas and power origination business at AEP Energy Services. From 1993 to 2001, Mr. Provenzano was a Director at Bankers Trust and Deutsche Bank, where he gained experience as a derivatives trader and commodity-linked finance originator.  He was a member of the Bankers Trust team that established the risk management business unit for Shell Trading.  Early in his career, he gained experience in energy operations, logistics and accounting for MG Energy and Phibro Energy.


Steven has a Bachelor of Arts degree in Economics from Yale University where he was a member of the football team.  He serves as a Trustee for the Galveston Bay Foundation, is an Executive Board member for The Monarch School and Institute and is a member of River Oaks Baptist School Athletic Committee.   He resides in Houston with his wife and three children.



Sylvia Munson

CEO, Contents Under Pressure

Sylvia has worked in the natural gas industry for more than 30 years. With a background in chemistry and computer science, her primary role has been as a consultant helping companies meet regulatory requirements and implement technology solutions for natural gas. Sylvia has worked in production, gathering, midstream, intrastate, interstate, and local distribution companies. During this time, she has worked in IT, Regulatory Affairs, Marketing, Sales and, Training. She has contributed writing to several energy publications and has been interviewed by several energy-trade publications.


Sylvia has participated in the North American Energy Standards Board (NAESB) since its inception, serving on the Board of Directors and Executive Committee, as the chair of multiple subcommittees, teaching standards classes, and writing standards. She is currently serving on the Board of Directors.


Sylvia has taught the principles of natural gas transportation and the associated regulatory processes in four countries - Canada, Mexico, India and the United States. She continues to teach and consult on regulatory implementations.


Sylvia is the author of Contents Under Pressure: The Complete Handbook of Natural Gas Transportation (2015).


Ms. Munson has also participated in a congressional study on the Internet as one of the US Critical Infrastructures during President Clinton’s administration. She has served as an expert witness for software technology and software implementation related court cases.


Sylvia loves the gas industry, and is proud to be a part of the work that she has done.


Aquilon in the News

May 10, 2017


Energy Risk names Aquilon’s Energy Settlement Network “Innovation of the Year”

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Imagine a World Without Energy Settlement Risk

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February 1, 2017


Aquilon Energy Services raises $19 million during Series B financing round

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Aquilon Energy Services, Inc. named One of CIO Review's 20 Most Promising Energy Technology Solution Providers for 2015

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Aquilon Energy Services, Inc. named One of CIO Review's 20 Most Promising Energy Technology Solution Providers for 2014

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March 5, 2015


Aquilon Energy Services, Inc. Opens Houston Service Center

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Company Headquarters:

1001 Warrenville Road, Suite 255

Lisle, Illinois 60532

Phone Number

888 943 0340


Email Address

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Energy Settlement Network

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Contact Information

Aquilon Energy Services, Inc.

ESN™ settles wholesale energy commodities with all your counterparties on an industry standard platform.

Perform your ISO settlements and reconciliation with all your ISOs

Houston Office:

808 Travis Street, Suite 400

Houston, Texas  77002


The industry standard platform built with input from Aquilon's Energy Industry Advisors.

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