Moe Hajabed
About Moe Hajabed
Chief Executive Officer at NRStor C&I
In 2016, Moe Hajabed founded NRStor C&I, carving out a significant presence in the energy storage sector. As CEO, he led the company to become the largest behind-the-meter energy storage developer, owner, and operator in Canada. Under his leadership, NRStor C&I successfully expanded into the U.S. market, further enhancing its footprint. Hajabed's strategic vision was pivotal in securing multiple rounds of capital from two major investors, underpinning the company's growth and development.
Groundbreaking Partnership with Honeywell
Moe Hajabed successfully negotiated a landmark partnership with Honeywell, establishing the largest commercial and industrial (C&I) battery storage deployment program globally. This partnership marked a significant milestone for NRStor C&I, reflecting Hajabed's capability to forge strategic alliances and drive innovation in the energy storage market.
Acquisition by Blackstone Energy Partners and Rebranding as Aypa Power
In 2020, under Moe Hajabed's leadership, NRStor C&I was successfully acquired by Blackstone Energy Partners. This acquisition led to the company's rebranding as Aypa Power. Hajabed's direction and strategic planning were crucial in navigating this major transition, allowing the company to continue its growth trajectory within the energy sector.
Senior Vice President at Active Energy
Before founding NRStor C&I, Moe Hajabed served as the Senior Vice President at Active Energy, a wholesale natural gas and electricity supplier. He initiated and led the company's commercial & industrial business, overseeing numerous successful acquisitions. Hajabed managed a multi-disciplinary team across various functions including trading, risk management, technology, operations, legal and regulatory, originations, sales, and back office.
Educational Background in Chemical Engineering
Moe Hajabed holds a BAS in Engineering Chemistry from Queen’s University, where he graduated with First Class Honors. He furthered his education with a Master's Degree in Chemical Engineering from McMaster University. His strong educational background in chemical engineering has provided a solid foundation for his professional achievements in the energy sector.