Times Union: Loudonville businessman partners with private equity to grow utility services firm

"Donohue, a former National Grid lineman from Loudonville who started his career at the company as a night janitor, founded his original electric utility contracting company, D&D Power, nearly two decades ago on a shoestring budget, purchasing the company’s first bucket truck with a credit card.

Donohue went on to be wildly successful. D&D Power, which did transmission and distribution line work for utilities up and down the eastern seaboard, was acquired by a Boston-area firm called BHI Energy in 2018 for an undisclosed amount...

The sale made a lot of money for Donohue and his family. It also kept him employed as he continued to serve as president of BHI’s D&D Power subsidiary for five years, during which time he had a noncompete agreement. Donohue moved on from funding the business with his credit card to working closely with [Pioneer] to finance his dreams."