Elizaveta Malashenko

Senior Director
18+ years of experience in energy transition
Supports clients in energy transition, resilience and the clean energy space
Expertise in investment strategy, deal execution and operational excellence
Houston
@alvarezmarsal
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Elizaveta Malashenko is a Senior Director with Alvarez & Marsal Energy in New York. She specializes in supporting clients in energy transition, resilience and the clean energy space. Her primary areas of concentration are investment strategy, deal execution and operational excellence.

With more than 18 years of energy transition experience, Ms. Malashenko has driven innovation and change as a consultant and a regulator. Her notable assignments include leading multiple buy- and sell-side diligence efforts for acquisition of companies in the energy and sustainability space, including regulated utilities, utility service providers, customer energy management and V2G systems.

Ms. Malashenko has worked across a range of companies on performance improvement and operations transformation, with clients including major investor-owned utilities, utility O&M service providers, private equity-owned portfolio companies and many other companies in the electric power and natural gas value chain.

Prior to joining A&M, Ms. Malashenko spent more than three years with McKinsey & Co. in New York, where she was a Senior Expert and Associate Partner in the electric power and natural gas practice. She started her career in consulting, working on grid modernization and tech transformations in the energy and utilities practice at IBM.

Additionally, Ms. Malashenko spent more than eight years in the California state government, where she drove policy formulation on a wide range of topics in the energy and sustainability space. While at the California Public Utilities Commission, she led an organization of more than 350 engineers and inspectors performing audits and investigations of major safety/environmental incidents (San Bruno pipeline explosion, Aliso Canyon gas well failure and multiple wildfires, including Camp and Woolsey fires).

Ms. Malashenko earned a bachelor’s degree in economics and political science from the University of Pennsylvania and an MBA from the University of California, Los Angeles.

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