Don Daigler will be tasked to lead CenterPoint Energy's yearly work in preparation for, response to and recovery from all emergencies, which includes both natural disasters and man-made events. Photo via CenterPoint Energy/LinkedIn

CenterPoint Energy announced the hiring of industry veteran Don Daigler as the new senior vice president of CenterPoint’s Emergency Preparedness and Response.

Daigler will be tasked to lead the company’s yearly work in preparation for, response to and recovery from all emergencies, which includes both natural disasters and man-made events. Daigler and his team will coordinate with all public safety partners.

“I’m pleased to join CenterPoint Energy and lead its Emergency Preparedness and Response team to transform how we prepare, mitigate and respond to the impacts of hurricanes, extreme weather and other emergencies,” Daigler says in a news release. ”The year-round work of our team will help position CenterPoint to deliver the service our customers expect and deserve before, during and after emergencies when the need is greatest.”

He brings over 40 years of experience across private and public sectors in emergency management, and national security and business resiliency. Daigler most recently was the CEO and founder of Resilience Advisory Services, which specialized in advancing resilience efforts across critical infrastructure sectors. He also served as director of the Federal Emergency Management Agency’s Response Planning Division and chief of FEMA’s Tactical Incident Support Branch. Daigler also had leadership roles for the Environmental Protection Agency , National Nuclear Security Administration, and Reynolds Electrical and Engineering Company.

This leadership position “underscores CenterPoint’s commitment to improving its emergency response and coordination following Hurricane Beryl, and represents completing another of the more than 40 commitments CenterPoint made as part of the Greater Houston Resiliency Initiative (GHRI) in August,” according to CenterPoint. CenterPoint completed 41 of the 42 overall commitments. The last commitment is scheduled to be completed by the end of 2024.

“After Hurricane Beryl, we heard loud and clear the calls to improve our preparedness for storms and other emergencies,” President and CEO of CenterPoint Energy Jason Wells adds. “Don will play a leading role in enhancing these operations ahead of the 2025 hurricane season and making CenterPoint a model for other utilities in emergency management and preparedness. His hiring underscores our commitment to better serve our customers in the energy capital of the world and building the most resilient coastal grid in the country.”

Stafford-based Microvast named Yaser Ali as CFO. Photo via LinkedIn

Houston area battery company names new C-level leader

new hire

Houston-based battery technology innovation company, Microvast Holdings, announced the appointment of Yaser Ali as CFO. This is part of Microvast's efforts to strengthen its executive leadership team.

Ali most recently served as CFO of Vision Technologies since August 2022. He also previously held leadership finance roles at companies such as BayWa-R.E Solar and GreenFox Services. He was also a Regional Finance Controller at Amazon.

“I’m happy to share that I’m starting a new position as Chief Financial Officer at Microvast,” Ali said on his LinkedIn. ”Renowned for its cutting-edge cell technology and vertical integration capabilities, Microvast covers core battery chemistry to modules and packs, serving markets such as electric vehicles, energy storage, and battery components.”

Microvast considers itself a leader in the innovation and technology of lithium-ion batteries through the design, development, and manufacture of premier battery cells, modules, and packs for transportation, heavy equipment, and utility-scale energy storage systems.

The Staffford-based Microvast has also recently drawn $12 million from a $25 million secured debt facility provided by the company's founder, chairman, and CEO Yang Wu. The move helps streamline operations, including workforce reductions and consolidations within its U.S. battery division.

Recently, Microvast celebrated four years supplying its high-performance battery packs to eversum mobility solutions GmbH ("eVersum”), which helps support the company’s goals of electrification of next-generation autonomous eShuttle buses from eVersum. The batteries helped enhance “the accessibility and convenience of eShuttle buses while maintaining high performance and efficiency” according to a news release.

Microvast, which is headquartered just southwest of Houston in Stafford, has a market capitalization of $125.16 million, according to InvestingPro.

Weil, Gotshal & Manges announced infrastructure lawyer Jacqui Bogucki has returned to the firm. Photo via weil.com

Global law firm names partner to build growing infrastructure, energy transition business

new hire

An international law firm has named a new partner in the Houston office to help build its growing infrastructure and energy transition capabilities

Weil, Gotshal & Manges announced infrastructure lawyer Jacqui Bogucki has returned to the firm.

"Jacqui will be an extremely valuable addition to our growing Houston team,” says Weil Executive Partner Barry Wolf in a news release. “Her significant infrastructure experience – including in the digital sector – and strong relationships with leading investment professionals will help to advance our fast-growing infrastructure and energy transition capabilities, and will be an immediate value-add to our clients globally.”

She will advise private equity sponsors and strategic clients on a wide range of corporate transactions. Her focus will include infrastructure, digital, technology, energy transition, and oil and gas sectors. Previously, Bogucki was a partner in the Mergers & Acquisitions practice at Simpson Thacher & Bartlett LLP. Her previous stint at Weil was from 2014 through 2018.

“I am so pleased to have the opportunity to return to Weil, where I began my legal career,” says Bogucki in a news release. “It is an incredibly exciting time to be joining the Firm as it further builds out its infrastructure and energy transition capabilities. I look forward to reconnecting with former colleagues and leveraging my experience to provide the highest quality service to our clients.”

Since 2023, notable energy partners Omar Samji, Chris Bennett, Cody Carper, and Irina Tsveklova have joined Weil in Houston – with Steven Lorch joining in New York just last month.

Pulakesh Mukherjee, partner at Imperative Ventures, which specializes in hard tech decarbonization startups, will bring his unique experience to Halliburton Labs' network. Photo via LinkedIn

Halliburton Labs names Bay Area investor to advisory board

all aboard

Halliburton Labs has announced its newest advisory board member — a San Francisco-based venture capital investor.

Pulakesh Mukherjee, partner at Imperative Ventures, which specializes in hard tech decarbonization startups, will bring his unique experience to Halliburton Labs' network.

"We are pleased to welcome Pulakesh as we help emerging companies achieve scale and growth. Pulakesh brings strong expertise and an expansive network throughout the early-stage energy and climate tech ecosystem. We look forward to his guidance to catalyze increased collaboration among innovators, investors, and industry," Managing Director Dale Winger says in a news release.

Mukherjee, who co-founded his firm, previously worked on energy, agriculture, chemical, and industrial deals for BASF Venture Capital

Mukherjee joins Jeff Miller, Reggie DesRoches, John Grotzinger, Jennifer Holmgren, Maynard Holt, Walter Isaacson, and Dale Winger on the Advisory Board, according to Halliburton's news release.

Halliburton Labs, a wholly owned subsidiary of Halliburton Company (NYSE: HAL), has supported energy tech startups since its inception in 2020. Its next pitch day is March 14 in New Orleans, which will also be streamed live.

Scott Gale, executive director of Halliburton Labs, recently joined the Houston Innovators Podcast to discuss Halliburton Labs' mission and commitment to the community.

Top Houston banker Stephen Trauber has joined publicly traded investment bank Moelis & Co. Image via Shutterstock

Firm hires top Houston-based energy banker to grow energy transition team

new hire

Houston energy dealmaker Stephen Trauber has been tapped as chairman and global head of the energy and clean technology business at publicly traded investment bank Moelis & Co.

In 2010, The Wall Street Journal called Trauber “one of the best-connected energy bankers in Houston.”

Trauber comes to New York City-based Moelis from Citi, where he recently retired as vice chairman and global co-head of natural resources and clean energy transition. Before that, he was vice chairman and global head of energy at UBS Investment Bank, where he worked with Ken Moelis, who’s now chairman and CEO of Moelis.

“The global energy ecosystem is undergoing major consolidation and change,” Trauber says in a Moelis news release. “I look forward to actively participating in its strategic evolution and working with so many of our clients that are evaluating how best to create value during this period of transformation.”

In conjunction with Trauber’s hiring, Guggenheim Securities executives Muhammad Laghari and Alexander Burpee are joining Moelis as managing directors in Houston. They’ll work with upstream and midstream oil and gas clients. Laghari and Burpee previously were colleagues of Trauber at Citi.

During his career, Trauber has advised on more than $700 billion in energy deals, including mergers, acquisitions, and IPOs. Among the industry heavyweights involved in those deals were BP, Halliburton, Kinder Morgan, Nabors, Occidental Petroleum, Schlumberger, Shell, and Weatherford International.

“Steve is a recognized leader in the industry who has played a key role in many of the energy sector’s landmark transactions,” says Navid Mahmoodzadegan, co-founder and co-president of Moelis.

Three years ago, Trauber made waves when Spring-based ExxonMobil

rejected his pitch “to commit to a target for net-zero emissions even after shareholders staged a revolt over the company’s climate policy,” Bloomberg reported at the time.

Last year, Trauber joined the board of directors of Houston-based NEXT Renewable Fuels, the board of directors of Houston-based ASEAN Energy, and the M&A and transactions advisory board of London-based professional services giant Aon.

The three new hires at Moelis follow the September 2023 launch of its Clean Technology Group. Arash Nazhad of Houston is co-leader of the group.

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Fervo promotes strategy leader to COO as flagship geothermal project nears launch

new leader

Houston geothermal unicorn Fervo Energy has named Sarah Jewett as its new COO.

Jewett steps into the role as the company prepares for its flagship Cape Station geothermal project to deliver its first power later this year.

Jewett joined Fervo in 2020 as director of strategy and most recently served as the company's senior vice president of strategy. She spoke with HETI on the potential of geothermal energy in 2024.

Before Fervo, Jewett served as senior director of corporate development for Houston-based Select Energy Services. She ran hydraulic fracturing crews for Schlumberger in the Permian Basin and Alaska's North Slope early in her career.

In the COO role, Jewett is tasked with creating "the centralized infrastructure required to execute on what the company believes is the most significant commercial opportunity for clean, firm power in history," according to a company release.

“What Sarah has built over the last six years has been foundational to the company’s success. From the time she joined, she has brought an unwavering people-first mindset and outstanding dedication to building things that last,” Tim Latimer, CEO and co-founder of Fervo, added in the release. “As we move into the next phase of our growth, there is no better person to lead the operating core of this company.”

Jewett holds an MBA from Harvard Business School and a bachelor's degree in mechanical engineering from Dartmouth College.

Fervo announced the addition of four heavyweights to its board of directors this spring, including Meg Whitman, former CEO of eBay, Hewlett-Packard, and Spring-based HPE. Shortly after, the company filed for its highly anticipated $1 billion-plus IPO. Read more here.

UH study finds Gulf Coast best positioned for emerging carbon removal technology

coastal impact

The Gulf Coast is an ideal spot for deploying a new ocean-based carbon removal technology that uses seawater to capture and store carbon dioxide, according to a new study from the University of Houston.

The study was led by UH Cullen College of Engineering Professor Mim Rahimi and published in Nature’s Communications Sustainability journal. Abdelrahman Refaie, a PhD student at UH, authored the paper. It aimed to develop a plan for implementing an electrochemical marine carbon dioxide removal (e-mCDR) technology that treats seawater to increase the ocean’s ability to absorb and store carbon dioxide from the air.

Currently, oceans absorb about 30 percent of human-produced carbon dioxide emissions each year, according to UH, making it a great natural resource for carbon removal.

The team at UH scouted and analyzed 38 coastal facilities across the U.S.—including power plants, desalination plants, and liquefied natural gas (LNG) terminals—before determining the Gulf Coast as an attractive option. The South Hub, or the Gulf Coast along Texas and Louisiana, ranked the top-performing area for the technology due to the industrial infrastructure, affordable electricity, hydrogen transportation and storage networks.

Other regions like California and the Northeast also scored well due to their clean energy mix and carbon removal potential, according to UH.

“The South hub has one of the highest diversity factors between power plants, desalination and LNG,” Refaie said in a news release. “That means if, logistically, down the road LNG is not open for this implementation, then we have another option in the area. It reduces the risk factor.”

UH says the findings show how companies could commercialize the technology, which could boost coastal economies.

“The question we had wasn’t technical, rather, it was logistical in regard to implementation down the road,” Rahimi said. “This would be a roadmap if a company or the government wants to utilize this technology.”

Rahimi aims to increase awareness about e-mCDR technology and its potential impact. He recently discussed the ocean-centric carbon removal work with members of Congress in March at the Carbon to Sea’s 2026 Hill Day.

“I think faculty at the University of Houston can do more of this kind of work,” Rahimi said in a separate release. “Meeting with Members of Congress gives us a chance to help policymakers better understand the science and engineering happening at our university. That kind of engagement is an important part of moving new technologies forward. It also shows how the work we do on campus can have a real impact on communities beyond the university.”