Editor's note: As the year comes to a close, EnergyCapital is looking back at the year's top stories in Houston energy transition. From new board seats to internal promotions, this year marked a big one for some of Houston's energy leaders. Here were the top five most-read articles covering the mover and shaker news of 2023 — be sure to click through to read the full story.
Global consulting firm names new Houston energy practice leader
Alvarez & Marsal announced the appointment of Jay Johnson as senior adviser to its energy practice. Photo via alvarezandmarsal.com
A top global professional services firm named a Houston-based energy leader amid industry evolution and regulatory changes.
Alvarez & Marsal, or A&M, announced the appointment of Jay Johnson as senior adviser to its energy practice.
“I enjoy bringing together teams of people to solve the complex challenges facing companies today,” Johnson says in a news release. “I’m looking forward to working with A&M’s energy team to build leadership and capabilities to address industry challenges.”
Houston carbon storage solutions company names new energy transition leader at pivotal time of growth
Graham Payne, the new director of energy transition at Caliche Development Partners II, is bullish on Houston. Photo courtesy
Graham Payne sees a bright future for the multibillion-dollar energy transition economy in Houston.
“It’s been said that Houston is poised, like no other city, to lead the energy transition. And I’d have to agree, because we have all the requisite natural resources, industry, and talent,” says Payne, the new director of energy transition at Houston-based carbon capture, utilization, and storage (CCUS) company Caliche Development Partners II.
Caliche and other Houston-based energy transition companies secured $6.1 billion in private funding last year, up 62 percent from 2022, according to the Greater Houston Partnership.
Investment banking firm launches cleantech group, names Houston-based co-leader
Moelis hired Arash Nazhad as Houston-based managing director and co-head of its newly formed clean energy technology group. Photo via rice.edu
A Houston investment banker has been tapped as co-leader of a new team at investment bank Moelis & Co. that will mine the energy sector for cleantech deals.
Publicly traded Moelis said September 7 that it hired Arash Nazhad as Houston-based managing director and co-head of its newly formed clean energy technology group. Nazhad joins Moelis from financial services giant Citigroup, where he was managing director of its clean energy investment team. He worked at Citigroup for nine years.
During his tenure at Citigroup and, before that, Norwegian energy company Equinor (which operates a Houston office), Nazhad helped carry out more than $50 billion in M&A advisory activities and helped raise over $40 billion in capital for clients. He’s been involved in the rollout of more than 20 IPOs.
Houston energy transition leader joins California company's board with investment
Bobby Tudor has joined the board of an energy tech company. Photo via Houston.org
A Houston business leader has taken a seat at the table of a San Francisco-based tech company.
Puloli, an IoT solutions-as-a-service company has announced an investment from, Artemis Energy Partners, a Houston group founded by Bobby Tudor. The terms of the deal were not disclosed.
With the transaction, Tudor joins Puloli's board of directors, bringing expertise from a storied career in energy transition from his roles at Tudor Pickering Holt & Co. and the Greater Houston Partnership.
"Bobby brings a tremendous amount of credibility and energy industry insight to Puloli and complements what Jodi Jahic and Aligned Partners bring to Puloli," Kethees Ketheesan, CEO of Puloli, says in a news release. "Bobby's endorsement of Puloli solution will be a big boost in accelerating our growth."
Energy exec to take the reins of the Greater Houston Partnership
Steve Kean will transition from leading Kinder Morgan to assuming the role of president and CEO of the Greater Houston Partnership later this year. Photo courtesy of the GHP
A longtime energy executive has been named the next president and CEO of the Greater Houston Partnership. He'll take on the new role this fall.
The GHP named Steve Kean, who currently serves as the CEO of Kinder Morgan Inc., to the position. He's expected to transition from CEO to board of directors member at Kinder Morgan on August 1. Kean will then assume his new position at GHP no later than Dec. 1.
Dr. Marc L. Boom, GHP board chair and president and CEO of Houston Methodist, made the announcement at a press conference June 21.
“Steve brings incredible business acumen and leadership skills to the organization," Boom says in a statement. "Coupled with an extraordinary passion for Houston, he will build on the Partnership’s momentum to continue to advance greater Houston as a region of extraordinary growth and opportunity.”