(Source: Shutterstock.com)
Former Vistra Corp. CEO Curt Morgan has been appointed as a senior adviser infrastructure investment firm ArcLight Capital Partners.
Morgan will work with various ArcLight portfolio companies as well as assist in identifying new investment opportunities across the U.S., the company said in a news release.
“He brings to ArcLight decades of experience, having managed one of the leading integrated publicly traded power companies. Together, we will continue to advance our value-add infrastructure strategy focused on the electrification value chain,” said Dan Revers, ArcLight managing partner.
At Vistra, Morgan helped establish Vistra as a power and energy transition leader while transforming it from a single-state provider into one of the largest power producers and retailers in the country.
“As a pioneer and established leader in power and renewable infrastructure investing, I believe ArcLight is well positioned to capitalize on the electrification mega trend and need for sustainable energy that will help power our nation’s future,” Morgan said. “I look forward to helping ArcLight continue to grow, identify new investment opportunities, and drive value from its investment portfolio.”
Recommended Reading
Oxy CEO Sheds Light on Powder River Basin Sale to Anschutz
2024-11-14 - Occidental is selling non-core assets in the Lower 48 as it works to reduce debt from a $12 billion Permian Basin acquisition.
Vital, NOG Close $1.1B Acquisition of Delaware Basin’s Point Energy
2024-09-23 - Point Energy Partners, backed by Vortus Investments Advisors, sold its Delaware Basin acreage at 40,000 boe/d of production to Vital Energy and Northern Oil and Gas for $1.1 billion.
Alliance Adds Mineral Interests to Its Permian-weighted Portfolio
2024-10-28 - Alliance Resource Partners reported purchasing about $10.5 million of mineral assets in the third quarter.
Chevron Sells Canadian Oil Sands, Duvernay Shale Assets for $6.5B
2024-10-07 - Chevron said the divestitures are part of its plans to sell $10 billion to $15 billion worth of assets by 2028 following the company’s acquisition of Hess Corp. for $53 billion.
Report: ConocoPhillips Shopping Delaware Basin Assets for $1B Sale
2024-10-30 - ConocoPhillips has laid out a $2 billion divestiture campaign to reduce debt from a blockbuster acquisition of Marathon Oil.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.