Solar developer TurningPoint Energy named Salar Naini as president and named former president Jared Schoch as chairman, the Denver-headquartered company said Jan. 9.
Naini, who previously served as executive vice president of business development for TurningPoint, will lead the company’s daily business operations. Schoch, who served as the company’s president for 10 years, will step into a board-only role, according to a news release.
The change is part of the company’s succession plan.
Before joining TurningPoint in 2016, Naini was principal at SolCom Energy and held finance roles at NRG Energy and SOLON Corp.
Throughout his career, Naini held business development and finance roles, successfully developing more than 2 gigawatts of solar projects, TurningPoint said in the release.
Recommended Reading
SM Energy Offers Senior Notes to Help Fund $2B XCL Resources’ Deal
2024-07-18 - SM Energy said it intends to use the net proceeds from the notes to fund its pending $2.04 billion purchase of XCL Resources.
Crescent, SilverBow Expect Eagle Ford Merger to Close July 30
2024-07-18 - Crescent Energy and SilverBow Resources expect their combination in the Eagle Ford Shale to close July 30.
WoodMac: Are MidEast, Asia NOCs Poised For M&A Resurgence?
2024-07-18 - International M&A spend by national oil companies (NOCs) has dwindled from nearly 50% to less than 5% today. But Wood Mackenzie researchers see NOCs playing a larger role in international M&A in the future.
Marketed: Delaware Basin AFE Interests Divestiture
2024-07-17 - Armstrong Energy Corp. and Slash Exploration have retained RedOaks Energy Advisors for a sale of certain wellbore-only AFE interests located in Lea County, New Mexico.
Diamondback’s Van’t Hof Plays Coy on Potential Delaware Divestiture
2024-05-16 - Diamondback Energy’s President and CFO Kaes Van't Hof also addressed new Permian exploration and the lack of “fun” dealing with the FTC on its deal to buy Endeavor Energy Resources.