Pickering Energy Partners (PEP), a Houston-based energy financial services firm, recently launched its Energy Transition Advisory practice, which will build upon the momentum of PEP’s other offerings – including the growing market intelligence business (Insights), Consulting and Principal Investing practices – to deliver actionable opportunities for companies across the energy value chain.
The Energy Transition Advisory practice serves to connect Energy Transition companies with private capital and future monetization, operating as an investment bank with a vast network of opportunities. “With its deep investor relationships across the energy complex, PEP is uniquely positioned to help energy transition-focused companies navigate this new phase of energy by helping with early and late-stage capital raises, from early stage through series C and D, as well as private and public market exits,” said Dan Pickering, Chief Investment Officer at PEP.
Following record-breaking Energy Transition and ESG related investments in 2021, PEP anticipates a robust landscape in 2022. At the Independent Petroleum Association of America’s Private Capital Conference, Daniel Romito, PEP’s ESG Strategy and Integration Partner, said, “ESG now impacts all access to capital…your insurance, your banking and your equity, is all heavily influenced.”
PEP’s Energy Transition Advisory practice, led by Jason Martinez, will closely complement its ESG focus areas, creating more comprehensive, well-rounded business offerings. “The Energy Transition is more of a competitive consideration: how are you going to compete for capital in a decarbonizing world?” Martinez said. “ESG is the strategic consideration that impacts the capital you will have access to, the partners who will work with you, and the companies that can acquire you.”
With more than 25 years of experience in the energy industry, Martinez will serve as an investment banker, bringing unique perspective and expertise transforming companies across the energy value chain. His client and deal work spans more than a dozen countries and more than $100 billion of announced transactions, including mergers, acquisitions, divestitures, all forms of public and private capital raising, and commercial lending.
“With its track record, relationships and intellectual capital across the energy delivery value chain, Pickering Energy Partners is a game-changing firm at the center of transforming the future of energy, and I am excited to lead its Energy Transition Advisory practice,” Martinez said. Most recently, Martinez was Managing Partner at venture capital firm Tupper Lake Partners, focused on early-stage energy and ESG-enabling technologies.
Walker Moody, President of PEP, said, “This announcement has been highly anticipated, and we look forward to continuing to expand our business offerings and expertise to provide more comprehensive counsel for clients growing in the energy space.”