Warburg Pincus-Backed Viridi Energy Appoints CEO and CFO
Viridi Energy, a renewable natural gas (RNG) company that launched earlier this year with the backing of Warburg Pincus and Green Rock Energy Partners, has appointed Dan Crouse as Chief Executive Officer to guide the firm as it builds a leading energy platform of scale for developing RNG from landfill, dairy, and food waste feedstocks.
October 07, 2022. By News Bureau
Crouse, with a long, successful career in renewable natural gas, heads up a veteran team with more than 75 years of combined experience developing and operating energy assets.
He joins Viridi, which expects to break ground on several RNG development assets during the remainder of 2022, from Air Liquide, where he served as CEO of Air Liquide Advanced Technologies U.S. In that role, he oversaw all the firm’s RNG operations in the Americas. Crouse also brings experience from Keystone Renewable Energy, a closely held business focused on Biogas development where he was CEO.
"Viridi is in the unique position of helping to guide the transition away from higher-emission fuel by developing RNG in an environmentally and cost-friendly manner,” said Crouse. “I can’t think of a more experienced and talented team of energy leaders, with the expertise to work across all parts of the RNG value chain, than ours.”
With Crouse’s appointment, Andy Kelleher, who led Viridi in its inception, becomes executive chairman, as planned. In that role, Kelleher, who also serves as Managing Partner of Green Rock Energy Partners, will continue to help lead Viridi, along with other members of the founding management team.
Joining that management team will be Matthew Innamorati, who was appointed Viridi’s Chief Financial Officer. Innamorati comes to Viridi from Mettle Midstream Partners, where he was co-founding partner and Chief Executive Officer of the Pearl Energy and NGP-backed company that offers midstream infrastructure services to energy companies throughout North America.
Crouse and Innamorati round out Viridi’s management team, which already includes President Chet Benham, Executive Vice President (EVP) of Operations Matt Atkins EVP of Origination Jake Crouse, EVP of Development Dana Husnay, and EVP of Strategy and Marketing Bill Keller.
Viridi launched earlier this year with an approximately $320 million line of equity commitment led by Warburg Pincus, a leading global growth investor. The investment will allow Viridi to create a leading energy platform, at scale.
“Viridi is led by a management team that are pioneers in the RNG industry. With the addition of Daniel and Matthew, we are confident this talented group is exactly what’s needed to create a leading platform in the RNG space that will help facilitate the transition to a lower-emission future,” said Roy Ben-Dor, Managing Director, Warburg Pincus.
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