FSSI

Unit Split

Fortistar Sustainable Solutions Corp.

Sponsors: FSSC Sponsor
Raised
$258M
CIK
1822862
Focus
Energy, Infrastructure, Sustainability
External link: SEC Filings

SPAC Team

Leadership

Mark S. Comora has served as our Chairman and a Director of our board of directors since our inception in August 2020. Mr. Comora is the Founder and President of Fortistar. Since taking Fortistar private in 1993, Mr. Comora has led Fortistar’s growth in the decarbonization of power generation, transportation fuels and industrial processes. Mr. Comora is the chairman of Fortistar’s management and investment committees and serves on the board of directors of several of Fortistar’s portfolio companies, including TruStar Energy, Primary Energy, Braven Environmental and Fortistar Methane Holdings. Mr. Comora is an officer and member of the board of directors of the American Museum of Fly Fishing and a past member of the board of directors of the Independent Power Producers of New York and of the Equipment Leasing Association and Leasing Foundation. Mr. Comora is a CPA and has an MBA from Columbia University and a BA from the University of Michigan.

We believe that Mr. Comora’s broad transactional experience in the power generation, energy infrastructure, carbon transition and renewables sectors make him well qualified to serve on our board of directors.

Nadeem Nisar has been our Chief Executive Officer and has served on our board of directors since our inception in August 2020. Mr. Nisar has been serving as a Managing Director of Fortistar since July 2008, where he serves as Co-Head of Fortistar’s Investment Team. Mr. Nisar is a member of Fortistar’s management and investment committees which oversees the operations of Fortistar’s portfolio companies. He also serves on the board of directors of several of Fortistar’s portfolio companies, including Fortistar Methane 3 Holdings LLC, TruStar Energy, Primary Energy, Carbonfree Chemicals LLC and Braven Environmental. Since joining Fortistar in July 2008, Mr. Nisar has been executing Fortistar’s successful long-term strategy of sponsoring control investments in large scale power generation and energy infrastructure companies as well as leading Fortistar’s growth equity investments in biofuels, carbon capture and circular economy sectors. Prior to Fortistar, Mr. Nisar was a member of Deutsche Bank AG’s Power & Utilities group and Credit Suisse’s M&A and Global Energy teams where he advised on $30 billion in M&A and $20 billion in financing transactions. Mr. Nisar has a BS in Electrical Engineering from Washington University and a BA in Physics and Economics from Ohio Wesleyan University.

We believe that Mr. Nisar’s long standing relationships and significant experience in the power generation, energy infrastructure, carbon transition and renewables sectors make him well qualified to serve on our board of directors.

Charles D. Bryceland has been our President since our inception in August 2020. Mr. Bryceland has been serving as a Managing Director at Fortistar since March 2020 and is a member of Fortistar’s management and investment committees. Mr. Bryceland is actively involved in the firm’s growth strategy and is responsible for originating and stewarding investments across Fortistar’s areas of focus. Mr. Bryceland has almost thirty years of financial services experience and has held several senior leadership roles in both large and small investment firms. He started his career as a McKinsey & Company, Inc. trained internal consultant at J.P. Morgan, Inc. and has acted as a banker, broker, investor and asset manager over his career. Most recently, Mr. Bryceland was a Managing Director at Bessemer Trust from January 2014 until March 2020, serving as the head of Alternative Investments. In this role, he was responsible for leading the firm’s $8 billion Private Equity, Real Asset, and Hedge Fund investment activities. Prior to joining Bessemer, Mr. Bryceland held several roles in financial services firms, including his own firm, The Bryceland Group, which provided outsourced CIO and investment banking services. Before that, he was a Managing Director for Bank of America Securities by way of the acquisition of Montgomery Securities LLC. He began his career at Morgan Guaranty Trust Company, legacy J.P. Morgan, Inc. Mr. Bryceland has a BA from Hamilton College.

Jonathan Maurer has been our Managing Director since our inception in August 2020. Mr. Maurer served as a Managing Director of Fortistar since October 1989, where he is Co-Head of Fortistar’s Investment Team. Mr. Maurer is a member of Fortistar’s management and investment committees and manages Fortistar’s renewable natural gas, landfill gas to power, and biomass energy companies. Mr. Maurer has been with Fortistar for over 30 years and previously was a commercial banker with JP Morgan Chase & Co. Mr. Maurer has an MBA from Columbia Business School and a BA from St. Lawrence University.

Scott Contino has been our Chief Financial Officer since our inception in August 2020. Mr. Contino serves as Chief Financial Officer of Fortistar where he is principally responsible for company-wide accounting, tax, and treasury matters. Mr. Contino manages Fortistar’s internal accounting group and insurance programs. Mr. Contino has been with Fortistar for over 20 years and has an MBA from INSEAD and a BS from Georgetown University.

Thomas J. Kelly has been our Secretary since our inception in August 2020. Mr. Kelly has served as General Counsel of Fortistar since September 2013. Prior to Fortistar, Mr. Kelly served as executive vice president, general counsel, and chief of staff to the New York Power Authority, the country’s largest public power organization. Mr. Kelly was also president of the New York State Environmental Facilities Corporation and consulted for the United States Agency for International Development. Mr. Kelly has been a practicing attorney for 30 years and has served on the boards of several private, municipal and not for profit organizations.

George Coyle has agreed to serve on our board of directors following the completion of this offering. Mr. Coyle is a co-Founder and has served as Managing Partner of Energy Innovation Capital (“EIC”) since February 2016, and he leads EIC’s Houston office. Prior to EIC, Mr. Coyle served as a Manager of ConocoPhillips Technology Ventures Investments (“ConocoPhilips”) from February 2011 until February 2016. Mr. Coyle currently serves as a Director of multiple venture capital-backed companies, including Streamline Innovations, Inc., RedEye Apps and Mission Secure, Inc. He is one of the longest-tenured venture capital investors in the energy technology industry, having previously co-founded and led three corporate venture capital groups: ConocoPhillips, Energy Technology Ventures and Chevron Technology Ventures. Mr. Coyle also served as the President and Chief Executive Officer of DeepFlex, Inc., a venture capital-backed energy technology company. He previously worked in Exploration & Production leadership roles at Chevron Corporation. Mr. Coyle holds an MBA from Tulane University, a MS in Geology (Geophysics Option) from the University of Kansas and a BS in Earth Sciences from the University of New Orleans.

We believe that Mr. Coyle’s experience in the energy technology industry and his leadership positions at several successful companies make him well qualified to serve on our board of directors.

Mark M. Little has agreed to serve on our board of directors following the completion of this offering. Dr. Little served as Senior Vice President, GE Global Research and Chief Technology Officer of General Electric Company (“GE”), a global digital industrial company, from 2005 until December 2015. Dr. Little joined GE in 1978 and held management positions in engineering and business during his 37-year tenure. In addition to his technology leadership, Dr. Little led several multi-billion dollar business units at GE, including GE Energy’s power-generation segment. Since October 2016, he has served as an Advisor to Energy Impact Partners, a strategic energy investment firm. Dr. Little also serves as a Director of Analog Devices, Inc., a position he has held since March 2017.

We believe that Dr. Little’s significant experience in executive positions at a public company and his leadership in the technology industry make him well qualified to serve on our board of directors.