Withdrawn
Denham Sustainable Performance Acquisition Corp.
- Registration2021-03-05 Filed S1
- Withdrawn2022-03-14 Merger Withdrawn
- Raised
- $200M
- CIK
- 1848694
- SPAC Ticker
- DSPQ.U
- Focus
- Energy, Renewable Energy, Sustainability, Decarbonization, Materials, Technology
SPAC Team
Leadership
Stuart (“Stu”) Porter (Chairman/Director)
Stu Porter is the founder of Denham and serves as the firm’s Chief Executive Officer and Chief Investment Officer. He is a valuation committee and investment committee member. Stu brings almost three decades of senior investment experience to Denham. Prior to founding Denham, he was a founding partner of Sowood Capital Management LP and, prior thereto, was employed as a Vice President and Portfolio Manager at Harvard Management Company, Inc. where he focused on public and private transactions in the energy and commodities sectors. Stu began his career at the Chicago Board of Trade as an independent trader in the bond pit and after graduate school worked on the Goldman Sachs Commodities Index desk at J. Aron, the commodities division of Goldman Sachs. Stu serves as a director of Champion X (NASDAQ: CHX), including service on its audit committee. He received a Bachelor of Arts from the University of Michigan and a Master of Business Administration degree from the University of Chicago Booth School of Business. We believe that Mr. Porter’s broad transactional and investing experience in energy, energy infrastructure and renewables sectors make him well qualified to serve on our board of directors.
Jordan Marye (Chief Executive Officer and Director)
Jordan Marye is a Managing Partner of Denham. He joined Denham in 2006 and is a valuation committee and investment committee member. Prior to joining Denham, Jordan worked in the Global Energy Group of UBS Investment Bank and the Energy Practice of Huron Consulting Group. He currently serves on the Board of Directors of multiple Denham portfolio companies and previously served as a director of Comstock Resources (NYSE: CRK). Jordan received a Bachelor of Science from Louisiana State University. We believe that Mr. Marye’s broad transactional and investing experience across the energy value chain make him well qualified to serve on our board of directors.
James Obulaney (Chief Financial Officer and Director)
James Obulaney is a Managing Director of Denham. He is responsible for origination, analysis, structuring and monitoring of investments. He joined Denham in 2014 and brings 13 years of energy experience to the firm. Prior to joining Denham, he was a member of the Energy Private Equity Group at Avista Capital Partners and in the Global Energy Group at Morgan Stanley. He currently serves on the board of multiple Denham portfolio companies. James received a Bachelor of Science in Engineering from Texas A&M University. We believe that Mr. Obulaney’s considerable investment and financial experience in the energy sector make him well qualified to serve on our board of directors.
Saurabh Anand (Executive Vice President)
Saurabh Anand is a Managing Director of Denham. He is responsible for origination, analysis, structuring and monitoring of investments. He joined Denham in 2006, brings 18 years of energy experience to the firm and is an investment committee member. Prior to joining Denham, he was with GE Energy Financial Services focused on private equity and structured transactions in the global energy industry. He currently serves on the board of multiple Denham portfolio companies. Saurabh received a Bachelor of Engineering from Panjab University and a Masters of Business Administration equivalent from Indian Institute of Management Calcutta.
Our management team’s skills are complemented by our directors, who bring significant operating experience and relationships throughout the energy transition industry. In addition to Messrs. Porter, Marye and Obulaney, Xuan Yong, Dane Boysen and Thomas Lee have agreed to serve on our board of directors, upon the effectiveness of the registration statement of which this prospectus forms a part.
Xuan Yong (Director)
Xuan Yong is the Chief Executive Officer and co-founder of Workrise (formerly known as RigUp), the leading workforce management solution for skilled trades. He started the Austin-based company in 2014 after seeing an opportunity to solve the problem of labor market fragmentation in the energy and infrastructure industries. Workrise helps companies fill positions that require skilled workers with qualified contractors quickly and efficiently. The company has grown to be the largest marketplace and provider of skilled labor for clients across the renewables, oil & gas, construction, and defense industries. He is an industry leader advocating for the development of technicians and blue-collar workers through training and career progression opportunities to boost the industry and its standards. Prior to co-founding Workrise, he worked as an energy investor at various hedge funds, including Citadel and D.E. Shaw. Xuan began his career as an investment banking analyst at Goldman Sachs and holds a BBA in Finance from Texas A&M University. We believe Mr. Yong’s significant operational experience and experience as an energy investor makes him well qualified to serve on our board of directors.
Dr. Dane Boysen (Independent Director)
Dr. Dane Boysen has spent 20 years in clean energy at the intersection of entrepreneurship, technology, and innovation. In 2017, Dane founded Modular Chemical Inc. to help clients translate energy technology from laboratory innovation to market impact. He currently serves on the Leadership Council of Activate and the Board of Directors of Launch Alaska, non-profit organizations dedicated to supporting clean-tech entrepreneurs. He co-authored the 2019 National Academies report on “Negative Emissions Technologies and Reliable Sequestration: A Research Agenda.” From 2016 to 2018, Dane helped to stand-up Cyclotron Road at Lawrence Berkeley National Laboratory—an innovative new program designed to support the nation’s top energy innovators in commercializing their technology. From 2014 to 2016, he was the Executive Director for Research Operations at the Gas Technology in Institute, where he led a public-private initiative on modular chemical process development that resulted in the creation of the government-sponsored RAPID Institute. In the first Obama Administration, Dane served as a Program Director at the newly created Advanced Research Projects Agency-Energy (ARPA-E), where he managed a portfolio of the nation’s most cutting-edge energy technology R&D projects. Earlier in his career, Dane led the development of a new grid-scale battery technology at the Massachusetts Institute of Technology that resulted in the investor-backed company, Ambri, and co-founded the venture-backed fuel cell company, Superprotonic Inc. He has a Ph.D. and M.S. in Materials Science from the California Institute of Technology, holds 8 U.S. patents, and has authored over 30 peer-reviewed journal publications. We believe that Dr. Boysen’s wide-range of experience in research and development of clean energy technology as well as his history of creating and investing in businesses in the clean energy industry makes him well qualified to serve on our board of directors.
Thomas Lee (Independent Director)
Thomas Lee is a co-founder, Managing Partner and Head of Research at Fundstrat Global Advisors. He is a well-regarded strategist, focusing on both equity markets as well as emerging technologies. Thomas has over 25 years of experience in macro markets and equity research. Prior to co-founding the independent strategy research boutique, Fundstrat Global Advisors, he served as Chief Equity Strategist of J.P. Morgan Chase & Co. and had been at JPMorgan from 1999 through 2014. Prior to that, Thomas was a telecommunications equity research analyst and a small-cap equity and restructuring strategist working at firms like Kidder, Peabody and Salomon Smith Barney. He is a full-time contributor to CNBC and has been widely quoted in the media. He has been ranked consistently by Institutional Investors and held the #1, #2 and #3 position for 15 consecutive years (1998-2013). Thomas graduated from the University of Pennsylvania/Wharton School with a BSE in Economics and dual concentrations in Finance and Accounting. He is a CFA Charter holder. We believe Mr. Lee’s significant experience with public markets and high growth sectors makes him well qualified to serve on our board of directors.