Former Vistra Corp. CEO Curt Morgan has been appointed as a senior adviser infrastructure investment firm ArcLight Capital Partners.
Morgan will work with various ArcLight portfolio companies as well as assist in identifying new investment opportunities across the U.S., the company said in a news release.
“He brings to ArcLight decades of experience, having managed one of the leading integrated publicly traded power companies. Together, we will continue to advance our value-add infrastructure strategy focused on the electrification value chain,” said Dan Revers, ArcLight managing partner.
At Vistra, Morgan helped establish Vistra as a power and energy transition leader while transforming it from a single-state provider into one of the largest power producers and retailers in the country.
“As a pioneer and established leader in power and renewable infrastructure investing, I believe ArcLight is well positioned to capitalize on the electrification mega trend and need for sustainable energy that will help power our nation’s future,” Morgan said. “I look forward to helping ArcLight continue to grow, identify new investment opportunities, and drive value from its investment portfolio.”
2023-11-27 - Prices tumbled midweek when OPEC+ postponed to Nov. 30 a ministerial meeting to iron out differences on production targets for African producers.
2023-11-15 - Brent prices slipped just under $82/bbl on Nov. 15, depressed by concerns about economic growth and demand, despite support from supply cuts by OPEC and its allies and conflict in the Middle East.
2023-11-30 - Saudi Arabia, Russia, Kuwait, Kazakhstan and Algeria were among producers who said cuts would be unwound gradually after the first quarter, market conditions permitting.
2023-10-23 - For the upcoming week, Stratas Advisors predicts upward pressure on oil prices unless de-escalation occurs between Israeli and Hamas forces.
2023-11-13 - For the upcoming week, Stratas Advisors forecast during the fourth quarter that oil demand will outpace supply by around 900,000 bbl/d.