Justin Daniel Moers, managing director with Munich Re Reserve Risk Financing Inc., is today’s featured Forty Under 40 honoree.
Moers began his career as a public accountant for EY. After only one year as a staff auditor with the firm, he was trusted to supervise the execution of an audit involving a public oil and gas company, which he said generally requires three years of experience.
In 2015, Moers joined Munich Re Reserve Risk Financing as the small E&P credit business was starting up and has helped lead its marketing efforts to make a name for the firm. To date, he has helped lead its marketing efforts to make a name for the firm, leading structuring and execution on behalf of Munich in the successful closing of nearly $1 billion in E&P financing.
“I joined Munich Re in 2015 to join a nucleus of individuals seeking to launch an E&P credit business,” he said. “It was an entirely new initiative, and we were under a lot of pressure not only to demonstrate the program’s viability but also to deliver results.”
“We started with just a few individuals and built out all the underwriting processes and methodologies and developed a go-to market strategy in what proved to be a transitional period for the industry and its traditional financing sources,” he continued. “There were certainly some missteps along the way, but I am very proud of what we’ve achieved to date and remain optimistic with respect to the future of the program.”
Click here for Justin Daniel Moers’ complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Exxon Mobil Advances Massive Hydrogen Plant with Contract Award
2023-01-30 - As part of the Houston area Gulf Coast project, Exxon said it intends to capture and permanently store about 7 million metric tons of CO2 annually.
Occidental Lands Federal Funding for Geothermal Project
2022-12-14 - Occidental’s project and another led by Geysers Power Co. could improve drilling rates by at least 25% and ultimately lower costs, according to the U.S. Energy Department.
Chevron, Baseload Capital Form Geothermal JV
2022-12-14 - Chevron and Baseload’s first project will be in Nevada’s Esmeralda County.
Financing Agreement Signed Between MCG, SMI to Develop Ijen Geothermal Power Plant
2023-01-12 - Medco Cahaya Geothermal and Sarana Multi Infrastruktur support the development of the first geothermal power plant in the East Java province.
Energy Transition in Motion (Week of Jan. 6, 2023): Advancing Projects, Investment
2023-01-08 - Here’s a look at some of this week’s renewable energy news.