Starwood Energy has promoted Himanshu Saxena to CEO. His appointment is effective immediately. Saxena, who has been with Starwood Energy for 10 years, was named co-head of the business in 2015.
GREENWICH, Conn., Nov. 1, 2017 /PRNewswire/ — Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that longtime executive Himanshu Saxena will be elevated to the position of CEO of Starwood Energy, effective immediately.
Mr. Saxena, who has a 10-year tenure with Starwood Energy, was named co-head of the business in 2015. During his tenure at Starwood Energy, he has led the acquisition and development of approximately 4,500 MW of power generation and transmission projects in North America, with aggregate enterprise value of approximately $5 billion. Brad Nordholm, the other co-head of the business, is becoming Vice Chairman of the organization, effective immediately.
“Our energy investment business has grown exponentially since its inception in 2005, and Himanshu has been instrumental in building the team and the investment platform to create value for our investors and our partners,” said Barry Sternlicht, chairman of Starwood Energy Group. “He has a level of intelligence and passion that trickle down throughout the organization and constantly motivate our team to push to new heights.”
“Himanshu is an inspiring leader, and very disciplined and astute investor,” noted Brad Nordholm. “This is a very natural leadership transition for the organization that positions Starwood Energy for ever-greater success in the future.”
Himanshu Saxena added, “It has been a great privilege to be a part of the Starwood Energy organization, and I am honored to be appointed CEO. Barry and the leadership team of Starwood Energy have built a phenomenal platform over the last 12 years, with a broad network of core investors and an impressive investment team. It will be my pleasure to continue to lead this business.”
About Starwood Energy Group Global, LLC
Starwood Energy Group is a private investment firm based in Greenwich, CT that specializes in energy infrastructure investments. Through its general opportunity funds Starwood Energy Infrastructure Fund I and II, and other affiliated investment vehicles, Starwood Energy Group manages total equity commitments in excess of $3 billion and has executed transactions totaling more than $6 billion in enterprise value. The Starwood Energy Group team brings extensive development, construction, operations, acquisition and financing expertise to its investments, with a focus on the natural gas and renewable power generation, and transmission sectors. Starwood Energy Group is an affiliate of Starwood Capital Group Global, L.P. Additional information about Starwood Energy Group as well as Starwood Capital Group can be found at www.starwoodenergygroup.com.