Jennifer Powers and Reiner Boehning will head up a six-member team that has joined real assets firm Energy Capital Partners as partners to launch an energy credit business, a spokesman said in an email.
Ms. Powers and Mr. Boehning will also be co-managing partners of ECP's new energy credit arm, ECP ForeStar, which will provide debt to companies focused on climate transition, decarbonization and sustainable solutions. Combined with ECP's existing credit business, ECP ForeStar has $2.5 billion in initial capital to invest, a Wednesday news release said.
Prior to joining ECP, Ms. Powers and Mr. Boehning were managing directors at their own firm, Forsight Sustainable Capital, a private credit firm focused on lending to businesses focused on the energy transition. Before founding Forsight in 2022, the Ms. Powers and Mr. Boehning were partners at Global Infrastructure Partners until March of 2022.
Brittany Starck Pinkerton, formerly a managing director at Forsight Sustainable Capital, has also joined ECP ForeStar as a partner.
"We believe that the global economy is in the very early innings of a multi-decade sustainable credit investing opportunity and are thrilled to be working together with ECP to seize it," said Ms. Powers in the news release.
"We are establishing ECP ForeStar with the goal of being the go-to provider of sustainable credit solutions across the capital stack," said Mr. Boehning in the news release.
