Blackstone today announced the appointment of former Centrica CEO, Iain Conn, as a Senior Advisor for energy and sustainability investing. Conn will bring his deep knowledge of the energy sector, climate and sustainability to advise across the firm’s infrastructure and energy businesses.
Commenting on the appointment, Sean Klimczak, Global Head of Blackstone Infrastructure Partners said: “Iain’s knowledge of the energy sector will be invaluable as we invest in infrastructure that supports the energy transition toward a more sustainable, decarbonized future. We look forward to benefiting from Iain’s insights, which will better the firm and improve our portfolio for our investors.”
Iain Conn, former Centrica CEO, said: “I am honored to advise Blackstone. They are already investing in the energy transition and demonstrating leadership in tackling climate change by committing to reduce carbon emissions by 15% across all new investments where the firm controls energy usage. I’m excited to see what the future holds for the firm and the Blackstone portfolio.”
Read more at: Business Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.