Sustainable Infrastructure – Debt

Stuart Porter is a Founder, Managing Partner and serves as the firm’s Chief Executive Officer and Chief Investment Officer. Stu brings over 29 years of senior investment experience to Denham. Stu serves on the Investment Committee and Valuation Committee.

Prior to founding Denham, Stu was a founding partner of Sowood Capital Management LP and, prior thereto, was employed as a Vice President and Portfolio Manager at Harvard Management Company, Inc. where he focused on public and private transactions in the energy and commodities sectors. Stu previously worked for Bacon Investments and at J. Aron, a division of Goldman Sachs. While at J. Aron, he worked on the Goldman Sachs Commodity Index desk. Prior to joining J. Aron, Stu was a self-employed trader at the Chicago Board of Trade and was employed by Cargill Incorporated in Minnetonka, Minnesota in the Financial Markets Division.

Stu received a Bachelor of Arts from the University of Michigan and a Master of Business Administration degree from the University of Chicago Booth School of Business.

Scott Mackin is a Partner of Denham Capital and co-leads the firm’s Sustainable Infrastructure team.  Scott brings over 25 years of energy experience to Denham and is a member of the Investment Committee and Valuation Committee.  He currently serves on the Board of Directors of Ceiba Energy, Endeavor Energy, and Rio Energy and is a member of the Advisory Committee of Themis Energy.  Scott has been a frequent guest speaker at the London Business School and a Business Mentor for under-employed young people for The Prince’s Trust.

Denham has backed the successful development of numerous wind, solar, and other energy transition projects across the globe. Denham’s projects have won numerous awards including Reuters Project Finance International Asia-Pacific Power Euromoney Project Finance APAC Power Deal of the Year, and APAC Solar Deal of the Year, and European Solar Deal of the Year.

Prior to joining Denham, Scott was CEO of Covanta Energy Corporation, President of Ogden Energy, and General Counsel at Ogden Projects. He also was an Associate at Schnader, Harrison, Segal & Lewis and Law Clerk to the Hon. Daniel H. Huyett III, Federal District Court for the Eastern District of Pennsylvania.  Scott has a Juris Doctorate degree from University of Michigan Law School and a B.A., Honors Program, from Villanova University.

Justin DeAngelis is a Partner and co-leads the firm’s Sustainable Infrastructure investment efforts. Justin brings over 20 years of experience to the firm and is a member of the Investment and Valuation Committees. He currently serves on the Board of Directors of Endeavor Energy, Ceiba Energy, Greenleaf Power, subsidiaries of Rio Energy and is a member of the Advisory Committee of Themis Energy.

Justin is a member of Drexel University’s Alumni Board of Governors, the Advancement Committee for Mount Saint Mary Academy and is taking part in Columbia University’s World Projects Initiative. He is a member of the Millennium Challenge Corporation Advisory Council and a member of the Advisory Council for NASP-USAID Investment Partnership for “Mobilizing Institutional Investors to Develop Africa’s Infrastructure.”

Prior to joining Denham, Justin was a Director at Waypoint Energy and worked as a Manager at Pace Global Energy and PG&E National Energy Group, after serving as an Engineer at Delmarva Power.

Justin received a Bachelor of Science in Mechanical Engineering from Drexel University and a Master of Business Administration from LeBow College of Business at Drexel University.

Jorge Camiña is a Partner and Head of Sustainable Infrastructure Credit. Jorge brings over 20 years experience in project finance and investment management, having held senior positions at both Allianz Global Investors and Santander Corporate & Investment Banking.

In his most recent role, as Director of Infrastructure Debt at Allianz Global Investors since 2016, Mr. Camiña was responsible for the origination, structuring and execution of Infrastructure Debt investments in the Americas. Jorge also executed in 2018 the launch of the infrastructure debt strategy in Latin America, resulting in the firm becoming the leading institutional private infrastructure debt investor in the region from 2018 to 2020. He led the execution of a strategic shift towards renewable power across US and Latin America, investing in infrastructure debt for over three gigawatts of solar and wind assets. He was also member of the Infrastructure Debt investment committee overseeing transactions globally.

Jorge received a Bachelor of Science in Business Administration by Deusto Business School in Spain.

Alberto Garcia is a Managing Director in Denham Capital’s Sustainable Infrastructure Credit platform. He brings over 20 years of financial services experience, having held several management positions within the Santander Group and Capital One Financial Corp., both in the US and Spain.

In his most recent role, as Managing Director within Santander’s Corporate and Investment Banking division in New York, he was the Head of Power & Renewables Project Finance. In that role, he led a team responsible for all deal origination, structuring and execution of energy related non-recourse financings and advisory services. In 2021, he led the financial advisory mandate for the $2.4 Bn financing of Vineyard Wind I, an 800 MW offshore wind plant being built off the Massachusetts coast to be the first large-scale offshore wind farm in the US.

Alberto received a MS in Telecommunication Engineering from Universidad Politécnica de Madrid and an MBA from IESE Business School.

Sabine Chalopin is the Head of ESG, Sustainable Infrastructure and is responsible for screening, managing, and monitoring investments for environmental and social risks and opportunities. She brings 16 years of ESG experience in the infrastructure sector to the firm and is part of GRESB’s Expert Resources Group.

Prior to joining Denham, she was the ESG Manager at Armstrong Asset Management in Singapore where she implemented an Environmental and Social Management System and managed projects for environmental and social compliance in Southeast Asia. Prior to Armstrong Asset Management, Sabine was with Kyoto Energy (Singapore) where she was responsible for business development.

She holds an MSc in Environmental Technology from Imperial College London and a BCom in Business Studies from Edinburgh University. Sabine has recently completed a course with Berkeley Law and Ceres on ESG and Navigating the Board’s Role.

Ms. Voronova joins Denham Capital from Siemens Financial Services, where she held senior positions in project and structured finance, specializing in conventional power, oil and gas and renewable energy for the Americas, and where she managed a multi-billion-dollar credit portfolio covering US, Canada and Latin America. She brings 15 years of experience in banking and structured finance. Before Siemens Financial Services she held several positions at Credit Agricole Corporate and Investment Banking. With extensive knowledge of both debt financing and the broader energy sector, Ms. Voronova will play an instrumental role in accelerating the growth of Denham Capital’s Sustainable Infrastructure Credit Platform – launched earlier this year with a $2 billion commitment from Aflac Global Investments.

Franklin Goldszer is an Associate, responsible for financial modeling, execution and monitoring of investments in the Sustainable Infrastructure Credit team.

Prior to joining Denham in 2021, Franklin was an investment banking analyst in the Power, Utilities and Infrastructure group of Jefferies LLC.

Franklin received a Bachelor of Arts degree with majors in Economics and Psychology from Dartmouth College. He graduated cum laude.

Prior to joining Denham Capital, Nick was an Associate with the Renewable & Asset Finance team at Wells Fargo. He has a broad range of experience across construction and asset finance, holdco and corporate financings, debt private placements, acquisition financings and warehouse credit facilities. Nick has been involved in all aspects of these deals including origination, structuring, diligence, financial modeling and syndication. In total, Nick has worked on more than 7,500 MW of utility and commercial scale solar, solar plus storage, wind and natural gas projects.

Nick received a Bachelor of Science in Business Administration in Finance with a minor in Accounting from the University of Denver.