To learn more, visit Global Reserve Group was established in 2012 by Jeffrey Harris following a 29-year career at Warburg Pincus. Quantum Energy Partners, founded in 1998, is a leading provider of private equity capital to the global energy industry, having managed together with its affiliates more than $17 billion in equity commitments since inception. Additionally, Orennia's board consists of industry veterans with unparalleled expertise in private equity, energy data and technology, and independent power production. Prior to Targa, Joe Bob was a senior executive at Reliant Energy.
Joe Bob Perkins, former CEO and chairman of Targa Resources, now chairs Orennia's board of directors. "We are thrilled to partner with Orennia and look forward to collaborating with Brook and team to build the preeminent provider of clean data and advanced analytics to the renewable power industry and its capital providers." "Orennia fills a critical market gap between thematic macro-level energy transition research and high-frequency power trading data to help capital allocators make better informed decisions," said James Wallis, Partner at NGP Energy Capital Management. "Orennia's strategy to provide consultative advice to its clients underpinned by comprehensive data and leading-edge analytics will make it a required resource for those participating in this space." "With trillions of dollars of future investment around the world supporting sustainability and renewable energy, Orennia is well-positioned to support operators, developers, investors, lenders, and regulators," said Jeffrey Harris, founder of Global Reserve Group. "We are thrilled with the support of our investors as well as our visionary early-adopter clients, both of which represent the most sophisticated investors in the space today." Orennia's high quality analytics and insights help teams uncover and execute investment decisions, build accurate valuation models, and develop new insights," said Brook Papau, chief executive officer of Orennia. "The energy transition represents the most prolific investment opportunity of our lifetime.
Our insights, curated by highly experienced industry experts, help investors in the renewable power sector accelerate their time-to-value and make confident investment decisions. Orennia's unique approach to objective insights begins with the aggregating and cleansing of massive amounts of commercial, engineering, pricing, transmission facilities and demand data. Orennia provides trusted commercial analytics to help inform investment and capital allocation decisions for investors taking advantage of this generational opportunity in renewable energy.