Chris Sorrells Email and Phone Number
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Action-oriented investor/leader in the Sustainability industry with private and public company business experience. Involvement ranges from Private Equity Partner, C-level roles, investment banking, and Board (start-up to $2.6 billion in revenue). Core expertise identifying investment opportunities, via control and minority structures, in both public and private companies where leading Sustainability oriented platforms can be built by high quality management teams. Deal experience predominately in Sustainability but includes industrial service, business services, energy, media, technology and telecom. Reputation for generating unique ideas via a high-quality deal sourcing network, understanding new industries quickly, understanding value chain and value creation, ethical decision-making and building long lasting relationships with management teams and co-investors. Understand the importance of being a fiduciary and timing of exit. Operational experience includes upgrading management teams, outlining strategic options to grow the business, enhancing profitability, improving culture, increasing accountability in sales/marketing, creating accountability metrics, and implementing best practices. Currently Chairman of Spring Valley II (NASDAQ: SVII), Board Member for NuScale Power (NYSE: SMR) and ENGlobal (NASDAQ: ENG) - previously Lead Independent Director of Renewable Energy Group (NASDAQ: REGI) and Spring Valley I (NASDAQ: SV). BA from Washington and Lee University, a Master of Accounting degree from the University of Southern California, and an MBA from the College of William and Mary. Member of Beta Gamma Sigma, an international honor society for business students.
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Chairman And Ceo Of Spring Valley Acquisition Corporation I And IiSpring Valley Acquisition Corporation Jun 2020 - PresentDallas, Texas, UsRaised $230 million in November 2020 IPO for SVI. Sponsors included Pearl Energy, NGP Energy Capital Management and management. Acquired NuScale Power for $1.875 billion on May 2022, the leading small modular nuclear reactor. Raised $345 million in PIPE and secondary sale via leading global strategic and financial investors. Redemptions were 37% vs industry average 85%+. Raised $230 million in October 2022 IPO for SVII. Sponsors included Pearl Energy, NGP Energy Capital Management and management. Our Team has decades of combined operating, investing and financing experience across both public and private markets. We have created some of the leading energy transition companies both in the public and private sector with significant revenue growth. We believe that this versatility of experience and complementary skills provide a competitive edge allowing us to identify a company that can become a publicly traded bellwether within its targeted markets. -
Board MemberEnglobal Aug 2021 - PresentHouston, Texas, UsENGlobal (Nasdaq: ENG) is a publicly traded multidisciplinary provider of high value engineered solutions, serving the energy and sustainability industries. Chairman of Compensation Committee and member of Audit and Nominating and Corporate Governance Committees. -
Board MemberNuscale Power May 2022 - May 2024Corvallis, Or, UsNuScale (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced nuclear small modular reactor (“SMR”). The company completed its merger with Spring Valley Acquisition Corporation May 2022 and became a publicly traded company. -
Lead Independent DirectorRenewable Energy Group, Inc. Nov 2008 - Jun 2022Ames, Iowa, UsLed the initial $100 million investment in Renewable Energy Group, which was created by three strategics (West Central Cooperative, Bunge, and ED&F Man) and two Private Equity firms (NGP Energy Technology Partners and Natural Gas Partners). Helped management team grow the biofuels business from approximately $30 million and $3 million to over $2.5+ billion and $350+ million of revenue and EBITDA, respectively via an organic and inorganic strategy. Company completed IPO in January 2012. Chairman of Compensation Committee, Vice Chairman 2016 to 2018, Lead Independent Director 12/2018 to 2022, and member of the Nominating/ESG and Audit Committees. Sold to Chevron for $3.15 billion in June 2022. -
Interim Chief Executive OfficerWellsite Fishing & Rental Services, Llc Oct 2019 - Apr 2020Canonsburg, Pa, UsWellsite Fishing and Rental Services is a leading provider of drilling and completion rental equipment in the Marcellus region with offices in Louisiana, New Mexico and Pennsylvania. Portfolio company of NGP Energy Technology Partners. -
Chief Operating Officer And Board MemberGse Systems Aug 2015 - Sep 2019Columbia, Md, UsGSE is a leading provider of engineering, expert staffing, and simulation software to primarily customers in the nuclear power industry, largest source of carbon free base load power in United States. Portfolio company of NGP Energy Technology Partners. -
Operating PartnerNgp Energy Technology Partners 2015 - 2015Washington, Dc, Us -
Managing DirectorNgp Energy Technology Partners Sep 2005 - Dec 2014Washington, Dc, UsPartner in one of the leading Sustainability focused Private Equity funds focused on growth and control investments with ~$500 million invested in 30 portfolio companies . Fund affiliated with NGP Energy Capital Management, a $20+ billion energy investment platform which is partly owned by The Carlyle Group. Joined firm at formation and actively participated in all fund activities – raised institutional capital from blue chip LPs, sourced, negotiated, conducted diligence, and monitored portfolio companies. Either sourced and/or served on the Board of the following investments: Renewable Energy Group (NASDAQ – REGI), Power-One (NASDAQ – PWER, sold to ABB), Community Energy, Waste Resource Management, Living Earth ( sold to Bain Capital Double Impact Fund), ENGlobal (NASDAQ – ENG), Ultralife (NASDAQ – ULBI), GSE Systems (NASDAQ – GVP), groSolar (sold to EDF Renewable Energy) and Lehigh Technologies (sold to Michelin). -
Board MemberWaste Resource Management Aug 2014 - Dec 2014Sourced, negotiated, and led diligence for a $42 million commitment to a liquid waste environmental services platform. Partnered with a strategic investor and Tom Van Weelden, the co-founder of Allied Waste who grew that business from $8 million in revenue to $2 billion in EBITDA over 10 years via 300 acquisitions. He was backed by TPG, Apollo and Blackstone and created the second largest solid waste company in North America. Plan is to execute a similar roll up strategy as Allied.
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Board ObserverCommunity Energy, Inc Oct 2010 - Dec 2014Radnor, Pa, UsPartnered with Brent Alderfer, Eric Blank, and SJF Ventures, via a long standing personal relationship with David Kirkpatrick, to fund one of the leading US solar development teams. Grew platform to over 1.5 GWs of pipeline and from nominal EBITDA to over $60 million in 2015. -
Board MemberGrosolar Dec 2007 - Dec 2014groSolar is an industry leading solar developer and turnkey engineering, procurement, and construction provider for developers, financiers, utilities, commercial, government, and other institutional clients. Revenue increased ~100% during investment period and EBITDA improved from breakeven to ~8% EBITDA margin. Company sold to EDF Renewable Energy.
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Board MemberLiving Earth Sep 2011 - Sep 2013Living Earth Technology company is the largest recycler of organic material in Texas. Operating out of 21 facilities throughout Texas, Living Earth accepts, processes, and distributes approximately750,000 tons of organic material per annum, processing leaves, branches, shrubs and other organic material into mulches and composts for use by landscapers and the general public. Sold to Bain Capital Double Impact Fund.
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Board MemberLehigh Technologies 2007 - 2012Lehigh is the leader in the market place for Micronized Rubber Powders (MRP), a sustainable raw material that reduces feedstock costs by up to 50% and delivers performance without compromise across a wide range of markets. MRP replaces oil- and rubber-based feedstocks in a wide range of industrial and consumer applications, including high performance tires, plastics, consumer goods, coatings, sealants, construction materials and asphalt. Sold to Michelin in 2017.
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Vice PresidentClarity Partners 2003 - 2005UsOne of nine investment professionals for an $814 million private equity fund focused on technology, communications and media leveraged buyouts, recapitalizations and growth equity investments. Responsibilities include originating, screening, conducting due diligence, valuing, negotiating, and documenting investments within our targeted industries. -
Vice President And PrincipalBank Of America 1998 - 2002Charlotte, Nc, UsInvestment banker covering the energy, power and Sustainability industries, as well as brief stint covering IT service companies. Created and ran one of the first Sustainability investment banking practices on Wall Street -
AssociateSalomon Smith Barney Holdings Inc. (Nyse: Sb) 1996 - 1998New York, New York, UsInvestment banker covering the energy and power industries as well as some of the first Sustainability oriented companies. -
Summer AssociateSmith Barney Jun 1995 - Aug 1995Worked for Keith Mullins, a three time #1 ranked Institutional Investor “Emerging Growth Stock" Research Analyst. Developed my passion for micro and small cap stocks.
Chris Sorrells Skills
Chris Sorrells Education Details
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University Of Southern CaliforniaAccounting -
William & Mary – Raymond A. Mason School Of BusinessFinance -
Washington And Lee UniversityAnthropology
Frequently Asked Questions about Chris Sorrells
What company does Chris Sorrells work for?
Chris Sorrells works for Spring Valley Acquisition Corporation
What is Chris Sorrells's role at the current company?
Chris Sorrells's current role is Chairman and CEO of Spring Valley II.
What is Chris Sorrells's email address?
Chris Sorrells's email address is cs****@****ail.com
What is Chris Sorrells's direct phone number?
Chris Sorrells's direct phone number is +141097*****
What schools did Chris Sorrells attend?
Chris Sorrells attended University Of Southern California, William & Mary – Raymond A. Mason School Of Business, Washington And Lee University.
What are some of Chris Sorrells's interests?
Chris Sorrells has interest in Environment.
What skills is Chris Sorrells known for?
Chris Sorrells has skills like Private Equity, Mergers And Acquisitions, Renewable Energy, Energy, Due Diligence, Investment Banking, Corporate Development, Corporate Finance, Start Ups, Financial Modeling, Venture Capital, Growth Capital.
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