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Leaders in Carbon Capture and Reliable Energy

Enchant is mitigating climate change by advancing safe and effective decarbonizing technology. Our leadership leverages decades of experience in the Energy space to ensure reliable, competitively priced low-carbon energy throughout the United Staes. Together, we work to produce sustainable climate energy solutions that have a positive impact on the communities we serve and beyond.

Decades of Experience Building Climate Solutions

Cindy A. Crane

Board Chair,
Enchant Energy Corporation

Cindy is the CEO PacifiCorp, a subsidiary of Berkshire Hathaway and was the founding CEO of Enchant. She has over 30 years of experience in utilities and mining encompassing 11,500 megawatts of generation capacity from a diverse mix of coal, natural gas, geothermal, hydro, wind, and solar in seven Western States. As CEO of PacifiCorp, she oversees the delivery of electricity service to 2.1 million customers and presides over the company’s two retail divisions: Pacific Power in Oregon, Washington and California, and Rocky Mountain Power in Utah, Wyoming and Idaho.

Cindy began her career at PacifiCorp in 1990, conducting due diligence and advising on mergers and acquisitions. Cindy was at the center of further mergers, acquisitions, and restructurings in the years that followed, helping guide the company as it became the largest grid operator in the West. As President and CEO of PacifiCorp’s Rocky Mountain Power division, she worked closely with state and local governments as well as private companies to develop greater renewable energy resources for customers, helping shape the future of energy in the Western U.S. Under Cindy, Rocky Mountain Power led the way in improving air quality by investing in emissions control infrastructure at thermal facilities, well before they were required by federal regulations. Additionally, during her tenure, the company developed its first five utility-owned wind projects in the state of Wyoming. Cindy retired from Rocky Mountain Power in 2018.

Cindy is the Founding Chair of the Salt Lake City, Utah Committee for the Games. She was honored with the ATHENA International Leadership Award in 2018 and was named Woman of the Year by Utah Business Magazine in 2019. Cindy also serves as the Chair of the University of Wyoming’s School of Energy Resources, which is dedicated to energy-driven economic development for the state of Wyoming. The institution is developing innovative new uses for coal in manufacturing and is home to the Nuclear Energy Research Center. The organization is also advancing programs related to carbon capture and storage, wind and hydrogen energy resources.

In 2023, as the electric power industry continued to face emerging challenges related to supply chains, shifting economic trends and growing extreme weather threats, Cindy returned to PacifiCorp as its CEO and has undertaken a wide-ranging program to help the company deliver results for its customers and communities while adapting to an evolving operational environment.

James J. Wolff

Chief Executive Officer

Jim has over 40 years of experience in the energy, mining and transportation industries, with a diverse background in finance, operations and business development. He possesses substantial IPO, M&A and divestitures experience with companies generating revenues between $300 million and $8 billion. In 2021, he joined Enchant as CFO and was appointed CEO in 2023.

Prior to Enchant, he was Executive VP of Insight Terminal Solutions; CFO of Bowie Resources, the largest Western Bituminous coal company where he led the $435 million purchase of three coal mines from Arch Coal, Inc. and $560 million recapitalization of Bowie; and CFO of U.S. Coal Corporation. Previously, he held senior executive positions with American Commercial Lines and CSX Corporation. He was a member of the Board of Directors of Colombia Energy Resources, a publicly traded coal company in Colombia.

Jim holds a Bachelor of Arts degree in Economics from the University of Texas and attended South Texas College of Law.

Robert Van Engelenhoven

Vice President of Operations and Development

Bob has over 35 years of experience planning and executing large scale power, clean energy, power, and battery storage projects. Previously he served as Project Development Director for PacifiCorp’s Renewable Energy Development Group.

Among Bob’s many achievements, he developed a 240-megawatt wind project in Montana and led PacifiCorp’s Energy Vision 2020, a $3.5 billion project adding more than 1,100 megawatts of new wind generation and a 150-mile, 500 kilovolt transmission line to PacifiCorp’s portfolio of assets. He managed five new natural gas-fired power projects and directed PacifiCorp’s Comprehensive Air Initiative, a system-wide, multi-year, $1.5 billion program that retrofitted emission controls across the entire PacifiCorp coal fleet. Bob was also Project Director for the $700 million, 650-megawatt combined cycle PacifiCorp Lake Side 2 power project.

Bob holds a Bachelor of Science degree in Civil Engineering from Iowa State University and is a licensed Professional Engineer in UT and WY.

Spencer B. Young

VP, General Counsel & Business Development

Spencer has over 18 years of experience practicing corporate and transactional law with top law firms and in-house legal departments. He has extensive experience in the areas of general corporate and contract law, mergers and acquisitions, construction and capital projects, lending and finance, regulatory compliance, energy, oil and gas, and mining. He also has additional experience with real estate, dispute settlement, litigation management, procurement and service agreements, private offerings, securities, and alternative dispute resolution.

Spencer Young received a Juris Doctorate from Columbia University, a degree in International Law from the Parker School of Foreign and Comparative Law, and a Bachelor of Arts degree in Russian from Brigham Young University.

Renée S. Grossman

Finance

Renée has over 30 years of finance, management, and business development experience, primarily in private equity and M&A for growth companies across a range of industries including mining, retail, consumer products, telecom, and business services.

Prior to Enchant, she was the founder, President and CEO of Hava Companies LLC, a vertically integrated cannabis company in Colorado. Previously, she was VP of Finance for Bowie Resources, the largest Western Bituminous coal company where she participated in the $435 million purchase of three coal mines from Arch Coal, Inc. and $560 million recapitalization of Bowie and a founding shareholder and Senior VP of Finance for Colombia Energy Resources, a publicly traded coal company in Colombia. From 2001‐2012, Renée provided investment banking and outsourced CFO services to growth companies through RSG Capital LLC. From 1989‐2001, she was an investment banking and private equity professional with several firms including Wasserstein Perella & Co., The Shattan Group, and Counsel Corporation, as well as a consultant for The Boston Consulting Group.

Shawn Reddington

Project Development

Shawn is a civil engineer with over 40 years of experience in multi-disciplined engineering, construction, and project management across various industrial sectors, including power generation (fossil fuels and renewables) and transmission, petroleum refinery, industrial process, materials handling, k-12/municipal facilities, and defense. Specific duties have included project management, construction management, project development, contract development and administration, project reporting, personnel management, safety, subcontracts, cost estimating, budgeting, cost tracking and forecasting, design review, change management, commissioning, project close-out, warranty administration, feasibility studies, scheduling, permitting, and right-of-way acquisition.

He was integral in the development of renewable energy projects for PacifiCorp and has managed the execution of construction contracts for more than 2000 megawatts of power generation and transmission projects for multiple utility companies. Shawn holds a Bachelor of Science degree in Civil Engineering from Oregon State University.

Lisa Coyne

Board Member

Lisa is the CFO of Gallagher Clean Energy, a subsidiary of Gallagher, a world leader in insurance brokerage, risk management, and HR and benefits consulting. She has oversight over various clean energy projects, including leading significant Income tax credit-generating initiatives and evaluates new and emerging clean energy technologies.

Prior to joining Gallagher Clean Energy, Lisa was Assistant Vice President in the tax department, responsible for all aspects of Gallagher’s Global tax footprint, with special emphasis on external tax accounting reporting, tax planning, integration of mergers and acquisitions and managing income tax credit projects. Previously, she was a Senior Manager at Deloitte where she served mainly large corporate clients. Lisa holds a Bachelor of Science in Business degree in Accounting from DePaul University.

Robert A. Davies

Board Member and Audit Committee Chair

Bob founded and built APS BioGroup, a manufacturer of specialty dairy proteins, which he sold to a private equity fund. Previously, he served as CFO of Favorite Brands International, a private equity-sponsored consolidator of candy companies that grew to become the fourth largest candy company in the U.S. Previously, he was Executive VP of Marketing and Administration and CFO for the Golden Cheese Company, which builds, owns, and manages the largest cheese plant in the world. He began his career as a consultant at Deloitte.

Bob holds a Master of Business Administration degree from University of California, Los Angeles and a Bachelor of Science degree in Industrial Engineering from Oregon State University.

Thomas S. Glanville

Vice Chairman of the Board

Tom is the Founder and Managing Partner of Eschelon Advisors, which provides energy and private equity investment and advisory services. He serves on the Boards of Crescent Pass Energy and Strand Energy, both Houston-based private oil and gas exploration and production companies.

From 2013-2020, Tom served as Chair of the Audit/Finance Committee of Itron, Inc, the world’s largest electric, gas, and water meter manufacturing, metering technology, and metering systems company. He remains a member of this committee and joined the board’s Governance Committee in May 2020. Tom holds a Master of Science degree in Mineral Economics from the Colorado School of Mines and a Bachelor of Arts degree in Economics from the University of Virginia.

Howard Matz

Board Member

Howard is a Managing Director of Derivee Power & Energy, a power and energy investment platform focused on mid-stage renewable generation development opportunities. He has over 35 years of experience in the energy infrastructure industry as a principal investor, lender, and financial advisor. Howard has executed over $8 billion of complex, acquisitions and asset-based capital market transactions for energy and infrastructure assets worldwide. He has expertise in renewable energy generation technologies and fuels, including anaerobic digesters, solar, waste-to-energy, hydro, geothermal, wind, and landfill gas.

Previously, Howard was a Managing Director and the head of Debt and Capital Markets at Abatis Capital, LLC, a private equity firm. Prior to Abatis, he was a Senior VP and head of Project Finance for Covanta Energy Group where he was responsible for arranging non-recourse infrastructure project financings for both green-field development and acquisition opportunities including the first financing for a base-load private power project and high voltage transmission line in Asia without any government guarantee and the first registered non-recourse bond financing in an emerging market.

Howard holds a Bachelor of Arts in Architecture degree and a Master of Building Sciences degree, both from Carnegie Mellon University. He also studied at the Graduate School of Business and the School of Urban and Public Affairs at Carnegie Mellon University.

Matthew Babcock

Board Member

Matthew is the Chief Commercial Officer at Navajo Transitional Energy Company (“NTEC”), the third largest coal producer in the U.S., which is wholly owned by the Navajo Nation. He has over 20 years of professional experience in sales and marketing, international trade, and logistics.

Matthew joined NTEC in 2019 as part of it’s acquisition of Cloud Peak Energy, where he managed international sales and logistics from 2013-2019. Previously, from 2008-2013, he held positions in business analysis, sales, and marketing for the Coal Business Group at Norfolk Southern Railway; multi-modal domestic and international cargo pricing and logistics for an international freight forwarder; and marketing for a software startup where he took part in building electronic market infrastructure to optimize supply chains for large commercial foodservice operations.

Matthew holds a Master of Business Administration degree and a Bachelor of Science in Business Administration degree in International Business and Economics from the University of Southern Mississippi.

Janet S. Zagorin

Board Member and Compensation Committee Chair

Janet has been a trailblazer building corporate programs that merge business strategy with environmental, social and governance (“ESG”) standards and implementing industry-leading public/private partnerships and corporate engagement programs. She has held leadership positions at Global 20 law firms, corporate enterprises, not-for profit boards, and private funds. In 2018 Janet founded Opal Strategies, LLC, a private consulting firm that provides strategic business and ESG advice to clients in professional services, technology, life sciences, venture capital, and family wealth investment. She is an active Board Member of several organizations, including Enchant, New York Cares, and the Am Yisrael Foundation, and a member of the National Association of Corporate Directors.

Janet earned a certificate in Corporate Sustainability from New York University Stern School of Business. She received the 2015 World of Difference Award from The International Alliance of Women, which “honored 100 women in the world who make a difference.”

Our Decarbonized Energy Principles

1

Mitigate climate change by advancing safe and effective decarbonizing technology

2

Ensure reliable, competitively priced, low emission energy

3

Preserve and create well-paying energy jobs

4

Catalyze sustainable development in the communities we serve

Large Scale Carbon Emissions Control

  • Founded in 2019 and motivated by the global need for sustainable low-carbon power generation necessary to meet climate change emissions goals
  • The company is led by experienced management with decades of experience in the power industry and low-carbon energy development
  • Enchant Energy is enabling carbon capture as a service, building a portfolio of large-scale carbon capture and sequestration (CCS) projects on existing power plants to enable significant carbon dioxide emissions reductions and ensure sustainable low-emissions electricity at scale, and yield strong investor returns