Shantel
Key Takeaways
- Renovo Resources announces the appointment of Nosh Irani as the new Chief Financial Officer.
- Irani brings extensive experience from the infrastructure and private equity sectors.
- His expertise will fast-track Renovo’s growth and aid in providing sustainable produced water management solutions.
A New Chapter for Renovo Resources
In a significant move towards its vision of providing turnkey produced water treatment solutions, Renovo Resources (“Renovo”) has announced the appointment of Nosh Irani as the new Chief Financial Officer (CFO). Renovo, a portfolio company of Tailwater Capital LLC (“Tailwater”), is a leading North American company in its field and is ready to harness Irani’s extensive experience to further its growth trajectory.
As CFO at Renovo, Irani will have oversight of the finance and accounting functions and will be instrumental in driving project development and execution. His arrival marks a new chapter in Renovo’s story of growth and innovation.
Nosh Irani: A Finance Leader and Innovator
Nosh Irani is a seasoned finance executive, with more than 15 years of experience in infrastructure and private equity investing. His wide-ranging expertise extends to deal sourcing, transaction evaluation and execution, financings, and portfolio management across sectors such as water, energy, transportation, and mixed-use infrastructure.
“I’m honored to step into the role of CFO at Renovo. They have built an incredible team and I am excited to work with talented people across a rapidly growing platform,” shared Irani. “We will continue to benefit our key stakeholders by facilitating sustainable management of produced water and creating new sources of clean, reliable freshwater. I look forward to working with Renovo Management and am thrilled to serve in the role of CFO.”
Empowering Renovo’s Growth Strategy
Renovo’s growth strategy will benefit immensely from Irani’s vast experience. His robust knowledge of produced water, energy, and midstream sectors is expected to fast-track Renovo’s development.
“We are delighted to have Nosh join the Renovo Management Team. Nosh brings strong project finance experience and a robust knowledge of produced water – energy – midstream sectors that will fast-track Renovo’s growth,” said Lnsp (Naggs) Nagghappan, CEO of Renovo. “With Tailwater’s support, Renovo will continue to provide safe, reliable, and sustainable solutions for our customers and Nosh’s expertise will accelerate the development of greenfield-produced water treatment projects for beneficial reuse to serve the growing water management needs of our customers.”
About Renovo Resources and Tailwater Capital
Founded in 2022, Renovo Resources is an asset development company providing turnkey solutions for the beneficial reuse of produced water from upstream oil & gas exploration and production operations. With financial backing from Tailwater Capital and strong partners for technology and services, Renovo aims to provide reliable alternate solutions for the treatment and disposal of produced water. More about Renovo is available at https://renovoresources.com/.
Dallas-based Tailwater Capital is a private equity firm specializing in energy and growth infrastructure. Since its inception, Tailwater has raised over $4.4 billion in committed capital and executed more than 100 transactions, representing over $23 billion in value. It is known for its constructive collaboration with management teams to deliver value-added solutions. For more information, visit www.tailwatercapital.com.
The appointment of Nosh Irani as CFO is a major step forward for Renovo Resources, positioning the company to advance its growth strategy and commitment to sustainable water management. As Renovo continues to innovate within the industry, the expertise and leadership of Irani will be invaluable in realizing its objectives.
