alternative-energy
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The Firm That Says It Only Gets Paid When You Do
A Saint Paul private equity shop is betting that warehouses, refrigerated trucks and neighborhood restaurants - not startups - are where patient money still compounds. Its promise to investors is a structure where the firm wins only when they do.
Terry Kennon
Terry Kennon is a chemical engineer turned investment banker turned clean-energy builder who serves as Executive Vice President and Chief Technology Officer of Proteum Energy in Phoenix, Arizona. He took on the President role in March 2019 after roughly four years as CTO. With more than 30 years across chemical engineering, biofuels investment banking at J.P. Morgan, and renewable-energy entrepreneurship, Kennon now leads Proteum's patented technology that reforms renewable ethanol into low-cost, low-carbon hydrogen and 'designer fuels' - and turns wasted flare gas into usable product. He is a named inventor on the company's core patents and directs both its technology roadmap and its intellectual-property strategy.
Brian Bauer
Brian Bauer is the co-founder, president, and CEO of Resynergi, a Rohnert Park, California advanced-recycling company turning hard-to-recycle plastic into fuel and chemical feedstock with Continuous Microwave Assisted Pyrolysis (CMAP). A Stanford-trained mechanical engineer who spent 25 years in telecom and semiconductors, Bauer co-founded Resynergi in 2015 with longtime colleague Jason Tanne after a decade of conversations about green technology. His pitch: microwaves heat plastic roughly 10-20 times faster than conventional pyrolysis, in a modular system small enough to deploy near the waste itself. In 2025, a partnership with Lummus Technology brought Resynergi's modules to commercial availability.