LanzaTech appoints Aura Cuellar as Executive Vice President of Growth and Strategic Projects
May 03 2023 - 8:00AM
LanzaTech Global, Inc. (Nasdaq: LNZA), an innovative carbon capture
and transformation company, today announced that Aura Cuellar has
joined as Executive Vice President of Growth and Strategic
Projects.
LanzaTech is pioneering a new circular carbon
economy. The company captures carbon emissions and pollution from
industries and uses a specialty microbe to convert them into the
building blocks used to make everyday materials, including
sustainable fuels, packaging, and textiles. This process patterns
after traditional refining methods but offers a way of refining
carbon that has already seen a primary use rather than processing
virgin fossil carbon.
The company has a strong project pipeline in
addition to three operating commercial scale plants and an
anticipated three more coming online before the end of 2023. In
October 2022, LanzaTech announced a strategic funding partnership
with Brookfield Renewable to build additional commercial
facilities. The funding will be provided through the Brookfield
Global Transition Fund (“BGTF”), which is the largest private fund
in the world focused on the energy transition. Brookfield is
LanzaTech’s preferred capital partner for project opportunities in
Europe and North America and following initial investments totaling
$500 million, Brookfield could commit to making an additional $500
million available for investments in the strategic partnership if
sufficient projects are available at the agreed milestones. With
the appointment of Cuellar, who has a record of running and
implementing large scale capital projects for the refining and
chemicals sectors, LanzaTech installs a global executive with
seasoned project management, construction, and commercial
negotiation experience to accelerate deployment of projects and
capital in partnership with Brookfield.
The creation of a team around Cuellar is
expected to fast track growth and bring additional revenue to the
newly listed company by accelerating capital deployment from
Brookfield.
Prior to joining LanzaTech, Aura Cuellar most
recently served as Vice President of Energy Transition for Shell in
the United States. Originally hired into an engineering position,
Cuellar advanced her 24+ year tenure at Shell across various senior
executive roles in downstream manufacturing. Cuellar brings a
proven successful track record of strategy development and
implementation, strategic commercial partnerships formation for
creating sustainable revenue pipelines, and management of an annual
capital projects portfolio of $500 million. Cuellar is passionate
about cultural transformation with a focus on innovation and social
equity. By working and living in Europe, Africa, Asia and North and
South America, Cuellar brings diverse perspective and appreciation
of global and regional approaches to successfully deliver capital
projects.
“Carbon transformation is at the forefront of
the energy transition, and I am delighted to be able to apply my
skills where capital deployment isn’t a barrier. We can fast track
commercial infrastructure projects thanks to this unique
partnership with Brookfield Renewable. Through this partnership,
LanzaTech has the potential to see carbon transformation meet the
scale needed for decarbonizing hard-to-abate sectors across the
economy. I am looking forward to working with our partners and
creating a team in which individuals are empowered and accountable
to deliver commercial results. Together we will bring new projects
to life and accelerate the energy transition through a profitable
decarbonization.”
“LanzaTech continues to set an example for
decarbonization, matching innovation with ambition,” said Natalie
Adomait, Managing Partner, and Chief Investment Officer of
Transition Investing. “With Aura at the helm of this infrastructure
initiative, we look forward to continuing the work Brookfield has
begun with LanzaTech on our journey toward a circular carbon
economy.”
“As the world’s first public carbon
transformation company, we are doubling down our efforts to
accelerate the commercial deployment of our technology,” said
Jennifer Holmgren CEO of LanzaTech. “We have found the right leader
in Aura and the right partner in Brookfield Renewables. Together we
can get more steel in the ground and start solving our carbon
emissions problem today. This is what the world needs us to
do.”
Cuellar also serves as Honorary Consul of the
Kingdom of The Netherlands in Houston where she contributes to
addressing the shared challenges of climate adaptation and
resilience, health and vitality, sustainable mobility, and the
energy transition. Originally from Colombia, Cuellar holds a
bachelor’s degree in Environmental and Civil Engineering from
Seattle University, an MBA from Western Washington University, and
recently finished Executive General Management studies at INSEAD
and Harvard’s Women on Boards Program.
About LanzaTech
Headquartered in Skokie, Ill., LanzaTech (Nasdaq: LNZA)
transforms waste carbon into materials such as sustainable fuels,
fabrics, packaging, and other products. Using a variety of waste
feedstocks, LanzaTech’s technology platform highlights a future
where consumers are not dependent on virgin fossil feedstocks for
everything in their daily lives. LanzaTech’s goal is to challenge
and change the way the world uses carbon, enabling a new circular
carbon economy where carbon is reused rather than wasted, skies and
oceans are kept clean, and pollution becomes a thing of the past.
For more LanzaTech visit https://lanzatech.com.
Forward-Looking Statements
This press release includes forward-looking statements regarding
LanzaTech based on the beliefs and assumptions of its management.
Although LanzaTech believes that its plans, intentions, and
expectations reflected in or suggested by these forward-looking
statements are reasonable, LanzaTech cannot assure you that it will
achieve or realize these plans, intentions, or expectations.
Forward-looking statements are inherently subject to risks,
uncertainties, and assumptions. You should not put undue reliance
on these statements, which speak only as of the date hereof.
LanzaTech undertakes no obligations to update or revise publicly
any forward-looking statements, whether because of new information,
future events or otherwise, except as required by law.
Contact Information
LanzaTechMedia ContactKit McDonnell, Director of
Communicationskit.mcdonnell@lanzatech.com
LanzaTechInvestor Relations ContactOmar El-Sharkawy, VP,
Corporate Developmentlanzatechir@icrinc.com
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