In addition to XMC’s Richard Walker, Gradient Geothermal’s, an XMC company that specializes in geothermal energy production, Chief Development Officer Jeremy Linzee and Magnuss’, a maritime shipping company in which XMC has a minority ownership stake, Chief Executive Officer James Rhodes will also address the conference’s attendees.
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–X Machina Capital Strategies (“XMC”), which acquires and develops transformational private investments in the energy sector, today announced that Richard Walker, the firm’s Chief Information Officer, will serve as a featured speaker at the Wall Street Green Summit in New York City tomorrow, March 18th. Specifically, Mr. Walker will discuss current strategic investment trends throughout the energy industry and emphasize the importance of leveraging sustainable technologies and techniques to extend the life of mature energy producing assets, at reduced carbon intensity that enhances the value of the assets.
In addition to Mr. Walker, Jeremy Linzee of Gradient Geothermal (“Gradient”), an XMC portfolio company that focuses on geothermal energy production derived from the heat extracted via existing oil and gas production infrastructure, and James Rhodes of Magnuss, a maritime shipping technology firm in which XMC has acquired a minority ownership stake, will also serve as featured speakers at the conference. Mr. Linzee and Mr. Rhodes will discuss how their companies are deploying innovative technologies to promote efficiency in sustainable energy production and international shipping, respectively.
The event, which is sponsored by XMC, Gradient, and Zefiro Methane Corp. (an XMC portfolio company), will be held at The Cornell Club in midtown Manhattan. The conference is a unique opportunity for energy sector innovators, thought leaders, and institutional investors to discuss opportunities throughout the industry that promote a more sustainable future.
XMC’s Chief Information Officer Richard Walker commented, “From enhancing the extraction of hydrocarbons using geothermal cooling and power generation to plugging and retiring oil and gas wells leaking toxic methane gas, XMC strives to provide forward-thinking market participants meaningful opportunities to invest in advancing a clean energy-powered economy. Wall Street Green Summit has long been a forum for energy sector innovators to help chart the course toward a more sustainable future, and I look forward to connecting with key stakeholders, sector influencers, and leading institutional investors at the conference.”
Gradient Geothermal’s Chief Development Officer Jeremy Linzee commented, “Now more than ever, government agencies and a wide array of commercial entities are seeking new ways to meet their modern energy needs in a sustainable manner. The clean, affordable geothermal energy that can help address this historic market demand is simply waiting to be unearthed, and I look forward to highlighting how Gradient can help more communities and private sector partners tap into this abundant, renewable power source.”
Magnuss’ Chairman, Chief Executive Officer, and Founder James Rhodes commented, “As fuel and supply chain-related prices continue to rise throughout the international marketplace, it has never been more important for companies that deliver the products we all depend on to pinpoint efficiencies in their maritime shipping operations. Magnuss’ patented, cutting-edge technology has the capacity to reduce fuel costs and emissions for the largest shipping companies in the world, and I appreciate the opportunity to return to Wall Street Green to highlight the company’s outsized potential impact.”
About XMC Strategies
XMC Strategies is an investment management firm that helps empower commercial entities that specialize in profitably transforming existing oil and gas assets into long-term, sustainable solutions. XMC portfolio companies include Zefiro Methane Corporation, a nationwide operation specializing in plugging orphaned and abandoned oil and gas wells and subsequently creating top-tier carbon offset opportunities, X Machina Sustainable Technologies, which provides technology development and operational expertise to renewable energy organizations, and Gradient Geothermal, a geothermal energy and technology developer.
About Gradient Geothermal
Gradient Geothermal, a geothermal energy and technology developer based in Denver, Colorado, strives to help power the energy transition by harnessing electrical power for mass-distribution from existing oil and gas production infrastructure. Gradient’s unique operational model positions the company as the only scalable commercial operation in the sector that specializes in this innovative form of geothermal energy production.
The company is a subsidiary of XMC Strategies, an investment management firm that helps empower commercial entities that specialize in profitably transforming existing oil and gas assets into long-term, sustainable solutions. The XMC family of companies includes Zefiro Methane Corporation, a nationwide operation specializing in plugging orphaned and abandoned oil and gas wells and subsequently creating top-tier carbon offset opportunities, and X Machina Sustainable Technologies, which provides technology development and operational expertise to renewable energy organizations.
About Magnuss
Magnuss is a maritime shipping technology firm that delivers onboard systems that reduce fuel consumption and emissions for today’s global shipping fleet. Within the suite of proprietary technologies to help firms manage fuel consumption resides the Magnuss VOSS™ (Vertically-variable Ocean Sail System). The Magnuss VOSS™ is a mechanical sail that converts wind into forward thrust thereby augmenting ship propulsion, and the company works with a diverse collection of private clients to design, implement, finance, and maximize value from production and installation of the Magnuss VOSS™.
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