Joulent Strengthens Leadership Team, Naming Corey Grindal and Michael Wortley Co-Presidents and Appointing Grindal as COO and Wortley as CFO
Joulent, LLC ("Joulent" or the "Company"), a technology-driven energy company developing multi-gigawatt power infrastructure to meet the accelerating demands of American industry and innovation, today announced two key leadership appointments: Corey Grindal has been appointed Chief Operating Officer and Co-President, leading Joulent’s engineering, construction, and operations, and Michael Wortley has been appointed Chief Financial Officer and Co-President, overseeing the company’s financial strategy, planning, and capital formation.
Joulent Secures $1.75B Strategic Investment from National Grid to Accelerate Growth as Technology-Driven Energy Company Powering American Innovation
Joulent, LLC ("Joulent" or the "Company"), a technology-driven energy company developing multi-gigawatt power infrastructure to meet the accelerating demands of American industry and innovation, today announced that National Grid has agreed to a $1.75 billion strategic minority investment in the company. The investment strengthens Joulent’s ability to execute on its current multi-gigawatt project, advance its project pipeline and scale its capabilities.
Joulent Launches to Deliver Multi-Gigawatt Power Solutions for American Innovation
Joulent, LLC (“the Company” or “Joulent”) today announced its launch as a technology-driven energy company purpose-built to deliver reliable, multi-gigawatt power at the speed and scale demanded by the current pace of innovation. Founded and developed over three years by Engine No. 1 in strategic collaboration with GE Vernova, Joulent will provide reliable, continuous power engineered to meet the needs of American innovation.
