Matthew Coeny is engaged in the development of large energy infrastructure projects, including hydrogen/ammonia production, dispatchable electricity generation, carbon-capture, carbon storage, carbon-dioxide pipelines, and enhanced oil recovery (EOR). As the senior officer covering finance, commercial, and governance, Matt is responsible for due diligence; business case development; financial modeling; funding alternatives (equity, debt, tax credits, and other government programs); engaging with the financial community, prospective strategic partners, and other stakeholders; and risk management.
Matt also leads the financial reporting, planning and analysis functions of Glenrock Energy, LLC (“Glenrock”). Based in Casper, Wyoming, Glenrock is engaged in the ownership, operation, and redevelopment of oil properties that are well-suited for permanent storage of captured carbon-dioxide via EOR and pure geological sequestration.
Prior to joining Glenrock in 2019, Matt worked for Citigroup Inc. (“Citi”) for 22 years, where he participated in the formation, growth, and management of Citi Private Equity (“CPE”) and built and co-led CPE’s energy investment practice. Matt successfully invested $1 billion throughout the energy value chain, including upstream production (oil, natural gas, and coal), power generation, midstream, utilities, services, and manufacturing. In addition to investing, Matt was responsible for recruiting and mentoring the investment team, financial reporting (the funds had over 6,000 limited partners across 25 investment vehicles located throughout the world), investor relations, establishing governance and controls, responding to heightened regulatory requirements, and serving on portfolio company boards and audit committees (including an S.E.C. registered portfolio company).
Matt began his career at KPMG, where he was a Senior Consultant in the Valuation & Appraisal practice.
Matt received a Bachelor of Science degree in Accounting & Finance from New York University. He currently serves as a director of The Jazz Gallery, a not-for-profit cultural center that supports the next generation of professional jazz musicians.