Storegga appoints Brandon Rennet as CFO

Storegga, the independent UK company pioneering carbon reduction and removal for a net zero world, have announced the appointment of Brandon Rennet as CFO, with effect from 4 October.

Rennet brings over 20 years’ experience working on critical national infrastructure projects. Prior to joining Storegga, Rennet has been CFO of Thames Water, the UK’s largest water company. He also has 10 years’ of FTSE 100 experience at SSE plc in a range of senior finance roles, including managing director for finance (2013 - 2017).

Rennet’s early career included a secondment to the prime minister’s delivery unit in the cabinet office, a period in British Energy’s American acquisition team based in Philadelphia and Toronto, and corporate finance advisory roles in both energy & utilities and public private partnerships. He trained at Arthur Andersen where he qualified as a chartered accountant.

Nick Cooper, CEO Storegga said: “It is terrific to welcome Brandon to Storegga. He brings a highly relevant, complimentary skill-set to the Storegga management team as we move into the next phase of the Acorn Project and of our portfolio expansion. It is testament to the importance of our task and to the opportunities ahead of Storegga that we continue to attract such top talent.”

Brandon Rennet, said: “I look forward to joining Storegga and to playing an active role to help the world to decarbonise. Storegga is pioneering CCS and Direct Air Capture both in the UK, but also overseas, and I believe my experience in finance, energy, regulated industries and infrastructure will be beneficial to the business as it grows.”