Building a better tomorrow

About

Spring Valley Acquisition Corp. is a publicly traded special purpose acquisition corporation with a focus on acquiring a $1+/- billion enterprise value company in the sustainability industry. Our objective is to acquire a privately held business that can benefit from our financial acumen, operational expertise and industry network to grow into a leading publicly traded bellwether.  We plan to leverage our team’s unique experience and partnership approach to investing to create a growth plan for a target company that delivers superior shareholder value.

Executive
Team

Christopher D. Sorrells, CEO & Director

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20+ years of investing experience across the sustainability industry as well as C-level operating roles. 

Christopher D. Sorrells has served as a Founder, Chief Executive Officer and member of our Board since September 2020.  Mr. Sorrells started working on sustainability transactions in 1996 and has spent the last 24 years helping grow sustainability companies from start-up to leading publicly traded bellwethers in their respective sectors.  He has been involved in over 30 investments in the sustainability sector and served on 11 company boards including 3 public companies.  Currently Mr. Sorrells sits on the board of Renewable Energy Group (Nasdaq: REGI) as Lead Independent Director & Chairman of the Compensation Committee and helped grow the company from a start-up to ~$3 billion in annual revenue resulting in an IPO in 2012.  From 2015 to 2020, Mr. Sorrells worked to grow and optimize two NGP Energy Technology Partners portfolio companies as Interim Chief Executive Officer of Wellsite Fishing & Rental Services and the Chief Operating Officer of publicly traded GSE Systems (Nasdaq: GVP), an engineering and expert staffing company focused in the nuclear power industry, the largest source of carbon free baseload power.  From 2005 to 2015, he served as Managing Director and Operating Partner at NGP Energy Technology Partners, one of the first dedicated private equity firms focused on sustainability investing.  From 2003 to 2005, Mr. Sorrells worked at Clarity Partners, a private equity firm, focused on growth and LBO transactions.  Mr. Sorrells served as a Principal, Vice President and Senior Associate with Banc of America Securities from 1998 to 2002 covering energy, power and sustainability companies and as an Associate with Salomon Smith Barney from 1996 to 1998.  Mr. Sorrells holds an M.B.A. from the College of William and Mary, a Master of Accounting degree from the University of Southern California, and a B.A. from Washington and Lee University.

Jeffrey B. Schramm, Chief Financial Officer

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+20 years of executive finance experience in advanced materials and specialty chemicals.

Jeffrey Schramm serves as our Chief Financial Officer. Mr. Schramm has over 20 years of leadership, finance and operations experience in advanced materials and specialty chemical organizations with a deep understanding of the sustainability industry having worked with some of the leading venture capital and private equity funds such as Kleiner Perkins, Index Ventures and NGP Energy Technology Partners.  Previously, Mr. Schramm served as Chief Financial Officer at Lehigh Technologies, Inc. (“Lehigh”) from 2009 until 2019 where he was responsible for raising both debt and equity, as well as financial and administrative functions.  Mr. Schramm was instrumental in Lehigh’s sale to a publicly traded company and largest tire manufacturer in Europe, Michelin, as the key part of its sustainability initiative.  Prior to that, Mr. Schramm served as Vice President of Finance for Euramax International, Inc. (now OmniMax International, Inc.) in the Exterior Products & Fabral (fabrication) divisions from 2007 until 2009 where he managed a large multilocation team supporting revenues close to $1 billion annually. From 2000 to 2007, Mr. Schramm was with Kemira Chemicals, Inc. (formerly Vulcan Performance Chemicals) as head of Financial Planning & Analysis and North American CFO over the Pulp & Paper and Water Treatment specialty chemical businesses.  During his time at Kemira Chemicals, Inc., he was a key member of the acquisition team acquiring the Pulp & Paper chemicals business from Lanxess (LXS.DE) and the Pulp & Paper business from FinnChem USA.  In 1993 to 2000, Mr. Schramm began his career at Milliken & Company in various roles starting in Accounting, Controllership and later served as Financial Planning & Analysis Manager in Procurement.  Mr. Schramm earned a B.S. in Corporate Finance and Investment Management from the University of Alabama, and an M.B.A from LaGrange College.

Robert Kaplan, Vice President of Business Development

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20+ years of dedicated sustainability investment banking experience

Robert Kaplan has served as our Vice President of Business Development since September 2020. Mr. Kaplan has over 20 years of investment banking experience in the sustainability industry. Mr. Kaplan has been involved in over 60 transactions totaling approximately $6 billion in transaction value. Mr. Kaplan was most recently Managing Director of Clean Technologies / Renewables at Stifel Financial Corp. (“Stifel”). In this role, Mr. Kaplan was responsible for the firm’s capital markets and advisory services in various sustainability subsectors, including, clean energy, biofuels, energy storage, energy efficiency, mobility and environmental technologies. He joined Stifel in 2010 in connection with Stifel’s acquisition of Thomas Weisel Partners Group, Inc. (“TWP”) in 2010. Mr. Kaplan joined TWP in 2007 as a Vice President in the Technology investment banking group with a focus on sustainable technologies. Prior to joining TWP, Mr. Kaplan started his investment banking career at First Albany where he was a founding member of one of the first Sustainability focused banking franchise on Wall Street. During his tenure at First Albany, he completed many of the industry’s first public offerings in various sustainability subsectors, such as solar, alternative fuels, mobility, fuel cells and the smart grid. Mr. Kaplan serves on the board of directors of TWO NIL, LLC. Mr. Kaplan received a B.S. in Finance from Lehigh University and an M.B.A. from the NYU Stern School of Business.

Board
of Directors

Christopher D. Sorrells, CEO & Director

Read Christopher's bio >

20+ years of investing experience across the sustainability industry as well as C-level operating roles. 

Christopher D. Sorrells has served as a Founder, Chief Executive Officer and member of our Board since September 2020.  Mr. Sorrells started working on sustainability transactions in 1996 and has spent the last 24 years helping grow sustainability companies from start-up to leading publicly traded bellwethers in their respective sectors.  He has been involved in over 30 investments in the sustainability sector and served on 11 company boards including 3 public companies.  Currently Mr. Sorrells sits on the board of Renewable Energy Group (Nasdaq: REGI) as Lead Independent Director & Chairman of the Compensation Committee and helped grow the company from a start-up to ~$3 billion in annual revenue resulting in an IPO in 2012.  From 2015 to 2020, Mr. Sorrells worked to grow and optimize two NGP Energy Technology Partners portfolio companies as Interim Chief Executive Officer of Wellsite Fishing & Rental Services and the Chief Operating Officer of publicly traded GSE Systems (Nasdaq: GVP), an engineering and expert staffing company focused in the nuclear power industry, the largest source of carbon free baseload power.  From 2005 to 2015, he served as Managing Director and Operating Partner at NGP Energy Technology Partners, one of the first dedicated private equity firms focused on sustainability investing.  From 2003 to 2005, Mr. Sorrells worked at Clarity Partners, a private equity firm, focused on growth and LBO transactions.  Mr. Sorrells served as a Principal, Vice President and Senior Associate with Banc of America Securities from 1998 to 2002 covering energy, power and sustainability companies and as an Associate with Salomon Smith Barney from 1996 to 1998.  Mr. Sorrells holds an M.B.A. from the College of William and Mary, a Master of Accounting degree from the University of Southern California, and a B.A. from Washington and Lee University.

Billy Quinn, Chairman

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Mr. William J. Quinn has served as a member of our Board of Directors since November 2020.  Mr. Quinn is the founder and Managing Partner of Pearl Energy Investments (Pearl), a $1.2 billion private equity fund focused on energy. Prior to founding Pearl, Mr. Quinn served as Managing General Partner of Natural Gas Partners (NGP), a leading energy private equity fund with $20 billion of cumulative equity commitments.  In his capacity as Managing General Partner, he co-managed NGP’s investment portfolio and played an active role in the full range of NGP’s investment process including serving on the NGP Energy Technology Partners Investment Committee, one of the first private equity funds focused on sustainability, overseeing ~30 investments.  Early in his career, Mr. Quinn gained valuable investment experience working for Rainwater, Inc. and Hicks, Muse, Tate and Furst, Inc. He also worked as an analyst in the investment banking divisions of Bear Stearns & Co. and BT Securities Corporation. In addition to his investing activities, Mr. Quinn serves as a guest lecturer on private equity investing at Stanford University’s Graduate School of Business and the Wharton School of the University of Pennsylvania. He also sits on the Wharton School Board of Overseers. Mr. Quinn has a BSE from The Wharton School of the University of Pennsylvania and an MBA from Stanford University.

Rich Thompson, Director

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Mr. Richard Thompson has served as a member of our Board of Directors since November 2020. Mr. Thompson has over 35 years of international business experience in renewable energy, power electronics and semiconductors, including several billion dollar public exits in the sustainability sector (Power-One sold to ABB for ~$1 billion and American Power Conversion sold to Schneider Electric for $6.1 billion).  Currently, Mr. Thompson is a strategic adviser to Sumeru Equity Partners, a technology-focused private equity firm. From 2014 to 2016, he was Executive Chairman of AVI-SPL, a global leader in video communications.  From 2008 to October 2013, Mr. Thompson was President, Chief Executive Officer and a Director of Power-One, Inc. (NASDAQ: PWER), a leading provider of solar power inverters and power conversion solutions.  Prior to joining Power-One, Mr. Thompson was Chief Financial Officer of American Power Conversion Corporation (NASDAQ: APCC) from 2005 to 2007.  From 1997 to 2005, Mr. Thompson was Chief Financial Officer of Artesyn Technologies (NASDAQ: ATSN).  Mr. Thompson has a BBA degree in Accounting from Lamar University.

Deb Frodl, Director

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Ms. Debora M. Frodl has served as a member of our Board of Directors since November 2020. Ms. Frodl also serves as a member of the Board of Directors for Renewable Energy Group (NASDAQ: REGI) since March 2018, ITC Holdings Corporation since September 2020, Board of  XL Hybrids since May 2018 and Chairwoman since July 2019.  Ms. Frodl served as the Global Executive Director for Ecomagination at General Electric (GE) from December 2012 through December 2017, where she expanded GE's clean technology strategy. From 2010 to 2012, Ms. Frodl served as Chief Strategy Officer & Global Alternative Fuels Leader for GE, leading the company to decarbonize its commercial fleet through deployment of alternative fuel vehicles. Prior to this position, Ms. Frodl gained over twenty years of senior executive experience at GE Capital, serving in roles including Senior Vice President and CEO and President. Since 2014, Ms. Frodl has served as an ambassador for the U.S. Department of Energy, Clean Energy, Education & Empowerment for Women Initiative. She also serves on the Advisory Boards for the National Renewable Energy Lab, Joint Institute of Strategic Energy Analysis and the University of Minnesota, Institute on the Environment.  She is a certified Governance Fellow from the National Association of Corporate Directors since 2018. Ms. Frodl completed executive programs, Making Corporate Boards Most Effective, at Harvard Business School and Directors Consortium, at Stanford Graduate School of Business. She holds an M.B.A. from the University of St. Thomas and B.S.B.A. from Minnesota State University.

Pat Wood III, Director

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Mr. Pat Wood III has served as a member of our Board of Directors since November 2020.  Mr. Wood is CEO of the Hunt Energy Network, an energy storage technology company, and has been Principal of Wood3 Resources, an energy infrastructure developer since July 2005.  From 2001 to 2005, Mr. Wood was Chairman of the Federal Energy Regulatory Commission. From 1995 to 2001, he chaired the Public Utility Commission of Texas. Mr. Wood has also been an attorney with Baker & Botts, a global law firm, and an associate project engineer with Arco Indonesia, an oil and gas company, in Jakarta. Mr. Wood is the lead independent director of SunPower (NASDAQ: SPWR) and is a director of Quanta Services (NYSE: PWR).  Mr. Wood is a past Board Chairman of Dynegy (NYSE: DYN) ultimately merging it with Vistra (NYSE: VST) to create one of the largest publicly traded independent power producers.  In addition, Mr. Wood is a past director of Memorial Resource Development (NYSE: MRD) and TPI Composites (NASDAQ: TPIC), a former strategic advisor to private equity firm NGP Energy Capital Management, a former director of the American Council on Renewable Energy, and a member of the National Petroleum Council. He was graduated from Texas A&M University (B.S., Civil Engineering) and Harvard Law School.