OPAL Fuels Appoints Kazi Hasan as Chief Financial Officer to Drive Growth and Innovation
OPAL Fuels Inc. has announced the appointment of Kazi Hasan as the company’s new Chief Financial Officer (CFO), effective February 3, 2025. Hasan succeeds Scott Contino, who has been serving as the interim CFO since October 2023. Contino will continue in his position as CFO of Fortistar, OPAL Fuels’ sponsor. Hasan brings over 25 years of operational, financial, and strategic leadership experience across the power, utility, and renewable energy sectors. His appointment marks a significant step for OPAL Fuels as it continues to scale and expand its renewable energy platform.
Hasan’s career has been defined by his proven ability to create shareholder value through aligning strategic objectives with disciplined execution and financial rigor. Having held senior executive roles such as Executive Vice President (EVP), CFO, and other C-suite positions at large energy infrastructure and growth companies, he has an extensive background in corporate development, M&A, financial operations, and capital raising. His deep expertise includes structuring strategic partnerships, executing growth plans, and raising over $30 billion in equity and debt from both private and public markets. At OPAL Fuels, Hasan will play a pivotal role in driving the company’s growth strategy and leveraging the increasing demand for scalable, cost-effective, and lower-carbon energy solutions.
The Vision for OPAL Fuels’ Growth
“We are thrilled to welcome Kazi to OPAL Fuels. He is an accomplished CFO with deep expertise in finance, strategy, and operations within the renewable energy and infrastructure sectors,” said Adam Comora, co-CEO of OPAL Fuels. “His leadership as a public company executive will be invaluable as we continue to scale our platform and accelerate growth. I am confident that his collaboration with our leadership team and Board will be key in executing our growth strategy and delivering long-term shareholder value. I also want to express our thanks to Scott Contino for his critical contributions as interim CFO, as he has been instrumental in leading our finance organization during this transitional period.”
Hasan’s leadership will be crucial in advancing OPAL Fuels’ mission to lead the way in renewable fuel production, focusing on cost-effective solutions that can be scaled across the U.S. His vast experience in managing financial operations, strategic growth, and value creation will help OPAL Fuels remain at the forefront of the renewable energy sector, capitalizing on new opportunities for expansion and innovation.
Kazi Hasan’s Leadership Experience and Vision
“I am honored to join OPAL Fuels, a market leader in renewable fuel production and distribution,” said Mr. Hasan. “OPAL’s ability to capture and convert biogas into cost-effective renewable energy solutions provides significant value to customers and partners. These solutions not only help achieve decarbonization goals but also strengthen financial performance. I look forward to working with OPAL Fuels’ exceptional executive team to continue driving financial and operational excellence, reinforcing our market leadership, and maximizing shareholder value.”
Before joining OPAL Fuels, Hasan served as a Senior Advisor at Fluence Energy (Nasdaq: FLNC), an energy technology company focused on providing sustainable energy solutions. He also held the position of EVP and CFO at Puget Sound Energy, a utility based in Washington, and Cleco, an energy provider based in Louisiana. His leadership at these companies helped streamline operations, improve financial performance, and execute on ambitious growth strategies.
Hasan’s career also includes over 20 years of experience with AES (NYSE: AES), a global power company, where he held senior executive roles, including that of Global Chief Risk Officer. In these roles, Hasan was instrumental in managing large-scale operations and financial strategies for AES across different regions and markets. His extensive track record in the energy sector has given him invaluable insights into both the operational and financial dynamics that drive successful energy companies.
In addition to his extensive corporate experience, Hasan has also served as a board member for various public and private companies, where he helped shape strategic direction and financial policies. His diverse experience in managing financial operations, corporate governance, and risk management positions him as an ideal fit to lead OPAL Fuels’ financial team.
Hasan’s Education and Credentials
Kazi Hasan is a Chartered Financial Analyst (CFA) and holds an engineering degree alongside multiple master’s degrees in Business Administration and Leadership. His strong academic background, combined with decades of hands-on experience in both energy infrastructure and financial leadership, uniquely equips him to navigate the challenges and opportunities in the rapidly evolving renewable energy market.
OPAL Fuels: A Leader in Renewable Energy Solutions
OPAL Fuels is positioned at the forefront of the renewable energy sector, particularly in the development and operation of renewable fuel production facilities. The company specializes in capturing and converting biogas into renewable energy solutions, a process that not only helps mitigate environmental impact but also creates economic value. OPAL Fuels’ unique vertical integration strategy, which combines renewable fuel production with distribution capabilities, enables the company to scale its operations efficiently and meet the growing demand for sustainable energy solutions.
The increasing demand for low-carbon energy solutions is driving OPAL Fuels to expand its operations and explore new opportunities in renewable energy. With the rising need for scalable, cost-effective renewable energy sources, OPAL is poised to capitalize on these trends and continue growing its presence in the market.
A Vision for Sustainable Growth
As a public company executive, Hasan’s leadership will be pivotal in scaling OPAL Fuels’ operations and executing its growth strategy. The company is focused on further developing its renewable fuel production capabilities, strengthening partnerships, and expanding its market footprint. OPAL Fuels’ commitment to sustainable, lower-carbon energy solutions aligns perfectly with the broader global shift towards decarbonization and clean energy alternatives.
Hasan’s extensive experience in capital raising, M&A, and strategic partnerships will play a key role in facilitating OPAL Fuels’ expansion efforts. His expertise will help the company navigate the complexities of the renewable energy market, identify new growth opportunities, and strengthen its position as a market leader in the renewable fuel industry.
A Bright Future for OPAL Fuels
With the appointment of Kazi Hasan as CFO, OPAL Fuels is well-positioned to continue its journey as a leader in renewable energy solutions. Hasan’s wealth of experience in energy infrastructure, finance, and operations will be instrumental in helping the company scale its platform, drive innovation, and maximize shareholder value. His leadership will support OPAL Fuels as it moves forward in meeting the growing demand for sustainable, lower-carbon energy solutions, while continuing to strengthen its financial and operational performance.
As the renewable energy sector continues to grow and evolve, OPAL Fuels’ commitment to delivering scalable, cost-effective, and environmentally responsible solutions will remain a core focus. With Hasan at the helm of the company’s financial strategy, OPAL Fuels is poised for continued success and leadership in the energy sector.
