Senior Advisor
Herb Rakebrand

Featured Image

Herb Rakebrand

Herb Rakebrand advises and supports E3’s clients on broad natural gas market issues. Most recently Herb has been advising clients on fuel supply strategies and infrastructure requirements for data centers and power generation. With more than 10 years of experience working for a gas utility, Herb utilizes this background to support the future of gas by assisting gas utilities in developing strategies under evolving regulatory frameworks and emissions guidelines. And with his more recent banking work, he advises E3’s work on mergers and acquisitions diligence as well as transaction and valuation work.

Herb began his 40+ year career leading the planning, operations and commercial functions with electric and gas utilities and natural gas pipelines before moving into investment banking. He has been actively advising clients on natural gas matters since 2016.

Herb’s hobbies include photography, cooking, hiking and travel.

Education: MBA, Finance, Long Island University, CW Post; BE, Mechanical Engineering, Stony Brook University

Projects

Diligence and Investment Advisory Services for NIPSCO Equity Acquisition | Blackstone, 2023

E3 was retained to be a key advisor to Blackstone as part of their diligence and investment process for Blackstone’s acquisition of a 19.9% non-controlling equity interest in NIPSCO (Northern Indiana Public Service Company) for $2.15 Billion, with additional equity commitment of $250 million to fund ongoing capital requirements. E3 applied a custom bespoke approach to NIPSCO’s unique operations and jurisdiction to advise Blackstone during the investment process.

Read the detailed project description.


FULL E3 TEAM

Join us:

"(Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

Connect with us:

E3