FTI Consulting announced the continued expansion of FTI Capital Advisors, the firm’s wholly owned investment banking subsidiary, with the appointment of Robert Salandra and Larry Stone as Managing Directors in the firm’s Power, Renewables & Utilities practice within the Corporate Finance & Restructuring segment.
Based in New York, Mr. Salandra is an investment banking and capital markets professional with more than 25 years of experience providing debt and equity capital advice to clients in the energy and infrastructure markets. At FTI Consulting, he will focus on providing investment banking services including M&A, advisory and capital raising through FTI Capital Advisors for clients in the power and renewable energy space.
Based in Boston, Mr. Stone brings significant transactional expertise in the expanding renewable energy sector to this new role, with over 25 years of investment banking experience specializing in M&A and capital raising for large infrastructure and energy projects and developments with a focus on structuring and execution.
“I am delighted for Bob and Larry to join our growing Power, Renewables & Utilities investment banking practice, assisting our clients in achieving their financial goals and objectives,” said Chris LeWand, Power, Renewables & Utilities Practice Leader at FTI Consulting. “FTI Consulting provides a wide array of advisory services in renewable energy, advanced mobility and emerging technologies that address the strategic, financial, operational, technical, reputational and capital needs of companies as the markets continue to rapidly evolve. Bob and Larry bring collective expertise that strengthens our ability to provide M&A and capital raising services, reinforcing our suite of offerings which covers the transaction life cycle, from strategy through to execution and management.”
Mr. Salandra has expertise advising corporate clients, private equity and infrastructure sponsors, and family offices in the private capital markets on transactions involving equity and debt placement, project finance, M&A, leveraged finance, loan syndication, and restructuring in the power, renewables and infrastructure segments. Prior to joining FTI Consulting, he was a Managing Director at Whitehall & Company, an investment bank based in New York.
Mr. Stone’s renewable energy sector experience includes leading financings and sell-side mandates involving solar, wind, geothermal, biomass and hydro projects and advising clients on capital formation. During his career, he developed and managed two national fixed-income platforms for Wells Fargo and Fleet Bank, raising billions of dollars for its public and private bank clients. Mr. Stone joins FTI Consulting from Bostonia Partners LLC, where he was a Managing Director.