FTI Consulting announced the continued investment in its Power, Renewables & Utilities practice within the Corporate Finance & Restructuring segment with the appointment of Oscar Mascarenhas as a Managing Director.

Mascarenhas, who is based in Houston, brings more than 20 years of experience in global energy production, supply and decarbonization with a focus on the adoption of new energies and technologies. He will build upon the practice’s strength in advising companies on all aspects of investment in the energy transition, including financial evaluation, concept selection, commercial design, partnering strategy, transaction execution and new business incubation and optimization.

“Oscar will be a valuable addition to our growing team of renewables and energy transition experts,” said Chris LeWand, a Senior Managing Director and Leader of the Power, Renewables & Utilities practice at FTI Consulting. “His track record in helping both global energy companies and emerging players navigate the market will significantly enhance our offering to clients in all aspects of the energy transition.”

Commenting on his appointment, Mascarenhas said, “The energy transition brings tremendous opportunity for growth and transformation across sectors and organizations. I am looking forward to working with the world-class team within the Power, Renewables & Utilities practice and building on the expertise and momentum they have established. FTI Consulting’s platform is uniquely placed to address the needs of companies in all aspects of the energy production and supply value chain.”

Before joining FTI Consulting, Mascarenhas worked as an advisor to private equity and global energy players on renewables, hydrogen, carbon capture, utilization and storage (“CCUS”), and biofuels investments and strategy. Prior to that, he spent 16 years at ExxonMobil managing innovation, new business and energy infrastructure project development. He has led major strategic initiatives in the energy transition including decarbonization strategy, algae bioenergy, and offshore wind and zero-emissions gas to power technology.

Prior to ExxonMobil, Mascarenhas worked at the Global Climate and Energy Project at Stanford University on the integrated assessment of energy technologies and in Silicon Valley in high-technology product development. He served as Chair of Mineral and Renewable Energy Investments for the Stanford School of Earth Sciences PIF Fund and is a visiting lecturer at the Department of Energy Resources Engineering at Stanford University.