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Carnelian Energy Capital

Carnelian Energy Capital

Focused investing in the North American upstream, midstream and oilfield services sectors.

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Preston Powell

Preston Powell

Operating Partner

Mr. Powell is an Operating Partner of Carnelian and leads the sourcing, diligence and evaluation of business combinations for Carnelian’s SPAC franchise, Peridot. Mr. Powell also serves as Chief Executive Officer of Ridgemar Energy, a Carnelian portfolio company. Mr. Powell was previously a member of the investment team at Carnelian. Prior to joining Carnelian, Mr. Powell was a Vice President at Denham Capital Partners. Mr. Powell also previously served as an Associate in the Energy Group of KKR & Co. and an Analyst in the Mergers and Acquisitions Group of Greenhill & Co. Mr. Powell grew up in Dallas, Texas, and received a B.B.A. in Finance with honors from the Business Honors Program from The University of Texas at Austin.

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