Malta Inc. Names Alex Hernandez as General Counsel
Malta Inc., a leading innovator of grid-scale, long-duration energy storage (LDES), announced today that it continues to build out its management team with the addition of project finance veteran Alex Hernandez as General Counsel. This follows on Malta’s announcement of new Board Chair, Alexandra “Alie” Pruner, in April.
Proven Project Execution Experience Adds to Malta’s Growing Commercialization Team
May 4, 2022– Cambridge, Mass. – Malta Inc., a leading innovator of grid-scale, long-duration energy storage (LDES), announced today that it continues to build out its management team with the addition of project finance veteran Alex Hernandez as General Counsel. This follows on Malta’s announcement of new Board Chair, Alexandra “Alie” Pruner, in April.
Hernandez’s Fortune 300 experience includes work most recently as SVP with Macquarie Capital, where he was tasked with sourcing and executing energy investments in the Americas, and before that, in several legal and commercial roles for Sempra Energy. In both positions, he was responsible for overseeing the identification, development, and financing of major energy infrastructure projects.
"Alex is a great addition to our management team,” said Ramya Swaminathan, CEO. “Malta is rapidly advancing into commercialization. Alex’s proven ability to successfully finance energy projects is a great asset for our partners and will accelerate our growth as a company.”
Hernandez began his career at Latham & Watkins LLP and Mayer Brown LLP, where he focused his practice on energy project finance, leveraged finance, and mergers & acquisitions. He holds a J.D. from the University of California, Berkeley and a B.A. from the University of California, San Diego. He is admitted to practice law in the State of New York, the State of California, and Washington, D.C.
About Malta Inc.
Based in Cambridge Massachusetts, Malta, Inc. has developed a Pumped Heat Energy Storage (PHES) system to provide long-duration, large-scale, cost-effective, and safe energy storage. Malta’s system stores electricity as thermal energy and then re-generates the electricity on demand for up to 200 hours, meeting daily and weekly needs. Malta’s PHES technology can also provide clean heat for industrial and district heating applications. The company was originally incubated at Google’s Moonshot Factory, X, and is backed by energy industry leaders Alfal Laval, Proman, Chevron Technology Ventures, as well as investors Breakthrough Energy Ventures and Piva Capital. For more infomation on Malta Inc. click here.