Sev.en Global Investments Strengthens Presence in the USA to Expand into Power Generation

Press Release (Prague, Czech Republic, July 2. 2024)

Sev.en Global Investments is expanding its strategic vision with an expansion in the United States. The company is opening a new office in New York City to help extend our reach into the US power generation, and the gas sectors. This move reflects the company’s dedication to diversifying its portfolio and exploring new growth opportunities. This expansion will be led by the company’s newly appointed US Country Manager, Robert K. Simmons.

Simmons, who most recently served as Senior Managing Director at Marathon Capital, brings extensive experience in power generation and especially the development of gas-fired power plants, which aligns with Sev.en Global Investments’ commitment to delivering safe and reliable energy supplies. His significant expertise in investment banking, particularly in structured finance, and broad network within the energy industry promise to enhance the company’s market position.

“The U.S. power generation market, while challenging, is also full of opportunities. Given Sev.en's experience in energy investments, I believe the company has the potential to succeed in the American market and expand its portfolio to drive strategic growth,”  shares Robert Simmons his vision.

Robert has been active in the energy industry for over 40 years both as an investment banker, developer, and a founding partner in a private equity firm that developed, built, and operated over 6 GW of gas-fired generation in the US.  He has served as a strategic advisor, an M&A specialist, a lender, and is responsible for multi-billion dollar capital raises.  He also is an active member of the Board of Directors for nVision Energy. 

As the US representative of Sev.en Global Investments in the power, and gas markets, Robert will be responsible for overseeing the new office in the United States and driving business development in those sectors. Jesse Parrish, CEO of Blackhawk Mining, will continue to lead Sev.en GI’s US investments in coal operations and coal mineral reserves including future transactions for metallurgical and thermal coal.

“We believe Jesse Parrish’s exceptional skills and mining sector expertise, combined with the strong expertise of Robert K. Simmons in other segments, will complement and strengthen our leadership team, bringing fresh perspectives and synergies to our business development,” comments Sev.en Global Investment´s CEO¨Alan Svoboda.

About Sev.en Global Investments

Sev.en Global Investments is a Czech-based investment group investing across a range of sectors, particularly in power generation and mining of various natural resources. Sev.en GI operates on three continents – Europe, Australia, and North America, soon to be present also in Asia.

In Europe Sev.en GI acquired 100% of InterGen´s gas-fired power generation businesses. The portfolio includes 4 gas-fired power plants Coryton, Spalding, Rocksavage, and Spalding Energy Expansion.

In Australia, the investment portfolio includes 1) Delta Electricity with the Vales Point Power Station and Chain Valley Colliery coal mine; 2) SO4 company - premium potash fertilizer producer and 3) Sev.en Royalties with mining rights in two regions. 

In the United States, it is the owner of 1) met-coal mining company Blackhawk Mining with annual coal production of around 9 million tonnes, and 2) Golden Eagle Land Company holding mining rights to more than 2 billion tonnes of coal reserves.

Sev.en Global Investments is part of the Sev.en Group whose beneficiary is Mr. Pavel Tykač, a prominent Czech entrepreneur and investor, ranked among the top 300 World´s wealthiest people by the Forbes Real Time Billionaires.

For further information, please visit www.7gi.com.

Media Contact:

Veronika Diamantová
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+420 775 299 337