Bioenergy Devco appoints chief financial officer

Bioenergy Devco, an Annapolis, Maryland-based manufacturer of anaerobic digester systems, has appointed Jason T. Meek as chief financial officer (CFO).

Meek previously served as CFO at PurposeEnergy, a private equity-based food waste-to-energy (WTE) development company based in Salem, New Hampshire. In this role, he oversaw the company’s accounting, finance and human resources efforts, playing a role in PurposeEnergy’s initial growth, strategic direction, staffing and internal systems development, Bioenergy Devco says.

Meek also served as senior vice president and CFO of RAM Energy, a private equity-backed oil and natural gas producer in Tulsa, Oklahoma, with assets in Fayette County, Texas. During his 10-year tenure with RAM, Meek led the origination, structuring and closing of more than $250 million in financing transactions and executed more than 20 acquisitions and divestiture deals, totaling more than $200 million.

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“We are positioned for rapid growth in the coming years, delivering the next-generation energy infrastructure through our advanced anaerobic digestion technology,” Bioenergy Devco CEO Nick Thomas says. “Mr. Meek brings with him over three decades of experience in energy, banking and financial leadership as a CFO for private growth companies, each of which will be instrumental as we expand our presence across North America.”

Meek also brings experience in investment and corporate banking to the role, with more than 20 years of experience in the oil, natural gas and energy sectors. Bioenergy Devco notes that his comprehensive transactional experience includes originating and executing public and private equity raises, public and private debt issuances, lending transactions involving revolving credit facilities, term loans and subordinated or structured debt facilities, as well as strategic and financial advisory assignments, mergers and acquisitions and divestiture advisory.

Throughout his career, Meek has originated and executed transactions exceeding $13 billion while at RBC Capital Markets, CIBC World Markets, Deutsche Bank and others, Bioenergy Devco says.

“I am thrilled to join Bioenergy Devco and its talented and passionate team to support the continued development of renewable energy anaerobic digestion facilities focused on the diversion of organic waste from landfills and across North America,” Meek says.

Meeks succeeds Chip Hoagland, who is retiring after four years as CFO with the company.

“Mr. Hoagland has been an exceptional leader and executive in the energy industry, and we are deeply grateful for his service at Bioenergy Devco,” Thomas says.