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Hecate Energy Appoints Public-Company Legal Executive Michael J. Garofola as General Counsel

Globe Newswire•14/10/2026•07:30 ET
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Key Highlights

  • ➤Michael J. Garofola appointed Hecate Energy general counsel, effective September 21, 2026
  • ➤Hecate plans Nasdaq listing under ticker HCTE following EGH business combination
  • ➤EGH-Hecate transaction values Hecate at approximately $1.2 billion pre-money enterprise value
  • ➤Business combination expected to close in early 2027, subject to EGH shareholder approval
  • ➤Hecate reports over 47 GW development pipeline and more than $6 billion invested projects

Expert Statements

Chris Bullinger, President and Chief Executive Officer of Hecate Energy

“Michael brings exactly the combination of legal judgment, public-company experience, regulatory perspective and business pragmatism that Hecate needs as we continue to scale”

Chris Bullinger, President and Chief Executive Officer of Hecate Energy

“His experience advising public companies, managing complex legal and compliance matters, and helping leadership teams navigate a wide range of special situations will be particularly valuable as we advance toward our planned public listing and execute against the significant growth opportunities in front of us. We welcome Michael to Hecate as an important addition to our management team as we continue building a disciplined, durable platform positioned to meet growing demand for reliable power.”

Michael J. Garofola, General Counsel of Hecate Energy

“Hecate has built a compelling power-development platform with meaningful scale, deep execution capabilities and a portfolio positioned to serve some of the most important demand trends in U.S. energy”

Michael J. Garofola, General Counsel of Hecate Energy

“I am excited to join Chris and the Hecate team at this important point in the Company’s evolution. I look forward to helping strengthen the legal, governance and compliance foundation that will support Hecate’s continued growth, disciplined execution and planned transition to the public markets.”

Mr. Garofola brings public-company legal, governance and compliance experience to Hecate, as the company advances toward its planned Nasdaq listing.

Appointment strengthens leadership team with seasoned counsel experienced in complex risk, regulatory matters and high-growth energy-transition businesses.

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