Company: PAII-WT
Filing Date: 2025-05-29
Form Type: DRS
Source: 0001213900-25-049013
Chunk: 21

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-05-29
Form: DRS
Chunk 21
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 by Goldman Sachs in the energy and power industry. Mr. Leuschen has served as a Director of Cambridge Energy Research Associates, Cross Timbers Oil Company (predecessor to XTO Energy) and J. Aron Resources. He currently serves on the Boards of Directors of Centennial Resource Development, Inc., Enviva Holdings GP, LLC, Enviva Partners GP, LLC, Pattern Energy Group LP, Decarbonization Plus Acquisition Corporation II (DCRN), Decarbonization Plus Acquisition Corporation III (DCRC), Decarbonization Plus Acquisition Corporation IV (DCRDU), Talen Energy Corporation, and various private Riverstone portfolio companies. He is also president and sole owner of Switchback Ranch LLC and sits on the Advisory Board of Big Sky Investment Holdings LLC. He serves on a number of nonprofit boards of directors, including as a Trustee of United States Olympic Committee Foundation, a Director of Conservation International, a Director of the Peterson Institute for International Economics, a Founding Member of the Peterson Institute’s Economic Leadership Council, a Director of the Wyoming Stock Growers Association and a Director of the Montana Land Reliance. Mr. Leuschen received his A.B. from Dartmouth and his M.B.A. from Dartmouth’s Amos Tuck School of Business. Market overview We believe our team has the deep and diverse expertise in the energy market needed to successfully execute a proper transaction. Globally, energy demand continues to grow, with approximately ninety percent of the world’s population experiencing high elasticity of energy to GDP growth. As energy sources evolve, and corporates and countries focus transitioning to newer energy sources, growth in all energy production

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should persist to meet the outsized demand stemming from population growth, economic development, and electrification. Transitioning to novel energy solutions will require continued production from conventional and renewable sources alike. Bloomberg calls for over $75 trillion (real 2024) in energy infrastructure and technology investment from 2025 -2035, with an additional $110 trillion called for through 2050. At the same time, the process for decarbonizing industrial business segments globally will still move forward. A profound shift across multiple industries has driven the mass electrification movement. As global sectors become increasingly electrified, reliable power generation will need to come from readily available resources and technologies. The challenge of meeting rapidly growing energy demand while reducing harmful emissions is a considerable one. Globally, deployments of renewable energy will outpace historical averages, with wind and solar capacity expecting to jump sixfold from 2025 to