Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, announced that Jeff Baudier has rejoined the firm as a Senior Managing Director. He will focus primarily on leading and supporting the firm’s infrastructure-related investment activities.
Baudier has significant experience investing in, operating, and leading infrastructure and regulated utility businesses. Since April 2021, he has served as CEO of CORE Electric Cooperative (CORE), the largest electric distribution cooperative in Colorado, where he executed the company’s strategy and oversaw the general management, financial stewardship, operational planning and implementation, and board relations for the business.
During Baudier’s time there, CORE executed on a state-leading clean energy transition plan that includes over 1GW of renewable and clean natural gas resources; achieved a first-time Long-Term Issuer Default Rating of “AA-” with a Stable outlook from Fitch Ratings – which is the highest public rating tier achieved for electric distribution cooperatives; and maintained a system availability of 99.98%.
Before CORE, Baudier was a Managing Director at Bernhard Capital for three years – during which he was involved in investments in infrastructure and regulated utilities. And he holds a J.D. from the Loyola University School of Law in New Orleans and a Bachelor of Arts in English from the University of New Orleans.
KEY QUOTES:
“We are very excited to welcome Jeff back to the Bernhard team. He has a demonstrated ability to identify compelling opportunities utilizing our thematic Blueprint investment framework and leverage his deep industry knowledge and network of relationships to help position our portfolio companies for long-term success. We look forward to benefitting from his insight and extensive operational experience as we continue to partner with industry-leading management teams and infrastructure services businesses.”
– Jeff Jenkins, Founder and Partner at Bernhard Capital
“I am thrilled to have the chance to once again work alongside the industry-leading team at Bernhard Capital. I look forward to supporting the firm’s portfolio of exceptional businesses, and identifying new opportunities to invest in and create value for the companies providing mission-critical services and support for vital infrastructure assets across the country.”
– Baudier
