Spearmint Energy Appoints Michael Weinstein Executive Vice President, Corporate Development

MIAMI--(BUSINESS WIRE)--Spearmint Energy (“Spearmint” or the “Company”), a next-generation energy company delivering stable, secure and cost-effective energy solutions to the power grid through large-scale battery storage, today announced the appointment of Michael Weinstein as Executive Vice President, Corporate Development, effective immediately. Weinstein brings more than 25 years of experience in banking, fund management and investor relations across the energy sector. In this role, he will be responsible for advancing Spearmint’s corporate development strategy, including strategic partnerships, capital formation, mergers and acquisitions, and growth‑oriented development initiatives.

Since joining Spearmint in January of 2025, Weinstein has supported capital-raising efforts across the business and strengthened relationships with existing and prospective investors. He has helped broaden the Company’s investor outreach, sharpen its messaging on value creation and grid reliability, and build internal processes that support growth. In his expanded role, he will partner closely with Spearmint’s leadership team to evaluate opportunities that align with the Company’s long-term strategy.

“Michael has played a key role in deepening Spearmint’s ties with the energy investment community, leveraging his years of industry experience to support the Company in this phase of growth,” said Andrew Waranch, Founder, President, and Chief Executive Officer of Spearmint. “As we continue to scale our operations and expand our battery energy storage portfolio, his leadership has helped position the Company to build on this momentum as we broaden our footprint and deliver safe, reliable, cost-efficient power through battery energy storage.”

“I am proud to have supported Spearmint’s expansion over the past year, helping deepen investor relationships as the Company scaled its platform to deliver reliable power to more communities nationwide,” added Mr. Weinstein. “I look forward to stepping into this expanded role and continuing to advance Spearmint’s mission to strengthen the grid through enhanced energy capacity.”

Prior to his role at Spearmint, Weinstein served as Head of Investor Relations for solar developer SunPower Corporation. Previously, he led the equity research team for utilities and alternative energy at Credit Suisse, earning a runner-up ranking in the 2019 and 2020 Institutional Investor All-America Alternative Energy team poll. Earlier in his career, he held investment and energy-sector roles at UBS O’Connor, Zimmer Lucas Partners, Allegheny Energy and Goldman Sachs.

A graduate of the United States Naval Academy, Weinstein served in the Persian Gulf in support of Operation Desert Storm. He earned a B.S. in physics from the United States Naval Academy and an M.A. in national security policy from Georgetown University’s Walsh School of Foreign Service.

About Spearmint Energy

Spearmint Energy (“Spearmint” or the “Company”) is a leading energy company focused on developing, owning, operating, and optimizing battery energy storage systems (“BESS”) to reduce grid volatility and increase system resiliency. Spearmint currently operates 350 MW / 700 MWh in ERCOT, and has over 20 projects, totaling over 15 GWh of capacity, under development in 13 states across 5 U.S. regions. Headquartered in Miami, with an additional office in Minneapolis, the Company employs over 60 professionals and is guided by strong values rooted in people, partnerships, and the planet.

For more information, please visit: https://www.spearmintenergy.com/