Dave Marchese

Chief Executive Officer

Dave Marchese has over 25 years of experience in the successful development, construction and operation of energy assets, including underground hydrocarbon storage, utility-scale power plants, and petrochemical facilities. Since 2016, Dave and the team have grown Caliche—what started as just a vision shared with equity sponsor Energy Spectrum—into a top-tier service provider to Fortune 50 companies under long-term contract. Caliche’s prior investment in Coastal Caverns included development, construction, and operations of the first helium cavern in the Western Hemisphere and a successful sale of that asset to Energy Transfer (NYSE:ET). With renewed sponsorship from OIC and GCM, Marchese and the team acquired the Golden Triangle Storage and Central Valley Gas Storage assets from Southern Company (NYSE:SO) and he leads the team emphasizing Caliche’s corporate philosophy of “safety, deliverability and asset integrity,” meeting stakeholder needs, cost management and growth.

Prior to founding Caliche, Dave was a Director at Haddington Ventures where he assisted with deal sourcing, transactional work, and portfolio company management. He participated in the debt and equity financing, management and sale of Bobcat Gas Storage and Norton Energy Storage, while also serving on the Board of Managers for Fairway Development (oil storage), Apex Compressed Air Energy Storage, and Endicott Biofuels.

Dave spent his early energy years at Eschelon Energy Partners, a Houston-based private equity fund, and Reliant Energy. He worked with the team at Reliant’s $125 million private equity arm as well as the Market Based Structuring Group. Before business school, he gained operational experience in the engineering and construction of petrochemical facilities as a Chief Field Engineer with Jacobs Engineering.

Dave graduated with a Bachelor of Engineering (Civil and Environmental) degree from Vanderbilt University, where he later received his M.B.A. with a dual concentration in finance and operations. He is a co-founder of the off-road cycling group, Houston Gravel Grinders. He also serves on the Carbon Neutral Coalition's Advisory Board, which is tasked with putting Texas on a path to carbon neutrality by 2050.

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