Greg Beard Appointed as Office of Energy Dominance Financing (EDF) Director

The U.S. Department of Energy (DOE) has announced the appointment of Greg Beard as the Office of Energy Dominance Financing (EDF) Director, effective Thursday, January 29, 2026.  

Gregory Beard formerly served in the role of EDF Senior Advisor, appointed by the President in April 2025. He is a senior executive with extensive experience in natural resources investment, private equity, and capital markets, having sourced and led more than 25 energy investments over more than 30 years. As EDF Senior Advisor, Beard led the review and restructuring of the EDF portfolio of loans and conditional commitments, ensuring that every taxpayer dollar is being used to advance the best interest of the United States. Now, as Director, Beard will ensure continuity of EDF operations and lead EDF in financing new energy and manufacturing projects that meaningfully contribute to U.S. energy security, grid reliability, and lowering costs for all Americans.

“I took this role because the commonsense policies of President Trump and Secretary Wright will bring affordable, reliable, and secure energy to the American people. We at EDF take our role very seriously as the largest energy lender in the world, and we have already started to use our funding to restore American Energy Dominance. This mission and work to secure America’s economic strength, security, and future remains as critical as ever.”

Before entering government service, Beard was previously a senior partner on the management committee at Apollo Global Management, leading natural resources investing for 10 years, as well as in a senior energy investment role at Riverstone Holdings LLC. Additionally, as the Co-Founder, Chairman, and Chief Executive Officer of Stronghold Digital Mining, Inc., Beard launched the first company to integrate waste-to-power generation within co-located data centers to mine Bitcoin. He simultaneously founded and served as the Chairman and Chief Executive Officer of Beard Energy Acquisition Corp., where he raised a $200 million special purpose acquisition corporation and evaluated more than 200 potential transactions in the energy transition space. Beard began his career as a Financial Analyst at the Goldman Sachs Group Inc. and received his Bachelor of Arts from the University of Illinois at Urbana-Champaign.