Updated:
Stellar J Corporation
Bob Kinghorn's employee-owned Stellar J Corporation is the EPC contractor on Raven's green hydrogen project in Northern California.
Stellar J Corporation
Stellar J Corporation operates as a merit-based, employee-owned company from its headquarters in Woodland, Washington. Bob Kinghorn founded the firm, and Jeff Walker co-founded it alongside him, building a leadership team that includes President Jeff Carlsen and CFO Cheryl Subasic. The firm's structure as an employee-owned entity sets its incentives apart from private-equity-backed engineering and construction firms. The firm's project portfolio spans three primary verticals: renewable natural gas, heavy civil infrastructure, and hydrogen. As an EPC contractor, Stellar J designs, develops, and builds renewable natural gas production plants for dairy farms and waste facilities, and it constructs hydrogen plants alongside the renewable electricity processes that power them. Its heavy infrastructure work covers water and wastewater plants, bridges, and marine terminals. The firm's role as the EPC contractor on Raven's green hydrogen project in Northern California demonstrates a direct stake in the energy transition's physical buildout, operating nationally rather than regionally. Stellar J remains privately held by its employees, and financial scale — whether revenue, AUM, or deployment — is not publicly disclosed. No adjacent investment vehicles, philanthropic foundations, or external club memberships are mentioned in its public footprint. The firm's website emphasizes a "scoreboard" of metrics, including projects completed and on-schedule delivery rates, but does not publish underlying numbers or dates. Stellar J's structural differentiator is its identity as an employee-owned EPC contractor that also acts as a project developer. This hybrid model — where the builder has an ownership mindset in the projects it executes — combines construction execution with development economics, creating an alignment mechanism that is distinct from the typical general contractor.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Woodland
Corporate office
Woodland, WA, United States
Principals
Bob Kinghorn
CEO & Founder
Jeff Carlsen
President
Jeff Walker
Senior VP and Co-founder
Cheryl Subasic
CFO
Sector focus
Frequently asked questions
Who leads Stellar J's operations and investment decisions?
Bob Kinghorn founded the firm and serves as CEO. Jeff Walker is Senior VP and Co-founder, Jeff Carlsen is President, and Cheryl Subasic is CFO. As an employee-owned company without disclosed outside investors, operational and strategic decisions are made by this leadership group, aligned with the interests of employee-owners. No external investment committee is referenced.
How does Stellar J source its project pipeline?
Stellar J presents itself as a project developer in addition to an EPC contractor, implying some origination capability rather than relying solely on competitive bid processes. The firm's website encourages direct inquiries for potential bids, but it does not detail a formal sourcing network or proprietary deal flow mechanism.
Is Stellar J structured as a family office, an asset manager, or an operating company?
Stellar J functions as an operating company — an employee-owned general contractor and EPC firm — not as a family office or pure asset manager. Its activity centers on designing and building physical energy and infrastructure assets, though it does participate in project development, which carries an investment-like return profile.
What investment stages do Stellar J's energy projects typically involve?
The firm targets greenfield development and construction of renewable natural gas and hydrogen projects. Stellar J designs, develops, and builds these plants, covering the full lifecycle from early-stage development through construction completion and commissioning.
Which sectors does Stellar J explicitly focus on, and which does it avoid?
Stellar J focuses on renewable natural gas, hydrogen production, and heavy civil infrastructure — including water treatment, bridges, and marine terminals. There is no public indication of activity in digital infrastructure, real estate, or traditional fossil fuel extraction outside of the transition to hydrogen and RNG.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: