Gazelle Wind Energy, a floating offshore platform developer, has appointed Álvaro Ortega as CFO.
Ortega is a former vp of finance at Avangrid, the U.S. subsidiary of Iberdrola, managing investor relations and treasury for the agency. Beforehand, Ortega served as CFO of Winery Wind, serving to the corporate obtain monetary shut and graduation of building for the primary U.S. commercial-scale offshore wind farm, the 800 MW Winery Wind 1.
“Discovering somebody with a observe document like Álvaro’s is uncommon. As a result of his monetary experience and keenness for renewable vitality, his becoming a member of the group is a house run for Gazelle as we enter an thrilling section in our firm’s improvement,” says Gazelle CEO and founder Jon Salazar.
Ortega will lead all monetary facets of Gazelle’s enterprise as the corporate focuses on demonstrating its next-generation design by a pilot plant in Aguçadoura, Portugal along with WAM Horizon.
“I consider the corporate is positioned to steer the business as a result of its expertise excels beneath essentially the most excessive situations whereas using fewer assets and fewer metal in comparison with its counterparts,” says Ortega.
“Moreover, it affords a less complicated meeting course of and upkeep, which additional allows the competitiveness and acceleration of offshore floating wind. This aligns with what the way forward for this business calls for.”
