German power utility RWE has appointed Andrew Flanagan as CEO of its US offshoot RWE Clear Power, the place he beforehand held the place of chief growth officer.
Flanagan joined RWE in 2022, earlier than its takeover of the Con Edison group’s renewables enterprise Con Edison Clear Power.
Flanagan was instrumental in organising the ensuing firm, RWE Clear Power, which turned the fourth largest renewable power firm within the US and the nation’s second largest photo voltaic proprietor, with a presence in most US states.
RWE’s CEO Markus Krebber commented: “I’m very happy that Andrew, a extremely skilled chief within the renewables trade, with a wealth of information throughout all sides of the enterprise, is taking the helm as new CEO.
“He is aware of the corporate inside out and has performed a key position in organising RWE Clear Power. Andrew takes up his new position at a time after we are dedicated to considerably increasing the enterprise in all areas – onshore wind, photo voltaic and batteries.”
Mark Noyes, former CEO of Con Edison Clear Power after which RWE Clear Power, determined to step down from the administration of the corporate by mutual consent, in keeping with RWE’s assertion.
“Following the acquisition of Con Edison’s renewables enterprise, Mark has efficiently positioned the brand new RWE Clear Power within the US market, laying the inspiration for our bold development path. In 2023 the corporate delivered a profitable first enterprise 12 months,” Krebber stated.
The RWE Clear Power govt administration group has retained Ingmar Ritzenhofen as chief monetary officer and Akshaya Bhargava as chief working officer, the corporate acknowledged.
