ANNAPOLIS, Md., Nov. 4, 2022
/PRNewswire/ -- New Energy Equity (New Energy), a
wholly-owned subsidiary of ALLETE (NYSE: ALE), announced today the
promotions of several members of their executive team:
- Josh Kunkel to President of New
Energy Equity
- Lindsey Gillis to Chief
Administrative Officer
- Dean Eastlake III to Chief
Operations Officer
- Jamie Borell to Senior Vice
President Land and Business Development
- Eric Pasi to Senior Vice
President, New Market Development and Marketing
- Eric Hanson to Vice President,
Engineering and Construction
Co-founder Matt Hankey will
continue to lead New Energy as Chief Executive Officer.
"With more than 80 years combined solar energy industry
experience and a tremendous track record of leading solar finance
and development, we are thrilled to announce these promotions
within our leadership team," Hankey said. "I look forward to
working closely with this team in their new roles, along with the
rest of the team as we continue the growth, success, and evolution
of the New Energy Equity brand."
In his previous position as Vice President of Business
Development, Kunkel was instrumental in New Energy's growth over
the past three years. He played a key role in the acquisition of
New Energy by ALLETE in April 2022,
along with the merger and integration of Impact Power Solutions and
Energy Support Services by New Energy this year. As president,
Kunkel will lead all commercial and project acquisition activities
while collaboratively running daily management of New Energy with
Hankey.
"The accomplishments of the New Energy team have been
remarkable, and I am honored to be a part of its success," Kunkel
said. "Now, with the backing of ALLETE, our world-class team is
poised for even further growth in our mission to leave behind a
better world through the advancement of clean energy."
Previously, as VP of Operations, Gillis excelled
at providing oversight of resources engaged at every phase of
project development, including due diligence, planning, and project
implementation, significantly contributing to the company's
competitive management strength and value benefiting its many
partners and projects. As Chief Administrative Officer, Gillis will
now also oversee Human Resources, including recruiting, staffing
resource allocation, and professional development as well as lead
New Energy's Diversity Equity and Inclusion Committee.
"Establishing and fostering a values-based culture has always
been a priority at New Energy, "Gillis said. "With this opportunity
to lead the mentoring and coaching of our employees, and with the
unique perspective as a woman in leadership, I am proud to continue
New Energy's commitment to diversity both within our company and
the solar industry."
In his previous role of VP of Engineering and Construction,
Eastlake led all procurement, as well as technical and project
management efforts, ensuring best-in-class design, performance
modeling, and construction workmanship through final project
commissioning. His management of the relationships with EPCs,
utilities, owner's engineers, permitting agencies, and technical
reviewers has been paramount to the company's growth and success.
In his promotion to Chief Operations Officer, Eastlake will now
oversee all operations for New Energy, including the origination of
development and implementation of those projects once
developed.
"Being able to serve as COO exemplifies the great opportunities
of elevation at New Energy given to leaders from within, as we
expand the volume of projects and the number of partnerships that
our growing team manages," Eastlake said.
Jamie Borell, previously the CEO
of Impact Power Solutions before the company was acquired by New
Energy Equity, said, "I am thrilled to advance in my role as the VP
of Land and Business Development at New Energy, bringing with me a
team of highly talented and capable professionals who are excited
and ready to work together as one team."
Eric Pasi, the newly appointed
senior VP of New Market Development and Marketing, has been in
the industry for over 15 years and has had a substantial impact on
the success of solar in many community solar markets throughout the
country. "The clean energy industry is advancing rapidly and the
leadership team at New Energy is comprised of top talent dedicated
to improving the future for people and the planet," Pasi said.
Eric Hanson, now the VP of
Engineering and Construction at New Energy, also comes from Impact
Power Solutions. Hanson said, "The capabilities of this executive
team will undoubtedly lead, not only New Energy to the next level,
but lead the entire clean energy industry to new heights."
About New Energy Equity
New Energy Equity, a wholly-owned subsidiary
of ALLETE (NYSE:ALE), develops, finances, operates and
manages solar power generation assets, providing clean electricity
to commercial, industrial, municipal, and utility customers under
long-term contracts. New Energy Equity has successfully developed
over 330MW of solar projects and closed more than $600M in clean energy investments. The company
has been ranked on Solar Power World's "Top Solar
Contractors list since its inception and voted one of the
fastest-growing energy companies in D.C., Maryland, and Virginia by Inc. Magazine. To learn more,
visit http://www.newenergyequity.com.
Contact:
Bridget Petersen
(801) 866-3687
bpetersen@newenergyequity.com
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SOURCE New Energy Equity