RWE Clean Energy, the U.S. renewable energy subsidiary of Germany-headquartered RWE Group, has named Andrew Flanagan as CEO.
Flanagan, who served as RWE Clean Energy’s chief development officer, will replace Mark Noyes, who decided to step down from the top management position, according to a Jan. 18 news release.
As CEO of RWE Clean Energy, Flanagan will lead a 1,700-person RWE team in the U.S. that operates a 9-gigawatt portfolio with installed capacity in onshore wind, solar and battery storage.
“He knows the company inside out and has played a key role in setting up RWE Clean Energy,” RWE CEO Markus Krebber said in the release. “Andrew takes up his new role at a time when we are committed to significantly expanding the business in all areas–onshore wind, solar and batteries.
“Following the acquisition of Con Edison’s renewables business, Mark has successfully positioned the new RWE Clean Energy in the U.S. market, laying the foundation for our ambitious growth path,” Krebber added.
RWE Group plans to expand its global installed capacity to more than 65 gigawatts and invest about $60 billion worldwide, including about $22 billion in the U.S., through 2030.
RELATED
Recommended Reading
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
EOG Resources Wildcatting Veteran Billy Helms to Retire
2024-04-02 - Joining an EOG Resources predecessor in 1981, Helms is among the pre-1986-oil-bust generation who later found success in shale.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.