DALLAS, July 14, 2016 /PRNewswire/ -- Leeward Renewable Energy, LLC, an affiliate of ArcLight Capital Partners, LLC, announced the appointment of Gregory C. Wolf as its Chief Executive Officer effective immediately.
Mr. Wolf, 46, has over 20 years of leadership experience in renewables and most recently served as President of Duke Energy Renewables. At Duke Energy, Mr. Wolf led the integrated renewable energy business, delivering high growth results and a strong operational track record. Prior to assuming the President role, Mr. Wolf was Senior Vice President of Development for Duke Energy's commercial unit, where he created Duke Energy's solar and biomass business and managed a national development pipeline. Mr. Wolf's strong energy industry experience also includes serving as Vice President of General Electric's Power Systems business as well as GE Capital Group. Mr. Wolf earned a Bachelor of Science degree in Industrial Management and a Bachelor of Business Administration in Finance from University of Cincinnati and an MBA from the Harvard Graduate School of Business Administration.
"We are very pleased to welcome Greg to Leeward," commented Dan Revers, Managing Partner of ArcLight. "Greg's significant power and renewable industry experience, broad leadership capacity, and proven track record position him to spearhead the execution of Leeward's optimization and growth strategies going forward in wind, solar and battery storage."
"I am excited to join Leeward as CEO," added Mr. Wolf. "I look forward to working with the Leeward team to deliver zero carbon electricity to our customers, continue to improve the existing 1.6 gigawatt wind portfolio and grow the business. Our strong wind platform, coupled with our ArcLight partnership, positions us well to bring high quality renewable projects to more utilities and corporate customers."
"We are excited to usher in a new era for Leeward," stated Dan Revers. "We believe that Greg and the Leeward team are well positioned to drive long term value creation and move Leeward forward."
About ArcLight Capital Partners, LLC
ArcLight is one of the leading private equity firms focused on energy infrastructure investments. Founded in 2001, we helped pioneer an asset-based private equity approach to investing in the dynamic energy sector. We have invested approximately $16.5 billion in 98 transactions since inception, generating strong realized returns for our limited partners from 62 exits across diverse market cycles. Based in Boston, our 29-person investment team targets midstream, power and production opportunities with substantial growth potential, significant current income and meaningful downside protection, typically on a proprietary basis.
We employ a hands-on value creation strategy that utilizes our in-house technical, operational and commercial specialists as well as our 400-person asset management affiliate. More information about ArcLight, and a complete list of ArcLight's portfolio companies, can be found at www.arclightcapital.com.
About Leeward Renewable Energy, LLC
Dallas-based Leeward Renewable Energy, LLC is a growth-oriented limited partnership formed to own, operate, develop and acquire a diversified portfolio of renewable energy assets. Leeward maintains ownership and operating interests in 18 wind farms comprising 1,557 megawatts across the United States. For more information about Leeward Renewable Energy, LLC, visit www.leewardenergy.com.