Urban Grid Names Chief Financial Officer, Chief Commercial Officer to Senior Leadership Posts

Eivind Osterhus and Erica Engle bring world-class expertise as IPP operations scale in 2024.

HOUSTON, Tx., February 13, 2024 (GLOBE NEWSWIRE) — Urban Grid, a leading independent power producer (IPP), has named Eivind Osterhus as Chief Financial Officer and Erica Engle as Chief Commercial Officer. The two senior executives have noteworthy career achievements and round out Urban Grid’s senior management team.

Eivind Osterhus previously spent more than twenty years at energy technology company Baker Hughes, where he held leadership roles in Finance and Operations across the world. “It is incredibly exciting to be named CFO of Urban Grid at this dynamic time, as our first solar plant is generating power and ushering in the next chapter for the company,” said Osterhus. “My passion lies in leading a team to improve business and financial performance within a company that values sustainability and collaboration. I have found that in Urban Grid’s culture and very much look forward to making an impact here.”

Erica Engle joins Urban Grid with over 20 years of energy experience in energy trading and origination. She recently served as Head of Structured Origination at AES Clean Energy, playing an instrumental role in establishing them as a leading developer in corporate PPAs for the past two years. “This is an exciting time to join Urban Grid as they expand their presence as an owner-operator of renewable assets,” Engle remarked.  “I look forward to working with the team to commercialize the solar and storage portfolio, closely partnering with our customers to continue accelerating towards a carbon-free future.”

“Urban Grid remains committed to driving economic growth and sustainability across the local communities served by our portfolio,” said Pete Candelaria, CEO.  “Eivind and Erica exemplify the leadership, passion, and shared values necessary to continue delivering on this commitment.  It is my great pleasure to welcome them both to Urban Grid.

Eivind and Erica are based out of Urban Grid’s headquarters in Houston, Texas.

Urban Grid

Urban Grid, a leading independent power producer, facilitates a rapid and sustainable energy transition by developing high-quality renewable energy projects, fostering community partnerships and serving as a good land steward. Our company is positioned to own and operate its facilities while cultivating a land management system that benefits farmers, communities and the natural world through agrivoltaics. Urban Grid maintains a delivery-focused approach with the goal of being a good neighbor, corporate citizen and trusted energy solutions partner. Headquartered in Houston, Texas, with teams situated strategically throughout the United States, Urban Grid has a long history of contributing to the clean energy economy. In addition to 940 megawatts currently contracted and under construction, we are actively developing a growing portfolio of more than 12,000 megawatts of solar PV and 7,000 megawatts of co-located and stand-alone energy storage. 
 
Urban Grid is a portfolio company of Brookfield, one of the world’s largest owners and operators of renewable power and climate transition assets.
 

Media Contact:

Val Newcomb

(434) 422-5679

[email protected]

Urban Grid Names Matt McCluskey Chief Development Officer

Accomplished renewables development executive to advance Urban Grid’s 12 GW solar and 7 GW energy storage pipeline and lead market expansion for the company.

HOUSTON, Tx., December 20, 2023 (GLOBE NEWSWIRE) — Urban Grid, a leading independent power producer (IPP) specializing in solar and energy storage, proudly announces the appointment of Matt McCluskey, as Chief Development Officer.

With a distinguished career spanning wind and solar projects having developed 3.5 gigawatts of operating assets across ERCOT, SPP, MISO, SERC, and across the US, Matt McCluskey brings a wealth of expertise to Urban Grid’s executive team. His strategic vision and deep understanding of the renewable energy landscape align seamlessly with the company’s commitment to develop, build, and operate world-class sustainable power solutions. “I am excited to be a part of a forward-thinking organization dedicated to reshaping the future of energy. In my career, I’ve had the chance to join renewables organizations on the cusp of new growth; first developing projects then building a pipeline and most recently a business unit,” said McCluskey. “Joining Urban Grid in its early stages as an IPP is a phenomenal opportunity.”

McCluskey, formerly VP of Development for EDF Renewables North America, will take charge of land acquisition, interconnection, permitting and project development and marks the expansion of the company’s senior leadership. CEO, Pete Candeleria, said “As we continue our journey towards becoming a premier power producer, Matt’s leadership will be pivotal in driving our development initiatives to new heights. His proven track record and passion for renewable energy make him an invaluable addition to our team as we endeavor to transform the power grid with renewable energy and bring new economic prosperity to our project communities.”

Matt is based out of Urban Grid’s headquarters in Houston, Texas.

Urban Grid

Urban Grid, a leading independent power producer, facilitates a rapid and sustainable energy transition by developing high-quality renewable energy projects, fostering community partnerships and serving as a good land steward. Our company is positioned to own and operate its facilities while cultivating a land management system that benefits farmers, communities and the natural world through agrivoltaics. Urban Grid maintains a delivery-focused approach with the goal of being a good neighbor, corporate citizen and trusted energy solutions partner. Headquartered in Houston, Texas, with teams situated strategically throughout the United States, Urban Grid has a long history of contributing to the clean energy economy. In addition to 940 megawatts currently contracted and under construction, we are actively developing a growing portfolio of more than 12,000 megawatts of solar PV and 7,000 megawatts of co-located and stand-alone energy storage.

Urban Grid is a portfolio company of Brookfield, one of the world’s largest owners and operators of renewable power and climate transition assets.

Media Contact:

Val Newcomb, AVP Marketing & Communications:

(434) 422-5679

[email protected]