Relevate Power, Leading Hydropower Redeveloper, Announces Two Strategic Hires
May 09 2024 - 9:34AM
Relevate Power, a leader in redeveloping hydropower assets, is
pleased to announce the addition of two key executives to its
leadership team. Tony Zarrella joins as Vice President of
Engineering & Operations, and Ian Finlay joins as Chief
Financial Officer. These strategic appointments mark a significant
milestone for Relevate Power, bolstering its executive strength and
reinforcing its commitment to delivering 24/7 clean, reliable,
baseload energy solutions.
Tony Zarrella brings more than 24 years of experience from
Brookfield Renewable Energy, where he spearheaded the buildout and
management of Brookfield’s U.S. remote operations center. His
expertise spans a broad range of technologies, including
hydropower, wind, solar, battery storage, and thermal assets. "I am
eager to leverage my past experience to enhance Relevate's
operations. The company's commitment to delivering 24/7 clean and
reliable power aligns perfectly with my vision for sustainable
energy, and I am excited to contribute to our shared goals," said
Zarrella.
Ian Finlay joins Relevate Power as Chief Financial Officer,
bringing with him a robust background in corporate development,
capital management, financial strategy, and strategic development
within the renewable energy sector. His extensive experience
includes pivotal roles at Ontario Power Generation, OMERS, and EY.
Throughout his career, Ian has developed expertise in managing
hydropower projects across diverse global markets, which will play
a crucial role in driving Relevate Power’s financial strategy and
operational efficiency. Ian remarks, “Joining Relevate Power is a
thrilling new chapter in my career, offering a unique opportunity
to work with a passionate team that is driving the future of
renewable energy. Hydropower ignited my passion for renewable
energy, and I am excited to return to my roots.”
"We are incredibly fortunate to welcome Tony and Ian to our
team," stated Matthew Wenger, CEO of Relevate Power. "Their
extensive experience and proven track records at leading companies
will be invaluable as we continue to expand and enhance our
portfolio."
Benjamin Baker, Managing Director at Greenbacker Development
Opportunities, Relevate’s anchor investor, also expressed
enthusiasm for the new hires: "Tony and Ian’s leadership qualities,
along with their profound understanding of the hydro sector, will
undoubtedly propel Relevate to new heights. We are excited to see
the innovations they will bring to Relevate’s operations."
About Relevate Power
Founded in 2022 from the merger of IPPs Dichotomy Power and
Clear Energy, along with the power marketing firm Standard Power,
Relevate Power is committed to redeveloping underutilized
hydropower plants, providing affordable, clean energy to rural
America’s most impactful organizations. The company is backed by
Greenbacker Development Opportunities Fund I, LP.
For more information, visit www.RelevatePower.com.
About Greenbacker Development Opportunities
Greenbacker Development Opportunities is a middle-market private
equity strategy that invests in growing sustainable infrastructure
platforms serving high-value markets across the US. The strategy is
managed by Greenbacker Capital Management, LLC.
For more information, please visit
https://greenbackercapital.com/greenbacker-development-opportunities.
230 Park Ave, Suite 447, New York, NY 10169
(888) 885-2175
relevatepower.com