Energia
Low Carbon announces the appointment of Ed Shelton as Managing Director for Investments in North America
Low Carbon, founded in the UK in 2011, has set itself the ambitious target of creating 20GW of renewable capacity by 2030. With a decade of experience in renewable energy development, Mr. Shelton will lead Low Carbon's efforts to scale renewable energy generation in the attractive US and Canadian markets, with a specific focus on wind, solar and storage.
The Stanford and Princeton graduate joins Low Carbon from RWE Renewables (formally E.ON Climate and Renewables in the US), where he held the position of Executive Vice President for Solar and Storage Development in North America . At RWE, Mr. Shelton led a team of 27, managed a solar and storage portfolio of ~15GW, and oversaw the development and financial investment decisions for a further ~1.5 GW of projects that are now operational or under construction.
Prior to RWE, Mr. Shelton was a Director at Recurrent Energy, one of the US's largest utility-scale solar and storage developers. While at the latter, Low Carbon's new MD led development in the Western United States and held responsibility for ~500 MW of projects that are currently operational and providing Americans with clean energy.
Earlier in his career, Mr. Shelton worked as an Investment Banking Associate at Goldman Sachs, where he provided strategic financial advice to energy companies among others. His experience on both sides of renewable energy investment decisions will be invaluable at Low Carbon.
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Low Carbon is a global renewable energy company committed to the development and operation of renewable energy at scale. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar PV, wind, energy storage, waste-to-energy and energy efficiency. Low Carbon, a certified B Corp, has a proven track record in the development, construction, financing and management of renewable energy assets and remains involved in the projects for the long term with a dedicated asset management team that manages assets on balance sheet and for third parties. With a significant international renewable energy pipeline in development, Low Carbon is well-positioned to capitalize on opportunities as the need for renewable energy and energy security increases.
www.lowcarbon.com
Contact:
Georgina Edwards
georgina.edwards@humebrophy.com
+44 (0) 7986 841908
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