Doral Renewables LLC (formerly Global Energy Generation LLC) Appoints Evan Speece as Chief Financial Officer
PHILADELPHIA CREAM – (COMMERCIAL THREAD) –Doral Renewables LLC (Doral LLC), developer and operator of clean power generation assets, welcomes Evan Speece as Chief Financial Officer (CFO).
Evan has extensive experience in energy finance and transactions, having most recently served as Vice President of Finance and Capital Markets at Clearway Energy, Inc. During his 7 years at Clearway, Evan led or co-led over $ 20 billion in financing and M&A efforts, including work in various corporate capital markets, tax fairness and project finance, and spanning the energy sectors solar, wind, natural gas and district energy. He also has significant expertise in taxation, accounting, financial reporting, treasury and risk management within the renewable energy production industry. Mr. Speece holds a bachelor’s degree in finance and accounting from Boston College and an MBA in energy finance from the Fuqua School of Business at Duke University.
“Sir. Spece’s experience leading the growth of the business will help guide Doral Renewables LLC’s financial strategy. Doral LLC has several gigawatts of projects in its pipeline, representing billions of dollars in capital requirements and long-term potential operating cash flow Mr. Spece will guide the financial execution of the project platform to the most competitive position in the market. â- Nick Cohen, President and CEO.
Mr. Speeche will oversee all financial activities of the company. In June, Doral Renewables LLC closed a $ 355 million transaction with Migdal Insurance as an investor partner. In October, the first 400 MWac phase of the $ 1.5 billion Mammoth Solar project will be celebrated with a groundbreaking ceremony.
Doral Renewables LLC (Doral LLC)
The company combines the advanced engineering, development and operations experience of the Doral Group with a team of US-based renewable energy and battery storage project developers, drawing on extensive experience across the United States. United. and close relationships with infrastructure funds, investment banks, tax equity investors and energy industry experts.
Doral LLC has initiated more than three gigawatts of renewable energy projects in the United States, primarily in the Mid-Atlantic and Midwest regions, and continues to add large-scale projects to its portfolio each year.
Doral Group is a listed company on the Tel Aviv Stock Exchange in Israel (DORL) and is a global leader in renewable energy, owning hundreds of renewable energy assets that generate long-term income. Doral Group is also emerging as a global leader in solar + storage solutions, having won Israel’s largest solar + storage tenders to build approximately 800 MW (DC) + 1,500 MW of storage facilities in Israel.