TerraForm Power Appoints Mark Noyes as CEO to Drive Its Strategy
Mark Noyes, a seasoned expert in renewable energy, joins TerraForm Power as CEO to steer the company’s growth strategy in the face of industry challenges and opportunities.
| Sectors | Solar Energy, Wind Energy, Photovoltaic, Onshore |
|---|---|
| Themes | Industry & Execution, Innovation & Transformation, Corporate Strategy |
| Companies | Brookfield |
| Countries | United States |
TerraForm Power, a leading player in renewable energy, has announced the appointment of Mark Noyes as Chief Executive Officer (CEO). This strategic recruitment aims to position the company as a leader in the energy transition and accelerate its development in a competitive market.
Strategic expertise to support growth
With over 30 years of experience in the energy sector, Mark Noyes brings a solid strategic vision. Previously, he led RWE Clean Energy, where he oversaw significant growth in its portfolio of operational assets, reaching 10,000 megawatts, while building a project pipeline of 30,000 megawatts. Before that, he contributed to the significant expansion of another sector company, which grew its portfolio to 4,000 megawatts of operational assets before being sold.
A key asset for Brookfield’s ambitions
Under Brookfield’s control, TerraForm Power benefits from a portfolio of 4,100 megawatts of contracted solar and wind assets. This solid foundation allows the company to focus on strategic initiatives such as repowering (technological upgrades of existing assets), co-location, and hybrid development solutions.
Mitch Davidson, Managing Partner at Brookfield Renewable Power & Transition, praised this appointment: “Mark Noyes’ expertise in strategic leadership and his ability to develop growth opportunities make him an essential asset for TerraForm Power.”
A strategic vision for the future
Mark Noyes expressed his ambition to transform TerraForm Power into an even more influential player: “I am honored to lead this company at a pivotal moment for the industry. TerraForm Power has enormous potential to innovate and grow in the dynamic renewable energy market, capitalizing on opportunities in the United States and other strategic regions.”
With a development pipeline of 3,000 megawatts and a strong footprint in North America and Western Europe, TerraForm Power is pursuing an ambitious expansion strategy, focusing on sustainable projects with high added value.
