Mike O'Neill appointed Chief Executive Officer for Nala Renewables

London, 20 December 2024 - Nala Renewables, a global power and renewable energy investment platform and an independent power producer, is pleased to announce the appointment of Mike O’Neill as the Chief Executive Officer (CEO) effective 20 January 2025.

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Mike brings 30 years of experience in the renewable energy sector, helping to advance large-scale renewable energy projects globally. Mike has a strong track record in leading and expanding energy businesses across various markets and parts of the value chain including development, M&A and investments, finance and operations.

Before joining Nala Renewables Mike was CEO at Hive Renewables, leading the development of, and investment, in large-scale solar photovoltaic (PV) and battery energy storage systems (BESS) projects internationally. Prior to this, Mike was CEO of Element Power where he spent 10 years building the company into a global renewable energy business. This followed a successful career at RES where he was the Group CFO and Commercial Director, helping to grow RES into one of the leading independent companies in the global renewable energy sector.

Stephen Riley, Chair of the Nala Renewables’ Supervisory Committee said: “We are really pleased to have Mike join as CEO to lead the company toward reaching the ambitious targets set by its shareholders. Nala Renewables is well positioned to be a leading global renewable energy investor, and we look forward to working with Mike to achieve this.”

Mike O’Neill commented on his new appointment: “I am thankful for the trust that the Nala Renewables shareholders have placed in me, and excited by the opportunity to work with the team in helping the company achieve its full potential. Renewable power is at the centre of efforts to address the unprecedented global energy and climate challenges we face, and Nala Renewables is well placed to play a pivotal role.”

ENDS

For further information, please contact:

Nala Renewables Press Office
Tel: +41 (0) 22 592 4528
Email: media@nalarenewables.com

About Nala Renewables:

Nala Renewables is a global power and renewable energy platform and an independent power producer focused on solar, wind and battery storage projects in Europe, Latin America and the United States. Nala is a 50/50 joint venture between Trafigura, one of the world’s leading independent commodity trading companies, and funds managed by IFM Investors.

Founded in 2020, Nala Renewables has grown its operational, in-construction and development portfolio of renewable energy projects to around 3GW of cumulative capacity. The vision is to more than double the size of this portfolio to 10GW by 2030 and to continue to develop, build, operate and invest in solar, onshore wind and battery storage projects across the globe.

Visit: www.nalarenewables.com