Clēnera Announces a Planned CEO Transition
16 Janeiro 2024 - 8:00AM
Clēnera, the U.S. subsidiary of Enlight Renewable Energy (TASE:
ENLT.TA; NASDAQ: ENLT), today announced a
leadership transition as Jason Ellsworth, CEO and Co-Founder,
will be stepping down at the end of June 2024. Adam Pishl,
Co-Founder of Clēnera and currently its COO, will assume the role
of CEO.
The six-month transition period allows for a smooth handover of
responsibilities, ensuring continued growth for Clēnera and
its partners. Adam has acted as COO since the company’s inception
in 2013. He brings a wealth of experience and a deep understanding
of Clēnera's values, vision, and strategic direction. Clēnera’s
other senior leaders will remain and provide strong support for the
company's continued success.
The move comes as Jason was called to a voluntary capacity as
Mission President for the Church of Jesus Christ of Latter-day
Saints. His assignment will require he live and serve in Santiago,
Chile for three years. “My faith is foundational to who I am and
what Adam and I built together at Clēnera,” said
Ellsworth. “Assisting others in developing and achieving their
goals, all while developing clean energy projects, has been
unbelievably fulfilling. On my departure, I’m confident that under
Adam’s leadership and with the help of our fully engaged management
team, Clēnera will continue to be a market leader.”
“I cannot thank Jason enough for his years of dedicated service
as the CEO of Clēnera,” said Pishl. “Leading alongside my long-time
friend and business partner has been an incredible journey. He will
be deeply missed. The Clēnera and Enlight family will build on the
solid foundation Jason and I forged together. We’ve demonstrated
the ability to deliver high-quality solar farms despite a global
pandemic, major supply chain disruptions, and soaring inflation. We
will continue to provide reliable and affordable clean energy to
communities across America.”
“I would like to thank Jason for his vision and professionalism
in founding and cultivating Clēnera, propelling it to become a
clear leader in the growing business of U.S. renewable energy,”
said Gilad Yavetz, Enlight CEO. “It is very emblematic of him to
follow his values and dedicate a part of his life for the benefit
of society. This is what makes Jason the great man he is. Looking
to the future, I’m confident that Adam’s leadership, experience,
dedication, and execution skills are exactly what our team needs to
steer the company to further growth and achievement. Enlight’s
board of directors and its entire management are fully committed to
the success of Adam, Clēnera, and every employee. Together we shall
meet our common goals and deliver on our ambitious business plans
in North America.”
About Clēnera Clenera, LLC ("Clēnera"), a
subsidiary of Enlight Renewable Energy, develops, finances,
constructs, owns, and operates utility-scale solar farms and energy
storage facilities throughout the United States. Combining
breakthrough technology with a deeply integrated team approach,
Clēnera provides reliable, affordable energy systems and helps its
utility partners become clean energy leaders in their communities.
Learn more at clenera.com.
About Enlight Renewable Energy Founded in
2008, Enlight develops, finances, constructs, owns, and operates
utility-scale renewable energy projects. Enlight operates across
the three largest renewable segments today: solar, wind and energy
storage. A global platform, Enlight operates in the United States,
Israel and 9 European countries. Enlight has been traded on the Tel
Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its US
IPO (NASDAQ: ENLT) in 2023. Learn more at
enlightenergy.co.il.
Forward-Looking Statements
Information provided in this press release may contain
statements relating to current expectations, estimates, forecasts,
and projections about future events that are "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. All statements, other than statements of historical
facts, included in this press release that address activities,
events or developments that we expect or anticipate will or may
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annual revenues, expenses and debt service coverage with respect to
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forward-looking statements generally relate to Enlight's plans,
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upon its management's current estimates and projections of future
results or trends. Although we believe that our plans and
objectives reflected in or suggested by these forward-looking
statements are reasonable, we may not achieve these plans or
objectives. Actual future results may differ materially from those
projected as a result of certain risks and uncertainties and other
risks described under "Risk Factors" as described in Enlight’s
annual report on Form 20-F filed with the Securities and Exchange
Commission (“SEC”) on March 30, 2023, and in Enlight’s subsequent
quarterly reports on Form 6-K and annual reports on Form 10-K that
are filed from time to time with the SEC and TASE. These
forward-looking statements are made only as of the date hereof,
and, except as legally required, we undertake no obligation to
update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
Media Contact: Jake Melder Clēnera
Public Relations Manager jake.melder@clenera.com
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