- Yossi Gvura is the new CEO of Israel headquartered renewables IPP, Kenlov Renewable Energy
- He will replace Founder and CEO Olivier Konig who is now the company’s executive chairman
- While Gvura will be expected to lead the company’s efforts into realizing over 3 GW wind and solar capacity, Konig will oversee the business’s growth as a global IPP
Israel headquartered independent power producer (IPP) Kenlov Renewable Energy has announced the appointment of Yossi Gvura as the company’s new chief executive officer (CEO) as the company’s Founder and CEO Olivier Konig moves to the role of executive chairman.
Gvura is expected by the management to lead the company’s next phase of growth to finance, develop and operate its global pipeline of wind and solar projects of over 3 GW capacity.
The new CEO has moved to Kenlov from Delek Drilling where he was the Deputy CEO and before that was the CFO of Delek Energy. Kenlov stated that Gvura brings to the company extensive management and leadership experience in large scale energy projects, and is credited with helping lay the foundation for domestic natural gas industry.
“There is huge global appetite for investment in renewable energy projects, but it essential to build relationships with the right investment partners and that will help us bring our development plans to fruition,” said Gvura.
As the company’s Executive Chairman, Olivier Konig will continue to oversee Kenlov’s business development efforts and growth into a global IPP, the management added.
Beyond Israel, Kenlov is also active in the United Kingdom, Spain, Greece, Italy, Serbia, Poland, Romania and the US. Earlier this year, it expanded the US development pipeline of wind and solar assets to around 1.5 GW with the acquisition of a 300 MW PV project under its joint venture with Ashtrom Group (see North America PV News Snippets).