- rsted has chosen its current Interim CEO of onshore business Neil O’Donovan to a permanent position in the role
- He has been managing the business as interim CEO since the departure of previous incumbent Declan Flanagan
- Management confirmed they were not able to find a better candidate than O’Donovan, both internally and externally
Denmark based renewable energy developer Ørsted A/S has confirmed the appointment of Neil O’Donovan as the executive vice president (EVP) and CEO of its onshore business on a permanent basis. Till now, he was acting as the interim CEO of the unit.
O’Donovan joined Ørsted in 2018 from Lincoln Clean Energy, according to the company, and had been leading the onshore business as its interim CEO since the departure of former CEO of Ørsted Onshore, Declan Flanagan. Since then, Ørsted management has not been able to find a better candidate, internally or externally.
He is stated to have played an important role in scaling the business unit as its COO. O’Donovan will be based out of Dublin, Ireland and will also work from the company’s other locations to manage the business and its expansion plans.
“We’ve had a thorough recruitment process, and there’s no doubt that Neil is the best person to take over the leadership of Ørsted Onshore and to accelerate Onshore’s growth journey,” said Ørsted Group President and CEO Mads Nipper.
Ørsted’s onshore business is focused on wind, solar and battery assets, spread across the US and Europe, representing a cumulative of 4 GW in operation and under construction. “Ørsted Onshore has an ambition to reach 17.5 GW in operation and under construction in 2030 and aims to deliver approximately 1.5 GW of additional capacity annually based on a diversified pipeline of value-creating growth opportunities,” according to the company.