RES Group CEO To Be Changed

Ex-Vestas, SunPower & Acciona Energia Senior Executive Eduardo Medina To Take Over RES As Group CEO, As Ivor Catto Gets Into Exit Mode

RES Group CEO To Be Changed

Group CEO of RES Group Ivor Catto (left) is to hand over his responsibilities to incoming CEO Eduardo Medina (right), who was till now working as Vestas’ president for North America. (Photo Credit: RES)

  • Eduardo Medina has been announced as the incoming CEO of the RES Group
  • He will take over from current incumbent Ivor Catto who is set to leave the company
  • Medina will assume his responsibilities at RES Group from November 1, 2021

UK based renewable energy company RES Group has announced a change at its top echelon with current Group CEO from last 5 years, Ivor Catto handing over his responsibilities to Eduardo Medina, starting November 1, 2021. The company said Catto is retiring from executive roles having spent the last 13 years of his career in group CEO positions.

Medina was till now the President of North America for wind turbine maker Vestas. Before that he worked on senior positions with companies as SunPower, Acciona Energia, General Electric and Gamesa (see New EVP At SunPower).

He joins the company that holds a current global portfolio of developed and/or constructed renewable energy portfolio of 22 GW, with operational projects that the RES Group is managing through asset management and O&M services period stands at more than 7.5 GW.

“There is a clear opportunity to consolidate our position as a leading Asset Manager and O&M provider, plus, capitalize on the significant market opportunities in our business geographies,” said Medina, who said under his leadership the group will focus on development activities and expanding its international support services offering.

In August 2021, the RES Group sold off its French renewables development company to South Korea’s Hanwha Group, releasing capital that it said the company would invest in expanding its development portfolio globally and support services offerings (see Hanwha Q Cells To Acquire RES Group’s French Business).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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