Terence Burke Joins Greenidge Generation As General Counsel

Rhea-AI Summary

Greenidge Generation Holdings Inc. (NASDAQ: GREE) announced the appointment of Terence Burke as General Counsel, effective January 7, 2022. Burke brings extensive legal experience from his previous roles at First Solar, FERC, and several power companies. CEO Jeff Kirt emphasized Burke's suitability due to his background in the green energy sector and regulatory oversight. Burke expressed enthusiasm about contributing to Greenidge's growth and noted the company's commitment to carbon-neutral bitcoin mining. Greenidge operates as a vertically integrated bitcoin mining and power generation firm.

Positive

• Appointment of Terence Burke as General Counsel, enhancing legal expertise.
• Burke's experience in the green energy sector aligns with Greenidge's carbon-neutral goals.
• Greenidge's focus on carbon neutrality provides a competitive advantage in bitcoin mining.

Negative

• None.

FAIRFIELD, Conn., Jan. 7, 2022 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced that Terence Burke has joined the company as General Counsel.

Mr. Burke was previously assistant general counsel at First Solar, Inc.  Prior to First Solar, he was an attorney with the Federal Energy Regulatory Commission ("FERC").  Before joining the FERC, Mr. Burke held senior legal positions at Entergy Corporation, Allegheny Energy, Inc. and Niagara Mohawk Corporation.

"We are delighted to have Terry join our team," said Jeff Kirt, Greenidge Chief Executive Officer. "His extensive experience as in-house counsel at several public companies in the green energy and merchant power industries as well as his experience in regulatory oversight makes him an ideal fit for Greenidge."

"I am excited to join Greenidge as General Counsel and look forward to contributing to the company's continued growth into new markets," Mr. Burke said. "Greenidge's position as a vertically integrated bitcoin mining company and its focus on carbon neutrality provides a unique and significant competitive advantage for the company as it expands to new locations."

Mr. Burke will be joining Greenidge at its corporate headquarters which recently moved to Fairfield, CT.

About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated bitcoin mining and power generation company. Greenidge is committed to 100% carbon-neutral bitcoin mining at all of its locations by utilizing low-carbon sources of energy and offsetting its carbon footprint.

View original content:https://www.prnewswire.com/news-releases/terence-burke-joins-greenidge-generation-as-general-counsel-301456075.html

SOURCE Greenidge Generation Holdings Inc.

FAQ

Who is Terence Burke and what is his role at Greenidge Generation?

Terence Burke has joined Greenidge Generation as General Counsel, bringing extensive legal experience in the energy sector.

What is Greenidge Generation's commitment to carbon neutrality?

Greenidge Generation is committed to 100% carbon-neutral bitcoin mining at all locations.

When did Terence Burke join Greenidge Generation?

Terence Burke joined Greenidge Generation on January 7, 2022.

What are Greenidge Generation's main business operations?

Greenidge Generation operates as a vertically integrated bitcoin mining and power generation company.

What competitive advantage does Greenidge Generation claim to have?

Greenidge claims its focus on carbon neutrality gives it a significant competitive advantage in the bitcoin mining market.