SolMicroGrid Announces Appointment of Kirk Edelman as Chief Executive Officer

Rhea-AI Summary

SolMicroGrid, a microgrid company focused on commercial and industrial end markets, has appointed Kirk Edelman as its new CEO. The company is backed by Morgan Stanley Energy Partners and continues to operate, construct, and develop solar-enabled microgrid assets for its clients.

NEW YORK--(BUSINESS WIRE)-- SolMicroGrid, an Energy-as-a-Service microgrid company focused on commercial and industrial (“C&I”) end markets, announced today the appointment of Kirk Edelman as Chief Executive Officer, effective immediately. Kirk joins SolMicroGrid following recent senior executive roles at Safari Energy, a solar-focused renewables developer focused on C&I end markets, and Verdagy, a green hydrogen company. SolMicroGrid continues to be backed by Morgan Stanley Energy Partners, part of Morgan Stanley Investment Management.

John Moon, Head of Morgan Stanley Energy Partners, said, “We are delighted to be partnering with Kirk Edelman as the next CEO of SolMicroGrid. He brings years of senior executive experience in scaling C&I-focused renewable energy businesses. We look forward to working with Kirk in his new role to support the continued growth of SolMicroGrid. Kirk embodies the world-class talent we seek to partner with in all our energy businesses.”

Kirk Edelman, CEO of SolMicroGrid, said, “I am excited to join the SolMicroGrid team and to continue delivering on our customers’ ambitious energy resiliency, sustainability, and cost-efficiency goals. I believe in the company’s mission and look forward to expanding the business to serve new customers and new end markets.”

SolMicroGrid continues to operate, construct, and develop solar-enabled microgrid assets for its C&I clients and is committed to finding innovative solutions to customers’ energy and resiliency needs.

About SolMicroGrid

Headquartered in Alpharetta, Georgia, SolMicroGrid is a differentiated developer and operator of solar-enabled microgrid systems offering energy resiliency and efficiency to commercial and industrial customers. SolMicroGrid is a portfolio company of Morgan Stanley Energy Partners. For further information about SolMicroGrid, please visit www.solmicrogrid.com.

About Morgan Stanley Energy Partners

Morgan Stanley Energy Partners, the energy-focused private equity business of Morgan Stanley Investment Management, is a leading energy private equity platform that makes privately negotiated equity and equity-related investments in energy companies located primarily in North America. Morgan Stanley Energy Partners pursues a differentiated investment strategy, focused on the buyout and build-up of strategically attractive, established energy businesses across the energy value chain in partnership with world-class management teams. For further information about Morgan Stanley Energy Partners, please visit www.morganstanley.com/im/energypartners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240117386540/en/

SolMicroGrid Contact:

Kristin Hogan

khogan@solmicrogrid.com

Phone: +1 678.761-5562



Morgan Stanley Energy Partners Contact:

Alyson Barnes, Managing Director

alyson.barnes@morganstanley.com

Phone: +1 212 762-0514

Source: SolMicroGrid

FAQ

Who is the new CEO of SolMicroGrid?

Kirk Edelman has been appointed as the new CEO of SolMicroGrid.

What is the focus of SolMicroGrid?

SolMicroGrid is focused on commercial and industrial end markets.

Who backs SolMicroGrid?

SolMicroGrid is backed by Morgan Stanley Energy Partners.

What does SolMicroGrid do for its clients?

SolMicroGrid operates, constructs, and develops solar-enabled microgrid assets for its clients.