GridStor Names Frank Burkhartsmeyer Chief Financial Officer
GridStor, a developer and operator of grid-scale battery energy storage systems, has appointed Frank Burkhartsmeyer as its new Chief Financial Officer, effective August 28. Burkhartsmeyer brings over 25 years of financial and operational experience in the utility and renewable energy sectors, most recently serving as Executive Vice President of Strategy and Business Development and CFO at NW Natural (NYSE: NWN).
In his new role, Burkhartsmeyer will oversee GridStor's finance organization as the company plans to build emission-free batteries for regional energy grids. GridStor, backed by Goldman Sachs Asset Management, aims to accelerate growth and become the leading battery storage developer and operations platform in North America. The company focuses on developing, acquiring, and operating utility-scale, standalone battery storage projects across the continent.
GridStor, sviluppatore e operatore di sistemi di stoccaggio energetico con batterie su scala di rete, ha nominato Frank Burkhartsmeyer nuovo Direttore Finanziario, con effetto dal 28 agosto. Burkhartsmeyer porta oltre 25 anni di esperienza finanziaria e operativa nei settori dei servizi pubblici e delle energie rinnovabili, avendo recentemente ricoperto il ruolo di Vicepresidente Esecutivo per la Strategia e lo Sviluppo Aziendale e CFO presso NW Natural (NYSE: NWN).
Nel suo nuovo ruolo, Burkhartsmeyer supervisionerà l'organizzazione finanziaria di GridStor mentre l'azienda pianifica la costruzione di batterie a zero emissioni per le reti energetiche regionali. GridStor, sostenuta da Goldman Sachs Asset Management, mira ad accelerare la crescita e diventare il principale sviluppatore di stoccaggio di batterie e piattaforma operativa in Nord America. L'azienda si concentra sullo sviluppo, acquisizione e gestione di progetti di stoccaggio di batterie su scala utility in tutto il continente.
GridStor, un desarrollador y operador de sistemas de almacenamiento de energía con baterías a escala de red, ha nombrado a Frank Burkhartsmeyer como su nuevo Director Financiero, a partir del 28 de agosto. Burkhartsmeyer aporta más de 25 años de experiencia financiera y operativa en los sectores de servicios públicos y energías renovables, habiendo sido recientemente Vicepresidente Ejecutivo de Estrategia y Desarrollo Empresarial y CFO en NW Natural (NYSE: NWN).
En su nuevo cargo, Burkhartsmeyer supervisará la organización financiera de GridStor mientras la empresa planea construir baterías sin emisiones para las redes energéticas regionales. GridStor, respaldada por Goldman Sachs Asset Management, busca acelerar el crecimiento y convertirse en el principal desarrollador de almacenamiento de baterías y plataforma de operaciones en América del Norte. La empresa se centra en desarrollar, adquirir y operar proyectos de almacenamiento de baterías a gran escala en todo el continente.
GridStor는 그리드 스케일 배터리 에너지 저장 시스템의 개발자이자 운영자로서 Frank Burkhartsmeyer를 새로운 최고 재무 책임자(CFO)로 임명했습니다. 발효일자는 8월 28일입니다. Burkhartsmeyer는 최근 NW Natural(NYSE: NWN)에서 전략 및 사업 개발 부사장과 CFO로 재직하며 유틸리티 및 재생 에너지 분야에서 25년 이상의 재무 및 운영 경험을 가지고 있습니다.
그의 새로운 역할에서 Burkhartsmeyer는 GridStor의 재무 조직을 감독하여 회사가 지역 에너지 그리드를 위한 배출 없는 배터리 구축을 계획할 수 있도록 합니다. Goldman Sachs Asset Management의 지원을 받는 GridStor는 성장을 가속화하고 북미에서 선도적인 배터리 저장 개발자 및 운영 플랫폼이 되는 것을 목표로 하고 있습니다. 이 회사는 대륙 전역에서 유틸리티 규모의 독립형 배터리 저장 프로젝트를 개발, 인수 및 운영하는 데 주력하고 있습니다.
GridStor, un développeur et opérateur de systèmes de stockage d'énergie à grande échelle avec des batteries, a nommé Frank Burkhartsmeyer comme nouveau directeur financier, avec effet au 28 août. Burkhartsmeyer apporte plus de 25 ans d'expérience financière et opérationnelle dans les secteurs des services publics et des énergies renouvelables, ayant récemment été vice-président exécutif de la stratégie et du développement commercial ainsi que directeur financier chez NW Natural (NYSE: NWN).
Dans son nouveau rôle, Burkhartsmeyer supervisera l'organisation financière de GridStor alors que l'entreprise prévoit de construire des batteries sans émission pour les réseaux énergétiques régionaux. GridStor, soutenue par Goldman Sachs Asset Management, vise à accélérer sa croissance et à devenir le principal développeur et plateforme opérationnelle de stockage de batteries en Amérique du Nord. L'entreprise se concentre sur le développement, l'acquisition et l'exploitation de projets de stockage de batteries à l'échelle des services publics à travers le continent.
GridStor, ein Entwickler und Betreiber von Batteriespeicherlösungen in Netzgröße, hat Frank Burkhartsmeyer als neuen Finanzvorstand (CFO) mit Wirkung zum 28. August ernannt. Burkhartsmeyer bringt über 25 Jahre an finanzieller und operativer Erfahrung im Versorgungs- und Erneuerbare-Energien-Sektor mit, wobei er zuletzt als Executive Vice President für Strategie und Geschäftsentwicklung sowie CFO bei NW Natural (NYSE: NWN) tätig war.
In seiner neuen Rolle wird Burkhartsmeyer die Finanzorganisation von GridStor leiten, während das Unternehmen plant, emissionsfreie Batterien für regionale Energienetze zu bauen. GridStor, unterstützt von Goldman Sachs Asset Management, zielt darauf ab, das Wachstum zu beschleunigen und der führende Entwickler von Batteriespeicherlösungen sowie eine Betriebsplattform in Nordamerika zu werden. Das Unternehmen konzentriert sich auf die Entwicklung, Akquisition und den Betrieb von Batteriespeicherprojekten der Versorgungsgröße auf dem gesamten Kontinent.
- Appointment of experienced CFO with 25 years in utility and renewable energy sectors
- Strategic backing from Goldman Sachs Asset Management
- Company's focus on emission-free battery storage for regional energy grids
- Competitive pipeline of origination and acquisition opportunities
- None.
Burkhartsmeyer joins GridStor with more than 25 years of financial and operational experience in the utility and renewable energy sectors
"Frank is a proven finance leader who brings to GridStor a 25-year track record of value creation in the utility and renewable energy sectors,” said Chris Taylor, CEO of GridStor. "We are thrilled to welcome Frank to the team and look forward to leveraging his talent to accelerate our growth and build the leading battery storage developer and operations platform in North America.”
As CFO, Burkhartsmeyer will report to Taylor and will be responsible for overseeing GridStor’s finance organization as the company moves forward with plans to build emission-free batteries to power regional energy grids in
“I am excited to join GridStor and look forward to working with Chris and the rest of the leadership team to help drive forward the company’s commitment to a future in which reliable electricity is delivered without carbon pollution,” said Burkhartsmeyer. “GridStor’s strategic vision, strong financial backing, competitive pipeline of both origination and acquisition opportunities, and depth of technical talent position the company for market-leading returns in the energy storage industry.”
Prior to his role at NW Natural, Burkhartsmeyer served as president and chief executive officer at Avangrid Renewables (formerly PacifiCorp Power Marketing), an early mover in the renewable energy industry. He also served as managing director of corporate strategy at ScottishPower and treasury director at PacifiCorp. Burkhartsmeyer holds a Master of Business Administration degree from the University of
GridStor develops and operates battery facilities directly integrated with American power infrastructure, storing electricity to deliver when it is most needed. GridStor is backed by Goldman Sachs Asset Management and comprises a team of seasoned energy professionals with a record of past accomplishments in energy storage and clean energy project acquisition, development, and management.
About GridStor
GridStor is enabling the transition to a clean energy grid by deploying flexible grid-connected batteries at scale. GridStor develops, acquires, and operates utility-scale, standalone battery storage projects primarily across
About Goldman Sachs Asset Management
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world’s leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing more than
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Media
Jessica Resnick-Ault
GridStor@EdelmanSmithfield.com
Source: GridStor
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