Key Takeaways
- • NineDot Energy appointed Alexis Glick as Chief Executive Officer, effective immediately, succeeding co-founder David Arfin, who led the company from its founding.
- • Glick brings nearly three decades of experience across renewable energy, infrastructure, finance and capital markets, including her role as CEO of Nature Energy North America.
- • NineDot operates 11 projects totaling 39 MW, has more than 60 projects under construction or in development, and a pipeline exceeding 1 GW.
- • The company, backed by Manulife Investment Management and Carlyle, has raised more than $1B to support its growth.
Summary
NineDot Energy, the developer and operator of community-scale battery energy storage systems in the New York City metropolitan region, announced the appointment of Alexis Glick as Chief Executive Officer, effective immediately, according to a Business Wire release. Glick succeeds co-founder and CEO David Arfin, who led NineDot from its founding through its development into what the company describes as a premier community-scale battery storage platform. The appointment comes as the company enters its next phase of growth.
NineDot reports 11 operating projects totaling 39 MW, more than 60 additional projects under construction or in development, and a pipeline exceeding 1 GW. The company says it has raised more than $1B to support its growth and is backed by Manulife Investment Management and Carlyle. Arfin noted the recent ribbon-cutting at the company's largest battery storage site in Hunts Point and said the company now has its strongest pipeline yet. Co-founders Adam Cohen and Nalin Kulatilaka remain part of the company's leadership team.
Glick brings nearly three decades of leadership experience across renewable energy, infrastructure, finance and capital markets. As CEO of Nature Energy North America, she oversaw the company's expansion across the United States and Canada and advanced strategic partnerships in renewable natural gas development. She has also served as a public company director and as an executive advisor to private equity firms and their portfolio companies in the energy, infrastructure and sustainability sectors. In her statement, Glick said she intends to advance NineDot's New York project pipeline, scale the business and expand its partnerships and capital solutions. Cohen, NineDot's Co-founder and Chief Technology Officer, said he expects Glick to bring the experience and leadership needed to help the company grow.
NineDot reports 11 operating projects totaling 39 MW, more than 60 additional projects under construction or in development, and a pipeline exceeding 1 GW. The company says it has raised more than $1B to support its growth and is backed by Manulife Investment Management and Carlyle. Arfin noted the recent ribbon-cutting at the company's largest battery storage site in Hunts Point and said the company now has its strongest pipeline yet. Co-founders Adam Cohen and Nalin Kulatilaka remain part of the company's leadership team.
Glick brings nearly three decades of leadership experience across renewable energy, infrastructure, finance and capital markets. As CEO of Nature Energy North America, she oversaw the company's expansion across the United States and Canada and advanced strategic partnerships in renewable natural gas development. She has also served as a public company director and as an executive advisor to private equity firms and their portfolio companies in the energy, infrastructure and sustainability sectors. In her statement, Glick said she intends to advance NineDot's New York project pipeline, scale the business and expand its partnerships and capital solutions. Cohen, NineDot's Co-founder and Chief Technology Officer, said he expects Glick to bring the experience and leadership needed to help the company grow.
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