NextEnergy Promotes Ross Grier to CIO Amid Strong Expansion Plans

Portfolio - People | Feb 03, 2025 | NextEnergy Capital Ltd

NextEnergy Group has announced a significant restructuring aimed at strengthening its business model and leadership team. Key appointments include Ross Grier as Chief Investment Officer of NextEnergy Capital, effective January 30, 2025. Grier, previously COO, will lead investment, fund management, and portfolio activities. Carrie Cushing joins as Group Chief People Officer, managing human resources operations, while Zoey Carver becomes the Group Chief Technology and Information Officer, focusing on technology and data management. Additional strategic advisor roles are filled by Andrew Newington, as Senior Advisor and Chair of the Investment Committee, and Armin Sandhvel, joining the Advisory Board. These changes position NextEnergy to capitalize on anticipated global growth in the renewables sector. Aldo Beolchini steps back from operational roles but remains as a board member and shareholder. CEO Michael Bonte-Friedheim emphasizes the importance of integrating fresh perspectives with seasoned expertise to navigate sector challenges and opportunities.

Sectors

  • Renewable Energy
  • Investment Management

Geography

  • United Kingdom – NextEnergy Group is based in the UK, with several of its newly appointed executives having prior roles in notable UK companies, which signifies its geographical focus and influence.
  • Global – The article highlights NextEnergy's operations and expansions on a global scale, especially within the international renewable energy market.

Industry

  • Renewable Energy – The article focuses on NextEnergy Group's efforts to position itself for growth in the global renewables sector, emphasizing leadership changes that align with this strategic focus.
  • Investment Management – NextEnergy Capital's core activities involve investment management and fund management, necessitating executive changes to support strategic growth initiatives in these areas.

Financials

    Participants

    NameRoleTypeDescription
    NextEnergy CapitalParent CompanyCompanyA London-based private equity firm specializing in renewable energy investments.
    Ross GrierChief Investment OfficerPersonPromoted to Chief Investment Officer of NextEnergy Capital, responsible for investment activities, fund and portfolio management.
    Carrie CushingGroup Chief People OfficerPersonOverseeing human resources functions at NextEnergy Group, with a focus on talent acquisition and management.
    Zoey CarverGroup Chief Technology and Information OfficerPersonHeads technology and information management at NextEnergy Group, specializing in systems and data management.
    Andrew NewingtonSenior Advisor & Chair of Investment CommitteePersonProvides strategic investment advice, supporting NextEnergy's growth and expansion efforts.
    Armin SandhvelAdvisory Board MemberPersonJoins the advisory board to contribute to NextEnergy's climate-related strategies and initiatives.
    Michael Bonte-FriedheimFounder & CEOPersonCEO of NextEnergy Group, overseeing strategic restructuring and leadership development.
    Aldo BeolchiniBoard MemberPersonFormerly held operational roles, continues involvement as a board member.