Industrial Sun Announces Four Key Hires

Experienced Appointments Position Industrial Sun for Immediate Deployment

AUSTIN, Texas–(BUSINESS WIRE)–Industrial Sun, an Austin-based utility-scale renewable energy developer, has hired four renewable energy industry veterans with a distinguished track record of success.

Together, the team has developed gigawatts of energy projects throughout the United States that are either in operation or currently under construction – representing billions of dollars of power generation investment. The new team members, reporting directly to Industrial Sun managing directors Wade Gungoll and Dan Seif, include:

• Alexandra Williams, VP of Origination. Alexandra is responsible for Industrial Sun’s origination efforts, where she devises creative power solutions to meet customer needs. Alex brings nine years of customer-focused and industrial-centric power management experience to Industrial Sun. Alex has negotiated, on behalf of industrial entities or as an intermediary, over 800 MW of renewable power purchases and managed the two largest demand response books in the ERCOT market, combining for more than 15 GW. Prior to joining the Industrial Sun team, she worked at ExxonMobil Corporation (XOM), where she was responsible for renewable power purchases, trading, growing the demand response portfolio, and managing key accounts in ERCOT, CAISO and MISO. Alex began her career at MP2 Energy on the real-time desk and later moved on to EDF Trading North America. Alex is the 2021 recipient of the Gulf Coast Power Association (GCPA) Empowering Young Professionals Award and holds both a B.A. and B.S. from the University of Houston.

• Katherine Valdelievre, VP of Real Estate. Katherine manages all real estate and associated development legal matters for Industrial Sun. Katherine came to the team from Apex Clean Energy, where she led their internal real estate legal matters. In her seven years with Apex, Katherine drafted, negotiated, and managed land agreements, construction finance agreements, and purchase agreements on over 2 GW of wind, solar, hydrogen, and storage projects throughout the United States. Katherine holds a B.A. from Wake Forest University and a J.D. from the University of Virginia School of Law.

• Jeff Sullivan, VP of Finance. Jeff leads the company’s financial planning, project finance activities, and manages relationships with current and potential capital partners. Jeff has four years of experience in large-scale solar finance, with 7x Energy and LightsourceBP, and was a key player in the financing of over 1.2 GW of projects, power contracting for over 900 MW, and the sale of a 9 GW development pipeline. Jeff started his career as a Naval Officer where he led design engineering, construction, testing, and lifecycle planning activities for aircraft carrier nuclear propulsion systems. Jeff holds a B.S. in mechanical engineering and an M.B.A., both from the University of Texas.

• Rich Clark, VP of Development. Rich comes to Industrial Sun with nine years of experience in utility-scale solar development and project engineering in the US and Latin America. Prior to Industrial Sun, Rich was the VP of Engineering at LightsourceBP, BP’s solar development vehicle, where he oversaw the transition of technical scope from the 7x Energy assets to BP. Prior to that, Rich was VP of Engineering at 7x Energy where he provided both engineering and direct development services to 7x Energy’s 10+ GW of developmental solar projects that are now in operation, under construction, or in later stages of development. In addition, he was the lead Development Engineer for hundreds of megawatts in the US and Latin America with SunPower. Rich also served over nine years in oil and gas industry engineering and project management with ExxonMobil. Rich holds a B.S. in mechanical engineering from the University of Texas and an M.B.A. from Drexel University, and he is a board member with Solar Austin.

“We moved quickly to enable immediate, top-quality operation via the acquisition of exceptional talent. Best-in-class development capabilities and a strong customer-centric focus are necessary for us to succeed in the competitive industrial-solutions power market. These new team members provide the necessary firepower,” said Dan Seif, Managing Director and Co-Founder of Industrial Sun.

About Industrial Sun

Industrial Sun is a renewable energy and storage developer, purpose-built to serve industrial and high energy demand customers, including refineries, pumping and compression stations, manufacturing and/or processing plants, terminals, and data centers. Our development team works with project landowners and surrounding communities to responsibly develop power projects that support the success of local communities for generations to come. Industrial Sun’s senior team shares more than 70 years of collective renewable energy experience and gigawatts of power project development, power sale, and financing experience. Industrial Sun is a Modern Energy company. For more information, visit www.industrialsun.com.

Contacts

Lauren Scolnic

media@modern.energy