GreenGo Appoints Jon Burke as new President Development, GreenGo US

As of February 1st 2017, we are pleased to have Jon Burke as President Development, US and part of our executive management team.

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Jon joins with more than 15 years of large scale solar and wind project development expertise in the U.S. Prior to joining GreenGo, he was VP of Development at Narenco, Senior Director and a pioneer of the company’s first solar project at APEX Clean Energy, and Business Development Manager at Shell within renewables. These extensive industry experiences involved full-cycle project management from origination to successful financial closure.

CEO Karsten Nielsen comments:

“We are extremely pleased to have Jon Burke on board to help us manage our significant scale in the US. This demonstrates our ability to recruit industry’s top talent that buy into the GreenGo vision, culture and values“

 

About GreenGo Energy Group A/S

GreenGo Energy Group A/S was founded in 2011 with a vision to disrupt the century-old centralized utility-scale business models through disruptive full-service solar solutions.

GreenGo quickly obtained a market leadership position in the Nordics with MW solutions for blue-chip clients including IKEA, Porsche Holding, SEB, Danica Pension, and Pension Denmark.

Throughout 2015 and 2016, we have invested significantly in global expansion with a focus on the U.S. market. In close collaboration with our strategic project financing partners, we are currently developing more than 1.4GW in several U.S. states. In order to secure maximal business and environmental impact, we exclusively focus on large-scale 100MW+ solutions and target 100% RE conversion of the C&I clients.

GreenGo’s platform is a full-service solution including origination, development, engineering, construction, operations & maintenance, asset management, and project financing services. We continue to innovate and develop the full-service platform, business models, and disruptive products and services that drive disruptions in the cost of solar energy and create customer and investor convenience.

Our strategic focus lies on the business model that maintains positive cash-flow throughout project execution, avoids debt, and keeps solar assets off our balance sheet. In order to enhance our competitiveness and total earnings per Watt installed, we focus on developing project financing solutions that continuously lower cost-of-capital.

Furthermore, the paradigm going forward is what we call Solar 2.0: solutions that do not rely on government subsidies or incentives. We consider this essential for developing a sustainable growth platform.

Our organization currently consists of 30 skilled employees in Denmark, USA, and Mexico. More than 50% of these employees have an engineering background. The financial targets are ambitious, and we plan to have more than 2GW in operation by 2020, thus becoming a GW company.

GreenGo is owned by founders and financially strong Danish family offices, ensuring strong backing and a long-term view on the development of the company.