Lori Sundberg
Newly public Shoals Technologies Group has added three executives two of them from the renewable energy sector to its board of directors, growing the group to 10 and more than doubling the number of members considered to be independent.
Coming aboard at Portland-based Shoals, which makes parts for solar energy systems and which completed a very successful initial public offering
in late January, are Lori Sundberg, Toni Volpe and Ty Daul.
Sundberg is executive vice president and chief human resources officer for hard drive and storage systems maker Western Digital Corp. She has more than 30 years of HR experience and has overseen initiatives focused on culture, organizational effectiveness, leadership development and more. Before joining Western Digital in early 2018, she worked at construction and engineering company Jacobs, Arizona Public Services Co. and American Express.
Eni forms joint venture to deploy 1GW of renewables in Italy by 2025
Image: Eni.
Oil group Eni and Italian state lender Cassa Depositi e Prestiti (CDP) have created a joint venture (JV) that will invest more than €800 million (US$953 million) in Italy’s renewables sector by 2025.
GreenIT, which is 51% owned by Eni and 49% by CDP Equity, will produce energy mainly from PV and wind plants, with an aim of reaching 1GW of installed capacity in Italy in the next five years.
The JV will develop, construct and manage renewable energy projects at property assets owned by CDP, power plant sites that have reached the end of their useful life as well as greenfield locations.
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