Gareth Miller Joins Clean Energy Capital Board for Growth

Exciting New Appointment at Clean Energy Capital

True Green Capital Management LLC ("TGC" or the "Firm"), a recognized leader in the renewable energy sphere, has made a significant move by announcing Gareth Miller as the newest member of Clean Energy Capital's ("CEC") board. This strategic appointment marks TGC's third investment in the European market, a space where clean energy innovations continue to gain momentum.

Gareth Miller's Expertise

Gareth Miller is not just any executive; he brings with him over 20 years of invaluable experience in infrastructure project finance and energy policy. Before his role at CEC, Gareth led Cornwall Insight, where he honed his skills in guiding energy projects toward success. His previous positions included senior roles at Barclays and advising for the Department for Energy and Climate Change, which equipped him with a rich understanding of the industry's landscape.

Strategic Insights for CEC

Will Morgan, TGC's Managing Director for Europe, emphasized the importance of Gareth’s appointment, stating that it would greatly enhance CEC's strategy moving forward. In Morgan’s words, “We pride ourselves on being at the forefront of the energy transition revolution, and we believe CEC is strongly positioned to capitalize on growing customer demand for renewable energy.” Gareth, with his insights, is expected to provide guidance that's crucial for shaping and executing CEC's growth strategy.

CEC's Mission and Vision

Gareth expressed his enthusiasm about joining a team committed to making a positive impact. He mentioned that CEC has a unique approach to delivering renewable energy projects that not only provide green power but also contribute significantly to economic growth and carbon footprint reduction. This aligns perfectly with TGC's expertise in investment and renewable energy, paving the way for successful collaboration.

Understanding Clean Energy Capital's Position

Alexander Goodall, Founder and CEO of CEC, articulated the excitement surrounding Gareth’s addition to the board. His operational and market expertise will be crucial as CEC approaches its future goals. Goodall remarked that with TGC's considerable investment and support, there is a strong foundation to accelerate growth and provide renewable energy solutions to some of the largest power consumers.

About True Green Capital Management

True Green Capital Management LLC focuses on distributed solar power generation and related investments. With a base in Westport, Connecticut, and a presence in London, TGC is committed to capitalizing on emerging markets in both the United States and Europe. Founded in 2011, the firm prides itself on its teams' experience in originating, financing, constructing, and operating renewable energy projects.

Future Opportunities for Distributed Power Generation

TGC sees a bright future in the distributed power generation sector, which is worth over $2 trillion and expected to expand. Advancements in technology and declining costs have made distributed solar power competitive with traditional electricity sources. This is especially true in various regions in the U.S. and Europe, where creating new power infrastructure must be both quick and cost-effective.

Building a Portfolio of Clean Energy

To date, TGC has successfully built a portfolio encompassing distributed solar power generation across multiple states and regions, providing clean and renewable energy solutions. This portfolio includes diverse locations, ensuring a broad reach and impact in energy generation throughout the country and beyond.

What Sets Clean Energy Capital Apart

Established in May 2021, CEC has quickly emerged as a leader in private wire renewable energy solutions. The firm specializes in utility-scale projects designed to reduce dependence on the national grid while enhancing local energy security. Their proactive approach allows large power users to benefit from direct renewable power, fulfilling both economic and environmental goals.

Contact and More Information

For those interested in learning more about TGC and CEC, further information is available through their official communications. Their dedication to renewable energy and innovative approaches to energy policies position them as a remarkable force in the sector.

Frequently Asked Questions

Who is Gareth Miller?

Gareth Miller is an experienced executive in the energy sector, known for leading Cornwall Insight and now serving on the board of Clean Energy Capital.

What role does True Green Capital Management play?

TGC is a private equity firm focused on investing in distributed solar power generation and related renewable energy projects.

What are CEC's goals?

Clean Energy Capital aims to provide large power users with lower-cost renewable energy solutions while reducing reliance on the grid.

How significant is the renewable energy market?

The distributed power generation market is valued at approximately $2 trillion and is expected to continue growing with advancements in technology.

Why is Gareth Miller's appointment important?

His appointment brings extensive industry knowledge and strategic insights, essential for driving CEC's growth plans in the renewable energy space.

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