New Energy Equity (New Energy), a wholly-owned subsidiary of ALLETE, announced the promotions of several members of their executive team:
- Josh Kunkel to President of New Energy Equity
- Lindsey Gillis to Chief Administrative Officer
- Dean Eastlake III to Chief Operations Officer
- Jamie Borell to Senior Vice President Land and Business Development
- Eric Pasi to Senior Vice President, New Market Development and Marketing
- Eric Hanson to Vice President, Engineering and Construction
Co-founder Matt Hankey will continue to lead New Energy as Chief Executive Officer.
“With more than 80 years combined solar energy industry experience and a tremendous track record of leading solar finance and development, we are thrilled to announce these promotions within our leadership team,” Hankey said. “I look forward to working closely with this team in their new roles, along with the rest of the team as we continue the growth, success, and evolution of the New Energy Equity brand.”
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In his previous position as Vice President of Business Development, Kunkel was instrumental in New Energy’s growth over the past three years. He played a key role in the acquisition of New Energy by ALLETE in April 2022, along with the merger and integration of Impact Power Solutions and Energy Support Services by New Energy this year. As president, Kunkel will lead all commercial and project acquisition activities while collaboratively running daily management of New Energy with Hankey.
“The accomplishments of the New Energy team have been remarkable, and I am honored to be a part of its success,” Kunkel said. “Now, with the backing of ALLETE, our world-class team is poised for even further growth in our mission to leave behind a better world through the advancement of clean energy.”
Previously, as VP of Operations, Gillis excelled at providing oversight of resources engaged at every phase of project development, including due diligence, planning, and project implementation, significantly contributing to the company’s competitive management strength and value benefiting its many partners and projects. As Chief Administrative Officer, Gillis will now also oversee Human Resources, including recruiting, staffing resource allocation, and professional development as well as lead New Energy’s Diversity Equity and Inclusion Committee.