Joint entity will combine expertise from both companies
JERA and BP have announced the leadership team for their planned 50-50 offshore wind joint venture.
The companies agreed to combine their offshore wind businesses to form the joint venture JERA Nex BP in December.
The new entity will be led by chief executive Nathalie Oosterlinck, who is currently the CEO of JERA Nex.
Erin Eisenberg, the current vice-president of finance and low-carbon energy at BP, will be the chief financial officer.
Chief development officer will be Richard Sandford, who is currently senior vice-president of offshore wind at BP.
Zlati Christov will take on the role of chief investment officer, a title he currently holds at JERA Nex.
Parkwind chief executive Eric Antoons will become the chief operating officer, while Alfonso Montero Lopez will be chief technical officer.
Lopez is currently vice-president of offshore wind engineering at BP.
The formation of JERA Nex BP is intended to accelerate development from the combined pipelines and bolster access to competitive financing.
Global chief executive and chair of JERA Yukio Kani said: “The leadership team of JERA Nex BP brings together the best characteristics of both companies and has the experience and expertise to lead this next phase of development in offshore wind energy.
“With the backing of two strong shareholders with a long history of cooperation, and with an exciting and globally diversified development portfolio we are confident JERA Nex BP will play a critical role in the energy transition in Japan, the UK and beyond.”
William Lin, executive vice president for gas and low carbon energy at BP, said: “JERA Nex BP will enter the market with a world-class leadership team and a strong portfolio of high-quality operating assets and projects pipeline.
“As a leading independent platform for renewables development, the JV will benefit from the strong partnership between the two shareholders that extends beyond low carbon energy.”
The announcement of the JERA Nex BP leadership team was made in the presence of Yoji Muto, Japan’s Minister of Economy, Trade and Industry; Jonathan Reynolds, UK Secretary of State for Business and Trade; and Julia Longbottom, the British Ambassador to Japan as part of the signing ceremony for the memorandum of cooperation in offshore wind power.
Subject to regulatory and other approvals, the new entity will have operating and development assets totalling 13GW potential net generating capacity across Europe, Asia Pacific and the US.
Pictured, from left: Yoji Muto, Yukio Kani (Global CEO and chair of JERA), William Lin, and Jonathan Reynolds
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