• As CEO of Zelestra US, Phil will accelerate Zelestra’s growth and multi-technology strategy in the US market

• He will oversee the expansion of Zelestra’s US renewables portfolio, delivering carbon-free tailored solutions to strategic customers

Zelestra, a client-focused, multi-technology, global renewable energy company, has appointed Phillip North as CEO of its United States business unit, effective October 15.

Phil brings deep industry expertise and strategic vision to his new role, holding over fifteen years of experience in the energy sector. He has held notable leadership roles including Chief Financial Officer and Chief Commercial Officer of Pine Gate Renewables,  several growth and strategy orientated roles as well as Chief Risk Officer at The AES Corporation where he also served as a board member of AES Clean Energy.

With a proven track record of successfully signing gigawatts of US renewable PPAs and raising billions in equity, development capital, and project finance, Phil will be pivotal in evolving and executing the market strategy for Zelestra’s operations in the United States. Facilitating rapid growth through a strong senior executive team, Phil and the US team will target a 15 GW multi-technology renewables pipeline by the end of 2026. Phil’s appointment as CEO is an exciting next step towards these goals.

Aligned with the United States’ ambitious goal to achieve net zero emissions by 2050 and meet the growing renewable demand of AI-driven data center buildout of U.S. technology companies, Zelestra is dedicated to supporting the U.S. and its global and local clients in their decarbonization efforts. The company is actively expanding its US team, and Phil’s appointment is anticipated to accelerate such efforts.

On the appointment, Phillip North stated, “Taking on this new professional challenge is both an exciting opportunity and a great honor for me. I am committed to guiding our Business Unit in the US towards sustainable growth and success in the renewable energy sector. With our ambitious target of reaching a 15 GW multi-technology pipeline by 2026 and contributing to the US customers’ renewables goals, I am confident in our ability to make a significant impact in the renewable energy landscape.” 

Leo Moreno, CEO of the company, stated, “We are honored to welcome Phil to Zelestra. His tremendous financial acumen, strategic thinking, and driven leadership will accelerate our US Business Unit to new heights. Phil’s multi-disciplinary expertise will be instrumental in driving our efforts to become a leading player in the US market.” 

About Zelestra

With a portfolio of 25 GW of carbon-free projects across 13 countries, Zelestra is a vertically integrated company specializing in developing, commercializing, constructing, and operating large-scale renewable energy projects. Zelestra is made up of 953 professionals globally. It is backed by EQT, one of the largest fund managers in the world, with more than 232 billion euros in assets under management.