Urban Grid, a Brookfield Renewable company and leading provider of clean energy, today named Saad Shamsi, a former Shell executive and seasoned leader in renewables delivery, as Chief Operating Officer.
“In recent years, I have focused on building teams and organizations for the successful delivery of solar and wind projects,” said Shamsi. “The opportunity to join Urban Grid in its evolution from developer to IPP is exciting and will enable me to work with a passionate and dedicated group of individuals who have built an impressive project pipeline.”
“We are working to establish Urban Grid as a world-class operator and leader in the industry. Saad’s previous roles in operations, maintenance, construction, at refineries, wind and solar power plants bring the critical skills needed to build out a reliable project delivery process,” said Peter Candelaria, Urban Grid CEO. “I’ve witnessed first-hand his passion for employee engagement and for building a culture of opportunity and ownership among teams. I’m thrilled to have him join our team!”
In January of 2022, Brookfield Renewable U.S. acquired Urban Grid. The acquisition tripled Brookfield Renewable’s U.S. development to 31,000 megawatts of capacity and set Urban Grid on a course for growth. The acquisition has enabled Urban Grid to transition its development assets into operating facilities. Today, the platform spans the lifecycle of solar and energy storage development through project delivery, from site acquisition, community engagement and development to engineering, commercialization and construction. Urban Grid is actively preparing for the asset management process as projects enter construction.
Brookfield Renewable operates one of the world’s largest publicly traded platforms for decarbonization technologies. Its portfolio consists of hydroelectric, wind, solar, distributed energy and sustainable technology solutions across five continents. Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $800 billion of assets under management.