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ACORE Elects New Board Chair

Ørsted’s Declan Flanagan to Succeed David Giordano of BlackRock

WASHINGTON, D.C. — The American Council on Renewable Energy (ACORE) today announced that Declan Flanagan, Executive Vice President and CEO of Ørsted’s Onshore business, will become Chair of the organization’s Board of Directors this coming June. Flanagan will succeed David Giordano, BlackRock’s Managing Director and Global Head of Renewable Power, who has served for the last two years as ACORE’s Board Chairman.

“During this period of significant ACORE growth, David Giordano has been a transformative Board Chair, and we are deeply appreciative of his service,” said ACORE President & CEO Gregory Wetstone. “ACORE is fortunate to be able to turn to such a widely-respected leader in our industry to Chair our Board following David’s tenure. Declan Flanagan’s leadership will help take the organization to the next level as we work to accelerate America’s transition to renewable energy.”

Flanagan founded Lincoln Clean Energy (LCE), which was acquired by Ørsted in late 2018. Previously, Flanagan served as CEO of the North American business of German utility E.ON, having joined though the acquisition in 2007 of Airtricity North America which he also founded. Full Bio: https://acore.org/board-of-directors/declan-flanagan/

“It is an honor to be elected the Chair of ACORE’s Board of Directors and I look forward to working with my Board colleagues and the ACORE executive team to accelerate the realization of a more secure and sustainable U.S. energy economy,” said Flanagan. “Under David’s chairmanship, ACORE has delivered real impact and I’m delighted to have this opportunity to further build on that foundation as we work toward realizing the clean energy transition.”

Giordano will remain on the ACORE Board of Directors and will continue on the Board’s Executive Committee after transitioning from the Chairman role in June.

“Serving alongside my fellow board members at ACORE these last few years has been tremendously rewarding and I’m proud of the leadership the organization has shown in growing sustainable investment in the U.S.,” said Giordano. “But there is more to be done, and I look forward to working closely with our new chairman, Declan, and the entire ACORE organization to help investors, developers and policymakers share insights and drive investment in renewable power.”

For a full list of ACORE’s Board of Directors, please visit www.acore.org/board-of-directors.

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About ACORE:
Founded in 2001, the American Council on Renewable Energy (ACORE) is the nation’s premier pan-renewable organization uniting finance, policy and technology to accelerate the transition to a renewable energy economy. For more information, please visit www.acore.org.

About Ørsted:
Ørsted is a global renewable energy company with operations in Europe, Asia-Pacific and North America. Publicly traded since 2016 and headquartered in Denmark, the company comprises three business units; Offshore Wind, Onshore Renewables and Markets & Bioenergy. In the United States, the company’s renewable energy portfolio spans technologies and geographies with onshore wind, offshore wind, solar and storage in operation or construction across Texas, the Midwest and Northeast markets. Ørsted has the ambition to be a global green energy major in the rapidly expanding renewable energy market with 30 gigawatts of installed capacity by 2030, enough to power the lives of more than 55 million people.

The Ørsted vision is a world that runs entirely on green energy. Ørsted ranks #1 in Corporate Knights’ 2020 index of the Global 100 most sustainable corporations in the world and is recognized on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,500 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the group’s revenue was DKK 67.8 billion (EUR 9.1 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter.

Media Contact:
Alex Hobson, Vice President of Communications, ACORE
hobson@acore.org | 202.777.7584 (o) | 202.594.0706 (c)