Sustainable infrastructure investor and operator announced today the appointment of former U.S. DOE Under Secretary for Infrastructure David Crane as its new CEO and Chairman of the board.
Crane is taking over the CEO role from Generate co-founder Scott Jacobs, who has served in the role for over ten years.
Generate said that the new appointment comes as the firm “positions itself to capitalize on opportunities in a rapidly evolving energy market.”
Richard Kauffman, former Chairman and current Independent Director of Generate Capital, said:
“Generate was founded on the belief that combining operators and investors creates the best opportunity to deliver value to shareholders and fund investors…
