The Penso Power leadership team come from career backgrounds in energy, private equity and investment banking. We are well positioned to optimise all aspects of our projects, delivering superior returns for our investors.
Chairman - John Wybrew OBE
Following a 30-year career at Shell, John served as an Executive Director on the boards of British Gas and its successor companies, latterly National Grid.
For 8 years thereafter, he was a non-executive Director of the energy regulator, Ofgem.
John chaired the British Energy Association from 2005 to 2007 and the Foundation for Management Education from 2000 to 2013.
Until 2009, he was Chairman of a government-backed Sector Skills Council for which he was awarded an OBE.
John has taken an active part in the development of new ventures seeking to apply innovative technology to the drive for sustainability and energy conservation.
CEO - Richard Thwaites
Richard spent a most of his career in investment banking roles at Morgan Stanley, HSBC and latterly as Managing Partner and head of Energy and Renewables at Emergent Capital Partners.
Richard was Chairman of Limejump, the leading energy technology company that manages one of the world's
largest portfolios of distributed battery assets through its virtual power plant, until its acquisition by Shell in February 2019.
Richard founded Penso Power in 2017.
CFO/COO - Andrew McAleavey
Andrew has over 25 years experience in a range of finance roles of which the last 10 years has been as CFO and board member. Most recently Andrew was interim CFO of Limejump with prior roles including CFO of a Fidelity International backed healthcare fund and CFO of Carat Security, a PE backed manufacturing group.
Andrew has raised growth capital, overseen investment decisions and lead business planning.
Andrew is a qualified management accountant.
Director - Erik Nygard
Erik is the founder and former CEO of Limejump, a world-leading energy technology company, taking that business from inception through VC-funded growth, exit to Shell and integration into the broader Shell New Energies operations. Erik has very substantial experience and expertise in energy markets, trading, hedging and optimisation.
Erik's focus at Penso Power is renewable energy and energy storage opportunities in Africa.