Vanguard Renewables Appoints Neil H. Smith CEO | Business


BOSTON – (BUSINESS WIRE) – October 5, 2021–

Vanguard Renewables, a US leader in organics to renewable energy, today announced the appointment of Neil H. Smith as CEO.

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Neil H. Smith is CEO of Vanguard Renewables, a national leader in the development of food and dairy waste recovery projects into renewable energy. The company, based in Wellesley, Mass., Is committed to advancing decarbonization by reducing farm greenhouse gas emissions and food waste and supporting best practices in on-farm regenerative agriculture. partners. Vanguard Renewables owns and operates six anaerobic digestion facilities in the Northeast, is currently developing or building more than 100 sites nationwide, and plans to have built more than 150 sites in major US markets by 2025. Before Joining Vanguard Renewables, Mr. Smith was the CEO of InterGen. (Photo: Business Wire)

Mr. Smith is the former President and CEO of InterGen, an international energy company. Under his leadership, InterGen grew from a 20-person start-up to a multi-billion-dollar, 700-person global operations and development company specializing in the development, ownership and operation of ‘Power generation and related energy infrastructure assets spanning six continents and over 20 countries in regulated and deregulated markets. Mr. Smith has been instrumental in financing, constructing and operating more than $ 15 billion in development projects, including more than 25 power plants and related infrastructure. Prior to becoming CEO of InterGen, Mr. Smith was the company’s first COO. He has served on the board of directors of John Wood Group PLC and on the board of directors of PJM. Mr. Smith holds a Bachelor of Arts in Political Science from Emory University and an MBA from Harvard Business School.

“Combining Vanguard Renewables’ leadership position as a leading developer and operator of projects that convert organic waste into renewable natural gas with Neil’s proven track record in transformation will be a powerful combination for years to come. Vanguard is in the midst of a massive growth program that harks back to InterGen’s past as we seek to invest approximately $ 2.5 billion in approximately 150 anaerobic digesters projects in 30 states, generating renewable natural gas for utilities. governments and large corporations striving to meet their renewable energy goals. At InterGen, Neil has successfully implemented a much larger program in more complex geographies, and we are very pleased that his considerable management and implementation skills are focused on the very exciting opportunity at Vanguard ”, said George Polk, president of Vanguard Renewables.

“Neil’s decision to join the Vanguard team is a validation of the importance of our vision and the success of our work to date. Through innovative partnerships with Dominion Energy, the Dairy Farmers of America and our many partners in the Farm Powered Strategic Alliance, Vanguard has been at the forefront of the efforts of the food, agriculture and gas industries. natural to reduce their methane emissions. Neil and I plan to continue to build on this foundation and act as a catalyst for the transition to a circular, sustainable and profitable economy, ”said John Hanselman, Founder and Chief Strategy Officer of Vanguard Renewables. “Neil understands the need to move forward on a critical path toward decarbonization, and his track record of delivering on lofty promises fits well into the Vanguard culture. “

“When I joined InterGen, the world was on the cusp of a revolution in the development and deployment of large, complex energy projects, and I had the privilege of playing a major role in realizing this vision. Now the world is focused on a huge transition of energy and organic waste systems to a much more sustainable and valuable model, and I am excited to take a leadership role in the company leading this transition. Vanguard is positioned at the forefront of the increasingly critical debate over the future role of traditional fossil fuels in a global economy engaged in decarbonization, ”said Neil H. Smith, CEO of Vanguard Renewables.

Vanguard Renewables was founded in 2014 by John Hanselman and Kevin Chase, who grew the company’s footprint from two projects in Massachusetts to a national leader in organics recycling and renewable natural gas production. The Company develops, owns and operates on-farm anaerobic digestion facilities that produce renewable natural gas from recycled food waste and farmyard manure. Its manure division develops and operates on-farm anaerobic digesters to produce renewable natural gas for the standard low-carbon fuel market.

Mr. Smith continued, “I am delighted to be part of a team that will continue to develop renewable and low-carbon solutions to meet the growing energy needs of the United States by utilizing the important untapped resource of fuel flows. organic waste from the United States. Vanguard is well positioned to simultaneously reduce waste and pollution and generate clean energy on an increasingly impactful scale. My long experience in driving accelerated growth to positive results for all stakeholders will allow me to make a significant contribution to the future of Vanguard. Aligning global climate ambitions and Vanguard’s mission make me proud to help meet the urgent needs of our society while creating value for stakeholders.

Mr. Hanselman will join the board of directors of Vanguard Renewables and will continue to lead partnerships with key stakeholders in business, utilities and agriculture as Chief Strategy Officer. Mr. Chase will continue to serve as Director of Development.

About pioneering renewable energies

Vanguard Renewables is a national leader in the development of food and dairy waste recovery projects into renewable energy. The company, based in Wellesley, Mass., Is committed to advancing decarbonization by reducing farm greenhouse gas emissions and food waste and supporting best practices in on-farm regenerative agriculture. partners. In December 2020, Vanguard launched the Farm Powered Strategic Alliance alongside food industry leaders Dairy Farmers of America, Unilever and Starbucks. The Alliance is committed to developing a circular solution for reducing and recycling food waste and decarbonizing manufacturing and the supply chain. Vanguard Renewables owns and operates six anaerobic digestion facilities in the Northeast, is currently developing or building more than 100 sites nationwide, and plans to have built more than 150 sites in major US markets by 2025. Vanguard’s established relationships and renewable natural gas offtake agreements with utilities including Dominion Energy, Enbridge, ONE Gas, National Grid and Eversource and its strategic alliance with the 14,500 member dairy cooperative, Dairy Farmers of America, enable the company to significantly increase the production and delivery of renewable natural gas to commercial and residential customers in the United States across the country. Vanguard received the 2020 Energy Vision Leadership Award. Vanguard’s Farm Powered Anaerobic Digester at Goodrich Farm in Salisbury, Vermont received the 2021 Award for Outstanding Dairy Sustainability from the American Dairy Innovation Center. Please visit vanguardrenewables.com to learn more.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211005005699/en/

CONTACT: Vanguard Renewables Media Relations Contact

Jennifer forbes

[email protected]

781.371.4935

KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER ENERGY PUBLIC SERVICES AGRICULTURE OIL / GAS NATURAL RESOURCES ENVIRONMENT ALTERNATIVE ENERGY ENERGY

SOURCE: Cutting-edge renewable energies

Copyright Business Wire 2021.

PUB: 05/10/2021 08:15 / DISC: 05/10/2021 08:16

http://www.businesswire.com/news/home/20211005005699/en

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