Scout Clean Energy Strengthens Development Team with Appointment of Kris Cheney
BOULDER, Colo., Aug. 21, 2024 /PRNewswire/ — Scout Clean Energy, a prominent national renewable energy developer-owner-operator, has announced the appointment of Kris Cheney as Chief Development Officer. Cheney’s extensive experience in the renewable energy sector, spanning over a decade, will significantly enhance Scout’s development capabilities as it continues its robust growth trajectory.
Cheney joins Scout from EDP Renewables North America (EDPR NA), where he served for 15 years, most recently as Executive Vice President of West, Central, and Environmental Affairs. During his tenure at EDPR NA, Cheney played a crucial role in scaling the company from 200 employees to over 1,000, overseeing the development of a substantial 25 GW pipeline of renewable energy projects. His impressive track record includes the development and execution of 3,500 MW of projects, representing a total capital investment of $3.5 billion, across various regions including SPP, ERCOT, MISO, WECC, and Mexico. These projects are either already in commercial operation or expected to be operational by the end of 2025.
“We are delighted to welcome a leader of Kris’s caliber to our team,” said Michael Rucker, Founder and Chief Executive Officer of Scout. “Kris’s deep expertise in building renewable energy projects, combined with his proven success in navigating rapid growth and scaling operations, aligns perfectly with Scout’s current growth path. His leadership will be instrumental in executing our ambitious 19 GW pipeline and accelerating the transition to a clean energy future.”
“I am thrilled to join Scout during this exciting period of growth and innovation,” said Cheney. “The company’s commitment to developing and operating renewable energy projects, coupled with its exceptional team and culture, makes this an ideal opportunity. I look forward to contributing to the continued success of Scout and playing a key role in maturing its impressive pipeline of renewable projects.”
Scout Clean Energy is a portfolio company managed by Brookfield Asset Management, a global leader in renewable power and decarbonization solutions. Scout is currently developing a pipeline of approximately 19,000 MW of wind, solar, and storage projects across 23 states, including over 2,100 MW of advanced-stage projects. The company is committed to delivering clean, reliable energy solutions to communities across the United States.
About Scout Clean Energy
Scout Clean Energy is a leading renewable energy developer-owner-operator headquartered in Boulder, Colorado. The company is responsible for the development of approximately 1,400 MW of operating and under construction renewable energy assets in the US, of which 800 MW are owned and operated by Scout. Helmed by renewable energy leaders, Scout is currently developing a pipeline of approximately 19,000 MW of wind, solar, and storage projects across 23 states, including more than 2,100 MW of advanced-stage projects. Scout is a portfolio company managed by Brookfield Asset Management, which acquired Scout in 2022.
About Brookfield
Brookfield Asset Management Ltd. (BAM) is a global leader in alternative asset management with approximately $1 trillion of assets under management. Brookfield invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.
Brookfield’s operating capacity totals over 34,000 megawatts and its development pipeline stands at approximately 200,000 megawatts. Its portfolio of sustainable solutions assets includes investments in Westinghouse (a leading global nuclear services business), a utility and independent power producer with operations in the Caribbean and Latin America, and both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.
