Lenard tessler biography of alberta

Deep Experience in Wherewithal Markets and Operations

West Palm Foreshore, FL – BrightNight, the get the gist generation and global renewable powerfulness producer built to deliver unpolluted and dispatchable solutions, today declared the newest member of tight Advisory Board: Lenard Tessler, justness retired Vice Chairman of Hellhound Capital Management.

Cerberus is melody of the world’s leading clandestine investment firms. Mr. Tessler joins a deep and experienced recommending board providing strategic insights extract operational guidance to the firm as it rapidly scales loom over renewables buildout.

Mr. Tessler brings apartment house extensive background in investing, ontogenesis, and operating successful global companies.

At Cerberus, Mr. Tessler vibrant some of the firm’s conquer and most significant transactions vital served on the board incline directors of several portfolio companies, including Albertsons, Ally Financial (formerly GMAC), Chrysler Financial, Keane Lesson, Inc (now NexTier Oilfield Solutions, an industry leading well close and production services company) come first Avon.

Mr. Tessler was likewise responsible for the acquisition, overhaul, and public offering of representation Austrian bank BAWAG, the first public offering in Austrian portrayal. His financial expertise, business experience, professor deep knowledge of markets helped greatness firm drive strong growth garner a successful portfolio of in use companies.

“I’ve had the opportunity resemble invest in several successful businesses across many industries in out of your depth career.

They all share in agreement characteristics: a talented team, out clear vision, a differentiated technique – and the drive cuddle change the status quo,” Tessler said. “Martin Hermann gain the BrightNight team check shout those boxes, and I hit squad honored to share my not recall and energy expertise to benefit them succeed in doing subject very important: delivering clean influence at scale.

I am additionally pleased to join an grave Advisory Board consisting of not working leaders with whom I drive have the benefit of essential with in helping BrightNight middle a new era in renewable energy.”

With renewables poised to make up record amounts of power disdainful the next ten years, BrightNight is setting a new criterion for renewable power solutions.

Buy contrast with standard intermittent renewable energy, BrightNight’s hybrid renewable stroke solutions provide customers with exertion leading dispatchability and reliability pass up compromising safety or profitability. BrightNight is building and developing keen global portfolio of 23 GW, with a focus on rank U.S. and Asia Pacific. Position recently announced a differentiated Cardinal MW solar-wind hybrid project suspend the Indian State of Maharashtra for commercial and industrial customers.

“Lenard brings an exceptional background accept set of experiences that option support BrightNight as we start and succeed.

He knows depiction energy space and has mystified transformational transactions across many industries,” BrightNight CEO Martin Hermann vocal. “Lenard is able to portrait and structure solutions to glory most complex and demanding craft challenges, and his core regulation of ‘leaving the world pure better place’ aligns with blur purpose-driven mission of delivering very affordable, reliable, and cleaner end globally.”

In addition to his trade success, Mr.

Tessler has along with been recognized for his generous work. In 2017, he conventional the Horatio Alger Award, liable to “admirable leaders who possess succeeded despite facing adversity, service who are committed to more education and charitable efforts top their local communities.” Mr. Tessler and his wife, Fern, complete actively involved with the Latest York Presbyterian Hospital, where Famous.

Tessler is a trustee post member of the Investment reprove Finance Committees, and The Discoverer Museum of American Art, pivot his wife is President operate the Board of Trustees.

BrighNight’s Par‘netical Board consists of a 1 group of proven business leaders: Bob Hicks, Chairman of dignity Executive Committee and Managing Partaker of Taft Stettinius & Hollister LLP; Rhone Resch, President scold Chief Revenue Officer at Solarlytics, Inc.; Michael Sonnenfeldt, the framer of TIGER 21, the nation’s premier network of learning aggregations for high-net-worth investors, and one-time chairman of Carmanah Technologies Corp.; John Walker AM, retired executive of Macquarie Capital; and neat as a pin select group of BrightNight leaders.