Heelstone Renewable Energy Hires Jeff Corder and Dean Akey

CHAPEL HILL, N.C.–(BUSINESS WIRE)–Heelstone Renewable Energy, LLC (“Heelstone”), a leading utility-scale solar developer, announced today the hiring of Jeff Corder as Chief Commercial Officer and Dean Akey as Executive Vice President of Business Development. Corder and Akey will lead Heelstone’s business development efforts including commercial strategy, origination and commodities hedging.

Corder has over 25 years of experience in the power industry working with and for IPPs, private equity and infrastructure funds, municipal and investor owned utilities, joint action agencies and electric cooperatives. Prior to Heelstone, Corder held executive positions at GE Energy Financial Services, Tyr Energy, LS Power and Aquila. Most recently, Corder has been consulting, and will continue to consult, with, Ares Infrastructure and Power Group and Toyota Tsusho to complete the development of the 700 MW St. Joseph Phase II project in Indiana.

Over his 30 years of experience in the power industry, Akey has worked for investor owned utilities, IPPs, power marketing companies and original equipment manufacturers holding key executive positions at Tyr Energy, Nordex, Aquila and Illinois Power. Akey has successfully developed over 300 MW of renewable projects to go along with over 1,600 MW of natural gas projects.

Jeff and Dean bring extensive industry knowledge and expertise to Heelstone and immediately enhance our business development prospects,” said Will Owens, Chief Executive Officer of Heelstone. “The Heelstone team is excited to have them on board as we work to commercialize our development pipeline.”

Corder added, “Solar development is a highly competitive business and Heelstone has been able to develop, close and build over 500 MW in this market. It has all skillsets and the track record to become a top player in the renewable space and I’m excited to be a part of this growing company.”

We succeed if our customers succeed, so I’m beyond excited to join the extremely talented team at Heelstone. We are definitely gonna kill it,” said Akey.

About Heelstone Renewable Energy:

Heelstone Renewable Energy, LLC is a utility-scale solar developer with expertise in development, construction, operation and finance. Based in Chapel Hill, North Carolina, Heelstone Renewable Energy has developed a portfolio of 500 MW and is actively developing a project pipeline of over 1.5 GW. For more information, visit www.heelstoneenergy.com.

Contacts

Heelstone Renewable Energy

Holly Vandergrift, (919) 679-9017

havandergift@heelstoneenergy.com

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