Daniel Foley Named CEO of ACCIONA Energy North America

Mon Mar 14, 2011 9:00am EDT

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Daniel Foley Named CEO of ACCIONA Energy North America

ACCIONA Energy announced today the appointment of Daniel (Dan) Foley to the position of CEO of ACCIONA Energy North America. Foley will apply his extensive experience in power marketing and the energy industry to solidify the company’s market position in both wind and solar.

Foley moves into the CEO role from his current position of Chief Development Officer for the company’s North American renewable energy operations where he led the company’s wind and solar development efforts throughout Canada and the U.S. Foley’s industry experience spans over 20 years of working within the energy industry, particularly in power marketing where he negotiated power purchase agreements and alternative structures to support the construction and financing of electric generation facilities. Prior to his work with ACCIONA, Foley was director of power marketing at Invenergy and provided risk management consulting services to utilities, operating companies and other energy market participants as a senior manager for Deloitte and Touche.

“Dan is the perfect person to lead the charge in North America,” said Rafael Mateo, Senior Executive Director of ACCIONA Energy. “He has been a key member of the management team, and has a great understanding of what we need to continue to build ACCIONA’s presence in North America.”

About ACCIONA Energy

ACCIONA Energy is a global operator in clean energy with over 20 years' experience in the sector and a strong presence in seven renewable technologies. It has installed over 9,000 MW for electricity generation, of which it owns 7,587 MW. It has 217 windparks (6,270 MW), 80 hydropower plants (912 MW); 4 CSP plants (214 MW), and photovoltaic and biomass plants. It manufactures wind turbines using proprietary technology and also has biodiesel and bioethanol plants. It develops projects for itself and for third parties, is present throughout the value chain, produces and markets renewable energy and provides a wide range of services to its customers.

It belongs to the ACCIONA group, one of the biggest Spanish corporations operating in infrastructures, energy, water and other services in more than 30 countries. Its corporate motto “Pioneers in development and sustainability” reflects its commitment – in all its activities – to contribute to economic growth, the progress of society and the protection of the environment. ACCIONA leads its sector on the Dow Jones Sustainability Index, has a workforce worldwide of over 31,000 people and earned revenues of 6,263 million euros in 2010. ACCIONA is listed on the IBEX-35 selective index of the Spanish stock market (ANA.MC). For more information, please visit www.acciona.es

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Starr Baker, 512-382-8981