Experienced structured financing and operational leader joins NineDot to grow its clean energy platform
NEW YORK–(BUSINESS WIRE)–NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, today announced the hiring of Douglas (Doug) Johnsen as the company’s new Chief Financial Officer.
“We’re excited to have Doug join NineDot as CFO,” said David Arfin, NineDot Energy CEO and Co-founder. “Doug has deep experience investing in, managing and growing companies within the energy and infrastructure sector. Doug’s passionate about renewable energy, and he’s worked on real projects from concept to operation. Raising and deploying capital is integral to the NineDot vision and platform and Doug will be a terrific strategic and operating leader to help us achieve our goals. Doug has hit the ground running, leading our talented and growing finance organization.”
Doug’s vast experience spans structured finance, finance and operational roles, renewable energy businesses and entrepreneurship. He brings strong institutional relationships across the finance industry and has a successful background at both large and small companies. Most recently, Doug was co-founder, managing partner, board member, and CFO of Navisun LLC, a domestic distributed solar and storage independent power producer. Prior to Navisun, Doug held senior positions at Greenwood Energy, First Wind, GE Energy Financial Services, and Deutsche Bank.
“I’m ready to roll up my sleeves to get work done while training and leading the dedicated NineDot team, working with a broad range of finance counterparties and vendors,” said Doug Johnsen, NineDot’s new CFO. “NineDot’s growth since receiving its initial equity capital from Carlyle – and more recent increase in capital from Manulife Investment Management – is impressive, yet there’s so much more we can do to accelerate New York’s energy transition and beyond.”
To reach Doug, contact NineDot at nine.energy/connect.
About NineDot Energy
NineDot Energy is the leading community-scale battery storage developer and operator in the New York City metropolitan region. We create innovative urban energy solutions that support a more resilient grid, deliver economic savings, reduce carbon emissions, and improve environmental equity. NineDot is also expanding beyond stationary storage to incorporate mobile batteries and electric vehicle charging into some of our current and future sites. NineDot Energy’s name derives from the classic mathematical puzzle for sparking out-of-the-box solutions. We are based in Brooklyn, New York at NYU’s Urban Future Lab. Learn more at nine.energy.
Contacts
Media Contact
Karen Alter, 650-383-8552, karen@nine.energy
