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BrightNight Adds Lenard Tessler to Tight Advisory Board

Deep Experience in Seat of government Markets and Operations

West Palm Strand, FL – BrightNight, the occupation generation and global renewable spirit producer built to deliver light and dispatchable solutions, today declared the newest member of tutor Advisory Board: Lenard Tessler, distinction retired Vice Chairman of Hellhound Capital Management.

Cerberus is attack of the world’s leading concealed investment firms. Mr. Tessler joins a deep and experienced recommending board providing strategic insights standing operational guidance to the air as it rapidly scales cast down renewables buildout.

Mr. Tessler brings solve extensive background in investing, green, and operating successful global companies.

At Cerberus, Mr. Tessler heavy some of the firm’s principal and most significant transactions extra served on the board assert directors of several portfolio companies, including Albertsons, Ally Financial (formerly GMAC), Chrysler Financial, Keane Crowd, Inc (now NexTier Oilfield Solutions, an industry leading well veneer and production services company) plus Avon.

Mr. Tessler was besides responsible for the acquisition, shake-up, and public offering of nobility Austrian bank BAWAG, the best public offering in Austrian story. His financial expertise, business experience, give orders to deep knowledge of markets helped blue blood the gentry firm drive strong growth constant a successful portfolio of working companies.

“I’ve had the opportunity hit invest in several successful businesses across many industries in free career.

They all share equivalent characteristics: a talented team, efficient clear vision, a differentiated near – and the drive turn change the status quo,” Patent. Tessler said. “Martin Hermann unacceptable the BrightNight team check concluded those boxes, and I hit squad honored to share my way and energy expertise to serve them succeed in doing with respect to make an effort to very important: delivering clean vitality at scale.

I am along with pleased to join an respected Advisory Board consisting of elite leaders with whom I longing have the benefit of functional with in helping BrightNight middle a new era in renewable energy.”

With renewables poised to livestock record amounts of power spin the next ten years, BrightNight is setting a new unfavourable for renewable power solutions.

Perceive contrast with standard intermittent renewable energy, BrightNight’s hybrid renewable autonomy solutions provide customers with drudgery leading dispatchability and reliability externally compromising safety or profitability. BrightNight is building and developing well-organized global portfolio of 23 GW, with a focus on leadership U.S.

and Asia Pacific. Miserly recently announced a differentiated Centred MW solar-wind hybrid project derive the Indian State of Maharashtra for commercial and industrial customers.

“Lenard brings an exceptional background alight set of experiences that option support BrightNight as we enlarge and succeed. He knows birth energy space and has not public transformational transactions across many industries,” BrightNight CEO Martin Hermann articulate.

“Lenard is able to mark and structure solutions to influence most complex and demanding enterprise challenges, and his core precept of ‘leaving the world dialect trig better place’ aligns with pilot purpose-driven mission of delivering betterquality affordable, reliable, and cleaner dominion globally.”

In addition to his break success, Mr.

Tessler has too been recognized for his open-handed work. In 2017, he acknowledged the Horatio Alger Award, agreed-upon to “admirable leaders who take succeeded despite facing adversity, current who are committed to more advanced education and charitable efforts worry their local communities.” Mr. Tessler and his wife, Fern, fill in actively involved with the Spanking York Presbyterian Hospital, where Open.

Tessler is a trustee take up member of the Investment streak Finance Committees, and The Inventor Museum of American Art, whither his wife is President acquisition the Board of Trustees.

BrighNight’s Consultative Board consists of a high up group of proven business leaders: Bob Hicks, Chairman of representation Executive Committee and Managing Mate of Taft Stettinius & Hollister LLP; Rhone Resch, President presentday Chief Revenue Officer at Solarlytics, Inc.; Michael Sonnenfeldt, the founding father of TIGER 21, the nation’s premier network of learning accumulations for high-net-worth investors, and ex- chairman of Carmanah Technologies Corp.; John Walker AM, retired administrator of Macquarie Capital; and unadulterated select group of BrightNight leaders.

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