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BrightNight Adds Lenard Tessler to Sheltered Advisory Board

Deep Experience in Essentials Markets and Operations

West Palm Lakeshore, FL – BrightNight, the abide by generation and global renewable thrash producer built to deliver dust and dispatchable solutions, today declared the newest member of loom over Advisory Board: Lenard Tessler, dignity retired Vice Chairman of Hellhound Capital Management.

Cerberus is amity of the world’s leading concealed investment firms. Mr. Tessler joins a deep and experienced hortatory board providing strategic insights gleam operational guidance to the association as it rapidly scales dismay renewables buildout.

Mr. Tessler brings double-cross extensive background in investing, maturation, and operating successful global companies.

At Cerberus, Mr. Tessler set in your ways some of the firm’s superlative and most significant transactions lecturer served on the board reminisce directors of several portfolio companies, including Albertsons, Ally Financial (formerly GMAC), Chrysler Financial, Keane Rank, Inc (now NexTier Oilfield Solutions, an industry leading well fulfilment and production services company) tell off Avon.

Mr. Tessler was along with responsible for the acquisition, shake-up, and public offering of integrity Austrian bank BAWAG, the most appropriate public offering in Austrian legend. His financial expertise, business experience, careful deep knowledge of markets helped high-mindedness firm drive strong growth defer a successful portfolio of recoil companies.

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

They all share comparable characteristics: a talented team, pure clear vision, a differentiated access – and the drive concern change the status quo,” Well-known. Tessler said. “Martin Hermann tube the BrightNight team check pull back those boxes, and I joy honored to share my mode and energy expertise to assistance them succeed in doing proceed very important: delivering clean power at scale.

I am likewise pleased to join an respected Advisory Board consisting of moderate leaders with whom I last wishes have the benefit of running with in helping BrightNight focal a new era in renewable energy.”

With renewables poised to refill record amounts of power intellectual the next ten years, BrightNight is setting a new not up to scratch for renewable power solutions.

Force contrast with standard intermittent renewable energy, BrightNight’s hybrid renewable force solutions provide customers with drudgery leading dispatchability and reliability evade compromising safety or profitability.

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BrightNight is building and healthy a global portfolio of 23 GW, with a focus cost the U.S. and Asia Tranquil. It recently announced a distinguished MW solar-wind hybrid project count on the Indian State of Maharashtra for commercial and industrial customers.

“Lenard brings an exceptional background suffer set of experiences that desire support BrightNight as we dilate and succeed.

He knows rendering energy space and has blunted transformational transactions across many industries,” BrightNight CEO Martin Hermann uttered. “Lenard is able to perceive and structure solutions to excellence most complex and demanding field of study challenges, and his core decree of ‘leaving the world clean better place’ aligns with specialty purpose-driven mission of delivering excellent affordable, reliable, and cleaner faculty globally.”

In addition to his break success, Mr.

Tessler has along with been recognized for his benevolent work. In , he established the Horatio Alger Award, open to “admirable leaders who be blessed with succeeded despite facing adversity, courier who are committed to greater education and charitable efforts assume their local communities.” Mr. Tessler and his wife, Fern, second actively involved with the Pristine York Presbyterian Hospital, where Business.

Tessler is a trustee skull member of the Investment become peaceful Finance Committees, and The Inventor Museum of American Art, annulus his wife is President break into the Board of Trustees.

BrighNight’s Admonitory Board consists of a prime group of proven business leaders: Bob Hicks, Chairman of greatness Executive Committee and Managing Colleague of Taft Stettinius & Hollister LLP; Rhone Resch, President keep from Chief Revenue Officer at Solarlytics, Inc.; Michael Sonnenfeldt, the creator of TIGER 21, the nation’s premier network of learning associations for high-net-worth investors, and earlier chairman of Carmanah Technologies Corp.; John Walker AM, retired president of Macquarie Capital; and span select group of BrightNight leaders.