Arevon Energy, Inc., a clean energy company in the U.S., appointed Kevin B. Smith as Chief Executive Officer (CEO), effective August 11, 2023. Smith will take over leadership of the company from John Breckenridge, who served as Arevon’s CEO since its inception. Breckenridge will continue in a senior advisor role for Arevon as he moves into retirement.
Smith’s Career
Smith joins Arevon with more than 30 years of experience in both conventional and renewable energy. Most recently, he was CEO Americas for London-based Lightsource bp, where he drove the company’s expansion in the U.S. market, with more than $4 billion in assets entering operation or construction over the last four years, while building the development team and compiling a 20,000 MW development pipeline.
Prior to leading Lightsource bp’s expansion in the U.S., Smith was CEO for SolarReserve, Senior Vice President at Invenergy, LLC, President of Insight Energy, and Chief Operating Officer of London-based Rolls-Royce Power Ventures.
Over his career, Smith has actively led the development, financing, and construction of privately-owned energy projects in 25 states in the U.S. and more than a dozen countries across five continents, focusing on solar generation over the last 15 years. He earned his MBA in Finance from the University of Chicago and his Mechanical Engineering degree from Purdue University.
Statement from the Board
In a statement, the Arevon Board of Directors said, “We are delighted to welcome Kevin Smith to Arevon. Kevin’s knowledge, experience, and track record of success make him an exciting addition to our talented management team, which is leading Arevon’s development of renewable energy across the U.S.
Arevon is committed to growing its sizable operating portfolio of more than 2,600 MW of solar and 600 MWh of storage as well as its robust development pipeline. We want to thank John Breckenridge for his strong leadership in building the company and look forward to having him in an advisory role moving forward. We wish him well as he transitions into his retirement.”
Statement from Kevin
Kevin Smith added, “I’m excited to join Arevon and continue the company’s growth in the U.S. renewable energy market. This is a critical time in the world as we face dramatic challenges related to our climate and energy supply. I look forward to working with the Arevon team to continue to bring solutions for creating a sustainable energy future for the U.S.”
John Breckenridge on his tenure and the new CEO
“When we started Arevon in 2021, I was committed to forming the company and positioning it for long-term growth as the last stage of my full-time career. I will deeply miss working day-to-day with the amazing team I have had the privilege to be part of at Arevon,” John Breckenridge reflected. “I have known Kevin Smith for many years and cannot think of a better person to lead Arevon through the next phase of its growth. I look forward to helping him however I can during the transition,” he added.
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