Lluis Noguera, the Chief Executive Officer (CEO) of X-Elio, is set to take on an additional pivotal role as he steps into the position of Global Head of Development at Brookfield Renewable. In this expanded capacity, Noguera will provide executive guidance to all of Brookfield's renewable development entities and spearhead strategic initiatives aimed at enhancing the overall value of the portfolio.
Crucially, Noguera will continue to maintain his full executive control at X-Elio, underlining his commitment to the company's ongoing success.
Brookfield Renewable stands as a key player in the renewable energy landscape, boasting an impressive combined operating and development pipeline capacity of 160 gigawatts (GW) across wind, solar, hydro, and battery storage projects spanning five continents. Notably, the company manages the world's largest fund dedicated to facilitating the transition to a net-zero carbon future, known as the Brookfield Global Transition Fund I (BGTF I). This fund achieved a significant milestone in 2022 by successfully closing at $15 billion.
With BGTF I fully allocated, Brookfield Renewable is actively raising capital for its successor fund, reinforcing its unwavering commitment to advancing sustainable energy solutions.
It's worth noting that Brookfield Renewable operates as the flagship listed renewable power company within the esteemed Brookfield Asset Management, a global alternative asset manager with an impressive $850 billion in assets under management. Noguera's expanded role within Brookfield Renewable underscores the company's dedication to driving progress in the renewable energy sector and fostering sustainable practices on a global scale.
