GLOBAL LEADERSHIP TEAM

Axel Thiemann, CEO of Sonnedix, and Olivier Renon, EVP Global Lead of Business Development
Carlos Guinand
Executive Chairman
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Carlos Guinand
Executive Chairman

Carlos Guinand is one of the founders of Sonnedix and has served as the company’s Chairman of the Board since 2012, managing all aspects of the company’s governance and performance. He is instrumental in setting the strategic direction and growth of the company, especially when it comes to providing his knowledge on international governance and operational issues. He is also the Chair of the Performance and the Human Resource & Compensation Committees.

Over the course of his career, Carlos has gained wide-ranging expertise across industries: he’s been a successful entrepreneur in various businesses over the last 20 years; has gained significant experience overseeing a portfolio of private equity investments in South America and Europe; and he’s also been a Managing Director of Editorial Arte, a leading printing and publishing company in South America, for the last 18 years.

Carlos attended Law School at UCAB Venezuelan.

Coming to work each day is exciting for Carlos because Sonnedix is all about passion and purpose to him. Participating in the global energy transformation is one of his great joys, as is seeing how the company he helped found is positively impacting society.

Axel Thiemann
Chief Executive Officer
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Axel Thiemann
Chief Executive Officer

Axel Thiemann became CEO of Sonnedix in September 2018 after serving as a member of the senior leadership team and Board of Directors. Since joining Sonnedix in 2011, Axel has played a fundamental role in its evolution, initially based in London, as COO with responsibility for Asset Management, Finance, HR and E&C, and more recently based in Miami, overseeing M&A, integration and strategy during a four year period when the company experienced five-fold growth.

Prior to joining Sonnedix, Axel spent seven years in banking and held various senior roles with Barclays Bank in London. Before this he was a consultant with McKinsey and Company in Cologne, Germany. Axel graduated as an Electrical Engineer from Hannover University in Germany and holds an MBA from IESE Business School, Spain.

To Axel, the most special thing about Sonnedix is its team of bright and passionate people across four continents that have come together to create a sustainable future for the world.

Marc Lohoff
Chief Operating Officer
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Marc Lohoff
Chief Operating Officer

Marc Lohoff joined Sonnedix’s leadership team in 2020 as Chief Operating Officer. In his new role at Sonnedix, Marc is responsible for overseeing all assets in construction and operation, from E&C, asset management, operational, commercial and technical perspective.

Originally from Germany, Marc has lived in Singapore for 14 years before moving to Madrid in 2020. His career spans over a decade of experience in the solar energy industry, with strong background in downstream businesses and vast international exposure. He played a substantial role in developing the Asia Pacific and Middle East region for Conergy, during his time as Corporate Vice President, from 2009 to 2012. In 2012, he was appointed Global Chief Operating Officer and later held various other global responsibilities such as Global Chief Operating Officer within Conergy. His recent role was CEO for Blueleaf Energy Asia (formerly Conergy).

Before Marc joined the solar industry, he has worked for more than decade in the semiconductor industry with Siemens and Infineon Technologies in senior management positions and among others, being responsible for joint venture management and manufacturing cooperations in Asia.

Marc holds an Engineering degree (aeronautical and aerospace engineering) from the Academy of the Armed Forces, and he has several years of experience as Technical Director/Head of Operations Control of a military airport in Germany.

Marc is excited about joining the Sonnedix team because there is a unique culture, driven by joint values of highly capable and motivated people across the globe who want to make a difference in the energy transition for the sake of future generations.

Marissa Corda
EVP, Global Head of Legal & Compliance
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Marissa Corda
EVP, Global Head of Legal & Compliance

Marissa Corda is Sonnedix’s Executive Vice President, Global Head of Legal & Compliance, as well as Secretary of the Risk Committee. Her team is responsible for ensuring that the business has effective systems, procedures and controls in place for compliance with internal and external regulations, standards for best practice, and attitude towards risk, including ESG, anti-corruption, AML, FATCA and data protection, together with providing ad hoc transactional and dispute related legal support across the business.

She joined Sonnedix in 2012, and over the course of her career with the company she’s played a role in helping to set up Sonnedix’s office from the ground up in Miami and was instrumental in supporting early investment in Sonnedix.

At the beginning of 2017 Marissa moved to Sonnedix’s London office. Since moving to Europe, she is focusing on building out the Legal team and overseeing the development and implementation of a comprehensive ESG program (including a new corporate risk management standard) that will be rolled out company-wide in 2018. As a testament to the ESG program she is implementing, the UNPRI recently choose to highlight Sonnedix’s conflict mineral policy development process as part of their ESG Guidelines.

Prior to Sonnedix, Marissa spent her career at a mid-size law firm specialising in commercial litigation and corporate bankruptcy, as well as volunteering for Lawyers for Children, an advocacy group that represents children in the American foster system. Marissa also briefly spent time working for the US Federal Trade Commission on various matters, including legal research and statutory analysis regarding FTC advertising regulations.

Marissa has an undergraduate degree from Georgetown University, as well as a JD from Emory University School of Law, both in the US. In her spare time stateside, Marissa enjoyed coaching high school and collegiate women’s water polo.

Marissa is proud to have been part of Sonnedix’s growth from a start-up of less than 20 people to a large-scale, successful global business of more than 200 that attracted institutional investors. She’s excited to come to the office each day because her work is sophisticated and varied, and she’s had the ability to cultivate a team of incredibly talented, kind and hardworking people that take joy in contributing to Sonnedix’s mission.

Joern Hackbarth
EVP, Global Head of Engineering & Construction
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Joern Hackbarth
EVP, Global Head of Engineering & Construction

Joern Hackbarth serves as Executive Vice President, Global Head of Engineering & Construction for Sonnedix. His team is responsible for supporting Business Development during the acquisition phase of both existing and new-build plants, overseeing the design and construction of greenfield assets—including identifying partners and negotiating contracts, and optimising completed plants before handing them over to Asset Management.

Joern has spent his career working around the world, from Europe to the Middle East and Asia and from Africa to North America. Prior to Sonnedix, he was a Vice President at Scatec Solar Solution, leading the engineering and company competence centre regarding PV design. Before that he was the Director, Power Plant Construction at Phoenix Solar, leading a staff of around 50 people, with total oversight of the business unit, including drafting and managing the business unit cost centre, hiring, training and coaching staff, and contract negotiation. Since joining Sonnedix, Joern has been actively involved in helping to grow the company through connecting on-time, on-budget plants, like Oriana, the largest PV plant in the Caribbean, and a number of plants in Japan. He’s also played a key role in expanding the engineering team and is especially proud of becoming a member of Sonnedix’s senior management.

Joern holds a MSc in Project Management from the University of Aberdeen in the UK, as well as a University of Applied Science degree in Electrical Engineering with a concentration in Information Technology from Lübeck Technical University in Germany and a BSc in Electrical Engineering from the Milwaukee School of Engineering in the US.

What makes Joern most proud to work at Sonnedix is the company’s drive to make renewable energy an indispensable element of the global energy mix. He’s also continuously motivated by his hardworking team that gives him the energy to go the extra mile. Joern believes that with every project he and his team are a part of, they’re contributing to building a legacy for the next generation.

David Flory
EVP, Global Head of Project Finance
Interim CFO
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David Flory
EVP, Global Head of Project Finance
Interim CFO

David joined Sonnedix’s leadership team as EVP, Global Head of Project Finance in April 2018. He leads the Project Finance team which is responsible for organizing all debt and other non-recourse financing for newly developed or acquired solar projects and optimizing the financing for the company’s existing project portfolios over the long term. David is based in London and Miami, and travels extensively in Sonnedix’s key markets.

David has over 15 years of diverse leadership experience in private equity, project finance, operations, portfolio management and business transformation on a global scale. His expertise spans working with the capital markets, banks and tax equity investors, recently financing photovoltaic solar in the US. He joined Sonnedix from Precision Agritech Inc., a Los Angeles based company, where he was CFO. Prior to that he was at several renewable power related companies, the most notable being AES Corporation, where he was the Vice President Finance for Solar Ridge Power. David graduated with a Bachelor of Arts from George Mason University and holds an MBA from the university of North Carolina at Chapel Hill.

David joined Sonnedix because of his passion for solar’s contribution to the global energy mix, the company’s delivery track record and the calibre of his colleagues.

Olivier Renon
EVP, Global Head of Business Development
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Olivier Renon
EVP, Global Head of Business Development

Olivier Renon is Sonnedix’s Executive Vice President for Business Development, driving forward the company’s growth through a deep pipeline of development opportunities across all our OECD markets. Working with developers, experts, relevant permitting bodies, grid operators, land owners and electricity off-takers, Olivier’s team discover, evaluate and de-risk all aspects of potential projects to a fully-consented, ready-to-build stage.

Olivier has extensive business development experience and, since joining Sonnedix in 2012, he has successfully led many aspects of Sonnedix’s development strategy, bids, acquisitions and negotiations that have formed our operations in South Africa, Chile and Japan.

Some of Olivier’s most proud accomplishments with Sonnedix include spearheading the company’s business in South Africa, which entailed leading Sonnedix’s activities in the country, from the development, financing and construction of the Prieska solar PV project (the largest PV plant in the company’s history at this point) to creating the local team in Cape Town. In addition, Olivier also played a key role in negotiating the acquisition of the Atacama solar project in Chile, currently the company’s largest project.

Prior to his current role, Olivier oversaw the investments that Sonnedix makes in Asia, which currently are focused on Japan. Working closely with Sonnedix Japan—Sonnedix’s trusted operator for investments made by the company in Japan— Olivier was responsible for ensuring the country’s portfolio and pipeline played an integral role in the continued growth of Sonnedix.

Olivier’s career has spanned approximately 20 years in the power industry, including working for utilities in France (EDF) and Canada (AECL) in nuclear energy roles, before transitioning to renewable energy. Prior to joining Sonnedix, Olivier led business development for AES Solar in France and South Africa, and Terreal in France. He was also a researcher at the Lawrence Berkeley National Laboratory in California, which works closely with the US’s Department of Energy on numerous energy efficiency related topics.

Since joining Sonnedix, Olivier has played a role in furthering the impact of solar energy by speaking at conferences on topics including the solar PV global market, the solar market in Japan, Sonnedix’s market view and the role of advanced technologies in the renewables industry, like energy storage.

Olivier holds a MSc in Mechanical Engineering from the Ecole Centrale de Nantes, as well as an MBA from the Université Paris-Sorbonne in France.

To Olivier, the best thing about working at Sonnedix is the quality of the intellectual debates among his colleagues, which are marked by their creativity and out-of-the-box mindset.

Maurizio Grassi
EVP, Global Head of Mergers & Acquisitions
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Maurizio Grassi
EVP, Global Head of Mergers & Acquisitions

Maurizio Grassi was appointed EVP, Global Head of Mergers & Acquisitions in September 2018. His responsibilities include driving the M&A strategy, and identifying, evaluating and delivering M&A opportunities across all of Sonnedix’s territories. Since joining Sonnedix in 2013, Maurizio has played a critical role in developing the company’s Puerto Rico and Italian operations, before leading the M&A team during a period of significant growth.

Prior to joining Sonnedix, Maurizio spent a year as CFO of Enerqos, an EPC and O&M Italian company. Other previous roles include two years as the Country Finance Manager, REC Systems Italy, with responsibility for all aspects of investment and finance for the EPC contractor, and the Chief Financial Officer for Enfinity Italia. As Managing Director of Soleasy Srl, Maurizio oversaw the development, financing and construction of small scale renewable projects, with a particular focus on the photovoltaic sector. Earlier in his career, Maurizio held senior commercial and business development roles at Cisco Systems and also worked in the banking sector.

Maurizio has a degree in Economics and Commerce from Universita Cattolica del Sacro Cuore di Milano, Italy and an MBA from University of Glasgow, UK. Maurizio is fluent in English, French and Italian.

Maurizio is proud to part of the Sonnedix leadership because of the energy, reliability and focus, shared with all colleagues, for making a positive difference to the world and achieving the company purpose of building a bright future.

Craig Chapman
EVP, Global Head of Commercial / Optimization
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Craig Chapman
EVP, Global Head of Commercial / Optimization

Craig Chapman joined Sonnedix in January 2019 as the EVP Global Head of Commercial / Optimization, focusing on the delivery of cross-functional synergies from Sonnedix’s global portfolio. Working with the leadership team, Craig supports the development, management and tracking of Sonnedix’s strategy and business plan. He also has responsibility to identify and implement optimization opportunities across our portfolio of assets and leads on commercial risk management activities.

Craig joined Sonnedix from Sandness Consulting, where he focused on solar PV. Craig has worked with Sonnedix as a Consultant since 2012, leading Sonnedix’s early acquisitions and financings in France and some of the early work in Puerto Rico. His experience includes the development and financing of solar projects, energy storage and hedging strategies, and PPA and loan structuring in international markets. Previously, Craig spent time as a Professor of Accounting, Information and Management at Kellogg School of Management at Northwestern University, General Manager at Sithe Energies in China, a VP Project Finance, Bank of America and BNP. He has a DBA and MBA from Harvard Business School as well as Masters and Bachelor degrees in Mathematics from Oxford University.

Craig is excited to join the Sonnedix team on a permanent basis, finding creative ways to identify value drivers, capture value and accelerate the implementation of Sonnedix’s purpose of building a bright future.

Stephen Taylor
EVP, Global Head of HR
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Stephen Taylor
EVP, Global Head of HR

Stephen Taylor joined Sonnedix in 2018 as the EVP Global Head of HR. With extensive HR and interim experience gained working in dynamic, high growth environments, Stephen has previously held HR Director roles at The Notemachine Group, HS2, Worldpay, Camelot, the BBC and Barclays.

With over 30 years’ experience, Stephen’s expertise lies in strategic decision-making, business integration, mergers and acquisitions and facilitating the growth and journey of companies as they scale. In addition to an in-depth expertise in change management, his specialist skills span Employee Relations, Reward, Organisation Design and Resourcing.

Stephen’s key achievements include leading both functional change programmes and business wide change programmes across a significant number of businesses. He is passionate about maximising people’s potential and performance, from developing Board effectiveness programmes to acting as a coach and mentor to top talent. Stephen has introduced a variety of job evaluation schemes to support pay and reward, flex benefit schemes and sponsored Organisational Design and change programmes. Stephen has developed reward strategies for Barclays, Camelot, Worldpay and most recently HS2, in addition to designing retention plans, LTIP’s, bonus schemes and pay structures for numerous organisations.

Stephen has led a large number of business acquisitions and integrations, undertaking pre-acquisition due diligence. He has supported organisations through various stages of growth, including the construction and programme management business of HS2, where the Managing Director and he formed the construction organisation and grew it from 2 to 1,250 employees over 2 years. He integrated two BT businesses which delivered synergy savings of £35 million per annum, managed the HR and Change workstreams of the acquisition and integration of a large plc into Serco Group and the Woolwich Building Society integration into Barclays Bank. Most recently, Stephen led the integration of three mid-sized businesses with a combined workforce of 2,000 into the Notemachine Group.

Stephen was excited to join Sonnedix because of the company culture and growth potential and its track record in a dynamic industry sector of attracting talented people. Whilst working at HS2 he became keenly interested in environmental issues and sees Sonnedix as a leader in clean and renewable energy helping to provide a bright future for generations to come.

Investor Information

Sonnedix Power Holdings Limited (collectively with its subsidiaries, “Sonnedix”) is majority owned by institutional investors advised by J.P. Morgan Asset Management, attesting to our company’s stability, value and long-term potential. We aim to grow sustainably and create value by leveraging our prudent capital structure and sponsorship and investing in high-quality assets with predictable cash flows. We are also continuously building and executing upon a pipeline of new projects and M&A opportunities.

Our Group’s parent company is Sonnedix Power Holdings. The Group prepares consolidated accounts under IFRS for this Group. Separately, the Group also prepares consolidated accounts for Sonnedix Italia SpA (Italy), VE Sonnedix Equityco, S.L (Spain), Sonnedix España Equityco, S.L.(Spain) and Sonnedix España Finance 2, S.L.(Spain) — these are available here on our website.

The Group has 4 publicly-listed bonds, which were used to finance assets in the abovementioned groups.

Italy Terms >

Spain Financial Reports >