Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 23 2022 - 07:06
AsiaNet
BrightNight Enters Australia's Energy Market
INLET BEACH, Fla., Feb. 23, 2022 /PRNewswire-AsiaNet/ --

--Industry leaders and competitive dispatchable renewable power poise 
BrightNight for success

Today, BrightNight announced its formal entry into the Australian energy market 
with the addition of industry leader Polly Baranco. BrightNight, a global 
Independent Power Producer (IPP), is well-established in the U.S. and has 
rapidly expanding teams across Asia including India, Bangladesh, and the 
Philippines.

As Head of Country, Ms. Baranco will draw on her proven track record of 
renewable project development, finance, and acquisition to bring BrightNight's 
optimized dispatchable renewable power systems to the Australian power market. 
BrightNight customers benefit from the company's purpose-built team of industry 
leaders and its growing board of advisors. Further signaling its serious 
commitment to the Asia Pacific region, BrightNight welcomed John Walker AM to 
its advisory board earlier this year. Mr. Walker AM is well-known for his 
success driving infrastructure investment across Asia; developed during his 22 
years at Macquarie Group and current role as Chairman of Eastpoint Partners 
Limited where he provides critical finance and development guidance to 
industries investing across the Asia Pacific region. BrightNight Founder and 
CEO Martin Hermann described the company's expansion as, "exciting but critical 
to the success of our customers who are working hard to meet electricity 
demands and navigate a transforming energy market. We're eager to be the 
reliable partner our customers need as they look for value beyond the 
limitations of a standard, intermittent, renewable energy project."

Under the Paris Agreement, Australia is committed to reducing its greenhouse 
gas emissions to 26-28 percent below 2005 levels by 2030. As such, the 
Australian energy market is mobilizing renewable power investments through its 
calls for 24x7 power products and BrightNight is well-positioned to address 
those needs. BrightNight specializes in hybrid renewable power systems with 
dispatchable capacity that can meet rapidly changing grid dynamics and increase 
grid resiliency, while remaining economically competitive with traditional 
forms of energy generation. Hermann added, "Polly is an exciting addition to 
our team and I'm confident she represents BrightNight's customer-centric 
approach, our commitment to safety, and our thoughtful work to become a 
valuable local partner."

John Walker AM brings more than 40 years of experience leading infrastructure 
development and finance across Asia. After 22 years, Mr. Walker AM recently 
retired from Macquarie Group where he initially Chaired and lead the 
establishment of Macquarie in Korea and later across Asia as the Chairman of 
Macquarie Capital. As a member of BrightNight's Advisory Board, Mr. Walker AM 
will draw on his history of success driving infrastructure development through 
building relationships across corporates, financial institutions, and 
governments.

Polly Baranco is an international energy market leader rooted in creating value 
for customers. Ms. Baranco brings a strong background in energy finance and M&A 
process and development. Her work across the U.S.A., U.K. and Australia has 
helped grow regional energy investment, build strong local relationships with 
institutional investors, and foster collaboration between industry and local 
governments working to expand renewable energy investment.

About BrightNight
BrightNight is the first renewable integrated power company designed to provide 
utility and commercial and industrial customers with clean, dispatchable 
renewable power solutions. BrightNight works with customers across the U.S. and 
Asia Pacific to design, develop, and operate safe, reliable, large-scale, 
hybrid renewable power projects optimized to better manage the intermittent 
nature of renewable energy. Its deep customer engagement process, team of 
proven power experts, and industry-leading prices empower customers to overcome 
challenging energy sustainability standards, rapidly changing grid dynamics, 
and the transition away from fossil fuel generation. To learn more, visit: 
www.brightnightpower.com

SOURCE: BrightNight

CONTACT: Maribeth Sawchuk, +1 703.626.1119 | maribeth@brightnightpower.com