WAKEFIELD, Mass.--(BUSINESS WIRE)--Anbaric Development Partners, an Ontario Teachers’ Pension Plan (OTPP) platform company, today announced that Dan Dobbs has been hired to fill the new position of Vice President of Microgrid Products & Finance. Dan will be responsible for a range of commercial activities of the company, including product development, project finance, regulatory strategy, and asset management.
“We are very pleased to bring Dan on board,” said Dirk van Ouwerkerk, the Lead Partner for Microgrids at Anbaric Development Partners. “Dan will be instrumental in helping us shape the future of electricity through our innovative approach to third-party microgrid development and finance. Dan brings a wealth of experience in microgrid-enabling technologies and he was a driving force behind industrializing the solar industry.”
Dan’s professional and educational background uniquely stretches across the two fields of technology and finance. Dan spent the bulk of his career in finance and product management positions at Sun Edison prior to co-founding Solar Grid Storage, where he served as CFO until it was acquired by SunEdison. Most recently, Dan was responsible for Product Management at Greensmith, a battery storage software company that is now part of Wärtsilä’s Energy Solutions business. Dan holds dual Master’s degrees from the Massachusetts Institute of Technology and an MBA from the Wharton School at UPenn.
“Anbaric is at the cusp of a movement that brings the innovative spirit and achievements of the tech sector right into the heart of the power industry,” said Dan. “I look forward to being part of that monumental shift.” Anbaric CEO Ed Krapels said, “As Anbaric continues to grow its platform for transmission, microgrids, and smart energy campus development, we consider ourselves fortunate to be able to attract the top talent that this important hire represents.”
About Anbaric Development Partners:
Anbaric Development Partners, headquartered in Wakefield, Massachusetts, has a track record of leadership in developing competitively selected High Voltage Direct Current (HVDC) transmission projects. Anbaric is also developing a series of large microgrids; localized power systems that enable host sites to reduce energy costs, secure resiliency, and integrate sustainable practices and distributed energy technologies. For more information on Anbaric Development Partners, please visit www.anbaricdevelopmentpartners.com.
About Ontario Teachers’ Pension Plan:
The Ontario Teachers’ Pension Plan is Canada's largest single-profession pension plan, with CAD$176 billion in net assets at December 31, 2016. It holds a diverse global portfolio of assets, 80% of which is managed in-house, and has achieved a long-term average rate of return of 10.3% since inception in 1990. Ontario Teachers’ is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded, invests and administers the pensions of Ontario province’s 316,000 current and retired teachers. For more information, please visit www.otpp.com.