Generate Capital Welcomes Harsi Thethi as Interim CFO, Recognizing Brian Lehman’s Impact

SAN FRANCISCO--(BUSINESS WIRE)--Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, announced today that Chief Financial Officer Brian Lehman will be stepping down from his role, effective January 2025, to become Co-Head, Global Banking and Markets, U.S. at Scotiabank. Harsi Thethi, a seasoned financial leader with more than 20 years of experience, will serve as interim CFO of Generate.

“Brian has been an instrumental partner during a time of significant growth at Generate. He has helped position us for continued success in driving the infrastructure transition, and I wish him all the best in his next role at Scotiabank, one of our key partners,” said Scott Jacobs, CEO of Generate Capital. “Brian has worked closely with our executive team and our board to ensure a seamless transition. Harsi’s extensive experience as a CFO will be invaluable in supporting this next phase of growth.”

“It has been a privilege to serve as Generate’s CFO and work alongside some of the greatest minds in our industry,” said Lehman. “I have great confidence in Harsi as he prepares to step into the interim CFO role, and I am excited to see Generate continue its strong financial performance and growth.”

The appointment of Mr. Thethi underscores Generate Capital’s commitment to operational excellence and financial management as it continues to build the future of sustainable infrastructure with strong leadership. Mr. Thethi joins Generate with nearly 20 years of experience at Credit Suisse, where he most recently served as CFO of the Investment Bank. He holds an undergraduate degree in economics from University College London and a master’s in finance from London Business School.

About Generate

Generate Capital is a leading sustainable investment and operating platform. Generate provides the capital and expertise that developers, businesses, cities and communities need to accelerate cost savings, resilience and decarbonization. Since 2014, Generate has invested in and operated sustainable assets across six sectors: power, mobility, waste, green digital, water and agriculture, and industrial decarbonization. With more than $10 billion raised since inception, 50+ technology and development partnerships and over 2,000 assets globally, Generate’s one-stop-shop offers proof, not promises that sustainability pays.

For more information, please visit www.generatecapital.com.