- Ross Rolfe will step down as CEO of Iberdrola Australia at the end of 2025.
- Paul Simshauser, former CEO of Powerlink Queensland, will replace him.
- Since 2020, Iberdrola Australia has invested $2.5 billion in renewable projects.
- The company acquired Infigen for $1.4 billion.
Leadership Transition
Iberdrola Australia has announced that Ross Rolfe will step down as CEO at the end of 2025, though he will continue as Chairman of the Board. Paul Simshauser, previously CEO of Powerlink Queensland, will succeed him.
Paul Simshauser's Background
Paul Simshauser is a seasoned economist with over 25 years of leadership experience in Australia's energy markets, regulatory bodies, and public policy institutions. He has also served as a Professor of Economics at the Centre for Applied Research in Energy Economics and Policy.
Investment and Growth
Since 2020, Iberdrola Australia has invested $2.5 billion in wind, solar, and battery storage projects across South Australia, New South Wales, and Queensland. The company also acquired Infigen for $1.4 billion, tripled in size, and quadrupled its customer base.
Future Developments
Iberdrola Australia has obtained a feasibility licence for offshore wind energy in Victoria and launched a new grid business, reflecting its ongoing commitment to expanding its renewable energy footprint.
