Enfinity Power, part of the Enfinity Group, chose Hans De Backer as CEO and Steven De Tollenaere as CEO of Enfinity Group. In addition to CEO of Enfinity Power, de Backer will also be the group’s CFO. Enfinity Power, acting as an independent power producer (IPP), will produce and sell renewable power to customers.
“Enfinity Power will generate a predictable and important recurring income base in addition to the Group’s classical business model in which the shares of the Special Purpose Vehicle (SPV) are sold to the project owner once it has been completed”, says Hans De Backer. “Therefore Enfinity Power will keep full control over certain SPV’s, the companies that are specifically set up for each renewable energy project”, De Backer adds.
De Tollenaere joins Enfinity Group from Shurgard Europe where he was CEO since 2005.