Transparent Energy on Wednesday said it hired a pair of highly regarded industry veterans: Annette Durnack as executive vice president, sales, and Jeremy Lo as executive vice president, corporate development.
The duo will play a key role in advancing the Fairfield-based firm’s capabilities and leadership, providing energy transition services for large commercial & industrial, investment bank, private equity, real estate investment trust and other Fortune 1000 firms, while further strengthening its business development, sales and operations functions.
Adding Durnack and Lo comes at a time of explosive sales growth for the company across products. Their experience and skill will help Transparent Energy scale to meet accelerating demand, as procuring renewables, power and natural gas grows in complexity and strategic impact for businesses and institutions across the U.S.
Durnack began her career in retail energy back in the mid-1990s with Niagara Mohawk; helped PPL EnergyPlus launch its retail electric supply business, then staying on with the firm for the better part of a decade, through its acquisition by Talen; and, most recently, ran commercial energy sales at Yardi, where she drove energy management software sales and carbon tracking for large commercial real estate clients, a key target market shared by Transparent Energy.
Lo joins Transparent Energy by way of ENGIE North America, where, as director of corporate development services, he reported directly to the company’s chief financial, chief strategy and chief human resources officers on an array of renewable energy, energy risk management and acquisition activities. Prior to ENGIE, Lo structured key national accounts, directed pricing and ran supply portfolio management at GDF Suez Energy, later ENGIE, dating back to 2006. He began his career at Enron and Entergy, where he quickly established his expertise in risk management and reporting, as well as deal pricing.
“We are beyond elated to continue attracting exceptional energy-industry talent to join us at Transparent Energy. Annette and Jeremy are proven trailblazers, leaders and practitioners — their long careers are rich in success growing businesses and national accounts, showcase entrepreneurship and innovation and highlight ingenuity and integrity. We couldn’t be more excited to have them on board and for what the future holds for Transparent Energy and our customers,” Paul Shagawat, co-founder and managing partner, Transparent Energy, stated.