TerraForm Power is a diversified owner of clean power generation assets in developed markets. This includes solar and wind assets located in the U.S., Canada and other developed markets.
Today TerraForm Power owns and operates over 500 hundred wind and solar clean energy power installations. The assets are acquired through its sponsor, SunEdison, and other high-quality third parties.
With a diversified and high quality renewable energy portfolio, TerraForm Power is ideally positioned to capitalize on the growth in renewable power generation. We focus on serving the needs of utility, commercial and residential customers while delivering the returns that investors expect.
Rebecca Cranna was appointed Executive Vice President and Chief Financial Officer on November 22, 2015. Ms. Cranna previously served as Senior Vice President and Chief Financial Officer, Global Asset Management, of SunEdison, a position she held since May 2015. From September 2014 to May 2015, Ms. Cranna served as Senior Vice President of Asset and Risk Management for TerraForm Power with operations responsibility for TerraForm’s operating power plant fleet. Previously, she was Chief Financial Officer at Silver Ridge Power from 2010 until 2014, with operations and finance responsibilities. Prior to that, she served as a Vice President of AES Corporation from 2006 to 2009. From 1992 through 2006, she served at AES in various positions of increasing responsibility, focusing on greenfield project development, non-recourse project financings, and M&A across multiple geographies including Latin America, the Caribbean, Africa and United States. Ms. Cranna holds a B.A. in Human Biology from Stanford University.
Thomas Studebaker was appointed Chief Operating Officer in July 2016.
Mr. Studebaker is a Managing Director in AlixPartners, LLPs' Turnaround & Restructuring practice in the Boston office, joining the firm in 2008. Tom specializes in developing and implementing financial and operational strategies for companies in a variety of complex situations. He has extensive experience assisting clients as both an advisor and an interim officer, and while at AlixPartners has acted as the Chief Financial Officer to Metro Fuel Oil Corp., as well as the Chief Financial Officer to a privately held global consulting company.
Mr. Studebaker holds an MBA from the J. L. Kellogg School of Management at Northwestern University, a Bachelor of Business Administration in accounting from the University of Notre Dame, and is a certified public accountant licensed in the state of Massachusetts.
Sebastian is a Senior Vice President and the General Counsel of TerraForm Power. He joined SunEdison in 2007 and previously served as Vice President and Head of Legal, EMEA and Latin America at SunEdison.
He has played a leading role in the international expansion of SunEdison, and led a number of large and innovative debt and equity transactions that have been recognized as setting precedents for the industry. Before joining SunEdison, Sebastian was an attorney at major law firms in Washington D.C., handling project finance, regulatory and corporate matters.
Sebastian holds a Master of Laws (LL.M.) degree from New York University, where he was a Fulbright Scholar, and a law degree from the University of Bonn, Germany. He is admitted to practice law in New York, Washington D.C. and Germany.
Hanif is currently CEO at The Y Company. He has been the President and CEO of Farah Ashley Capital, a Principal and Partner of Sandler O'Neil, Partner and Managing Director of mortgage-backed securities for Union Bank of Switzerland; Head of Mortgage Finance and Managing Director of LF Rothschild and Company. As an investment banker he has over 14 years of experience on Wall Street and started his career with E.F. Hutton and Company.
Hanif is an Independent Non-Executive Director of Cellebrum Technologies Limited and S i2i Limited. Hanif is also a Director of the New York Community BanCorp, a Director of the New York Commercial Bank and New York Community Bank, a subsidiary of the New York Community BanCorp.
Hanif holds Masters in Business Administration Degree of Harvard Business School, Cambridge, Massachusetts and obtained his bachelor's degree in technology from Loughborough University.
Ms. Fox has more than 20 years of experience structuring and executing financings for energy and infrastructure projects globally, including multiple wind and solar transactions. Until September 2016, Ms. Fox served as Managing Director and Head, Project Finance, North America for BBVA Securities Inc. Prior to joining BBVA, Ms. Fox ran the Global Export and Project Finance business for Fortis Capital Corp. from New York, and held various roles in the Structured and Project Finance Group at Deutsche Bank. Ms. Fox began her career as an attorney at Milbank, Tweed, Hadley & McCloy. She currently also serves on the Board of Directors of Alterra Power Corp., a Vancouver-based developer, owner and operator of wind, solar, hydro and geothermal assets. Ms. Fox has a JD from Harvard Law School and an AB in International Relations and Russian Studies from Brown University.
Mr. Hall currently serves as an independent director and member of the Nominating and Governance Committee of the board of directors of General Cable, a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, construction, specialty and communications markets. Mr. Hall also serves as a non-executive director of Globeleq, the leading independent power producer in sub-Saharan Africa. He is a member of the board of directors of Green Conversion Systems, a developer and operator of energy from waste facilities in North America, the Caribbean and South America. Mr. Hall is the Vice Chairman of Japan Wind Development Co., Ltd., a developer and operator of wind generation projects. From April 2013 until February 2015, Mr. Hall served as the Executive Vice President – Chief Operating Officer of Atlantic Power Corporation. Prior to Atlantic Power, Mr. Hall spent more than 24 years working in the energy sector at AES Corporation, a publicly traded global power company. While at AES Corporation, Mr. Hall held various positions including Managing Director, Global Business Development from 2003 to 2005; President, Wind Generation from 2005 to 2008; President, North America from 2008 to 2011; and Chief Operating Officer, Global Generation from 2011 to 2013. Mr. Hall previously served as a chairman of the board of American Wind Energy Association and as member of its board. Mr. Hall holds a Master of Science degree in Management from the MIT Sloan School of Management and a Bachelor of Science in Mechanical Engineering from Tufts University.
Marc Rosenberg spent over 23 years as a partner at Cravath, Swaine & Moore LLP, where he founded and co-chaired the firm’s Corporate Governance and Board Advisory Practice. Prior to his retirement in 2013, Mr. Rosenberg advised boards of directors, board committees and senior management in connection with crisis management, governmental investigations, corporate governance matters and other special situations. Mr. Rosenberg's legal practice also included extensive experience in mergers and acquisitions, financings and other corporate transactions. He currently serves as a Director Emeritus at New York Lawyers for the Public Interest, and previously served as a Director from 2011 to 2014. Mr. Rosenberg holds a J.D., from Harvard Law School, magna cum laude, and an A.B. from Princeton University, summa cum laude.
TerraForm companies own and operate clean and renewable energy assets acquired from its sponsor, SunEdison, and other high-quality third parties worldwide.
Collectively the TerraForm companies represent the next generation of independent power producers that are helping change the way energy is generated, distributed and owned.