Solar Millennium Appoints Former EnBW Energie Head as New CEO
German solar thermal developer Solar Millennium has appointed Utz Claassen, the former head of German utility EnBW Energie Baden-Württemberg, as its new CEO.
As CEO, he officially starts in his new position next month, Claassen will oversee the company’s U.S. expansion. Earlier this year, the company announced that it had hired Deutsche Bank and Citigroup to help it raise as much as €4 billion ($6 billion) to finance construction of thermal power projects in the U.S. Southwest.
In Spain, Solar Millennium has developed Europe’s first parabolic trough power plants. It is also participating in the massive $572 billion DESERTEC project, which seeks to build a network of large utility-scale solar generation power plants in the Sahara.
